Remove 401(k) Remove Benefits Package Remove Bonuses Remove Profit Sharing Plan
article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Bonuses for top performers and performance reviews with the chance of a hike are also good motivators. Other employee retention examples include comprehensive benefits packages that are tailor-made to suit the employees’ welfare. This could include health benefits, time off, retirement assistance, etc.

article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

The survey also found that 80% of employees would choose additional benefits over a pay raise. When looking for a new job, any self-respecting employee would look at the complete benefits package. Many of these benefits will comprise something called "fringe benefits." Commuter benefits.

PTO 106