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Employee Retention: 5 Novel Strategies

Employee Retention: 5 Novel Strategies

Comp&BenAneta Samkoff

The April data releases across the globe point to the soaring inflation as one of the most pressing current economic problems worldwide. Consumer Price Index for EU 27 countries has been consequently rising in recent months to 7.8% as of April 31st, with some of the members reaching as much as 15% year to year pace.

Federal data from the point to a whopping 8.26% - levels unseen since the 1980s. The at 7% this month is facing the highest inflation in 30 years. Not to mention other parts of the world with some of the G20 countries like already passed the dangerous levels with 70% and 55% respectively.

10 HR Trends You Must Know About To Keep Your Talent Happy in 2022

10 HR Trends You Must Know About To Keep Your Talent Happy in 2022

PeopleAneta Samkoff

From this article, you’ll learn:

  • What HR trends will dominate the current compensation management policies
  • What are the benefits and challenges presented by each trend
  • How to implement the 2022 HR trends in your company
Power Automate vs UiPath - comparison, pros and cons

Power Automate vs UiPath - comparison, pros and cons

RPAMateusz Tajak

According to the research institutes such as Gartner and Forrester, the Robotic Process Automation (RPA) market is one of the fastest-growing sectors in the area of technological solutions for business. This results in the large and growing number of technological products supporting automation with the use of RPA. This, in turn, results in a growing number of solutions to choose from and it’s becoming more and more difficult for the consumer to make the right, informed decision.

UiPath vs Automation Anywhere. Experts compare RPA software.

UiPath vs Automation Anywhere. Experts compare RPA software.

ProcessDamian Andruszkiewicz

Robotic process automation software is gaining popularity, and with the increasing number of tools available, it is harder to choose the best solution for your company. In this article, we will compare two of the most popular tools - UiPath vs Automation Anywhere. Knowing what are the main differences between them and how they can be used to streamline your business processes should be helpful in deciding which one will be the best choice for your company.

What is a short-term incentive plan?

What is a short-term incentive plan?

Comp&BenAneta Samkoff

Short-term incentives are the most prevalent type of compensation after salary. Their popularity stems from their versatility and short performance cycles with frequent checks and adjustments, lending STI bonus to be one of the more agile-friendly incentives.

Modern Approaches to Effective Compensation Management

Modern Approaches to Effective Compensation Management

Comp&BenAneta Samkoff

In the past, compensation management used to be rather straightforward. HR departments found new hires quite easily, employees tended to stay at a company for a while, and an annual compensation review was enough to keep both sides satisfied. But the days of 2% raises and ad hoc compensation planning are over.

Executive Compensation Package: Key Components

Executive Compensation Package: Key Components

Comp&BenAneta Samkoff

The executive compensation package has an undeniable impact on companies. A well-designed executive compensation plan can positively affect the achievement of the organization's strategic goals, ultimately driving the firm's success. A bad one may result in misalignment, short-sightedness, loss of talent and profits, effectively running the business to the ground.

Employee attrition: how to combat in times of inflation?

Employee attrition: how to combat in times of inflation?

Comp&BenAneta Samkoff

The difficult times are not over yet, at least for businesses. First, companies that survived the Covid-19 pandemic, lost revenue. Then the wave of massive quits informally labeled the Great Resignation has left many grappling with employee attrition. As firms struggle to find new employees for unfilled positions while keeping the remaining employees satisfied, rising inflation is now another element they need to deal with. And that’s especially difficult since the other problems did not go away.

Executive Compensation: How to Start with Performance Metrics?

Executive Compensation: How to Start with Performance Metrics?

Comp&BenAneta Samkoff

Despite the fact that the last five years have challenged the global markets to deal with such unexpected events as the Covid-19 pandemic, the war in Ukraine, the Great Resignation, and not to mention tax and accounting law reforms across the US and the EU, turning the operational strategies of most companies upside down, the performance-based long-term incentive grant prevalence has never been more stable.

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+48 511 986 775Mateusz TajakBusiness Development Manager
Mateusz Tajak