Benefits

5 Compensation Strategies for Challenging Economic Times

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Employees and Money

While signs indicate economic softening, employers must be active regarding compensation despite how they may be financially impacted in 2023. Companies should consider rising inflation, economic uncertainty, employee expectations, and the tight labor market as they develop their compensation packages and review schedules. Data indicates that many companies are considering larger-than-usual salary increases in 2023: […]

Benefits

Top Benefits Employees Expect in 2023

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Employee Benefits

Employees are paying greater attention this enrollment period to their employer-offered benefits. Inflation and the tight labor market impact how employees view their benefits as they weigh if the benefits are meeting their needs. Today it takes more than a competitive salary to recruit and retain top talent; it takes equity compensation, Fortune 500-caliber benefits, […]

Employee Well-Being

3 Reasons Why Mental Health Matters to Employers

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Mental health is essential to a person’s well-being, family, and interpersonal relationships and significantly impacts their ability to live a full and productive life. While mental health is often overlooked as a public health issue, mental health has profound effects that usually last a lifetime. The World Health Organization (WHO) recognizes the importance of psychological […]