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White paper investigates ways to tackle soaring employee turnover rates

Employee Benefits

Finding and hiring a new employee takes 40 days on average, with estimates of the cost to a business of replacing a team member of in the region of 25 percent of the employee’s annual salary. For more information: [link] The post White paper investigates ways to tackle soaring employee turnover rates appeared first on Employee Benefits.

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Highest Paying Jobs for 2020 : Jobs With Highest Salary

HR Digest

The median salary of Oral and Maxillofacial Surgeon is $355,864, Anesthesiologist is $278,016 Surgeon is $254,329 and of Obstetrician and Gynecologist is $207,177 per year. The health care professionals who take care of our mental health also make quite a healthy salary. They can earn a median salary of $128,090 per year. .

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If you want a high paying job, remote work is now less of an option

Workplace Insight

According to the latest data from the careers website Ladders , the availability of remote positions with salaries exceeding $200,000 has seen a drastic reduction. The authors claims that, for those seeking the highest salaries, the current trend suggests that in-office work may be the more lucrative path.

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Lessons Learned from the Last Recession: Don’t Cut Management Training (For Long)

Achievers

2X of an employee’s annual salary. Check out this white paper, “ Empowerment and Trust: The Keys to Employee Engagement.” Companies might save a few bucks by cutting their managers’ training now; but ultimately, they’ll spend much more in employee turnover costs that inevitably follow. Or worse yet, closed for good.

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HSA vs. 401k vs. IRA: How do these retirement accounts stack up

WEX Inc.

These elective salary deferrals are excluded from your taxable income, except at retirement. Get your free white paper. A 401(k) is … A 401(k) is a retirement savings plan offered by many employers that provides tax advantages. Both you and your employer can contribute a portion of your wages to an individual account.

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How to Protect Your Company from High Employee Turnover

Achievers

Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. To learn more, download our white paper on uniting your workforce with a positive company culture.

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Why You Can’t Afford Disengaged Employees

Achievers

She points out that a disengaged employee generally costs the company about 34 percent of his or her salary annually. If even a few of your workers follow the Gallup formula of costing your business 34 percent of their salary every year, this amounts to a financial leak of near-crisis proportions. Decreased Productivity.

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