WEX Inc.

MAY 29, 2024

Supporting employees throughout their lifecycle is essential for improving engagement, loyalty, and long-term satisfaction in the workplace. By optimizing employee benefits and creating a supportive environment, employers can enhance the employee experience at every stage of their journey, from onboarding to retirement.

Retirement 98

Retirement Retention and Turnover Employer Branding Onboarding 98

Abel HR

NOVEMBER 5, 2024

Employee retention is a critical aspect of business success. High turnover rates can lead to increased costs, disrupted productivity, and a loss of valuable knowledge. At Abel HR, we specialize in maximizing employee benefits and ensuring regulatory compliance, allowing you to focus on growing your business.

Retention and Turnover 52

Retention and Turnover Team Building Retirement Compliance 52

Extensis

DECEMBER 20, 2023

Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles. On the other hand, many employees are choosing to work past the traditional retirement age or return to work after retiring.

HR Trends 102

HR Trends HR Software HR Planning Trends 102

Extensis

SEPTEMBER 27, 2023

Therefore, in order to protect their investments, it’s wise for companies to engage in strategic retention efforts. After all, what attracts a job candidate may not be what keeps them as employees for the long term. Today’s employees expect healthcare coverage and retirement plans to be part of the standard.

Employee Benefits 105

Employee Benefits Planning Tools HR Software Recruiting Software 105

Peoplebox

MAY 28, 2024

Turnover and attrition are two critical human resources metrics that measure employee departures. In this blog post, we will examine the differences between turnover vs attrition and explore their impact on organizational dynamics, employee retention strategies, and overall workplace stability.

Hiring Software 52

Hiring Software Retention and Turnover Onboarding Software Planning Tools 52

Achievers

FEBRUARY 2, 2021

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

Employee Benefits 237

Employee Benefits Hiring Software Recruiting Software Planning Tools 237

Hppy

FEBRUARY 14, 2021

Every HR team’s goal is to keep their employee for as long as possible because it can reduce cost and time and boost employee engagement. Employee retention is becoming a common practice in a business, large or small. One excellent solution to addressing some company’s problem is employee retention. .

Retention and Turnover 172

Retention and Turnover Interview Software HR Software Planning Tools 172

Empuls

AUGUST 28, 2024

This not only highlights the importance of employee benefits in fostering loyalty and satisfaction but also underscores the potential risks for companies that fail to prioritize this aspect of their compensation strategy. What are employee benefits providers? This reduces the administrative burden on HR departments.

Employee Benefits 40

Employee Benefits Planning Tools Assessment Software HR Software 40

Extensis

APRIL 2, 2024

Quick look: Each April, National Employee Benefits Day raises awareness of the importance of offering a strong employee benefits package. However, to make the most impact, SMB employers should carefully monitor benefits trends and their workforce’s needs year-round. Employee benefits are a big deal.

Employee Benefits 64

Employee Benefits HR Planning Hiring Software Harassment 64

HR Digest

DECEMBER 2, 2023

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

Strategy 96

Strategy Retention and Turnover Planning Tools Onboarding Software 96

Analytics in HR

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. Contents What are employee benefits? Why are employee benefits important?

Employee Benefits 116

Employee Benefits HR Software Wage and Hour Training Planning Tools 116

Extensis

AUGUST 9, 2022

Quick Look: Adapting to trends while also focusing on what employees really want is essential to maintaining low turnover and an engaged work environment. SHRM has recently published its 2022 Employee Benefits Survey which shows the trends worth paying attention to as employers prepare for the upcoming benefits renewal season.

Employee Benefits 97

Employee Benefits Survey Trends Video Recruiting 97

Analytics in HR

MARCH 16, 2023

Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue. If you want to develop and retain employees, it’s important to balance the career aspirations of the employee with the short and long-term goals of the business.

AI Recruiting 121

AI Recruiting HR Software Strategy Hiring Software 121

6Q

JUNE 4, 2023

So, when employees are leaving the organisation in droves, it becomes a major cause for concern. A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company.

