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How to Address High Turnover With Retail Employees

Achievers

Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. According to Human Resources Today, that translates to $19 billion in costs related to hiring and training new employees.

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Employee recognition drives retention and productivity

HR Digest

Employee recognition is an important cornerstone for the engagement and retention of a workforce. Employee engagement surveys conducted by Energage in 2020 showed that appreciation was the top driver of employee engagement. A culture of peer-to-peer appreciation goes a long way in employee job satisfaction.

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FitFlop introduces salary sacrifice nursery scheme

Employee Benefits

Credit: Ritu Manoj Jethani/Shutterstock Footwear brand FitFlop has introduced a salary sacrifice nursery scheme for its 165 UK employees in order to help them save money on childcare fees. The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.

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The benefits offered by Wave

Employee Benefits

Group income protection employer-paid for all employees, subject to acceptance by the insurer. Two years paid at half salary at time of acceptance. Subject to regular checks that make sure the employee still qualifies. Life insurance for all employees with a death-in-service benefit of four-times salary.

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Benefits on offer at Atradius

Employee Benefits

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Life assurance at 10-times salary. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees. Employees pay £30 per month for individual cover and up to £80 per month for family.

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Employee Recognition Program: Things You Need To know!

Vantage Circle

And that is something this blog will cover and give you a good headstart on how you can start your employee recognition program. According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Key Takeaways Understand what a recognition program is. Only 52.6%

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Employee retention strategies to overcome the Great Resignation

Business Management Daily

Retail and food workers who were hailed as heroes and paid higher wages at the start of the pandemic don’t want to go back to minimum wage. Allowing employees to shift their schedule up or down a few hours from the standard office hours can make a big difference when it comes to employee morale. Employee recognition.