Vantage Circle

FEBRUARY 3, 2025

Interestingly, employee retention works a lot like that puzzle. Each of your employees is a crucial part, contributing to your organization’s big picture. In this blog, we’ll discuss the five main drivers of employee retention. Some of your employees may value extra vacation days.

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Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. So, helping your employees tackle their stress can keep your retention up — and battling financial stress specifically is key. .

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Employee Benefit News

OCTOBER 2, 2024

Core components of an effective benefits package include meaningful health and wellness programs, work-life balance initiatives and professional development.

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WEX Inc.

JULY 30, 2024

ROI of the investment Comparison of current benefit packages with your competitors The benefit budget conversation When the benefit budget conversation here, give the information you prepared and make the argument on why benefits cannot be reduced.

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Employee Benefits

FEBRUARY 26, 2024

Employee retention is an ongoing theme for employers and HR professionals, and for good reason. It’s more cost-effective to invest in employee retention strategies than it is to attract, onboard and train new starts. Are you at high risk of high employee turnover? Creating an enviable company culture Values matter.

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Insperity

OCTOBER 17, 2023

It’s the question employers are constantly asking: How do I get my employees to stay for the long term ? But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? There are lots of tips out there for guiding managers in retaining their direct reports.

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HR Digest

DECEMBER 2, 2023

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

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Business Management Daily

DECEMBER 6, 2021

Employee retention is a major challenge for employers at this time. Employees largely put off changing jobs during the pandemic due to the level of instability in the labor market. To combat turnover, it’s time to take a more active approach in retaining employees and boosting engagement. Allow telecommuting.

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HR Digest

MARCH 12, 2025

Well-designed benefits package boost morale, productivity, and retention. A 2024 Deloitte study found companies with robust benefits packages saw 25% lower attrition rates. For employees, these extras translate to financial stability and a sense of being valued beyond their output.

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HR Lineup

AUGUST 7, 2023

Factors such as good relationships with colleagues, a fair and transparent organizational culture, and opportunities for growth and development can all influence an employee’s level of satisfaction. Compensation and Benefits: Fair and competitive pay, along with attractive benefits packages, can enhance job satisfaction.

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PeopleKeep

JANUARY 26, 2022

Companies looking to stabilize their business are looking for ways to increase their employee retention. One method is to introduce new additions to your benefits packages in response to the tight labor market. According to the Society for Human Resource Management, throughout 2021, an average of 3.9

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HR Lineup

JANUARY 17, 2024

Compensation and Benefits: Competitive compensation and attractive benefits packages play a pivotal role in retaining employees. If employees perceive that their compensation is not commensurate with their skills and contributions, they may seek opportunities elsewhere.

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HR Digest

APRIL 20, 2023

Employee retention strategies are vital to the success of any organization. High employee turnover can be highly disruptive to any business. In this article, we’ll explore some innovative and effective employee retention techniques. Employees value the ability to work from home or have flexible work hours.

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PeopleKeep

JANUARY 5, 2021

Whether discussing job duties, explaining HR policies, or outlining a benefits package, it’s important that there’s a clear line of communication between employers and employees. Open communication encourages higher quality work, understanding of important policies, and a relationship of trust between employers and employees.

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Business Management Daily

FEBRUARY 7, 2020

The bad news is that as unemployment rates fall, employee retention rates see the opposite trend. As a company leader, you’ve likely experienced difficulties with keeping your average retention rate as low as you’d like. Employee compensation and benefits. Let’s start with the most obvious option. Offer perks.

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HR Lineup

JUNE 14, 2024

Recognition and Rewards: Implement recognition programs to acknowledge and reward employees’ contributions and achievements. Compensation and Benefits: Offer competitive salaries and benefits packages, including health insurance, retirement plans, and flexible working arrangements.

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HR Lineup

JULY 19, 2022

Other candidates want to work with you when you have comprehensive inclusion policies for LGBTQ+ employees. It reduces turnover rates and promotes high employee retention. Offer LGBTQ+ Benefits. Employee benefits packages should be distributed fairly to all employees by you.

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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?

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Achievers

DECEMBER 22, 2016

Providing a competitive compensation and benefits package is important, but in today’s market, retention also requires making new hires feel engaged, aligned and connected from Day 1. Do you think of employee recognition as something only for employees who have been with the company for some time?

