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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

And in many cases, it’s benefits offerings that seal the deal. 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.

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3 powerful ways to improve your employee retention rate

Achievers

Here are 3 practical ways to start: Offer a generous and unique benefit package. Competitive wages will always be an important factor in retaining high-quality employees. In today’s employment market, individuals are also placing a high value on the benefits an employer offers.

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How to Improve Employee Satisfaction with Workplace Bonding?

HR Lineup

Implement Employee Recognition Programs Recognizing and appreciating employees’ efforts is essential for building a positive work environment and strengthening employee satisfaction.

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6 steps to designing a great employee benefits program

Achievers

What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Depending on the type of benefits your organization offers, it may be worthwhile to cast them in the framework of total compensation.

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How to be an employer of choice – even in uncertain times

Insperity

This can look like: Using well-known carriers for the health insurance options you sponsor Contributing to a health savings account or flexible spending account for employees Offering an employee assistance program (EAP) Matching a percentage of employee retirement plan contributions.

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How HR Professionals Attract Top Talent

eni

Participate in Industry Events: Competitive compensation and benefits packages are critical in attracting top talent. HR professionals can ensure their offerings are attractive by: Conducting regular market research to understand industry salary standards and benefits trends.

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Developing a Robust Plan for Retaining Top Talent in Your Organization

Qandle

Key Components of a Talent Retention Strategy Now, let’s delve into some effective strategies and best practices to build a robust talent retention program: Offer Competitive Compensation and Benefits Compensation serves as a cornerstone for employee satisfaction and retention.