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Put simply, if you want to get better value (and who doesn’t!) your total reward package needs to be relevant. You need to understand what your people want and need in order to design an appropriate package.
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Knowing what won’t work is sometimes almost as useful as knowing what will, which is why the decades of experience older employees bring to the workplace make them “a source of competitive advantage”.
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The first 12 weeks of lockdown have helped to transform many businesses for the better. It has catapulted them into a new way of working and communicating with employees that has long been discussed but, arguably, might never have made it from proposal to practical application without the pandemic.
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Managing international pay and benefits is complicated, costly and time consuming. But it doesn’t have to be. An integrated global pay and benefits system can save you time and money by making your processes quicker, smarter and more secure.
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As consumers, we buy products we think will make us happier and more fulfilled. It’s the same with employee benefits; we only engage with those benefits that appeal to us. This makes pensions a harder sell than, say, gym membership or discount vouchers.
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