article thumbnail

Understanding employee turnover rates

Achievers

In this article, you’ll learn the common reasons for high employee turnover, how to develop an effective formula to measure it, and actionable strategies to mitigate it. By analyzing turnover rates, organizations can proactively address underlying issues and improve employee satisfaction and retention for the long term.

Retail 172
article thumbnail

Best Global Benefits Services

HR Lineup

In this article, we will discuss the best global benefits services in employment. AXA AXA is a leading global insurance provider that offers a range of services to employers and individuals around the world. This is where global benefits services come in. What are Global Benefits Services?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial Shocks: What You Need to Know

Money Talk

unemployment, SNAP, life insurance beneficiary payout) ¨ Earn additional income (e.g., I was happy to contribute to content of this recent NerdWallet article about ways to recover from an financial shock. ¨ Marketable job skills (e.g., certifications, degrees, and work experience) ¨ Strong social capital (e.g.,

article thumbnail

Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

This article unpacks the fringe benefits definition, explores their types and examples, and offers a clear overviewincluding tax implications and practical guidance for employers navigating the IRS fringe benefits guide. Partially Taxable: Group-term life insurance over $50,000, for instance, has a taxable portion based on IRS tables.

401(k) 72
article thumbnail

Are Extended Warranties Worth the Cost? It Depends

Money Talk

Like term life insurance, it is a form of insurance for “big ticket" purchases. For additional information about extended warranties, review the Consumer Reports article , “Why You Should Steer Clear of Extended Warranties.”. An extended warranty (a.k.a., Many “big ticket” purchases (e.g.,

IT 135
article thumbnail

Top 7 Employee Benefits and Incentives

Employee Benefits

This article will delve into the most sought-after employee perks that today’s workforce is demanding, and the potential costs associated with them. Private Healthcare Given the increasing strain on the NHS, offering private health insurance to employees is bound to win favour.

article thumbnail

3 Ways to Improve Your Employee Benefits Communication

Best Money Moves

Overly complex benefits intimidate employees : Important benefits such as private health care, retirement or life insurance often feel too complex for employees to tackle. A 2021 study from Bend Financial found that 56% of Americans admitted to feeling “completely lost” when trying to understand how their health insurance worked.