Employee Benefits

JULY 26, 2023

Nearly half (48%) of employers have boosted investment in their benefits package over the last 12 months in response to economic climate changes, according to research by benefits provider Zest. Salary (46%) was the next largest factor, followed by demands for better employee benefits packages (43%).

Benefits Package 98

Benefits Package Employment Salary Benefit Providers 98

HR Lineup

MAY 10, 2024

In this article, we delve into the top strategies for reducing employee turnover in 2024, offering insights and actionable steps for employers to enhance retention efforts. Stress Management Resources: Implement stress management programs and resources to help employees cope with workplace stressors and maintain a healthy work-life balance.

Benefits Package 81

Benefits Package Flexible Spending Account Employee Retention Flexible Spending 81

Money Talk

AUGUST 18, 2022

Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: ¨ recruit and retain talented employees (e.g., Like vacation time.

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Family and Medical Leave Act Employee Benefits Paid Vacation Paid Sick Leave 184

Best Money Moves

NOVEMBER 3, 2021

The employee benefits needs of the post-pandemic workforce look very different than they have in the past. Employers need to take notice. Sixty-five percent of employees are stressed about their finances due to the pandemic, according to a the 2022 Trends in Benefits report, costing the employers around the country a total of $4.7

Benefits Package 111

Benefits Package Work From Home Finance Healthcare Benefits 111

Insperity

OCTOBER 17, 2023

It’s the question employers are constantly asking: How do I get my employees to stay for the long term ? Compensation and benefits When employees leave a company, it’s often in search of better pay and benefits.

Employee Retention 102

Employee Retention 401(k) Benefits Package Construction 102

Stratus.HR

JULY 7, 2021

A 2021 survey of 150 employers from various industries sheds light on what employers are currently offering for employee benefits, specifically with respect to challenges exacerbated by the COVID-19 pandemic. Benchmarking Employee Benefits: Paid Time Off (PTO). Benchmarking Employee Benefits: Recruiting and Retention.

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Employee Benefits Paid Sick Leave PTO Paid Leave 83

CorpStrat

FEBRUARY 1, 2023

A lot is uncertain but one thing is clear: employers will struggle to compete for top talent. While most employers project an increase in salaries in 2023, many will look beyond pay alone to help attract and retain current and prospective employees. Employees want the flexibility to work when and where they want.

Benefits Package 52

Benefits Package Workplace Flexibility Employee Retention Payroll 52