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How to retain millennial employees

Achievers

As you assemble the perks you offer, it’s important to go beyond merely material things like bonuses and health benefits (although those are important, too). When millennials feel that their ambitions and ideas are respected, and that they have room to work on passion projects, they’ll be more engaged with the welfare of your business.

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How to strike a balance between managing staff wellbeing and financial pressures

Employee Benefits

Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help. Yet there are concerns this could have a negative impact on their mental health , adding to the stress they are already under. Some employees are also taking second jobs, which can create issues from a mental health perspective.

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A HR guide to employee benefits

Employee Benefits

This can include free health insurance or a company car. With such a big push on employee wellbeing, offering benefits is a great way to ensure that your company is looking after the welfare of its workers, making them more likely to stay with your company. What are flexible benefits?

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Image courtesy – Shutterstock ) Employees leave for many reasons, and while some include personal conditions like health and relocation of the family, there are many that pertain to the organization. Bonuses for top performers and performance reviews with the chance of a hike are also good motivators.

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Doctors Question Medicare Quality Program as More Face Steeper Penalties

McDermott Will & Emery Employee Benefits

A Medicare program designed to incentivize high-quality care via physician bonuses is in doubt as providers say it’s caused more trouble than it’s worth. According to this Axios article, the Merit-Based Incentive Payment System has created a disparity between bonus winners and losers, and this disparity is only expected to grow.

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How professional employer organization (PEO) pricing works

Insperity

The best PEO for you will: Give you an end-to-end solution with flexibility Provide desirable employee benefits (health and welfare, retirement, etc) Support you with administrative services that: Fit your budget Are well worth the cost. For some companies, that can be a significant drawback.

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7 strategies for a successful total rewards program

Insperity

Benefits: Any of several benefits may be included, such as health, welfare, income protection, financial preparedness, retirement, and pay for time off, to promote wellness and security for employees and their families.