Job markets today are highly competitive, with many businesses going over and above when it comes to offering compelling compensation packages. As a business, standing out from companies vying for the attention of talented individuals requires more than just offering a fair wage. Structuring a competitive...
Keeping accurate financial records is important for every employee, and pay stubs play a significant role in this process. They not only provide a detailed breakdown of an individual's earnings but also help in managing records for future reference. Pay stubs support record-keeping by showing...
Employee happiness is essential to workflow. However, 2022 research from Indeed indicates that 72% of Australian employees felt unhappy in the past twelve months. Frequent employee recognition through gifts can positively impact well-being: employees recognised monthly are 36% more likely than those recognised quarterly to...
Many organizations are experiencing significant staff turnover rates and high expenditures due to the Great Resignation. Do you feel like you're in the same boat? Are you an employer that is concerned about retaining your employees? If you’re one of them, continue reading. Companies need to...
In an era where technology reigns supreme, the Human Resources (HR) department isn't left untouched by its transformative power. Innovative digital solutions have revolutionized how businesses function, making processes more efficient and data-driven. The wave of change has also surged across traditional bookkeeping, with businesses...
If there is a single element of your business that is more important than any other, it would have to be your workforce. After all, everything that happens in your business – from product sales to cleaning the floors – is a direct result of...
Employee benefits are an important part of any job. However, for Gen Z employees, understanding the ins and outs of their employee benefits can be a bit tricky. With various plans and options, it can be difficult for them to find the best solutions for...
Salary talk is never easy, even if you are a seasoned professional. You may feel stressed and uncomfortable during the negotiation phase. But letting the unnerving experience override your expectations of a dream compensation is the last thing you want to encounter. Unfortunately, there is...
Employee recognition programs can be an effective way for companies to increase employee engagement, boost productivity, and attract top talent. Great customer experience depends heavily on employee engagement, so employee recognition helps boost morale. However, there is no one size fits all policy for employee recognition....
Employee turnover is constantly increasing by the minute. On average, workers will stay with a company for 4.2 years. However, 20% of turnover happens in the first 45 days of work at a new company, and the turnover is 10 times higher in the first...