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Best Of HR

AUGUST 30, 2024

What Are Tips for Outsourcing Employee Benefits? Navigating the complexities of employee benefits can be a daunting task, so we’ve gathered insights from top HR leaders including Recruitment Team Leads and CEOs. How to Do It: Assess Needs: Start by surveying employees to understand their top priorities (e.g.,

Employee Benefits 40

Employee Benefits Hiring Software Recruiting Software HR Software 40

HR Lineup

MARCH 29, 2024

Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. While these costs are not directly attributable to individual employees, they contribute to the overall cost of doing business and supporting the workforce.

Hiring Software 52

Hiring Software Wage and Hour Training Assessment Software Recruiting Software 52

HR Lineup

SEPTEMBER 27, 2024

HCM (Human Capital Management): This goes beyond a mere database and focuses on the management of employees as valuable assets. It includes talent acquisition , performance management, and employee engagement, aiming to optimize workforce productivity and retention. Think of it as the HR software focused on record-keeping.

HR Software 52

HR Software Onboarding Software Planning Tools Recruiting Software 52

Empuls

AUGUST 27, 2024

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.

Employee Benefits 40

Employee Benefits HR Planning Employer Branding Retention and Turnover 40

HR Digest

FEBRUARY 10, 2023

When you’re starting a new job , it can be overwhelming to learn about all the benefits that are available to you. But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters.

Employee Benefits 52

Employee Benefits Examples Retirement Retention and Turnover 52

Hppy

FEBRUARY 10, 2023

All of your competitors are working hard for the same talent, but there is one way to stand out – employee benefits. Top talent is increasingly weighing benefits as part of the job offer, with some even leaving good positions in search of better benefits. When companies invest in employees, employees are more loyal.

Employee Benefits 91

Employee Benefits Hiring Software Strategy Retirement 91

HR Digest

APRIL 4, 2023

One way they are doing this is by offering non-traditional employee benefits. These benefits go beyond traditional healthcare and retirement plans and can range from flexible work arrangements to company-sponsored vacations. What are non-traditional benefits? Pros of Non-Traditional Employee Benefits: 1.

Employee Benefits 69

Employee Benefits Retention and Turnover Retirement Employee Engagement 69

Extensis

SEPTEMBER 6, 2024

Quick look: 401(k)s are the most popular retirement plans in the U.S. While their advantages for employees are well known, they also have tremendous benefits for business leaders. When people think of a retirement savings plan, many think of a 401(k). trillion in DC plans at the end of 2023. Who has a 401(k)?

Planning Tools 103

Planning Tools Retirement Hiring Software Recruiting Software 103

6Q

AUGUST 17, 2023

To create an effective and long-lasting team of dedicated workers, you must first understand what causes low employee retention rates. Retaining employees is vital to the success of any organisation. When you keep the employee retention rate high, you save on hiring costs and precious training time.

Hiring Software 98

Hiring Software Wage and Hour Training Retention and Turnover Sexual Harassment 98

HR Management

JUNE 6, 2023

Many organizations are experiencing significant staff turnover rates and high expenditures due to the Great Resignation. Are you an employer that is concerned about retaining your employees? Companies need to improve on high turnover and retention issues. Do you feel like you’re in the same boat?

Recruiting Software 52

Recruiting Software Planning Tools Retention and Turnover HR Software 52

Payactiv

MARCH 22, 2022

The turnover rate near double creates the perfect storm. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. While many healthcare recruiters blame the Great Resignation for the high turnover rates, it’s hardly the only culprit. Hiring is a multi-layered process. A quarter of U.S.

Industry 52

Industry Hiring Software Staffing Software Wage and Hour Training 52

Best Money Moves

JULY 14, 2021

4 ways financial wellness can boost employee retention. Retention is an increasing problem in the post-COVID workforce. Financial wellness benefits could be the solution employers need. . In the post-COVID world, retention is an increasingly complex problem that organizations are struggling to solve. .

