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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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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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. Most of the above items are standard offerings.

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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 Lineup

JUNE 14, 2024

Resources: Provide all necessary resources, such as access to tools, systems, and information, to enable new employees to perform their duties effectively. Recognition and Rewards: Implement recognition programs to acknowledge and reward employees’ contributions and achievements.

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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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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

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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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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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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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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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. Anytime employee morale appears to be dipping. When to conduct stay interviews.

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WEX Inc.

MAY 24, 2023

Employers should make a concerted effort to simplify the language used in communications to ensure employees can easily understand their options and make informed decisions. Increase communication One main reason why employees don’t understand their benefits is a lack of communication from their employers.

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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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Achievers

JANUARY 22, 2023

The future of employee development is a holistic view of self-improvement where organizations and leaders help individuals achieve new goals and develop new skills beyond their day-to-day tasks, specifically including improving personal wellbeing. Answer Employees want to feel heard. How is the concept of development evolving?

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Insperity

NOVEMBER 16, 2015

Offering an employee assistance program (EAP) is one of them. An EAP is a counseling and consultation service that usually provides confidential support, customized resources and referrals, along with practical information on many work and home-life topics. EAP Benefits. Greater employee retention. What is an EAP?

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Empuls

APRIL 25, 2024

Employee retention is crucial in this competitive market. Did you know how PepsiCo energizes and retains its employees?   Employee retention refers to an organization's ability to keep its valuable employees. When employees leave, it's costly.

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Insperity

JANUARY 11, 2022

As this happens, there will be increasingly less expectation that employees stay with companies long term. To confirm that your company offers a competitive compensation and benefits package, continuously review your compensation strategy. And, as the saying goes, employees leave managers, not jobs. Remember the basics.

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Qandle

JULY 17, 2024

Key HR Challenges in 2024 Embracing Technological Advancements Technology continues to reshape the HR landscape, offering new tools and solutions for recruitment, performance management, and employee engagement. Offer competitive salaries and benefits packages to attract top talent. Make your HR Software fun and easy!

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Empuls

MAY 29, 2023

Poor financial status of employees has given rise to a lack of productivity in the workforce and has been one of the major reasons for lower employee retention. Most of the time, the financial stress and mental pressure results in distractions and employees aren’t motivated enough to give their best.

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cipHR

JUNE 4, 2020

Accurate, digital total reward statements can help boost benefits opt-ins, and improve employee retention. Too often, employees think of their reward package in terms of their pay – overlooking the other benefits and financial contributions that their employers make on their behalf.

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Best Money Moves

AUGUST 18, 2021

Meanwhile, older employees will have greater concerns about retirement. . Multigenerational workforces pose a unique challenge for employers and HR teams: How do you build a benefits package that’s equally attractive to all members of your workforce, when your team members are at radically different stages of their lives?

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Qandle

AUGUST 22, 2024

These systems simplify the enrollment process, track eligibility, and facilitate communication between employers and employees. With features like automated updates and compliance management, our solutions ensure that organizations can offer competitive benefits packages while minimizing administrative burdens.

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Business Management Daily

APRIL 25, 2023

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Why has finding and holding onto talented employees become so complicated?

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Business Management Daily

MAY 17, 2021

When current and future employees examine a company’s benefits package, they typically expect to see employer-sponsored health insurance among the offerings. Comprehensive, affordable options encourage employee retention. Likewise, attractive plans become a selling point when interviewing job candidates.

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Business Management Daily

SEPTEMBER 29, 2021

For employers, it presents an annual reminder to check up on their benefits offerings and potentially add on new benefits or coverage options to remain competitive for recruiting and employee retention purposes. Typically it is around 2-6 weeks long. How much time you need can depend on the size of your company.

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Empuls

OCTOBER 9, 2023

As per research by National Center for Biotechnology Information , Replacing a single nurse, for instance, can cost hospitals between $40,000 and $64,000, considering recruitment, training, and the temporary productivity dip as new hires get up to speed. Improve healthcare employees retention with Xoxoday Empuls.

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Higginbotham

AUGUST 12, 2022

However, there are solutions that can help you attract quality workers and support your employee retention goals. As employers look for strategies to get their turnover under control, it’s important to understand the link between benefits and retention. What are the benefits of employee retention?

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Hppy

FEBRUARY 26, 2024

Many businesses , industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. Travel insurance is also essential if employees are required to travel for their work.

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Insperity

JUNE 9, 2020

There’s a reason why employee assistance programs (EAPs) have become such a popular part of benefits packages for employers and employees alike. According to the Society of Human Resource Management (SHRM) 2019 Employee Benefits Survey , 79 percent of employers reported offering an EAP.).

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Empuls

AUGUST 28, 2024

The Results Looking back at the survey results, working with HubSpot, the changes had been strategic, introducing new forms of communication, individual development programs, and an even better benefits pack. Employee feedback is the linchpin of any successful engagement strategy. Ensure anonymity Anonymity is key for honest feedback.

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Insperity

MARCH 19, 2024

Remind them of the long-term benefits associated with early talent programs. Momentum Be sure to communicate and share information regularly with internal and external partners so they maintain awareness of current activities and progress toward goals – and don’t forget or lose interest.

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Best Money Moves

AUGUST 18, 2021

Meanwhile, older employees will have greater concerns about retirement. . Multigenerational workforces pose a unique challenge for employers and HR teams: How do you build a benefits package that’s equally attractive to all members of your workforce, when your team members are at radically different stages of their lives?

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Insperity

MARCH 5, 2019

Many forward-thinking organizations impose minimum time off for their employees to curb burnout, while improving productivity, quality of work and employee retention. For instance, a company may require that all employees take off at least one week, or five consecutive work days. Fosters a safe workplace.

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Best Money Moves

APRIL 10, 2018

Everyone knows that a competitive benefits package includes much more than just financial wellness and a good salary. And, an exceptional benefits package may even counteract a high salary expectation. Piecing together your exceptional benefits package doesn’t need to be difficult.

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