Vantage Circle

JULY 9, 2024

Have you ever wondered why employees keep leaving despite the company’s best efforts to retain them? This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment.

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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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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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Take It Personel-ly

DECEMBER 16, 2020

It’s that time of year again when office workers everywhere put on their ugliest sweaters and gather around for Christmas parties with coworkers, eggnog in the conference room and that highly anticipated bonus check. However, the most valuable members of your team deserve something more personal in addition to their annual holiday bonus.

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Business Management Daily

AUGUST 13, 2024

In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages. This is how employers’ trap’ top-performing employees into staying at their organizations, which is why the term ‘golden handcuffs’ is used.

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Qandle

DECEMBER 11, 2024

While it might be easy to dismiss these departures as mere dissatisfaction, the reality is that many good employees leave their jobs for a variety of nuanced reasons. Understanding the Impact of Career Stagnation When employees feel that they have reached a dead end in their careers, it can lead to frustration and disengagement.

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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. Here is a list of the most effective employee retention strategies to help you create a workplace that your employees won’t want to leave.

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Best Money Moves

JUNE 8, 2021

4 benefits to help boost post-COVID employee retention. An employee mass-exodus could be coming to the post-COVID workforce. The mass employee exodus is due in no small part to a changing work landscape and increased employee burnout as a result of the COVID-19 pandemic. What can employers do to keep top talent? .

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Achievers

MARCH 6, 2020

Real motivation and employee retention are rooted in recognition. Unfortunately, a lack of recognition is the third most common reason employees leave their employers. When done correctly, employee recognition can be one of the most effective ways to boost the employee experience and appreciate employees.

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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? Specifically, HR personnel can: Communicate transparently with employees. As it turns out, you can.

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HR Bartender

MARCH 5, 2019

Here’s an overview of the four analytics levels and how it could be applied to address a challenge many organizations face: employee turnover. Using our turnover and employee retention situation, the organization might decide to focus on stay interviews. Every organization has a problem they want to solve.

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Empuls

JANUARY 14, 2022

The changing pace has left even the best organizations with no choice but to rethink their employee acquisition and retention strategies. The changing pace has left even the best organizations with no choice but to rethink their employee acquisition and retention strategies. What exactly is employee turnover?

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Hppy

SEPTEMBER 15, 2020

This is why job satisfaction and employee retention need to be high on the list of priorities for every business – regardless of size or industry. Along with making employee retention a priority, you must also create and follow retention strategies to help reduce turnover. Onboarding and New Employee Orientation.

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15Five

JANUARY 16, 2024

Here’s a treasure trove of stats on employee retention in 2024. Despite countless advice columns and coaches claiming that employees should switch jobs every few years to maximize their income, most employees stay an average of four years with their employer. Source 57% of employees leave because they feel disrespected.

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HR Lineup

APRIL 23, 2024

With the rise of the gig economy and short-term contracts, employees may seek new opportunities outside their current organization, only to find that the grass isn’t always greener on the other side. Additionally, companies may offer signing bonuses or retention bonuses to entice returning employees.

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Take It Personel-ly

NOVEMBER 9, 2020

It might be more important than ever with recent events cutting into the bonuses your employees likely expect. You wouldn’t have a business without your workforce. So what can you do to make your staff feel appreciated for the holidays? With that in mind, here are five points to remember to show your workers how […].

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Insperity

FEBRUARY 24, 2015

It can be a detrimental setback when your top employees leave. Some companies are offering unhappy employees a “pay-to-quit” bonus. This is based on the philosophy that employees’ happiness is correlated to the success of the company. Your employees are human. No one said break-ups were easy.

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HR Digest

DECEMBER 12, 2018

As the festive holidays unfold, the issue of Christmas bonuses becomes a subject that confuses most people. Both employers and employees are usually confused on the subject and begin to sort out whether the employers are to pay a Christmas bonus or not. It could also represent a lucrative incentive for employee retention.

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Achievers

JANUARY 27, 2016

As a manager, you’re aware that it’s important to give employees everyday recognition, praise, and feedback. Greater employee retention: As HR.com points out, this isn’t rocket science – employees who are recognized are more likely to be engaged, and engaged employees equal higher retention rates.

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HR Lineup

MAY 17, 2022

You see, the 2020 COVID-19 was an eye-opener for employees since they felt overworked. Simply put, employees are looking for new work environments where they feel valued, supported with the right tools, have a healthy work-life balance, and more. So, how do you retain employees during the great resignation?

