HR Digest

APRIL 13, 2023

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

Employee Compensation 64

Employee Compensation Retirement Plan Profit Sharing Plan Commissions 64

Vantage Circle

FEBRUARY 3, 2025

Also, you’ll be shocked to know that, The average cost of turnover per employee can be thousands of dollars. Some studies estimate that the cost of turnover typically ranges from six to nine months of the employee’s salary. In this blog, we’ll discuss the five main drivers of employee retention.

Employee Retention 66

Employee Retention Salary Bonuses Media 66

Achievers

MARCH 26, 2019

She points out that a disengaged employee generally costs the company about 34 percent of his or her salary annually. The typical level of employee engagement in the United States is about 32 percent. Just looking at averages, the estimated cost of replacing an employee ranges from 50 to 200 percent of the persons salary.

Human Resources 114

Human Resources Salary Employee Retention Consulting 114

Achievers

MAY 23, 2017

The cost of employee turnover is outrageously high. When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement.

Pay Raise 117

Pay Raise Employee Retention Salary Banking 117

Vantage Circle

JUNE 16, 2023

Are there any active mentorship programs available to the employees? Compensation and Benefits Benefits are vital for attracting and keeping top talent, improving employee satisfaction, and overall well-being. How well does the company address and support employee financial wellness?

Employee Recognition 105

Employee Recognition Bonuses Construction Food 105

PeopleStrategy

NOVEMBER 7, 2023

For those new to their positions or looking for a fresh take on end of the year tasks, this rundown looks at general activities, compliance-related activities, and employee compensation and benefits activities. What departments could see growth or could use training opportunities to elevate and reward current employees?

Payroll 52

Payroll Bonuses Employee Compensation Recruitment 52

Vantage Circle

AUGUST 16, 2021

Employers use dearness allowance to raise the salaries of their employees. It is a payment that compensates for the rise in prices and cost of living. Earlier, the cost of living wasn't a consideration for employers when determining employee compensation. Also Read: Why Employee Development Matters in 2021.

Employee Incentives 52

Employee Incentives Bonuses 401(k) Retirement Plan 52