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Employee Benefits: Traditional & Creative Trends

Affinity HR Group

The US Department of Labor notes that the percentage of private industry workers with access to flexible healthcare spending accounts increased from 36% in 2012 to 43% in 2021. These averages show the evolving standards in PTO offerings and can be a helpful benchmarking tool.

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How 4 winning companies use Bob to drive business success

HiBob

They established a comprehensive compensation framework using Bob’s benchmarking tool to analyze salaries and have created a job catalog by redefining each role within the organization and mapping it to specific job families and levels. Their retention rate is 91.1

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2016 Turnover Rates by Industry

Compensation Force

If you aren't already familiar with their Benchmark Pro and other survey products, please check them out! Links for historical Turnover Rates: 2008 , 2009 , 2010 , 2011 , 2012, 2013 , 2014 and 2015.

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Gens Y and Z mark the end of the alphabet

Kazoo

When we think someone’s got a really great work ethic it’s because we’re benchmarking against a traditionalist definition of what a work ethic is. Compensation counts for GenZ. AND the beginning of something lots of us don’t fully understand. Most organizations today are heavily steeped in a traditionalist value system.

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Gens Y and Z mark the end of the alphabet

Kazoo

When we think someone’s got a really great work ethic it’s because we’re benchmarking against a traditionalist definition of what a work ethic is. Compensation counts for GenZ. AND the beginning of something lots of us don’t fully understand. Most organizations today are heavily steeped in a traditionalist value system.

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Top Five Turnover Causes in Healthcare

HSD Metrics

We also have over 25 years of normative (also known as a benchmark) data that has been collected through ExitRight® our flagship product. Compensation and pay. Our platform’s benchmarks for healthcare show that 80% of turnover is caused by what we call Controllable Factors that can be, you guessed it, controlled by the employer.

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Top Five Turnover Causes in Healthcare

HSD Metrics

We also have over 25 years of normative (also known as benchmark) data that has been collected through ExitRight® our flagship product. 4) Compensation and Pay. 4) Compensation and Pay. ExitRight benchmarks for healthcare show that 80 percent of turnover is caused by preventable employer factors.