Empuls

DECEMBER 18, 2023

Employee retention is a critical factor in the success of insurance companies.    Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. However, there's no need to worry. 

Employee Retention 40

Employee Retention Insurance Employee Incentives Retirement Plan 40

Business Management Daily

SEPTEMBER 14, 2022

The importance of employee recognition. Some in management, however, turn up their nose at the idea of worrying about employee recognition. Some of the benefits of employee recognition efforts include: Helping to attract top talent. Promoting employee retention. Improving employee well-being.

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Qandle

NOVEMBER 1, 2024

Yet, with a strategic approach, companies can effectively tackle employee absenteeism, boost employee retention, and nurture a more engaged team. A workplace culture that actively supports employee well-being is essential for lowering absenteeism and turnover, contributing to a more robust organization.

Software 84

Software Employee Recognition PTO Employee Retention 84

Achievers

JUNE 12, 2024

Even if your company has developed a great employer brand that helps it attract top-notch employees, it won’t be able to leverage their abilities for long without a high employee retention rate. Calculating and analyzing your organization’s employee retention rate is the first part of any effective employee retention strategy.

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Employee Retention Employee Recognition PTO Health Insurance 181

Empuls

AUGUST 20, 2024

In this blog, we'll explore various retention strategies, backed by statistics and examples from US-based companies that have successfully implemented these programs. What Is Employee retention? The opposite of retention is turnover, which occurs when employees leave the company for various reasons.

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Employee Retention Education Employee Recognition Employee Wellness 52

HR Lineup

MAY 10, 2024

Companies must adapt their retention strategies to cater to the needs of remote employees and mitigate the challenges associated with virtual collaboration. Employee Well-being and Mental Health: The recognition of employee well-being as a cornerstone of organizational success has gained prominence.

Benefits Package 85

Benefits Package Flexible Spending Account Employee Retention Flexible Spending 85

Vantage Circle

JULY 25, 2024

Employee recognition programs have become increasingly common. For most of them, recognition flows downward, meaning leaders are the only ones who show appreciation. On the other hand, peer-to-peer recognition involves employees acknowledging and appreciating each other's contributions and achievements within the workplace.

Construction 77

Construction Employee Recognition Employee Retention Recruitment 77

Achievers

OCTOBER 26, 2022

Support employee wellness. Employee wellness programs support your team’s physical and mental health. An employee wellness program can include everything from weekly guided mindfulness sessions to providing various critical health services, like vaccinations, in office.

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Employee Recognition PTO Electronics Employee Wellness 252

Achievers

FEBRUARY 16, 2021

When employees feel appreciated, they perform at their best and are less likely to leave. In fact, organizations that rate their culture of recognition highly are 3 times more likely to see increased employee retention and 2.5 times more likely to see increased employee engagement, among other benefits.

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Employee Recognition Employee Retention PTO Food 297

Qandle

JUNE 25, 2024

Create a Positive Work Environment A positive work culture is instrumental in employee retention. Example: MNO Solutions allows employees to work remotely twice a week, offers unlimited paid time off for vacations, and provides access to mental health resources. This approach has improved employee satisfaction and retention.

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Vantage Circle

OCTOBER 28, 2024

Positive Influence A study has revealed that sustainable workplace practices increase employee well-being and reduce pollution while also benefiting company viability. Strategies for Sustaining Employee Engagement Sustaining employee engagement in the long term requires deliberate strategies and practices.

Employee Wellness 86

Employee Wellness Employee Recognition Employee Retention Media 86

Achievers

APRIL 17, 2018

Does one employee prefer to work from 6 p.m. You won’t maximize your employees’ well-being from telecommuting if you still require them to clock in every day at 8 a.m. She notes that regular quarterly meetings of the entire organization are beneficial to employee retention and overall productivity.

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Work From Home Employee Recognition Employee Retention Health 117

Achievers

MAY 1, 2018

Bersin’s report notes that over 120 vendors are currently providing tools for continuous real-time evaluation of overall employee well-being. These include assessments of company culture, employee recognition platforms , and a growing array of text-based feedback channels where confidential and anonymous comments can be given.

