article thumbnail

Golden handcuffs: Should employers use them on top talent?

Business Management Daily

Your employers are highly impressed with your capabilities and don’t want to lose you to a competitor. This is how employers’ trap’ top-performing employees into staying at their organizations, which is why the term ‘golden handcuffs’ is used. Picture this.

article thumbnail

Employee Benefits: A Key Part of Job Compensation

Money Talk

paid vacation) ¨ increase productivity (e.g., educational benefits and training) ¨ improve an employer’s reputation as a good place to work for and do business with (e.g., paid vacation) ¨ increase productivity (e.g., Often, the number of paid vacation days is based on years of service and increases with seniority.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Yet many business owners today still seem hesitant to invest in better coverage or more paid vacation hours to woo new talent. The recession created an employer’s market where employees often had to settle for “good enough” when it came to their benefits. At a minimum, you should be able to check a few of these: Paid time off.

article thumbnail

3 powerful ways to improve your employee retention rate

Achievers

In today’s employment market, individuals are also placing a high value on the benefits an employer offers. Health insurance coverage and paid vacation time are considered standard, so going above and beyond that minimum can go a long way toward improving your retention rate.

article thumbnail

Overview of Employment Laws in Italy

Global People Strategist

Labor Laws in Italy The labor laws in Italy are renowned for their complexity, reflecting a history of ongoing negotiations between labor unions and employers. Contract Types One distinctive feature of Italian labor laws is the variety of employment contracts available, each with its rules and requirements.

article thumbnail

Why More Vacation Time Will Make Your Employees (and Your Company) Healthier

Achievers

You’re very accustomed to seeing statistics focused on the fact that American employers in general provide much less paid time off than employers do in other countries, but there is a more puzzling set of figures that bear looking at as well.

article thumbnail

Why the US Has Been Ranked as One of the Worst Countries for Workers’ Rights

Global People Strategist

Paid Vacations. According to the Center for Economic and Policy Research , the United States is the only developed nation in the world that does not guarantee paid vacations to its workforce. Why has the US ranked as one of the worst countries for workers’ rights?