Empuls

AUGUST 22, 2024

These awards aim to appreciate and honor the commitment and contributions of employees over time.      According to the Bureau of Labor Statistics , employees aged 25 to 34 years have an average tenure of 2.8 years, while the average tenure of a salaried employee is 4.2

Employee Retention 40

Employee Retention Paid Vacation Bonuses Electronics 40

Vantage Circle

MAY 15, 2024

Getting employee recognition right is tough - there's no two ways about it. As we look ahead to 2024, organizations are getting savvier about using recognition to boost engagement, retention, and business performance. The cost of employee turnover can be significant, often estimated to be 1.5 Let's dive in!

Employee Recognition 105

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HR Digest

MARCH 12, 2025

In 2025, salaries alone no longer define an attractive employment offer. Whether youre an HR professional or a business owner, heres everything you need to know about employee extras and how they shape modern workplaces. Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., What are fringe benefits?

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401(k) Health Insurance Taxes Retirement Plan 52

Empuls

JANUARY 29, 2024

This article will highlight the importance of and discuss some employee retention trends to watch out for in 2024. What is employee retention and why does it matter? Employee retention encompasses the overall efforts of an organization to keep its staff members from leaving.

Employee Retention 52

Employee Retention Retirement Plan Salary Technology 52

HR Digest

MARCH 6, 2024

We moved far too quickly from the “Great Resignation” to the era of mass layoffs and it seems that employee retention strategies were lost in the transition somewhere in between. This is why we need to return to devising creative ways to retain employees to ensure organizations stay whole. What Is Employee Retention?

Employee Retention 59

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Empuls

AUGUST 14, 2024

Cost efficiency: While implementing a quarterly rewards and recognition program requires initial investments, it can result in cost savings of as much as 33% of an employee's annual salary.

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Vantage Circle

JANUARY 31, 2024

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. This article sheds light on how these surveys can be a game-changer for organizations seeking to understand and enhance their employee experience.

Employee Retention 59

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Employee Benefits

JANUARY 16, 2024

Our research – hot off the press – of 1002 full-time UK employees found that nearly half are likely to actively search for a new job opportunity in 2024. Read on to discover which age range plan to spread their wings, and the steps you can take to reduce employee turnover and retain your talent. 28.45% were aged 55+.

Salary 59

Salary Benefits Package Recruitment Employee Retention 59

Employee Benefits

JANUARY 18, 2024

Employee retention remains a business priority as we step into a new year. Our research found that almost half of UK employees say they’re likely to look for a new role in 2024. That’s why SmartPay, our cost-neutral salary deduction scheme, is the employee benefit your people and business need in 2024.

Employee Benefits 52

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Empuls

DECEMBER 18, 2023

Employee retention is a critical factor in the success of insurance companies.    Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. However, there's no need to worry. 

Employee Retention 40

Employee Retention Insurance Employee Incentives Retirement Plan 40

Vantage Circle

MAY 15, 2024

Getting employee recognition right is tough - there's no two ways about it. As we look ahead to 2024, organizations are getting savvier about using recognition to boost engagement, retention, and business performance. The cost of employee turnover can be significant, often estimated to be 1.5 Let's dive in!

Employee Recognition 52

Employee Recognition Bonuses Utilities Media 52

Employee Benefits

JULY 15, 2024

An organisation should regularly communicate its benefits to current and potential employees if it wants to promote itself as an employer of choice. With this in mind, what impact can employers’ reward and benefits strategies have on recruitment and retention?

Recruitment 98

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Workplace Insight

APRIL 8, 2024

Women, on average, outlive men but, as reported by the World Economic Forum ( WEF , 2024), spend approximately 25 percent of their lives in poor health. Firms should also provide salary sacrifice schemes to help women set aside pre-tax salary to support their health and wellbeing. Shared parental leave is also a must.

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HR Digest

FEBRUARY 20, 2025

Why Employee Appreciation Day Matters Now The evidence is clear: employees who feel valued stay longer, work harder, and innovate more. A 2024 study by Gallup found that organizations with strong recognition cultures saw 31% lower voluntary turnover rates than their peers. So, why is Employee Appreciation Day important?

