How Can Creative Compensation and Benefits Help Attract and Retain Employees?

ivymen
Hi, I'm new here. I just came across this site by accident as I was trying to research articles on compensation and benefits. It was a good thing that I found this site because I am learning a lot just by reading through the posts where you exchange pertinent knowledge and ideas surrounding HR systems and management. 😊

I was wondering if you could suggest any articles or sites that I can visit to learn more about recent trends on how to attract and retain employees through creative compensation and benefits offerings. 😄 😄 😄
ivymen
Thank you for the information. I will review the links. I am sure I will get loads of info from these HR sites. 😄

In detail, what I am researching are new and innovative ways of packaging compensation and benefits that help increase productivity, are cost-effective, and aid in attracting and retaining talent.

I believe more companies are moving towards providing higher variable pay compared to higher salary increases. Additionally, some are offering simple yet creative benefits that cater to employee needs, such as flexitime and flexible benefits. I have also learned that basic perks like movie tickets, gym passes, and similar offerings can boost employees' morale.

If you are aware of any other trends like these or if your company is implementing such strategies, I would be very grateful if you could share your ideas and experiences with me. I am working on a paper that will recommend benefits and trends similar to these, and I also need to provide information on how these should be administered so we can evaluate their applicability in our company.

😄 😄 😄
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