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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. In her book Keeping the People Who Keep You in Business , Leigh Branham recommends companies actively work to retain key employees, at least the top 80 percent.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

Chapter 7: Some Useful Resources and Books on Total Rewards. It includes the money paid to employees in wages, salaries, bonuses, perks, and other intangible benefits. Some non-monetary rewards include opportunities to learn and grow, extra time off, profit-sharing plans , wellness memberships, etc.

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