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Top 10 Employee Retention Strategies for 2022

HR Lineup

Employee turnover can be expensive as it digs into a company’s finances due to frequent recruitments. As an employer or HR professional, you must find ways to attract and retain the best employees. Investing in Employee Recognition Programs. based on what your business can afford.

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The benefits offered by Together Housing Group

Employee Benefits

Enhanced maternity/shared parental leave pay. Smart Working policy allows employees to work whenever to balance business and personal needs. Salary Finance scheme that offers low value loans, salary advances, preferential savings rates, financial advice. Employee recognition scheme. Flexible working culture.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Financial education and planning resources : Providing financial education and planning resources can help employees make better financial decisions and reduce stress related to personal finances. This can include employee of the month programs, bonuses, or other forms of recognition.

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Unlock the Best 15 Employee Perks in the US Companies

Vantage Circle

And for employees who want a taste of both remote and on-site working, you can possibly offer a hybrid work model that allows employees to absorb the benefits of working both at home and on-site, thus offering the flexibility they desire. Financial worries are part and parcel of an employee’s life.

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6 Top Employee Benefits Programs With Examples To Boost Satisfaction

Empuls

  Several companies have set benchmarks in offering exceptional employee benefits, one of which is Salesforce. Salesforce is known for its robust benefits package, which offers generous paid parental leave, wellness reimbursement programs, and mental health days.  What are the examples of program benefits?

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

In contrast, organizations that prioritize recognition and rewards experience a 31% lower voluntary turnover rate. Employee-designed office space Allow employees to have a say in the design and decor of their workspace, creating a more personalized and comfortable environment.

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The Great Resignation: A Classic Case Of Poor Employee Experience

Vantage Circle

Resignations in industries such as manufacturing and finance decreased slightly, but resignations increased by 3.6% Overall, resignation rates were higher among employees in sectors that experienced intense demand spikes due to the pandemic, likely leading to stress and burnout. Or what role does employee recognition have on retention?