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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality. This could include health benefits, time off, retirement assistance, etc.

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How to Design an Employee Benefits Program Effectively

Empuls

Employee benefits statistics to support why they are so important in 2023 Employee benefits are important for several reasons: They can help companies attract and retain top talent. In a competitive job market, prospective employees often consider the benefits package as a major factor in their decision to accept a job offer or not.

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What are Total Rewards: Here’s A Holistic View

Empuls

Variable pay. Supplementary pay. Retirement benefits. Legal benefits. Variable pay - Also called ‘pay at risk,’ this part of the salary package has to be ‘earned’ by meeting or exceeding certain defined criteria. Only hard work pays off! What are benefits?

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