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Employee value proposition in action: Compelling real-world examples

Business Management Daily

However, regular cost-of-living adjustments and performance-based raises will help you maintain a good EVP and improve long-term employee retention. Collect feedback from current employees Your employees are an excellent source of information on your current employee value proposition and what can be done to enhance it.

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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Taxable examples of fringe benefits might include: Gym memberships Moving stipends beyond the actual moving cost Personal use of a company car Frequent flyer miles when converted to cash Certain life insurance payments Information like this can come as a shock. Offer a variety of benefit options to meet diverse employee needs and preferences.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

This game-changing platform revolutionizes how organizations administer and deliver benefits, putting the power in the hands of employees. Know all about our curated list of the top 10 employee benefits platforms based on their features, user reviews, and market reputation. Findings from the Blog?

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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

It's no secret that employee benefits are an excellent employee retention strategy. In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years. Employee discounts. Employee stock options. Accident and health benefits.

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How to Retain Employees: 13 Practical Takeaways from 5 Case Studies

SnackNation

A study from the Center for American Progress found that the average cost of replacing an employee was about 21% of her salary. But we’ve been underwhelmed by the information that’s out there… most of it vague, abstract, and frankly, not very useful. The average employee lasts just one year. The lesson? Conclusion.

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