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Formatting Your Benefits Packages to Attract More Talent

Hppy

This is where having a well-structured benefits package can be invaluable for businesses. By focusing on providing offerings that provide a wide range of employee perks, it can be much easier to attract and retain more talent. You’ll also want to consider the demographics of the employees you’re likely to attract.

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Do total reward statements still engage employees with their benefits packages?

Employee Benefits

Credit: Julia Sudnitskaya / Shuuterstock.com A total reward statement provides an overview of an employment package and its value. Offering choice regarding how a total reward statement is delivered to an employee is key to ensuring effective engagement. appeared first on Employee Benefits.

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Get the best results from your benefit budget conversations

WEX Inc.

But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. That’s because benefits are critical for attracting and retaining talent. The impact cutting a benefits budget would have Why do you come into work?

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How to contain employee benefits costs (and why most businesses struggle)

Insperity

That presents business leaders an ever-present challenge: how to contain the cost of employee benefits. Why benefits costs keep rising – and are more challenging for small- to mid-sized businesses to control. Wondering how to contain the cost of employee benefits? Time and resources.

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EXCLUSIVE: First hybrid working category launches at Employee Benefits Awards 2023

Employee Benefits

EXCLUSIVE: Employers which have offered effective benefits packages to support employees with hybrid working are, for the first time, in with a chance of winning an accolade at the Employee Benefits Awards 2023. The final deadline for entries is Friday 10 February.

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HR as the key to unlocking business success

Insperity

Then determine where your company is at this moment and what you are currently doing, so you can compare your goals with the present reality and identify gaps. Do you meet regularly with employees to discuss their performance and any gaps that persist between their performance and company needs?

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How to Wow the C-Suite as an HR Professional?

Achievers

They have their own set of concerns, and if you really want to impress them, you have to present your ideas in a way that they not only understand but also grasp the value of. . A recent study estimates that it costs 33 percent of an employee’s salary to replace them if they leave your company. What the C-suite really wants .