employee compensation

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    Compensation and Benefits: Driving Employee Motivation and Retention

    In today’s competitive job market, businesses must go beyond offering just a salary to attract and retain top talent. The concept of Compensation and Benefits plays a crucial role in shaping employee satisfaction, productivity, and loyalty. More than just financial incentives, it represents the...
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    Study on Employer Costs for Employee Compensation

    Description Employer costs for employee compensation averaged $33.49 per hour worked in March 2015, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $22.88 per hour worked and accounted for 68.3 percent of these costs, while benefits averaged $10.61 and accounted...
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