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Hppy

DECEMBER 13, 2023

When it comes to Human Resources, employee engagement remains a significant factor in a company’s success. In 2024, the world of work will continue to change, bringing unique challenges and opportunities. Neglecting employee engagement can have dire financial and operational consequences, as evidenced by real-world statistics.

Human Resources 45

Human Resources Healthcare Employee Retention Salary 45

Empuls

DECEMBER 24, 2024

Organizations prioritizing meaningful benefits show their commitment to employee well-being, fostering loyalty, and enhancing productivity. While salary is important, employees increasingly value benefits that improve their work-life balance and financial security. These perks enhance employee well-being and job satisfaction.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

Empuls

MARCH 23, 2023

At a time when the world was grappling with a health crisis, what could an employee retention tax credit have done? The earlier underestimated lifeline, thrown toward small businesses and employees made a difference in how employees and employers handled the Covid-19 wave. What is the employee retention tax credit?

Employee Retention 40

Employee Retention Taxes Government Payroll 40

Sodexo Engage

OCTOBER 11, 2024

NEW LP - Employee benefits and rewards. Cloned daniel.rhodes Fri, 10/11/2024 - 14:19 Employee benefits and rewards. Find out more Boost Productivity, Engagement and Retention with a wide range of employee benefits. Online GP - 24/7 healthcare at your employees’ fingertips anytime, anywhere! Make an impact.

Employee Benefits 52

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Sodexo Engage

OCTOBER 11, 2024

NEW LP - Employee benefits and rewards. Cloned daniel.rhodes Fri, 10/11/2024 - 14:19 Employee benefits and rewards. Find out more Boost Productivity, Engagement and Retention with a wide range of employee benefits. Online GP - 24/7 healthcare at your employees’ fingertips anytime, anywhere! Make an impact.

Employee Benefits 52

Employee Benefits Retail Deductions Deductible 52

Hppy

MAY 11, 2024

Employers may pay new hires more than current employees because they want to attract top talent, have access to a smaller pool of candidates, or want to reduce turnover in the absence of effective onboarding. Skilled employees are in higher demand than ever, and businesses attract the best talent by offering competitive salaries.

Payroll Audit 36

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Employee Benefits

JANUARY 12, 2024

Wikipedia explains it here: Where W=weather, D=debt, d=monthly salary, T=time since Christmas, Q=time since the failure of new year’s resolutions, M=low motivational levels, and Na=the feeling of a need to take action. By answering three questions , we can tell you whether you’re at risk of high employee turnover.

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Benefits Package Finance Employee Retention Consulting 52

Business Management Daily

OCTOBER 8, 2024

Generally, the employee can access the wages earned through time worked, but each EWA service is different. Some limit it to half of their salary or some other metric. Benefits of offering earned wage access Learn how earned wage access can benefit employees as well as employers. Other states are also looking to follow suit.

Employment 52

Employment Payroll Payroll System Recruitment 52

Empuls

JUNE 21, 2024

. - A PwC study has reported that financial worries severely or majorly have impacted the productivity of up to 73% of employees. The statistics highlighted the importance of retirement benefits and rewards for employee retention, and engagement. This is applicable up to a maximum salary of $275,000 in 2024. 

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40

Achievers

JULY 17, 2024

Keeping top talent happy and engaged is more challenging than some may think, but there’s a solution: employee retention software. These advanced tools analyze everything from employee behavior and satisfaction to performance metrics, offering invaluable insights for crafting effective retention strategies.

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Achievers

MAY 10, 2024

Tangible rewards are most common in the form of financial incentives, such as salary or bonuses, while recognition, praise, and promotion are examples of intangible rewards. Nurture personal fulfillment When employees have an opportunity do something simply because they want to learn and grow, those moments are highly empowering.

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Salary Bonuses Employee Loyalty Employee Retention 226

Empuls

DECEMBER 17, 2024

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention.   According to the IRF 2024 Trends Report , incentive ideas are not just perks but powerful tools for attracting and retaining top talent in today’s tight job market.

