Top Ten Non-Monetary Benefits and Incentives Employers Can Offer Their Employees
In today’s competitive job market, employers are increasingly recognising the importance of non-monetary benefits and incentives to attract and retain talent. While financial compensation is essential, non-monetary rewards can significantly enhance employee satisfaction, engagement, and loyalty. Here are the top ten non-monetary benefits and incentives that employers can offer their employees in 2024. 1. Flexible […]
Mitigating Hiring Risks Using Employer of Record Service Providers
Hiring the right talent is one of the most crucial aspects of running a successful business. But as companies grow, especially in international markets, the hiring process becomes increasingly complex and risk-laden. Compliance issues, legal liabilities, cultural differences, and logistical challenges can turn a straightforward recruitment into a source of significant risk. In this context, […]
The Top Ten Most Common Employee Benefits Globally in 2024
In today’s competitive job market, offering a strong salary alone is not enough to attract and retain top talent. Employee benefits have become a crucial aspect of an organisation’s compensation package, and in 2024, the types of benefits employees expect have evolved to reflect global workforce trends. From health coverage to work-life balance initiatives, businesses […]
Understanding Employee Probationary Periods: Purpose and Process
A probationary period is a designated timeframe at the beginning of an employee’s tenure during which both the employer and the employee assess the suitability of the employment relationship. This trial phase typically lasts between one to six months, allowing employers to evaluate new hires’ performance, adaptability, and cultural fit within the organisation. Understanding how […]
Effective Employee Engagement Strategies for the Workplace
In today’s competitive business landscape, employee engagement has become a critical factor in organisational success. Engaged employees are more productive, motivated, and committed to their company’s goals, which directly impacts profitability and innovation. Research shows that organisations with highly engaged employees can experience up to 21% higher profitability and 41% lower absenteeism than those with […]
The Hidden Costs of Hiring the Wrong Talent and How Employers Can Avoid It
Hiring the wrong talent can be a costly mistake for businesses, often resulting in more than just financial losses. The true cost of a bad hire goes beyond salary and recruitment expenses—it can impact company morale, productivity, and even customer satisfaction. Understanding these hidden costs and taking proactive steps to avoid hiring mistakes is essential […]
