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. But fortunately, employees' perspectives have evolved over the years.

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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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Employee Benefits

JULY 11, 2024

Continue reading to discover an essential employee retention checklist: Your Employee Retention Checklist The post Eight Steps to Boosting Your Employee Retention Strategy appeared first on Employee Benefits. When the right skills are scarce, retaining existing talent becomes crucial.

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Best Money Moves

JULY 14, 2021

4 ways financial wellness can boost employee retention. Retention is an increasing problem in the post-COVID workforce. Financial wellness benefits could be the solution employers need. . In the post-COVID world, retention is an increasingly complex problem that organizations are struggling to solve. .

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International Foundation of Employee Benefit Plans

JUNE 23, 2022

when competing for employees. Read more > The post Pet-Friendly Workplaces: A Paw-fect Employee Retention Tool appeared first on Word on Benefits. Offering pet-related perks has been touted as one strategy for employers trying to get a leg up (or a paw up!) In honor of Take Your.

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Employee Benefit News

FEBRUARY 16, 2024

When employers give back, culture, engagement and employee retention see improvements, too.

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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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Take It Personel-ly

DECEMBER 21, 2022

Attention to detail matters in work projects and employee job satisfaction. Think about the following small benefits that can go a long way […]. The post 12 Small Employee Benefits That Go a Long Way appeared first on Take It Personel-ly.

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Employee Benefits

FEBRUARY 2, 2023

Tom Nash, HR Business Partner, Sodexo Engage In this blog, we take a look at: why does employee retention matter, defining where you are, supporting employees during the cost-of-living crisis, and building and delivering the ultimate employee experience.

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HR Lineup

JANUARY 4, 2022

More importantly, this employee turnover trend boosts employee retention. It is important that you stay close with your employees and always check in with them to understand if they are comfortable. You see, most employers believe that creating a conducive work environment is an excellent employee retention strategy.

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HR Lineup

MAY 10, 2024

Organizations that prioritize DEI initiatives demonstrate their commitment to creating an environment conducive to employee retention and engagement. Strategies for Reducing Employee Turnover 1. Cultivate a Positive Company Culture Company culture plays a crucial role in employee retention.

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HR Digest

MAY 21, 2023

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. What do you want to achieve with the employee benefit package 2. Payroll taxes 2.

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PeopleKeep

JUNE 22, 2022

Offering employee benefits is an effective way to attract talent and improve employee retention in your company. However, employers at small and medium-sized organizations may be hesitant to implement benefits due to the cost and administrative burden.

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WEX Inc.

JULY 30, 2024

But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. That’s because benefits are critical for attracting and retaining talent. The impact cutting a benefits budget would have Why do you come into work?

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Employee Benefits

JULY 11, 2023

Employee retention poses a complex challenge that goes beyond merely offering a competitive salary. The prominence of employee perks is on the rise, and as such, workers’ expectations are also climbing. The Future of Employee Benefits As recruitment demands grow, so too do individual needs.

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PeopleKeep

APRIL 21, 2022

In recent years many organizations have shifted from offering traditional employee benefits to a new model: personalized benefits. This new model allows organizations of all sizes to provide sustainable benefits that deliver real value to employees.

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Achievers

AUGUST 4, 2022

But the best way to facilitate company-wide recognition is with an employee recognition and reward platform that lets all team members say thanks in fun, unique ways no matter where and when the urge to show recognition strikes. Employee benefits and incentives. Improved employee retention.

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McDermott Will & Emery Employee Benefits

SEPTEMBER 10, 2024

On August 15, 2024, the Internal Revenue Service (IRS) released Announcement 2024-30, which provides a second Employee Retention Credit Voluntary Disclosure Program for employers to resolve erroneous claims. This program aims to help employers avoid civil litigation, penalties, and interest by settling their civil tax liabilities.

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HR Lineup

DECEMBER 23, 2021

Unfair employee benefits and compensation plans. Promotes Employee Retention. HR ethics and compliance in the organization promote trust among the employees. Below are some of the ethical issues to note. . Discriminatory practices based on gender, race, disability, age, etc.

