Vantage Circle

MARCH 16, 2018

Employee Recognition is the acknowledgement of an individual or team for their hard work, efforts, and accomplishments in the organization. Employee Recognition is paramount in the workplace. How important do you think it is to build a workplace recognition culture? Millennials and Employee Recognition.

Employee Recognition 52

Employee Recognition IT Media Pay Raise 52

Achievers

NOVEMBER 3, 2020

In the study, employees report that recognition is more effective at increasing their engagement, performance, and innovation than an additional bonus of five percent of their salary. Here at Achievers , we focus on the power of employee recognition. Do you have any thoughts on this article?

IT 267

IT Employee Recognition Entertainment Bonuses 267

Achievers

JANUARY 26, 2021

Here are five helpful questions to ask yourself in order to avoid (or at least minimize) the number of times you’ll face employee turnover. . Do your employees feel engaged? . When Gallup investigated the factors that make someone decide to quit their job, they found that salary is important — but only up to a point.

Salary 314

Salary Employee Recognition Software Recruitment 314

Achievers

JANUARY 19, 2021

According to Gallup , 51 percent of employees are considering a new job – which means that they’re not fully engaged in their current position; and as reported by the Center for American Progress , once an employee leaves, it can cost a company anywhere between 16 percent to 213 percent of that lost employee’s salary.

Employee Recognition 322

Employee Recognition Salary Management Employment 322

Achievers

JANUARY 7, 2020

Companies spend thousands of hours crunching numbers, running reports, assessing cost of living, and determining what salaries are required to win the necessary talent they need for the future. Does compensation align your employees to your company’s mission and values? To do this, you have to create a culture of recognition.

IT 140

IT PTO Salary Employee Recognition 140

Vantage Circle

MARCH 16, 2018

Employee Recognition is the acknowledgement of an individual or team for their hard work, efforts, and accomplishments in the organization. Employee Recognition is paramount in the workplace. How important do you think it is to build a workplace recognition culture? Millennials and Employee Recognition.

Employee Recognition 40

Employee Recognition IT Media Pay Raise 40

Achievers

MAY 14, 2019

The areas below, however, are employee benefits you should never remove from the budget if you want to maintain employee dedication and satisfaction in the midst of financial constraints. Don’t cut back on employee recognition. Employees desire more recognition for their hard work. Share your comments below.

Employee Benefits 137

Employee Benefits Health Insurance Employee Recognition Insurance 137

Vantage Circle

JULY 25, 2024

Employee recognition programs have become increasingly common. For most of them, recognition flows downward, meaning leaders are the only ones who show appreciation. On the other hand, peer-to-peer recognition involves employees acknowledging and appreciating each other's contributions and achievements within the workplace.

Construction 77

Construction Employee Recognition Employee Retention Recruitment 77

Vantage Circle

MARCH 16, 2018

Employee Recognition is nothing but the acknowledgment of an individual or team for their hard work, efforts, and accomplishments that go with the organization’s goals and values. But most often than not employees feel they are not valued in their organization and they don’t receive their due recognition.

Employee Recognition 40

Employee Recognition IT Media Pay Raise 40

HR Digest

APRIL 13, 2023

In this article, we explore the importance of managing employee compensation and benefits and offer some tips on how organizations can promote pay equity effectively. What is employee compensation? Compensation is the total amount of pay and benefits that an employee receives in exchange for their work.

Employee Compensation 64

Employee Compensation Retirement Plan Profit Sharing Plan Commissions 64

Achievers

JANUARY 12, 2021

According to Human Resources Today, that translates to $19 billion in costs related to hiring and training new employees. The highest turnover rates are for hourly employees: 65% of them will leave their jobs for greener pastures, and it costs a full 16% of their annual salary to replace them. . Share your comments below.

Retail 124

Retail Employee Retention Employee Recognition Food 124

HR Digest

AUGUST 5, 2023

In today’s competitive business landscape, companies are realizing that the success of their organization is directly tied to the happiness and satisfaction of their employees. A positive employee experience not only boosts morale and productivity but also contributes to a strong company culture and attracts top talent.

Financial Compensation 98

Financial Compensation Health Employee Recognition Salary 98

Achievers

OCTOBER 25, 2016

Most of your company’s expenses are unavoidable, but employee attrition is one of the costs that you can have significant control over. Employee attrition can cost six to nine months’ worth of the departing worker’s salary, so it’s in your best interests to find ways to address employee attrition head-on.

