More than half of small businesses (56%) plan to spend more compensating their employees in 2021 than last year, according to a new report from Clutch , the leading B2B research and reviews firm. Clutch surveyed small business owners and managers in 2019 and 2021 to learn about what compensation and benefits they offer employees. The data reveals increased demand for health … [More]

“Corporate culture” is a buzz phrase that’s been going around for over a decade now, though the actual meaning behind this hot topic is often lost. A company’s culture goes far beyond celebrations, perks, and the office layout. In fact, it reaches the very core of a business. Here are six factors that comprise a company’s culture. Heritage and Vision Every business has an … [More]

A study of more than 400 managers in a national hotel chain finds that the more those managers are compensated relative to their peers, the better their performance. Researchers argue that the results would hold true across industry sectors. "In many companies, employee performance is rewarded with bonuses – so companies pay for what they get out of each employee," says Jim … [More]

The overwhelming majority (89%) of organizations are open to negotiating salary for either some or all positions once a job offer has been made, according to 324 US employers responding to XpertHR's Recruiting and Hiring Survey 2021. However, when it comes to bonuses and benefits, employers are more rigid in their terms of employment. About four in 10 (42%) organizations are … [More]

We often associate the month of February with acts of love. Cards, dinners, flowers and chocolates are given to those we value. As leaders, it’s important to show the love by demonstrating you value your team, not just around heartfelt holidays and not necessarily through gestures like buying flowers and chocolates, but instead through your words, actions, responses and … [More]