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Business Management Daily

AUGUST 12, 2024

Some companies also offer perks like a dog-friendly office as part of their employee value proposition. How to develop a strong employee value proposition Discover strategies for building an effective EVP for your business. Offering competitive starting salaries will help with talent acquisition efforts.

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Benefit Resource Inc.

JANUARY 16, 2024

An excellent benefits package is one important component that is vital to this effort. The Significance of a Well-Designed Benefits Package: A well-designed benefits package goes above and above to establish a work environment that fosters financial security and well-being.

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Abel HR

JANUARY 7, 2021

In this article, we’ll discuss what is employee retention and why it’s important to any venture, big or small. We’ll also tackle a few ways to retain employees in your organization better. What Is Employee Retention? Before anything else, let’s clarify this – what is employee retention?

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Empuls

MAY 8, 2023

However, they might not really be what your employees want. On the flip side, personalized benefit packages fully rely on the inputs, painpoints and needs of your potential workers or existing employees. When your employees are loyal, they tend to put in their best in executing whatever task is assigned to them.

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Take It Personel-ly

DECEMBER 21, 2022

Competitive companies are constantly looking to gain the upper hand and retain exceptional employees. There are many examples of big and extravagant benefits packages, but the little touches can make a difference. Attention to detail matters in work projects and employee job satisfaction.

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Empuls

AUGUST 27, 2024

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. adults, job seekers indeed value benefits while considering opportunities. adults, job seekers indeed value benefits while considering opportunities. Types of benefits  1.

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Vantage Circle

JANUARY 10, 2024

Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics. So, businesses use these metrics to determine if there are problems and help them make smart choices to keep their employees happy and working there for longer. Why Employee Retention Metrics Matter?

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BerniePortal

SEPTEMBER 29, 2021

As employers prepare for open enrollment and begin planning recruitment strategies, it is crucial for teams to recognize how they can best maximize their health plan and benefits packages. Discover how small to mid-sized organizations can boost employee retention with this approach.

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Hppy

DECEMBER 17, 2020

In this article we explore different ways to help build a successful employee retention strategy. Why care about employee retention? Focusing on how to increase employee retention will allow your business to keep high calibre and motivated employees. Have a generous benefits package.

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PeopleStrategy

APRIL 8, 2024

Encouraging Employees to Stay…Without Breaking the Bank While you’re working with the employees to learn what they want, don’t forget additional benefits. Sure, competitive salaries and lavish perks are attractive, not all organizations have the budget to offer extravagant benefits packages.

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Achievers

FEBRUARY 9, 2017

Culture has become one of the most important things a company can focus on, and providing employees with autonomy, flexibility, and the chance to make an impact, are the new differentiators for attracting talent. Benefits packages are still important, but in 2017, they will become secondary to positive employee culture.

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Higginbotham

JANUARY 8, 2025

Benefits like mental health resources , stress management programs and more can help employees maintain their emotional health while navigating their caregiving roles. How Employers Can Help Support Caregivers By helping to support employees with caregiving responsibilities, employers may be able to improve employee retention rates.

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Take It Personel-ly

APRIL 24, 2017

They want things out of their benefits package that previous generations didn’t demand. And if you want to be able to attract and retain millennials, you’ll have to design a plan that fits … Continue reading 9 Tips for Designing a Benefits Plan for Millennials.

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Best Money Moves

SEPTEMBER 15, 2021

The Society for Human Resource Management (SHRM) estimates that the average replacement cost of a salaried employee is six to nine months’ salary. That means that an employee earning $60,000 per year costs around $30,000 to $45,000 to replace. . So, how can you increase employee retention?

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Qandle

JUNE 25, 2024

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.

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Best Money Moves

NOVEMBER 3, 2021

Additionally, 75% of American employees say they have struggled with anxiety caused by COVID-19 and other world events while working from home. Here are 4 of the top employee benefits trends to keep in mind for 2022. Employers are trying to combat this in 2022 by shifting to personalized benefits.

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Business Management Daily

DECEMBER 21, 2021

A stay interview is typically conducted by the employee’s direct manager and acts as an opportunity to collect feedback on matters that would impact employee retention. Consider what factors may change the employee experience for them. When to conduct stay interviews.

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Empuls

DECEMBER 24, 2024

The evidence strongly supports that staff benefits are not merely perks but essential components of a successful employee engagement strategy. Companies that prioritize comprehensive and well-communicated benefit packages will likely see enhanced job satisfaction, reduced turnover, and improved productivity among their workforce. 

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