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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. ” This is an overview of its culture and how employees are treated.

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McDermott Will & Emery Employee Benefits

NOVEMBER 9, 2023

Asserting that many employers have improperly claimed Employee Retention Tax Credit (ERTC) refunds, the Internal Revenue Service (IRS) released two new announcements that address ERTC claims.

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Abel HR

NOVEMBER 5, 2024

Employee retention is a critical aspect of business success. At Abel HR, we specialize in maximizing employee benefits and ensuring regulatory compliance, allowing you to focus on growing your business. The post Boosting Employee Retention with Strategic Perks: Insights from Abel HR appeared first on Abel HR.

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HR Lineup

AUGUST 6, 2024

Time and Attendance: Accurate tracking of employee hours and attendance. Benefits Administration: Simplified management of employee benefits. Oracle HCM Cloud Oracle HCM Cloud offers a comprehensive suite of HR tools that help organizations manage the entire employee lifecycle with advanced analytics and AI capabilities.

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HR Lineup

APRIL 23, 2024

Financial Incentives Financial considerations, such as competitive salaries, benefits, and incentives, may also play a role in attracting boomerang employees back to their former employer. Additionally, companies may offer signing bonuses or retention bonuses to entice returning employees.

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HR Lineup

MAY 28, 2024

As we step into 2024, the landscape of employee benefits and perks is continuously evolving. These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being. What are Employee Perks?

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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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Higginbotham

JANUARY 8, 2025

Emotional Wellness: Taking care of elderly relatives may be emotionally taxing for employees. Benefits like mental health resources , stress management programs and more can help employees maintain their emotional health while navigating their caregiving roles.

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HR Digest

MARCH 12, 2025

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. Crafting a Employee Benefits Strategy So, how do you build a perks playbook that works?

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Achievers

JUNE 20, 2017

Promoting financial wellness and addressing the negative effects of money-related stress on employees is often overlooked by companies when they seek to lessen the stress level of their workforce. Flexible work options , such as telecommuting, part-time roles, and flexible scheduling, can have a major impact on an employee’s quality of life.

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PeopleKeep

JUNE 7, 2022

From an HR perspective, this presents the opportunity and a demand to create a positive employee experience and foster employees who want to stay with your organization, contribute their talents, and work at 100% capacity. One way to do this is to improve your employee engagement, job satisfaction, and company culture.

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HR Lineup

MAY 15, 2023

With over 1,800 clients across the globe, Reward Gateway has established itself as a leader in the employee engagement industry. The platform is designed to help companies improve their employee retention rates, productivity, and overall workplace culture.

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HR Digest

APRIL 22, 2023

The job market is constantly evolving, and as a result, the employee benefits regulations that are expected from employers are also changing. Today, employers are under increasing pressure to stay ahead of employee benefits trends and offer a comprehensive range of workplace benefits that cater to the diverse needs of their employees.

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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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Sodexo Engage

OCTOBER 11, 2024

NEW LP - Employee benefits and rewards. Cloned daniel.rhodes Fri, 10/11/2024 - 14:19 Employee benefits and rewards. Find out more Boost Productivity, Engagement and Retention with a wide range of employee benefits. Online GP - 24/7 healthcare at your employees’ fingertips anytime, anywhere.

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Sodexo Engage

OCTOBER 11, 2024

NEW LP - Employee benefits and rewards. Cloned daniel.rhodes Fri, 10/11/2024 - 14:19 Employee benefits and rewards. Find out more Boost Productivity, Engagement and Retention with a wide range of employee benefits. Online GP - 24/7 healthcare at your employees’ fingertips anytime, anywhere.

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Employee Benefits

FEBRUARY 8, 2023

And with 31% of employees looking to move jobs this year, it’s more important than ever to understand new methods to re-engage your people and improve your overall employee retention. Check out the four R’s to re-engage your workforce and see where your employees stand on our employee engagement quadrant.

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