Shiv Kumar

Top performing organizations | Shiv Kumar |Head HR & IR |Red Star Group Staffing & Solutions Pvt Ltd

Shiv Kumar

When it comes to compensation and benefits, giving a better pay increase to high performers was at the top of the list. However, top performing organizations were more prone than typical organizations to reward high-performing employees with every type of incentive except flexible work schedules. We also saw that top performing organizations were more likely to invest in more types of variable pay as well as better benefits and perks. Although organizations still rely heavily on traditional benefits such as employer paid medical, dental and vision insurance (78 percent) and retirement plans (73 percent), we are seeing an increase in other types of benefits, such as offering remote work opportunities (48 percent) and paid family leave (38 percent).

Leave a Reply

Your email address will not be published. Required fields are marked *