Employee Benefits
JUNE 28, 2023
Benefits on offer at Fox Agency: Pension Salary sacrifice pension arrangement; employees are automatically enrolled after three months’ service. Employee contribution 5% and employer contribution 3%. Employee assistance programme: 24-hour helpline for all issues and telephone counselling if required.
Insperity
SEPTEMBER 1, 2022
Of course, there’s always the option of raising salaries commensurate with inflation. This would be a popular option with employees. However, from employers’ perspective, the cost of living doesn’t necessarily equate with the cost of labor – and it’s the latter that determines salaries.
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Insperity
NOVEMBER 15, 2022
Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( Be legally compliant.
Insperity
AUGUST 12, 2021
What’s fueling post-pandemic employee turnover. Amid business closures and industrywide downturns, and with the ensuing widespread layoffs or reductions in salary and benefits, uncertainty reigned. As a result, employees’ sense of loyalty may have diminished. At the height of the pandemic, everyone seemed to hunker down.
Achievers
JUNE 19, 2018
Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. These statistics are highlighted by Rich Hein , senior managing editor of CIO Magazine.
Insperity
NOVEMBER 15, 2022
Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( Be legally compliant.
Insperity
OCTOBER 17, 2023
Among their many valuable benefits, in-house HR teams and PEOs play an important role in directly impacting some of the major factors influencing employees’ decisions to leave or stay, as well as supporting management in deploying a successful employee retention strategy.
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