Vantage Circle

AUGUST 21, 2022

Though every sales team member works towards maximizing customer conversion and retention, they do not share the same responsibilities. Besides, they can build a strong talent pipeline and work towards motivating the team to improve and acquire leadership positions in the firm, thereby ensuring talent retention.

HR Planning

HR Lineup

AUGUST 7, 2023

When employees are satisfied with their work, they tend to be more engaged, motivated, and committed, which ultimately leads to improved performance and reduced turnover rates for organizations. Compensation and Benefits: Fair and competitive pay, along with attractive benefits packages, can enhance job satisfaction.

Retention and Turnover

Extensis

MAY 24, 2022

Quick Look: In the midst of the highest inflation rate since 1981 and spiking costs for healthcare plans, CFOs are feeling the impact of this double-whammy situation. Though statistics show the Great Resignation is beginning to plateau, the shift in compensation expectations remains. Uncover hidden retention costs.

Planning Tools

Vantage Circle

DECEMBER 21, 2022

The benefits an engaged workforce brings are hard to ignore. Improves employee retention. Turnover Rate. Employee turnover rate is an important KPI as it indicates the satisfaction of the employees and the likelihood of them remaining as a part of the company. This KPI evaluates the retention rate of the company.

Employee Engagement

AIHR

MAY 23, 2022

Employee-centric culture benefits organizations in many ways, from improved productivity and retention to serving their customers better. Let’s dive into the definition and benefits of an employee-centric culture, plus explore how to foster such a culture at your organization. Reduced employee turnover. Conclusion.

Hiring Software

Zenefits

MARCH 4, 2021

When market conditions are good, with a wealth of available talent to choose from, retention is important. When market conditions are poor, retention is critical. Keeping employees on staff and reducing turnover requires a host of initiatives and core policies. Every staff member is integral to maintain productivity and morale.

Retention and Turnover

HR Lineup

MAY 30, 2023

Born between the mid-1990s and early 2010s, this generation possesses unique characteristics and expectations that require organizations to adapt their recruitment and retention strategies. The emergence of Generation Z (Gen Z) in the workforce brings a fresh wave of talent, creativity, and technological savvy.

Recruiting Software

Empuls

JANUARY 29, 2024

On top of that, a company with high turnover rates may suffer from a bad reputation, affecting its overall morale. This article will highlight the importance of and discuss some employee retention trends to watch out for in 2024. What is employee retention and why does it matter? What are the employee retention trends in 2024?

Hiring Software

AIHR

FEBRUARY 10, 2023

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Which benefits an organization offers will vary according to its business situation and location.

Employee Benefits

i4cp

NOVEMBER 4, 2022

This included the JOLTS (Job Openings and Labor Turnover Summary) data on Tuesday , and then The Employment Situation report on Friday. The latest data from the U.S Bureau of Labor Statistics (BLS) was released this week. The JOLTS data is current through September (preliminary), while the employment data is for October (preliminary).

Data

Payactiv

JUNE 15, 2016

Gregory’s employer wanted to increase his salary, to increase his retention at work, as there was a shortage of skilled labor during and after the war. Healthcare as a benefit became employer’s key differentiator for retention and engagement. Soon, this notion of healthcare became vogue.

Wellness

Cisive

NOVEMBER 13, 2023

Effective offboarding can improve your company’s reputation, morale, and retention rate. When they see that the company treats outgoing workers fairly, it can boost morale and improve your retention rate. Over time, this information aids in identifying trends in employee tenure and turnover.

Onboarding Software

Terryberry

OCTOBER 16, 2023

Employee well-being is a critical aspect of human resources management and is often associated with several key components: Physical Health: This includes factors such as access to healthcare, ergonomic workspaces, nutrition, and exercise programs. This can involve fair compensation, retirement savings plans, and financial education programs.

Recruiting Software

Zenefits

NOVEMBER 26, 2021

When people are looking for their next move, they’re considering many factors, including compensation, location, and various benefits (vacation, leave, healthcare, flexible working arrangements, etc). We cover some of the most in-demand benefits below. Pay/compensation. Healthcare. Referral bonuses.

Employee Benefits

Recruiters Lineup

JANUARY 28, 2024

It’s crucial for employers to comply with these regulations to ensure fair compensation for employees working extra hours. This offer typically includes details such as job responsibilities, compensation, benefits, and other relevant terms of employment. The minimum wage may vary based on the industry and region.

Video Recruiting

Workable

NOVEMBER 18, 2021

Jobs in retail and healthcare are most at risk for high turnover due to the high demands and stress of working throughout the pandemic that caused irrevocable damage to employee loyalty. The tech industry also saw high turnover rates due to burnout , but they also had more competitive remote work options to turn to.

Retention and Turnover

Empuls

DECEMBER 17, 2024

These offerings boost engagement, retention, and satisfaction by addressing employees' diverse needs and interests, creating a work environment where people feel valued and inspired. How employee benefits changed throughout the years The landscape of employee benefits has evolved significantly over the past few decades.

Adobe

Business Management Daily

JUNE 10, 2021

What does a competitive comprehensive mental healthcare benefit look like? At a minimum, the criteria that you’ve used in the past to evaluate your overall healthcare plans should be extended to the mental health care components of your plan. Effectiveness/impact. Not all mental health therapy is the same.

Assessment Software

Zenefits

AUGUST 31, 2020

Benefits, perquisites (perks), and one-time bonuses were currency for attracting new hires and retaining current staff. Big-box retailers, some with historically high turnover rates, responded to the tight labor market by extending benefits to part-time workers. Paid parental leave. Employee discounts. Free food and coffee.

Employee Benefits

AIHR

APRIL 8, 2024

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HR acronym usage example: “Examples of a BIK include healthcare benefits, meal vouchers, retirement plans, childcare assistance, and accommodation.”

HR Planning

Vantage Circle

NOVEMBER 23, 2023

This includes opportunities for learning and development, a healthy work-life balance, a positive company culture, and an enriching environment beyond financial compensation. The absence of suitable benefits also triggers burnout among team members, causing a swift rise in employee turnover. How to Offer? How to Offer?

Planning Tools

Recruiters Lineup

DECEMBER 28, 2023

Overtime work is regulated by law, and employees are entitled to additional compensation for working beyond the regular hours. Employee Benefits in Russia Employee benefits in Russia play a crucial role in attracting and retaining talented professionals in the competitive job market.

Hiring Software

Terryberry

JANUARY 16, 2024

Healthcare Benefits: There were changes to healthcare benefits, including higher co-pays and deductibles, to ease the financial burden on the companies. Pension Plans: Changes were made to pension plans, with some adjustments and reductions in benefits to address the financial challenges faced by the companies.

Wage and Hour Training

Recruiters Lineup

DECEMBER 20, 2023

Overtime work is regulated, and employees are entitled to receive additional compensation for extra hours worked. Healthcare Benefits: Spain boasts a comprehensive public healthcare system, ensuring that employees have access to medical services. Working Hours: The standard working week in Spain is 40 hours.

Hiring Software

Recruiters Lineup

FEBRUARY 5, 2024

Minimum Wage and Working Hours: Cambodia has established minimum wage regulations to ensure fair compensation for workers. The regulations also outline the rights of employees to receive holiday pay for work performed on public holidays, providing compensation and time off for these instances.

Hiring Software