article thumbnail

What Factors Drive Employee Loyalty?

HR Digest

Employee loyalty is like sand. Retaining employees has never been an easy nut to crack. There are a hundred and one things you could improve about your retention strategy, but there’s always that one thing that makes the employees feel ignored and makes them leave. But what exactly does employee loyalty mean?

article thumbnail

Employee Loyalty- 3 Things to Understand & How to Improve It

Vantage Circle

Employee loyalty is one of the most desirable traits in the workforce. The sense of reliability that a company can count on its employees to support them goes a long way in achieving success. With the current uncertain business environment, employers need loyal employees to help them grow together.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a total rewards model?

PeopleKeep

If your small business struggles to attract and retain top talent, you might be tempted to offer a more competitive salary. While higher compensation can help, many factors influence whether a job candidate will apply to work at your organization or if a current employee will stay.

article thumbnail

Choosing the best workplace pension for your business

Employee Benefits

Defined benefit pensions guarantee a specific retirement income based on factors like salary and length of service. On the other hand, a defined contribution pension depends on contributions from the employer and the employee, which are invested to grow over time. This operates on the same principle as Salary Sacrifice.

Pension 96
article thumbnail

Furlough vs. Layoff: What’s the Difference?

HR Lineup

.” While these terms are sometimes used interchangeably, they actually represent distinct employment situations with different implications for both employees and employers. In this article, we will explore the key differences between furloughs and layoffs. Furlough vs. Layoff 1.

article thumbnail

Top Strategies for Hiring During Recession

HR Lineup

In this article, we will discuss some of the top strategies for hiring during a recession that can help businesses navigate through these uncertain times and secure the right talent for their needs. Identify employees with potential and provide them with training and development programs to enhance their skill sets.

article thumbnail

Employee Retention Survey: All You Need To Know (+ Sample Questions)

Vantage Circle

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. This article sheds light on how these surveys can be a game-changer for organizations seeking to understand and enhance their employee experience.