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While specific percentages vary, the general consensus is that employees with access to health benefits are more likely to remain with their employer and perform better. Satisfied employees are more engaged and productive, directly contributing to the organization's success.
Quick look: 2023 is coming to a close, a time when many HR professionals review the year’s key trends and what aspects of them may remain relevant in 2024. Additionally, evolving employment laws and regulations continued to make headlines, as did the ongoing need for businesses to turn to trusted HR outsourcing partners.
It could be: Voluntary (resignation) Involuntary (layoff or firing for performance, conduct and behavioral issues) A mutual agreement that the employment arrangement isn’t a good fit for either the employee or company. When it comes to an employee termination, the steps leading up to the actual conversation might be the easier part.
employees have access to paid leave through their employers, and under 5% of new dads take off two or more weeks following the birth, adoption, or fostering of their child. Dads are more involved than ever in their children’s lives, signaling a need for employers to demonstrate they understand and support familial responsibilities.
Beyond keeping folks in interesting job roles and paying them a good wage, there are other things that you can do to add value to their work experience. The good news is that it can take on many different forms and include everything from providing training to help them to perform better in their jobs to improving the ambiance in your office.
Comprehensive employee benefits packages are essential for organizations to attract and retain top talent, and they are especially critical for small businesses to compete with larger competitors. What are employee benefits? Why is important to offer employee benefits?
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