HR Digest

DECEMBER 2, 2023

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. This is why employee retention strategies are important. How to Improve Employee Retention?

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Employee Benefits

JULY 17, 2023

In fact, about 43% of employers believe implementing a financial wellbeing strategy significantly influences employee retention. Ways to enhance employee financial wellbeing The thought of improving employees’ financial wellbeing can be a sensitive topic for many companies.

Pension 98

Pension Finance Salary Pay Raise 98

Vantage Circle

MAY 12, 2020

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. It is because when employees get a chance to grow they stick with a company.

Pay Raise 52

Pay Raise Salary Human Resources Utilities 52

Vantage Circle

MAY 12, 2020

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. It is because when employees get a chance to grow they stick with a company.

Pay Raise 52

Pay Raise Salary Human Resources Utilities 52

Vantage Circle

JANUARY 31, 2022

Higher Retention. High employee retention happens when employees feel connected to their work. One of the most important roles toward employee engagement is that of the leaders. The employees will start leaving. Studies say that 89% of millennials prefer benefits over pay raises.

Employee Wellness 98

Employee Wellness Employee Recognition Management Parental Leave 98

Empuls

JUNE 20, 2023

Looking for the best books to supercharge employee engagement in 2023? According to the employee engagement statistics , 71% of executive managers regard employee engagement as a critical factor for a company’s success. Some leaders have already discovered such tactics in books. Just as we thought.

Employee Recognition 52

Employee Recognition Pay Raise Employee Loyalty Employee Benefits 52

Vantage Circle

AUGUST 23, 2018

Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. So, what non-monetary benefits can you provide to retain these employees? One way to do this is paying for their hobbies.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63