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Top Six Employee Recognition Trends of 2024

Vantage Circle

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The cost of employee turnover can be significant, often estimated to be 1.5

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7 ways to support employees during economic inflation

Insperity

Of course, there’s always the option of raising salaries commensurate with inflation. This would be a popular option with employees. However, from employers’ perspective, the cost of living doesn’t necessarily equate with the cost of labor – and it’s the latter that determines salaries.

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12 Employee Perks That Help Your Company Win in India?

Vantage Circle

Employees are the fuel to any organization, and when their needs are met, they perform better and stay engaged and happier in their jobs. What are Employee Perks? Employee perks refer to additional benefits, incentives, or advantages provided by an employer to their employees, beyond the basic salary and standard benefits.

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Innovative Ways to Improve Employee Retention

HR Digest

Offer flexible work arrangements One of the most significant ways to decrease staff turnover rates is to offer flexible work arrangements. Employees value the ability to work from home or have flexible work hours.

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

What’s fueling post-pandemic employee turnover. Amid business closures and industrywide downturns, and with the ensuing widespread layoffs or reductions in salary and benefits, uncertainty reigned. As a result, employees’ sense of loyalty may have diminished. Some companies now offer bonuses and other perks to entice candidates.

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Top 20 Examples of Employee Incentive Programs

Vantage Circle

To simplify things, I have classified the examples of employee incentives programs into two major categories: monetary and non-monetary incentives. A bonus is paid to an employee as an incentive to perform well throughout the year. Many companies are also willing to pay retention bonuses to keep employees on board.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Highlights Meaning of employee benefits Imoprtance of employee benefits Types of employee benefits Legally mandatory benefits Popular employee benefits Creative and budget-friendly benefit ideas What Are Employee Benefits? Employee benefits are the indirect and non-cash compensation paid to an employee.