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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

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. Bonuses for top performers and performance reviews with the chance of a hike are also good motivators.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

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. Profit-sharing Plans.

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