Employee Incentives 40

Employee Incentives Bonuses Commissions Benefits Package 40

Achievers

MARCH 7, 2025

The right employee rewards program doesnt just make employees feel appreciated. It strengthens engagement, boosts retention, and inspires higher performance. Types of employee rewards A great employee rewards program offers a mix of incentives to keep employees engaged and motivated.

Technology 119

Technology Retail Bonuses Health 119

Empuls

FEBRUARY 16, 2024

→ Moreover, recognition plays a pivotal role in employee retention. In a survey conducted by Glassdoor , 53% of employees reported that they would stay at their current company longer if they felt more appreciated.

Employee Recognition 52

Employee Recognition Bonuses Healthcare Digital Media 52

Flimp Communications

OCTOBER 1, 2024

Estimates peg the cost of replacing a single employee somewhere between half to twice their annual salary. And that’s not to mention all the institutional knowledge departing employees take with them. Related: Employee Retention: Keeping Your Millennial Workers Around.

Employee Retention 52

Employee Retention Benefits Package Salary Bonuses 52

Vantage Circle

JANUARY 30, 2024

The latest employee engagement statistics for 2024 highlight some tremendous insights. Recent research reveals that companies with highly engaged employees outperform their peers in vital areas such as productivity, profitability,and customer satisfaction. An appreciative work culture helps in employee retention.

Employee Recognition 52

Employee Recognition Employee Retention Financial Compensation Recruitment 52

Vantage Circle

JANUARY 9, 2024

Quick Summary This blog lists the Top 15 HCM Software Platforms after a rigorous review of the top-performing HCMs in the HR space in 2024. Career Development : Supports employees in identifying career paths and facilitates training and development opportunities. It caters to companies of all sizes but is particularly popular for SMBs.

Software 65

Software Payroll Global Payroll Human Resources 65

Achievers

OCTOBER 10, 2024

In 2024, companies are facing increasing turnover as 59% of employees globally are “quiet quitting” , while 75% are considering leaving their jobs due to disengagement. Understanding retention rates enables companies to develop targeted strategies to retain top talents, thereby enhancing overall organizational performance.

Employee Retention 227

Employee Retention Salary Utilities Technology 227

Best Money Moves

FEBRUARY 5, 2025

Replacing a frontline employee can cost up to 40% of their total salary and replacing a leader costs up to 200%, according to the same Gallup data. and 8 million job openings as of September 2024, according to Forbes data. Employee turnover is a complex issue with far-reaching consequences. There were only 6.8

Employee Retention 102

Employee Retention Retirement Plan Employee Loyalty Banking 102

Workplace Insight

JANUARY 27, 2025

If you want to provide great employee benefits but are constrained by budget, there are some company perks that not only keep your employees happy, but can also provide serious value for money. These schemes allow employees to exchange part of their salary for non-cash benefits. And the best part?

Employee Benefits 52

Employee Benefits Pension Take Home Pay Salary 52

Business Management Daily

JANUARY 7, 2025

The gap between promise and reality You need to provide a positive employee experience to retain your top talent. That statement is more accurate today than ever, as high salaries are no longer the #1 motivating factor for employees, especially younger ones. This means offering remote work and hybrid work schedules.

Management 52

Management Salary Software Human Resources 52

Empuls

DECEMBER 19, 2024

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention.   According to the IRF 2024 Trends Report , incentive ideas are not just perks but powerful tools for attracting and retaining top talent in today’s tight job market.

Employee Incentives 40

Employee Incentives Bonuses Commissions Benefits Package 40

HR Digest

FEBRUARY 22, 2025

A Human Resources Information System is a software platform that collects, stores, manages, and processes employee data, turning HR from a paper-choked waste-room into a digital artist. At its simplest, an HRIS tracks names, addresses, job titles, and salaries, but dont be fooled by its rolodex-like modesty. revenue growth and 4.2%

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Human Resources Payroll Software Overtime 52