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Vantage Circle

OCTOBER 10, 2019

If employee engagement is a boat then rewards and recognition is the well-oiled engine required to steer it to its destination. Treat your employees well and they’ll return the favor by being more productive. According to a survey, almost 78 percent of employees would work harder if they were better recognized.

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Employee Recognition Employee Retention Salary Engineering 45

Business Management Daily

JANUARY 12, 2024

Being intentional about creating a company culture that emphasizes things like employee well-being, work-life balance, and open communication can help employees feel more valued by the organization, thus strengthening employee relations. Employee recognition programs may offer an incentive to top performers.

Human Resources 52

Human Resources Employee Recognition Electronics Management 52

Achievers

APRIL 10, 2020

Providing social recognition has a significant impact on employees as material rewards do, and it leads to organizational benefits across the board: improved individual performances, better NPS scores, and even higher stock prices. It also results in improved employee retention and engagement.

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Employee Recognition Bonuses Health Employee Retention 303

Vantage Circle

JANUARY 31, 2024

Promote Employee Recognition Promoting employee recognition is crucial for boosting morale and motivation. When employees are appreciated for their efforts, it leads to increased productivity and engagement. The key here is to weave recognition into the fabric of your company's culture.

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Management Employee Recognition Utilities Software 59

Professionals Alternative

MARCH 21, 2024

By automating manual processes, mortgage companies can free up valuable time for their employees to focus on more strategic tasks. Technology solutions can also enhance employee recognition and engagement, leading to higher job satisfaction and improved retention rates.

Recruitment 52

Recruitment Employee Recognition Technology Bonuses 52

Achievers

OCTOBER 13, 2015

If you find yourself seeking creative ways to increase employee retention and reward exceptional worker effort, here are a few useful points to keep in mind. A change in title is another way to express recognition for an employee’s outstanding contribution. Salary isn’t the key factor in engagement.

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Employee Loyalty Salary Employee Retention Human Resources 167

Business Management Daily

OCTOBER 2, 2024

For starters, retention increases because content employees see less reason to leave their current situation. Feeling a sense of belonging and that the employer truly cares about employee well-being promotes loyalty. Look at employee retention rates. Stats showing less turnover are a good sign.

Banking 59

Banking Construction Employee Recognition Employee Retention 59

Achievers

MAY 18, 2020

But employee recognition is not just about making people feel good. It has a significant impact on key business metrics, including engagement, retention, and productivity. 5 times more likely to see increased employee engagement. times more likely to give frequent recognition.

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Employee Recognition Employee Retention Employee Loyalty Technology 250

Vantage Circle

SEPTEMBER 11, 2023

Improved Employee Retention: A robust employee benefits platform can improve employee retention by offering comprehensive benefits packages. However, the packages should meet the needs and expectations of employees. This can help employees maintain a healthy work-life balance and improve their well-being.

Employee Benefits 52

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Insperity

SEPTEMBER 8, 2022

Although most of the categories below can be included in a retention strategy, the big three to think about are: Competitive salaries and benefits – Review your salary structure , bonus programs employee benefits and other employee recognition programs to see where you have room to make improvements.

PTO 106

PTO Bonuses Employee Retention Recruitment 106

Business Management Daily

AUGUST 17, 2023

Happy employees may not always outproduce their less happy peers, but they’re more likely to produce better work, avoid burnout, reduce absenteeism , and maintain retention. Let’s talk about what it takes to make employees happy. Equal employee recognition is also important.

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Business Management Daily

DECEMBER 27, 2023

Engagement and employee relations go hand-in-hand as employees tend to be most engaged when they have good working relationships with their managers and teams. Explore a few of the largest benefits to see why it’s worth investing in building good employee relations within your business. Explaining company policies.