Employee Recognition 177

Employee Recognition Employee Retention Hospitality Banking 177

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? For example, suppose an employee survey indicates that dental is a highly-requested benefit that the company doesn’t provide.

Employee Retention 97

Employee Retention IT Employee Recognition Hospitality 97

Qandle

JUNE 25, 2024

Continuously benchmark against market standards to ensure that your salary and benefits packages remain competitive. Example: XYZ Company conducts annual salary benchmarking to ensure its compensation packages are aligned with industry standards. Learn how Qandle HR Software can help you automate HR Software & stay 100% compliant!

Employee Retention 82

Employee Retention Software Benefits Package Salary 82

Vantage Circle

JULY 9, 2024

This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment. According to Gallup , the cost of replacing an employee can be up to 200% of their annual salary.

Employee Retention 89

Employee Retention Bonuses Recruitment Salary 89

HR Lineup

JUNE 21, 2023

One effective way to foster employee satisfaction is by encouraging workplace bonding. When employees feel a sense of belonging and connection, they are more likely to be motivated, collaborative, and loyal. In this article, we will explore practical strategies to enhance employee satisfaction through workplace bonding.

Employee Recognition 80

Employee Recognition Retirement Plan Health Insurance Benefits Package 80

Achievers

JUNE 4, 2019

Businesses with highly engaged workers have 70 percent fewer accidents than companies with poor employee engagement. Employee engagement goes beyond salary compensation. If employee engagement is so crucial, how do you nurture it? ” Do you have any thoughts on this article? Share your comments below.

Pay Raise 157

Pay Raise Employee Recognition Employee Loyalty Medical 157

HR Lineup

MAY 10, 2024

In this article, we delve into the top strategies for reducing employee turnover in 2024, offering insights and actionable steps for employers to enhance retention efforts. Offer Competitive Compensation: Benchmark salaries against industry standards and adjust compensation packages accordingly to attract and retain top talent.

Benefits Package 85

Benefits Package Flexible Spending Account Employee Retention Flexible Spending 85

HR Digest

APRIL 20, 2023

To address this challenge, employers must create a workplace environment that values its employees and invests in their personal and professional growth by looking at ways to decrease turnover rates. In this article, we’ll explore some innovative and effective employee retention techniques.

Employee Retention 59

Employee Retention Benefits Package Employee Recognition Retirement Plan 59

eni

JULY 31, 2024

HR professionals can ensure their offerings are attractive by: Conducting regular market research to understand industry salary standards and benefits trends. Customizing benefits packages to cater to the diverse needs of employees, such as health insurance, retirement plans, paid time off, and flexible work arrangements.

Benefits Package 52

Benefits Package Retirement Plan Media Health Insurance 52

Vantage Circle

AUGUST 2, 2023

Employees are the fuel to any organization, and when their needs are met, they perform better and stay engaged and happier in their jobs. What are Employee Perks? Employee perks refer to additional benefits, incentives, or advantages provided by an employer to their employees, beyond the basic salary and standard benefits.

Parental Leave 64

Parental Leave Health Insurance Transportation Bonuses 64

Achievers

DECEMBER 16, 2019

For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. And for 75 percent, a good benefits package would make them take one job over another,” says a recent employee health benefits survey by QuickBooks Payroll. Do you have any thoughts on this article?

Employee Benefits 285

Employee Benefits 401(k) PTO Benefits Package 285

Achievers

JANUARY 10, 2019

And it doesn’t just stop there, clients and patients will feel the disengagement from your employees as well. This reminds me of a Harvard Business Review article titled, “ Reminder: Customers Care How You Treat Your Employee.”. What is your favorite employee recognition moment at Bayhealth Medical Center?

Medical 92

Medical Employee Recognition Hospitality Healthcare 92

Achievers

FEBRUARY 8, 2018

If you don’t have already have an employee engagement strategy, get one. Even Fortune 500s compete with the gig economy, which trades the traditional work perks of a guaranteed salary and benefits for freedom, flexibility and creativity. Do you have any thoughts on this article? 2018 survey. . . Share your comments below.

