Vantage Circle

MAY 15, 2024

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The cost of employee turnover can be significant, often estimated to be 1.5

Employee Recognition 105

Employee Recognition Bonuses Utilities Financial Compensation 105

Achievers

AUGUST 4, 2022

Salaries matter, but if given the choice between working at an organization that offers higher pay and one with a reputation for providing a variety of exceptional incentives and other forms of recognition, many employees would choose the latter. Total rewards doesn’t just pertain to financial compensation ?

Financial Compensation 187

Financial Compensation Employee Recognition Employee Incentives Employee Retention 187

Vantage Circle

AUGUST 16, 2021

A bonus is paid to an employee as an incentive to perform well throughout the year. Many companies are also willing to pay retention bonuses to keep employees on board. A retention bonus is financial compensation paid to employees who have remained with their organization for a specific length of time.

Employee Incentives 52

Employee Incentives Bonuses Retirement Plan 401(k) 52

Vantage Circle

NOVEMBER 23, 2023

Employee perks are the enticing extras employers offer their staff, going beyond the regular paycheck to make the workplace more inviting and fulfilling. These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities.

Family and Medical Leave Act 65

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 65

Vantage Circle

JUNE 28, 2019

Rewards can be in the form of bonuses, salary hikes or monetary incentives. However, rewards can also be in the form of non-financial compensation such as company awards, promotional opportunities and more interesting projects. Related Article: 32 Rewards and Recognition Ideas to Boost Employee Recognition.

Non-financial Compensation 45

Non-financial Compensation Financial Compensation Construction Bonuses 45