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Golden handcuffs: Should employers use them on top talent?

Business Management Daily

Easier to recruit new employees Golden handcuff incentives also make it easier to recruit new talent, but you’ve got to make sure you’re providing what new hires want. It’s also important to note that these incentives, such as flexible working conditions, are only sometimes financial.

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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. Even when American workers are given paid vacation time, they barely even use half of it.

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How to Turn a New Company Policy from Negative to Positive

HR Bartender

Like many businesses today, Kronos discovered they were facing recruiting challenges. Internal research discovered one of the hurdles to attracting talent was their vacation policy. We were offering new employees three weeks of paid vacation, which is comparable to what local companies with which we compete for talent were offering.

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5 Hidden Costs of Employee Turnover

Insperity

Who do you rely on to recruit the new people? Their high-dollar salaries are now being spent on recruiting. She now has summers and holidays off, in addition to paid vacation. Its loss leaves a gap that can take at least 4-6 months to fill and in some cases, years, depending on the complexity of the position.

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Eliminate Spreadsheets & Reduce Errors with BerniePortal’s PTO Tracker

BerniePortal

In addition, most PTO policies include national and floating holidays, paid vacation days, paid family leave, and paid sick leave as well. Whether it is unlimited , allotted, or accrued , policies can vary from one organization to another.

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How to deliver high-value workplace perks that employees love

Insperity

These things have become so commonplace that employees expect them, such as: Health insurance Dental insurance Paid vacation and sick days 401(k) retirement plan Disability insurance Life insurance Workers’ compensation Unemployment insurance. Perform a competitive analysis. Examine your budget and conduct a cost-benefit analysis.

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2019 Employee Benefits Predictions

Winston Benefits

In 2019, employers will need to offer more than a competitive salary, paid vacation and a 401(k) plan to recruit prospective job candidates and retain top employees. Unemployment is low and the economy is strong, even with recent volatility in the stock market.

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