Business Management Daily

NOVEMBER 8, 2023

Gift cards, company swag, and recognition plaques pale in comparison to a fatter bank account. Paid time off isn’t just a nice perk—it’s good business sense when preventing burnout while boosting retention and employee engagement. Money doesn’t keep employees from leaving a company or suffering burnout—appreciation does.

Bonuses 52

Bonuses Employee Recognition PTO Software 52

Insperity

SEPTEMBER 8, 2022

Although most of the categories below can be included in a retention strategy, the big three to think about are: Competitive salaries and benefits – Review your salary structure , bonus programs employee benefits and other employee recognition programs to see where you have room to make improvements.

PTO 103

PTO Bonuses Employee Retention Recruitment 103

Insperity

SEPTEMBER 10, 2019

The good news is simple employee recognition can reignite enthusiasm and remind employees that you care. And it doesn’t need to break the bank. For instance, in companies with perks like paid-time off (PTO), spring may afford staff members the chance to do a little gardening, take a day trip or repaint their home office.

Overtime 64

Overtime Healthcare Pay Raise PTO 64

Vantage Circle

JANUARY 9, 2024

However, the breakdown of Paychex’s customer base by company size hints that their focus is on small businesses (1-50 employees), which caters to 58% and mid-sized businesses (51-999 employees) and enterprise businesses (1,000+ employees) at 29% and 13% respectively.

Software 64

Software Payroll Global Payroll Human Resources 64