Compensation & BenefitsLife @ Work#HRCommunity#HRTech
Humanforce's research underscores the essential role of HR technologies in enhancing a business's EVP. Impressively, 96% of Australian workers surveyed emphasized that technological innovations are vital for fostering positive workplace experiences.
Performance ManagementCompensation & BenefitsBenefits & Rewards#HRCommunity#Wellbeing#Productivity
By creating a comprehensive and supportive benefits package, organizations can foster a more engaged and productive workforce, leading to improved business performance, enhanced employee satisfaction, and stronger customer loyalty.
Compensation & BenefitsBenefits & RewardsLeadership Solutions#Wellbeing#EmployeeExperience
Flexibility is the key word. This shift is characterized by personalized salary packages, comprehensive health and wellness programs, and robust retirement planning options, all designed to offer employees greater autonomy and security.
Compensation & Benefits#SMEcorner#HRCommunity#HRTech
The reduction in employee growth is not the sole critical concern confronting SMEs. Additionally, the report underscores the escalation in wage growth, labelling it as unsustainable.
Compensation & Benefits#HRCommunity#Wellbeing#HRTech
Dana Rogers highlighted the discrepancy: 75% of employees prioritise financial wellness in compensation plans, yet only 28% of employers provide such benefits.
Compensation & BenefitsEconomy & Policy#HRCommunity#HRTech
Analysing payroll records from 2011 to 2018, involving 27 million individuals, alongside a net migration of 1.7 million to Australia, shows that areas with more migrants generally have higher productivity levels.
Compensation & Benefits#Trends#HRCommunity#TeamAlignment#Work Culture
According to WorldatWork, 80% of organisations acknowledge that their employees lack comprehensive knowledge of pay policy. Most companies are still searching for the best way to share pay transparency information with their current and future workforce. Only 12% of companies have developed and implemented a pay transparency strategy.
