Guide to acceptable pay rise alternatives: What to know

As organizations face economic challenges, exploring alternatives to traditional pay raises is crucial. But what exactly is acceptable in this day and age?

This ADP report examines global workforce perspectives on alternatives to pay increases, surveying over 34,000 workers in 18 countries, to reveal key findings such as:

Acceptable alternatives vary by region, emphasizing the need for culturally tailored strategies.
Popular options include one-off bonuses, extra paid time off, and flexible work arrangements, though many still prefer salary increases.
Advanced payroll tools can aid HR in creating compensation packages that align with employee preferences.

Access The Worldwide Guide To Acceptable Alternatives To Pay Rises report to gain more insight into the current landscape.

Vendor:: ADP
Posted:: Nov 25, 2024
Published:: Dec 2, 2024
Format:: PDF
Type:: Research Content

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