HR Digest

DECEMBER 2, 2023

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. 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.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

SnackNation

MAY 13, 2016

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]. What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. If salaries don’t always move the needle, what does? There are perks that come with health insurance on the employer side as well.

Pay Raise 73

Pay Raise 401(k) Food Health Insurance 73

Hppy

DECEMBER 25, 2023

Furthermore – as reported by Gallup – 49% of employees are thinking about leaving their job, and only 27% would recommend their employer to others. As you can see, retaining key players in your team means more than just paying competitive salaries. Other perks are pivotal in this context.

Employee Benefits 45

Employee Benefits Benefits Package 401(k) Parental Leave 45

Vantage Circle

NOVEMBER 30, 2022

According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise. Not just salary. Life insurance. Stock options.

PTO 105

PTO Profit Sharing Plan Bonuses Paid Leave 105

Vantage Circle

AUGUST 23, 2018

These are benefits given over and above salaries and wages. 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. Below listed are some employee benefits which employees feel are better than pay raises: Health Insurance.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

Empuls

OCTOBER 4, 2021

"   -   Keith Reynolds PepsiCo By taking a total rewards approach - a combination of salary, benefits, incentives, rewards, and engagement- the whole shebang, focusing on all aspects of the employee’s wellbeing. Variable pay. Supplementary pay. Only hard work pays off! Overtime wage. Paid leaves.

Bonuses 52

Bonuses Paid Leave Salary Benefits Package 52

Empuls

MAY 7, 2023

As an employer, you are responsible for keeping your employees happy, motivated, and engaged. Employee benefits are a set of incentives, perks, and privileges an employer provides to their employees in addition to their regular salaries and wages. What are employee benefits?

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40