Human Resources 52

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Vantage Circle

AUGUST 2, 2023

Employees in the workplace seek an ideal working environment that promotes learning and development, work-life balance, positive company culture , and overall good experience. The Importance of Employee Perks in India In India's dynamic and competitive business landscape, the significance of employee perks cannot be overstated.

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Parental Leave Health Insurance Transportation Bonuses 64

Empuls

JULY 16, 2024

According to the Bureau of Labor Statistics, 50% of employees leave or change every year. is predicted to lose over $400 billion due to employee turnover. If this keeps up, organizations need to pay a hefty price in ensuring employee retention.   per employee   G2 rating : 4.6/   Awardco 2.

Payroll System 52

Payroll System Software Employee Recognition Utilities 52

Achievers

JUNE 2, 2024

When employees receive regular recognition and support from leaders, they’re more likely to feel valued and stick with your company year after year, improving employee retention and saving the company significant recruitment costs.

Management 191

Management Employee Recognition Construction Employee Retention 191

Empuls

OCTOBER 9, 2023

Now that we understand the power of exceptional customer service, let's explore how you can reward your employees for their dedication and, in turn, drive exceptional service that benefits both your team and your customers. Having said that here are the 1. This leads to more proficient salespeople and customer support agents.

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Bonuses Employee Retention Education Retail 40

Insperity

NOVEMBER 8, 2022

As employees become increasingly fed up with some aspect of their job or company, they may withdraw from others and withhold discretionary effort, instead just doing the bare minimum to get by without attracting too much negative attention. When you have an employee quiet quitting, it’s not just employee retention that potentially suffers.

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PTO Workplace Flexibility Employee Recognition Employee Retention 115

Insperity

JUNE 20, 2019

Take care of your employees. Fair pay and employee recognition is one key aspect. It’s easier for an employee to provide good customer service when they’re flourishing in the right environment. Happier employees make better products and better products attract customers. Better employee retention.

Health 77

Health Overtime Media Benefits Package 77

Empuls

NOVEMBER 15, 2024

Additionally, Google offers flexible work schedules during the summer, allowing employees to adjust their hours to enjoy personal time, whether for vacations or outdoor activities. This approach recognizes the importance of work-life balance and demonstrates the company’s commitment to employee well-being. 

Banking 52

Banking Utilities Food Employee Loyalty 52

Achievers

SEPTEMBER 14, 2021

Work to keep employees engaged and higher morale is likely to result. Employee retention. But boosting employee engagement can help. Engaged employees are significantly less likely to job hunt. Employee wellness. Wellness includes everything that leads to a healthy, well-balanced workforce.

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Employee Retention Employee Recognition Technology Employee Wellness 294

Vantage Circle

OCTOBER 28, 2020

In a nutshell, rewards and recognition signify the appropriate acknowledgment, appreciation, and prompt incentivization of an employees’ effort. To acquire and retain the top performers, you must build a workplace culture where employee recognition is the everyday norm. Chapter 10: Employee Recognition Ideas.

Employee Recognition 59

Employee Recognition Electronics Technology Construction 59

Vantage Circle

MAY 27, 2021

It serves as a source of external inspiration to keep your employees motivated and efficient. According to a survey cited by Springworks , 46% of HR leaders consider employee retention to be their biggest concern. It has not just impacted productivity but also the mental health of employees. Chapter 13. Chapter 14.

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Vantage Circle

DECEMBER 12, 2022

Applying Maslow's Theory of Needs in an organization helps create a roadmap for employee satisfaction. The following are a few of the benefits that result in meeting the needs of your employees: A happy and motivated workforce. Better employee retention and lower absence. Increased productivity. Purpose. "If

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Achievers

JUNE 20, 2017

Flexible work options , such as telecommuting, part-time roles, and flexible scheduling, can have a major impact on an employee’s quality of life. In fact, just the idea of a flexible work arrangement helped some companies improve their employee retention rates – before workers even started taking part.

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Health and Welfare Financial Counseling Human Resources Employee Retention 149