Wellness 116

Wellness Planning Tools HR Software Retention and Turnover 116

Extensis

NOVEMBER 5, 2024

Now, recent research further cements this in three key areas: Greater growth rate Lower employee turnover rate Advanced business resiliency These are all indicators of long-term success and show how expanding a HR strategy to include a PEO partner can save SMBs significant time, costs, and stress.

HR Software 105

HR Software Planning Tools Recruiting Software Report 105

Zalaris

JULY 25, 2024

High employee turnover can be costly, both in terms of recruitment expenses and the loss of institutional knowledge and expertise. By prioritising employee satisfaction and implementing effective retention strategies, companies can minimise these costs and maintain a stable, skilled workforce.

Compensation 52

Compensation Bonuses and Incentives Recruiting Software Planning Tools 52

Vantage Circle

SEPTEMBER 11, 2023

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. Importance of Having an Employee Benefits Platform in Place 1. Let's delve in.

HR Software 52

HR Software Planning Tools Onboarding Software Hiring Software 52

Staffbase

JULY 5, 2024

In today’s work environment, two challenges stand out: retaining talent remains difficult, and effective employee retention strategies must be tailored to the individual. That’s where the power of employee retention comes in. What is employee retention? Why do you need an employee retention strategy?

Retention and Turnover 52

Retention and Turnover Hiring Software Planning Tools Onboarding Software 52

DailyPay

AUGUST 7, 2018

Similar to many of their peers in the senior care industry, Christian Horizons was plagued by high employee turnover rates—the industry average is about 80-90%. Staff turnover and attrition pose a risk for patient care. Understaffing also leads to even higher turnover rates and exorbitant overtime payouts.

Employee Engagement 52

Employee Engagement Staffing Software Hiring Software Retention and Turnover 52

Extensis

JULY 24, 2024

Quick look: A comprehensive total rewards strategy is just that: rewarding (for businesses and employees alike). Total rewards include compensation, benefits, well-being initiatives, and recognition, and help companies increase productivity, retention rates, and talent acquisition success.

Hiring Software 98

Hiring Software Assessment Software HR Planning Planning Tools 98

Extensis

APRIL 6, 2023

Quick look: National Employee Benefits Day occurs each April and brings awareness to the importance of offering a strong employee benefits package. However, to make the most impact, SMB employers should carefully monitor benefits trends and their workforce’s needs year-round. Employee benefits are a big deal.

Employee Benefits 52

Employee Benefits Hiring Software Harassment Planning Tools 52

Workify

SEPTEMBER 23, 2022

Indeed, this has been one of the key influencers of employee turnover during the Great Resignation. A recent study found that 43% of respondents cited insufficient benefits as a reason they left a job during this period. This is where employee benefits surveys can help. Why Perform a Survey on Benefits?

Employee Benefits 52

Employee Benefits Survey How To Bonuses and Incentives 52

HR Management

JULY 25, 2022

Employee turnover is constantly increasing by the minute. However, 20% of turnover happens in the first 45 days of work at a new company, and the turnover is 10 times higher in the first year. As a result, by 2030, the US is projected to lose $430 annually due to low talent retention. Retirement benefits.

Employee Benefits 52

Employee Benefits Planning Tools Recruiting Software HR Software 52

Analytics in HR

MAY 10, 2023

Administrative responsibilities As part of HR’s administrative responsibilities, HR professionals maintain accurate and secure employee records, manage employee benefits , and oversee payroll processes. Plus, HR makes sure that employees are paid accurately and on time, while checking compliance with tax laws and regulations.

Talent Management 84

Talent Management HR Software Compliance Onboarding Software 84

Payactiv

MARCH 31, 2022

Experts have proposed several solutions to end the labor shortage and, in this article, we’ll focus on how employee benefits can help resolve this problem for companies and consumers alike. Many workers haven’t returned to work because they decided to switch careers in the pandemic, while others retired early.

Hiring Software 52

Hiring Software Employee Benefits Recruiting Software PayActiv 52