Employee Recognition 128

Employee Recognition Banking Technology Software 128

Achievers

JANUARY 24, 2017

To help you celebrate in style, we shared a list of fun ideas to help spread employee appreciation across your entire organization – including how to enhance wellness perks and boost employee recognition. Read more > 4 Ideas For Celebrating Employee Anniversaries. to our readers.

Employee Recognition 106

Employee Recognition Employee Retention Media Recruitment 106

Vantage Circle

OCTOBER 10, 2019

Great companies know that the more the amount of gratitude in it, the greater the level of employee engagement. An astounding 84 percent of HR leaders in organizations with a current employee recognition program reported that it helps with employee engagement. employee engagement ( 84% ). According to an O.C

Employee Recognition 45

Employee Recognition Employee Retention Salary Engineering 45

Achievers

FEBRUARY 8, 2018

If you don’t have already have an employee engagement strategy, get one. Even Fortune 500s compete with the gig economy, which trades the traditional work perks of a guaranteed salary and benefits for freedom, flexibility and creativity. Do you have any thoughts on this article? 2018 survey. . . Share your comments below.

Employee Recognition 118

Employee Recognition Banking Technology Software 118

Vantage Circle

AUGUST 1, 2024

This document does not serve as an official legal or tax opinion; rather, it presents Vantage Circle's interpretation of the current tax laws about the industry of employee recognition and tenure initiatives. Employee Service Awards Policies: Award must be given in a meaningful presentation without disguising compensation.

Deductions 52

Deductions Deductible Taxes Bonuses 52

Achievers

MARCH 20, 2018

Did you know that the costs of employee turnover can range from 30 percent to 150 percent of the employee’s salary? Many employees leave their jobs when they are disengaged. Get started with Achievers’ infographic on 6 Stats That Speak to Employee Retention. . . Do you have any thoughts on this article?

Human Resources 155

Human Resources Technology Recruitment Employee Retention 155

Achievers

FEBRUARY 12, 2018

Traditionally, a six-figure salary and 401k options were enough to attract and retain top talent. While these benefits are still important to employees, they’re not prioritized like they once were. Today, employees are more focused on finding a company that has a positive, strong company culture revolved around learning and growth.

401(k) 117

401(k) Employee Recognition Salary Education 117

Vantage Circle

JUNE 13, 2023

Spot bonuses are one-time cash rewards given to employees who have performed exceptionally well. These bonuses are typically not part of an employee’s regular salary or compensation package.Rather, awarded on a “spot” or an ad hoc basis. Spot Bonus- What is it?

Bonuses 93

Bonuses Employee Recognition Human Resources Finance 93

Vantage Circle

JULY 23, 2020

Financial rewards work by positively contributing to the overall employees' financial wellbeing. It includes bonuses, salary raises, etc. Non-financial types of rewards do not provide any financial gain to the employee. Instead, it focuses on appreciating employees through employee benefits.

Bonuses 64

Bonuses Commissions Banking Employee Recognition 64

Achievers

FEBRUARY 12, 2018

Traditionally, a six-figure salary and 401k options were enough to attract and retain top talent. While these benefits are still important to employees, they’re not prioritized like they once were. Today, employees are more focused on finding a company that has a positive, strong company culture revolved around learning and growth.

401(k) 92

401(k) Employee Recognition Salary Education 92

Vantage Circle

AUGUST 16, 2021

To ensure a comfortable retirement, more businesses are exploring new ways to offer incentives for employees to save for retirement. Employers use dearness allowance to raise the salaries of their employees. Earlier, the cost of living wasn't a consideration for employers when determining employee compensation.

Employee Incentives 52

Employee Incentives Bonuses 401(k) Retirement Plan 52

Higginbotham

MAY 3, 2024

Disengaged employees may contribute to absenteeism, turnover and workplace conflict, undermining efforts to foster a positive culture and achieve business objectives. So, how do some organizations achieve high employee engagement while others find their business objectives undermined by “quiet quitting” and overall disinterest?

Retirement Plan 52

Retirement Plan Retail Parental Leave Recruitment 52

Vantage Circle

OCTOBER 17, 2022

But, believe it or not, engaging your employees is not the mammoth task that it is made out to be. In this article, I'll take you through some easy but effective strategies to help small business owners enhance their employee engagement levels. 9 Employee Engagement Strategies That Small Business Owners Can Use.

Employee Recognition 84

Employee Recognition Recruitment Pay Raise Employee Loyalty 84