BerniePortal

DECEMBER 17, 2021

Inflation and a competitive job market with an amplified emphasis on employee retention. Employers should expect to see a demand for bigger pay raises in this new year, which can cause a lot of added stress and uncertainty when it comes to budgets and employee retention. The result?

Pay Raise 52

Pay Raise Employee Retention Work From Home Employment 52

Vantage Circle

JULY 5, 2019

Financial Wellness Benefits that your employees want: Before delving into the financial wellness benefits let us have a look at a few statistics: 42% of employees say it’s likely they’ll need to use money in a retirement account for expenses other than retirement. 20% of Employees would Trade Pay Raises for Better Health Coverage.

401(k) 90

401(k) Retirement Plan Finance Education 90

Business Management Daily

APRIL 16, 2024

Retaining top performers has become a serious challenge for recruiters in recent years. As such, employers must do everything they can to attract and retain high-performing employees, and issuing regular merit increases is one of the best ways to do so. A staggering 50.6 What is a Merit Increase?

Merit Pay 52

Merit Pay Pay Raise Bonuses Salary 52

Higginbotham

AUGUST 12, 2022

However, there are solutions that can help you attract quality workers and support your employee retention goals. As employers look for strategies to get their turnover under control, it’s important to understand the link between benefits and retention. What are the benefits of employee retention?

Benefits Package 52

Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Vantage Circle

AUGUST 23, 2018

Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. So, what non-monetary benefits can you provide to retain these employees? Improves Recruiting. Increases Retention.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

Hppy

AUGUST 11, 2016

Failing to deal with stress can lead to high employee turnover rates, sending your recruiting and training costs through the roof. It also increases employee retention and productivity while reducing work-related stress. Develop your communication skills and find out what motivates each employee on your team.

Overtime 45

Overtime Work From Home Pay Raise Employee Retention 45

Vantage Circle

AUGUST 23, 2018

Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. So, what non-monetary benefits can you provide to retain these employees? Improves Recruiting.

Employee Benefits 45

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 45

Vantage Circle

JANUARY 31, 2022

Higher Retention. High employee retention happens when employees feel connected to their work. So make sure the employee’s lifecycle is diversity-friendly. Start from the recruitment process. Employees should not face discrimination at work, from the first day till the day they leave.

Employee Wellness 98

Employee Wellness Employee Recognition Management Parental Leave 98

Empuls

JUNE 20, 2023

It is translated as “employee loyalty” and bottomed on three factors that cultivate work commitment and contribute to employee retention : Ideal job Great boss Meaningful work Joe Mull nudges you to start an employalty movement in your company and make your workers committed to what they do. Need details?

Employee Recognition 52

Employee Recognition Pay Raise Employee Loyalty Employee Benefits 52

Empuls

DECEMBER 18, 2023

Employees who feel appreciated for their role in maintaining quality are more likely to pay attention to detail and consistently meet quality standards. Employee retention The manufacturing industry often faces challenges related to employee turnover. What types of rewards are commonly used in manufacturing?

Manufacturing 40

Manufacturing Bonuses Pay Raise Construction 40

Business Management Daily

NOVEMBER 18, 2024

Better employee retention Current employers who present clear career paths help eliminate the need for workers to look elsewhere for growth opportunities. Instead, employees start envisioning possibilities for the long term. Lowering turnover reduces recruiting and onboarding expenses.

Human Resources 52

Human Resources Education Recruitment Pay Raise 52