Vantage Circle

JULY 9, 2024

This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment. Companies with high retention rates enjoy a plethora of advantages, from substantial cost savings to enhanced productivity and a stronger company culture.

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Employee Benefit News

JULY 29, 2024

From health insurance to retirement plans, a new survey revealed that women want stability before flexibility.

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Retirement Plan Health Insurance Insurance Employee Retention 220

Insperity

OCTOBER 17, 2023

It’s the question employers are constantly asking: How do I get my employees to stay for the long term ? But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? There are lots of tips out there for guiding managers in retaining their direct reports.

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HR Lineup

MAY 28, 2024

These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being. What are Employee Perks? These perks are designed to enhance employees’ overall well-being, job satisfaction , and loyalty to the company.

Health and Welfare 244

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Business Management Daily

AUGUST 12, 2024

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.

Salary 105

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Hppy

SEPTEMBER 15, 2020

This is why job satisfaction and employee retention need to be high on the list of priorities for every business – regardless of size or industry. Along with making employee retention a priority, you must also create and follow retention strategies to help reduce turnover. Image source: unsplash.com.

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Qandle

DECEMBER 11, 2024

This includes not only salary but also benefits such as health insurance, retirement plans, and bonuses. If an employee feels undervalued financially, they are more likely to leave for a position that offers better pay and benefits. How can I improve employee retention?

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Business Management Daily

AUGUST 13, 2024

This fictional scenario is quite common for employees with golden handcuffs, which is why the practice sometimes raises some moral questions. Golden handcuff techniques can improve employee retention. They can also encourage top employees to exceed expectations. However, adverse side effects exist.

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HR Lineup

OCTOBER 25, 2023

As we step into 2023, retirement planning has become more critical than ever. With the uncertainty surrounding the future of Social Security and the increasing life expectancy, having a solid retirement plan is essential. Their 401(k) plans are no exception, with a focus on simplicity and long-term wealth accumulation.

401(k) 130

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Insperity

FEBRUARY 24, 2015

If you have employees who are tied to sales, consider offering them commission on top of their base salary. Outside of health care insurance, research ways to offer your employees a wider variety of benefits. This could include investments, such as stock options and 401(k) retirement plans.

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Employee Retention 401(k) Bonuses Retirement Plan 106

HR Lineup

JUNE 14, 2024

Recognition and Rewards: Implement recognition programs to acknowledge and reward employees’ contributions and achievements. Compensation and Benefits: Offer competitive salaries and benefits packages, including health insurance, retirement plans, and flexible working arrangements.

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Utilities Recruitment Retirement Plan Media 246

HR Digest

MARCH 12, 2025

Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., These examples tie employee success to company growth, fostering loyalty. Subscribe to The HR Digest for expert HR insights and stay ahead in employee retention! 401(k) matching), stock options, or performance bonuses.

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HR Digest

APRIL 20, 2023

Employee retention strategies are vital to the success of any organization. High employee turnover can be highly disruptive to any business. In this article, we’ll explore some innovative and effective employee retention techniques. Employees value the ability to work from home or have flexible work hours.

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Griffin Benefits

SEPTEMBER 30, 2024

Retirement planning can be a daunting task, especially for those unfamiliar with investment strategies and financial markets. In its most basic form, retirement planning is saving, investing, and risk management, all carefully monitored and adjusted over time.

Retirement Plan 52

Retirement Plan Management Employment Employee Retention 52

Business Management Daily

FEBRUARY 7, 2020

The bad news is that as unemployment rates fall, employee retention rates see the opposite trend. As a company leader, you’ve likely experienced difficulties with keeping your average retention rate as low as you’d like. One way to improve employee retention is to offer better compensation and benefits packages.

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Abel HR

NOVEMBER 5, 2024

Employee retention is a critical aspect of business success. At Abel HR, we specialize in maximizing employee benefits and ensuring regulatory compliance, allowing you to focus on growing your business. Financial Wellness Programs Financial stress can significantly impact an employee’s performance and satisfaction.

Employee Retention 52

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Vantage Circle

JANUARY 31, 2024

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. This article sheds light on how these surveys can be a game-changer for organizations seeking to understand and enhance their employee experience.

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Empuls

DECEMBER 24, 2024

  These benefits range from health insurance to retirement plans, paid time off (PTO), and wellness programs. A well-rounded program addresses employees' financial, physical, emotional, and social needs, contributing to their overall job satisfaction and work-life balance. What are the top 5 types of employee benefits?

Retirement Plan 40

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Insperity

FEBRUARY 24, 2015

If you have employees who are tied to sales, consider offering them commission on top of their base salary. Outside of health care insurance, research ways to offer your employees a wider variety of benefits. This could include investments, such as stock options and 401(k) retirement plans.

Employee Retention 70

Employee Retention 401(k) Bonuses Retirement Plan 70

Empuls

JANUARY 29, 2024

This article will highlight the importance of and discuss some employee retention trends to watch out for in 2024. What is employee retention and why does it matter? Employee retention encompasses the overall efforts of an organization to keep its staff members from leaving. in the next decade.

