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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

One of the biggest factors affecting American employees is stress and burnout and the survey reflects these sentiments, with respondents saying they all want more flexibility in their work. By enhancing benefits packages with an emphasis on physical, mental, financial and social well-being, employers can channel these concerns into action.

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Top Strategies to Reduce Employee Turnover in 2024

HR Lineup

Companies must adapt their retention strategies to cater to the needs of remote employees and mitigate the challenges associated with virtual collaboration. Employee Well-being and Mental Health: The recognition of employee well-being as a cornerstone of organizational success has gained prominence.

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The Role of HSAs in Maximizing Retirement Benefits

Benefit Resource Inc.

As an employer or HR manager, you’re constantly seeking ways to enhance your employee benefits package, ensuring it not only attracts top talent but also supports their financial well-being throughout their careers and into retirement. One often-overlooked gem in the world of benefits is the Health Savings Account (HSA).

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Leveraging Stay Interviews and Low-Cost Benefits for Improved Employee Retention

PeopleStrategy

Finally, how organizations handle employee departures can significantly impact their employer brand and reputation. Conducting respectful offboarding interviews demonstrates a commitment to employee well-being and professional development, enhancing the organization’s reputation as an employer of choice.

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Examples of fringe benefits by category

Business Management Daily

Make it easy for employees to handle those matters, and set your company apart as one that cares about employee well-being. These non-monetary benefits add value to an employee’s life and foster a sense of belonging within the company.

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

This shift in focus has led to a growing emphasis on fostering a workplace culture that supports and prioritizes mental wellness.   Employee assistance programs (EAPs) provide confidential counseling services to help employees navigate personal and work-related challenges.

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The future of benefits: Adapting to changing employee expectations

Higginbotham

With unemployment holding steady at well below the long-term average , competition for top talent remains intense. To continue recruiting and retaining the best people in this labor market, business owners and HR professionals must prioritize enhancing employee well-being and job satisfaction.

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