HR Digest

DECEMBER 2, 2023

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.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Higginbotham

OCTOBER 14, 2022

This can be done through salary and wages, but it can also be done through benefits, and the latter can be better in some ways. A Glassdoor survey found that 80 percent of employees prefer additional benefits over a pay raise. Other Key Benefits. Putting Together an Employee Benefits Package for Small Business.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Hppy

DECEMBER 25, 2023

Experts agree on the crucial role of benefit packages in determining job satisfaction and company loyalty among employees. Retirement: Often in the form of pension plans or 401K contributions that ease future financial burdens for your employees. This comparison offers valuable insights for coaching your own strategy.

Employee Benefits 45

Employee Benefits Benefits Package 401(k) Parental Leave 45

Vantage Circle

JULY 5, 2019

Consider the 401K plan, which is also a financial benefit existing way before than other benefits that organizations opt for. In the wake of the Great Depression, employers started to add benefits package not only to retain and attract best talents but also in order to support their employee's personal needs and goals.

401(k) 90

401(k) Finance Retirement Plan Education 90

eni

OCTOBER 18, 2018

When building a benefits package for an ever-changing workforce, you may feel a bit overwhelmed trying to integrate support solutions with employee struggles. Therefore, other efforts to minimize financial stressors may simply include 401K matching and transparency around pay raises and bonuses.

401(k) 68

401(k) Financial Counseling Pay Raise Benefits Package 68

Empuls

MAY 7, 2023

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.

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

Vantage Circle

AUGUST 23, 2018

While there are many factors which may cause this, one of the main reasons is repetitive and tedious benefits. Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Top 7 Benefits Millennials Want.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63