Employee Retention 52

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HR Digest

MAY 21, 2023

Employee benefits have become an essential part of any competitive compensation package. From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. What do you want to achieve with the employee benefit package 2.

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Empuls

AUGUST 27, 2024

The more generous the policy for paid time off, the better employees will balance between work and personal life and avoid burnout from merging into job satisfaction. Employer matching may make this more tantalizing, pushing the envelope of long-term feelings of financial well-being further for employees.

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Best Money Moves

MAY 10, 2022

Offer competitive, matched retirement planning options. Retirement planning is one of the most common employee benefits offered by employers, specifically a 401(k) matching plan. Here are the 5 best benefits to help retain and attract top talent.

401(k) 111

401(k) Employment Retirement Plan Financial Counseling 111

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.

Employee Retention 105

Employee Retention Software Benefits Package Salary 105

Hppy

SEPTEMBER 21, 2023

Employee retention is a big deal for small businesses because people who stay tend to contribute to organizational growth. Moreover, retaining employees is more challenging than hiring them, making it critical for small companies with limited resources. Not surprisingly, 93% of business owners stress about retention rates.

Employee Retention 36

Employee Retention 401(k) Retirement Plan Taxes 36

HR Digest

APRIL 22, 2023

These benefits can also help employers reduce healthcare costs and improve employee retention. Financial Wellness Benefits This employee benefits trend 2023 is another growing trend in workplace benefits. Employees want support for their financial goals, such as retirement planning or debt reduction.

401(k) 105

401(k) Parental Leave Benefits Package PTO 105

Best Money Moves

OCTOBER 7, 2021

According to a study conducted by the Department of Labor, only 40% of Americans have calculated the amount they need to save for retirement. The best time for employees to start saving is right now. Employers can emphasize this by using 401(k) or other retirement plans. Utilize financial wellness benefit programs.

401(k) 98

401(k) Retirement Plan Financial Counseling Finance 98

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

Empuls

MAY 29, 2023

Poor financial status of employees has given rise to a lack of productivity in the workforce and has been one of the major reasons for lower employee retention. Most of the time, the financial stress and mental pressure results in distractions and employees aren’t motivated enough to give their best.

Employee Retention 40

Employee Retention Health and Welfare Finance Salary 40

HR Lineup

SEPTEMBER 27, 2024

Benefits administration: Managing employee benefits, such as health insurance, retirement plans, and PTO (Paid Time Off). Regulatory compliance: Ensuring that the organization complies with labor laws, including maintaining records of work hours, tax filings, and employee documentation.

Human Resources 130

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Vantage Circle

JULY 5, 2019

Employees are worried about their money and roughly half are stressed about their finances and have said that their retirement plans will not be enough to support them after retirement. Consider the 401K plan, which is also a financial benefit existing way before than other benefits that organizations opt for.

401(k) 90

401(k) Retirement Plan Finance Education 90

Empuls

AUGUST 27, 2024

Talent acquisition and retention have become difficult and organizations are under increasing pressure to find innovative ways to keep their workforce engaged and motivated. This statistic is not just a number; it reflects the growing demand for meaningful acknowledgment of employees' contributions. 

Bonuses 40

Bonuses Parental Leave Commissions Benefits Package 40

Business Management Daily

APRIL 25, 2023

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Why has finding and holding onto talented employees become so complicated? the best employees seek something more comprehensive.

Salary 105

Salary Benefits Package Recruitment PTO 105

HR Digest

NOVEMBER 20, 2023

Review Fringe Benefits Many companies are often overly focused on monetary compensation and miss out on other supportive benefits their employees might enjoy. Employee benefit plans can offer additional monetary support such as retirement planning assistance, 401(k) plans , student loan assistance, dental insurance, etc.,

Recruitment 110

Recruitment IT 401(k) Health and Welfare 110

UpstartHR

APRIL 1, 2019

The value of creating the kind of environment where employees feel appreciated is a trade off in increased performance, effort and quality. financial leaders are taking the appropriate measures to improve employee retention. Baby boomers may have an interest in near-term retirement planning.

Finance 81

Finance Retirement Plan Hospitality Human Resources 81

Insperity

AUGUST 8, 2012

By joining a larger group for health insurance bids, retirement plans and workers’ compensation, your company will likely be able to offer more extensive and less expensive benefits. Retirement Plans – Retirement plans encourage company loyalty by helping employees prepare for the future.

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401(k) Retirement Plan Workers’ Compensation Payroll 42

COMPackage

JULY 2, 2024

Retirement Plans : Contributions to 401(k) plans, pensions, and other retirement savings accounts. TCS make these benefits explicit, helping employees see the full picture of what their employer provides. Personalization Tailor the statements to each individual employee.

Health and Welfare 52

Health and Welfare 401(k) Bonuses Retirement Plan 52