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HR Lineup

AUGUST 7, 2023

It refers to the level of contentment and positive emotions an employee experiences in their job role. When employees are satisfied with their work, they tend to be more engaged, motivated, and committed, which ultimately leads to improved performance and reduced turnover rates for organizations. Types of Job Satisfaction 1.

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Achievers

MAY 10, 2024

Tangible rewards are most common in the form of financial incentives, such as salary or bonuses, while recognition, praise, and promotion are examples of intangible rewards. Financial rewards and bonuses can help employees feel valued for the work they do and are effective in driving short-term goals and performance.

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Achievers

JUNE 16, 2020

Surprisingly, Brandon Hall Group’s survey found that only one quarter of companies offer frequent recognition to their employees. Using R&R technology makes employees 36 percent more likely than non-tech users to rate their employer brand highly, according to the research survey. Healthier retention.

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HR Lineup

MARCH 7, 2022

This article takes you through the meaning of employee recognition and why you need to include it in your company’s culture to transform your workers and business’ bottom line. What Do You Mean by Employee Recognition? Employee recognition is whereby an employer acknowledges their workers’ efforts towards achieving set business goals.

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HR Lineup

APRIL 28, 2022

Below, we discuss how to empower employees to make decisions that positively impact your business and maximize productivity. Following this guideline will easily help you achieve your business goals and increase employee retention rates. . Importance of Empowering Employees. Build a Solid Culture Based on Trust.

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Achievers

AUGUST 4, 2022

Salaries matter, but if given the choice between working at an organization that offers higher pay and one with a reputation for providing a variety of exceptional incentives and other forms of recognition, many employees would choose the latter. This category includes salary, bonuses, commissions, stock options, and more.

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HR Lineup

JUNE 7, 2022

Employers need to understand the drive behind their employees’ good performance and retention. Most companies have been using this motivation to help their employees perform well. However, in this type of motivation, employees perform well only because they expect something from their employers.

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HR Lineup

MARCH 21, 2022

Employees are every organization’s important asset, and it is essential to motivate them to maximize performance. As an HR professional, you need to know how to motivate employees without bias. Luckily, this article lists the top 10 ways to motivate employees and increase productivity. 10 Best Ways to Motivate Your Employees.

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Business Management Daily

AUGUST 12, 2024

Find out how to build and convey that value through your employee value proposition. What is an employee value proposition (EVP)? Employee value proposition (EVP) refers to the value you offer employees in exchange for their skills and hard work. They enhance their EVP through employee stock options and equity.

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Achievers

OCTOBER 6, 2016

Your company’s well-being relies on healthy employees, so why not invest in their health if you have the chance? Get employees up and moving around if you want to keep them engaged and energized for the long-term. Serve up those referral bonuses promptly and be willing to reward outside your own organization. Endless food.

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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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HR Digest

MARCH 12, 2025

Whether youre an HR professional or a business owner, heres everything you need to know about employee extras and how they shape modern workplaces. At its core, the fringe benefits meaning refers to any compensation provided to employees beyond their regular wages or salaries. 401(k) matching), stock options, or performance bonuses.

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HR Digest

APRIL 11, 2023

In today’s competitive job market, attracting top talent is a challenge, but retaining those employees can be even more difficult. To succeed in retaining employees, organizations must implement effective strategies that address the unique needs and desires of their employees. Why are employee retention strategies important?

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Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 18, 2022

In this episode of The Proskauer Benefits Brief, Proskauer partner David Teigman , senior counsel Nick LaSpina , and special guest Michelle Garrett , a principal at the compensation consulting firm Semler Brossy, discuss employee retention. David Teigman: Today, I wanted to talk about employee retention.

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Griffin Benefits

JUNE 16, 2024

Used effectively, the vesting schedules in your retirement plans (401k, 403b, deferred compensation, and 457, to name a few) can be an excellent tool employers can use to improve employee retention. WHAT IS A RETIREMENT PLAN VESTING SCHEDULE AND HOW DOES IT IMPROVE EMPLOYEE RETENTION?

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HR Lineup

MARCH 27, 2024

In the realm of human resources (HR), the notice period holds significant importance for both employers and employees. The notice period refers to the duration of time an employee has to give advance notice to their employer before resigning from their position. What is a Notice Period?

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Business Management Daily

JANUARY 9, 2025

Offering commission as a compensation structure can drive: Individual accountability Employee morale Transparency in earnings Recognition for good work Product consistency The rise of gig work also increased the popularity of incentive compensation, pushing more people to work multiple jobs while removing pressure on employers to bump wages.

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