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Cracking the Retention Code: Why Do Call Centers Have High Turnover Rates?

Payactiv

per hour, which amounts to a total yearly salary of about $38,000 for full-timers. Long Hours Call centers are typically staffed during the evenings, weekends, and holidays. The cost of recruiting, hiring, and training new agents. It’s pretty simple to calculate your organization’s turnover as a percentage. Let’s explore.

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How to Offer More When Your HR Budget Is Maxed Out

Payactiv

If you can’t offer a financial incentive for qualified referrals, consider alternative perks such as extra-long lunch hours or early finishes every Friday for a month. If you can’t offer a financial incentive for qualified referrals, consider alternative perks such as extra-long lunch hours or early finishes every Friday for a month.

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Retail: Seasonal Hiring

Payactiv

In response, retailers are increasing benefits to attract new hires, including higher pay and incentives such college tuition assistance, hiring bonuses, and quick access to earned pay. Retailers are ready to hire as the economy recovers and consumers return to retail shopping after the pandemic slow-down. Download Now.

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Building a Legacy of Equity: How Companies Can Honor MLK Day by Building Hourly Workers’ Financial Resilience

Payactiv

Free Financial Education, Resources, and Tools Introduce free workshops, seminars, 1-on-1 professional counseling services, and online/mobile resources that provide your employees with financial education on topics like budgeting, debt management, saving, and investing. On January 20, 2025, the Dr. Martin Luther King, Jr.

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Different Types of Employee Benefits: A Guide for Businesses

Empxtrack

These are non-wage compensations provided to employees in addition to their regular salaries. The benefits include health insurance, retirement plans, paid time off, and wellness programs. Paid Time Off (PTO) This category includes vacation days, sick leave, and personal days. Employee benefits make work more rewarding.

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March Forward with These 5 Goals to Boost Employee Productivity

Payactiv

During an 8-hour workday, the average employee spends only 4 hours and 12 minutes actively working. Provide Incentives Acknowledging people when they go above and beyond will motivate them to be even more productive. You can award these incentives randomly or establish a formal incentive program.

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Structuring Competitive Compensation Packages for UAE Talent

Bayzat

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Therefore, it is essential to have a well-structured and competitive compensation package for your employees to attract, retain, and motivate top talent.