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Recognition & Rewards

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Blasé millennials require a different mix of employee benefits


Millennial employees grew used to taking “just for now” jobs with little hope of long-term stability. Their experience should inform your benefits strategy.

Bonuses or pay raises: Which works best?


In December, some high-profile businesses announced they planned to give bonuses to their employees. Other companies said they would raise the minimum wage entry-level employees receive, with corresponding increases for higher-paid staff. Both strategies recognize a tightening job market. Which one is right for your organization?

Tax reform fueling changes to benefits and comp programs


Tax reform legislation enacted late last year is already fueling changes to corporate America’s employee compensation and benefits programs, according to a new survey by the Willis Towers Watson consulting firm.

Do gift cards count as employee income?


Q. We gave our employees gift cards as holiday gifts. Must these gift cards be reported as taxable income?

Snapshot: Fewer bonuses this year


A strong economy hasn’t convinced employers to loosen the purse strings this holiday season. 

Best holiday gift for employees could be a simple ‘thank you’


A little appreciation can go a long way with employees. This holiday season, remind supervisors to stuff their employees’ stockings with a simple “thank you” for a year of loyal service.

Give ‘coupons’ to celebrate on a budget


When she was getting her Denver product branding firm off the ground, Design and Image founder Deborah Williams couldn’t afford to give big holiday bonuses to her eight employees. Instead, she gave something almost as valuable: a book of coupons redeemable for work/life balance during the year.

Survey: Employers trim discretionary bonuses

Despite low unemployment, employer payrolls are expected to increase only 3% in 2018, according to recent surveys. That’s in line with pay raises employers have been handing out for the last several years. What is changing, however, is how employers are paying workers.

Snapshot: What perks would make you change jobs?

In a seller’s market, it pays to know the benefits prospective employees value most.

Price war for new talent? Reassess pay scales

Sometimes landing the best candidate requires sweetening the salary pot, paying more than the last person to hold the job earned. Before you make such an offer, consider the potential consequences.
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