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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Review popular employee retention strategies and why they work to retain key employees. Image courtesy – Shutterstock ) Employees leave for many reasons, and while some include personal conditions like health and relocation of the family, there are many that pertain to the organization.

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What are Total Rewards: Here’s A Holistic View

Empuls

Employee total rewards are a combination of benefits, compensation, and rewards that employees receive from their organizations, including wages and bonuses, rewards, performance recognition, workplace flexibility, career opportunities, etc. Variable pay. Supplementary pay. Retirement benefits.

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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

This entails conducting regular performance reviews wherein employees receive constructive feedback and acknowledgment for their achievements. Tangible rewards, such as bonuses or pay raises, can complement non-monetary incentives like public recognition, additional vacation days, or opportunities to attend conferences and seminars.