Remove Comprehensive Benefits Remove Employee Recognition Remove Employee Retention Remove Technology
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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

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8 Tried & Tested Employee Retention Strategies in the Insurance Sector [2024 Edition]

Empuls

Employee retention is a critical factor in the success of insurance companies.    Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. However, there's no need to worry. 

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Your HR budget: 6 line items to prioritize right now

Insperity

These include: Recruiting Hiring Onboarding Compensation Benefits Training Software and other technology Administrative costs It’s always good practice to re-evaluate your budget allocation and all line items routinely. Or, companies struggling with retention may need to close skills gaps, which may necessitate cross-training staff.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. Can offering employee benefits improve employee retention?

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

Empuls

Competitive compensation and benefits packages To attract and retain top-tier talent in the healthcare industry , it's vital that organizations offer competitive compensation packages in line with market standards. But beyond the basic salary, comprehensive benefits can be the deciding factor for many professionals.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

This can help organizations identify areas for improvement and make data-driven decisions about their benefits offerings. Improved Employee Retention: A robust employee benefits platform can improve employee retention by offering comprehensive benefits packages.