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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

A survey by Medscape in 2019 found that 25% of physicians considered leaving their current position, citing burnout, low compensation, and administrative burdens as key reasons. Compensation :  Competitive salaries and benefits are crucial for retention. → Physicians aren't exempt from high turnover either.

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20 Must-Have HRMS Tools for CHROs

Empuls

They can provide a more efficient job when it comes to managing recruitment, payrolls, employee performance and compensation, and timesheets. This includes training materials, seminars, and employee satisfaction software. Compensation - This type of system manages the benefits and payroll systems. It starts at $4.50

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Unlock the Best 15 Employee Perks in the US Companies

Vantage Circle

At the center of this transition lies the willingness to go beyond traditional compensation packages and immerse employees in company culture. According to an SHRM study, US companies offering volunteer programs increased from 40% in 2014 to 47% in 2022. It further helps maintain and promote a supportive work environment.

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7 Ways to Support Employees’ Engagement in their Financial Wellness

GuideSpark

Employee benefit products such as health savings accounts, 401(k) plans, retirement annuities, stock options, and flex spending accounts are part of the picture, and in many cases, a big part of their total compensation. Invite them in to give a seminar and Q&A session. Provide Incentives. Ready to chat? Contact us today.

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Multimedia Communications a Must-Have to Remain Relevant with Today’s Workforce

GuideSpark

Recent GuideSpark research found that HR teams are mostly using traditional communication tools, like email (75%), printed materials (63%), and live seminars (46%). According to a Flurry article, for the first time in the Q3 of 2014, users spent more time on mobile devices than watching TV. Half of YouTube views are on mobile devices.

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Five Ways to Attack the Pay Inequity Issue Head-On

TalentCulture

The American Association of University Women (AAUW) recently released a report “ The Simple Truth about the Gender Pay Gap” (Spring 2016) ” that states, “in 2014, women working full time in the United States typically were paid just 79 percent of what men were paid, a gap of 21 percent.” Here’s a look at the preliminary form. Walk the Talk.

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Best Benefits for Engineering Firms

Winston Benefits

And competition will only grow; according to the Bureau of Labor Statistics , employment in engineering is expected to grow 4 percent between 2014 and 2024, with higher growth rates in biomedical, environmental and civil engineering. Siemens provides staff restaurants and stress management seminars at some locations.