HR Digest

DECEMBER 2, 2023

Other employee retention examples include comprehensive benefits packages that are tailor-made to suit the employees’ welfare. This could include health benefits, time off, retirement assistance, etc. Here, other forms of monetary compensation are useful as well.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

HR Lineup

FEBRUARY 1, 2024

Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. Crafting a comprehensive benefits package that meets the diverse needs of employees while staying competitive in the job market is a key responsibility for HR.

Bonuses 62

Bonuses Commissions Salary Overtime 62

Vantage Circle

JULY 13, 2021

Some non-monetary rewards include opportunities to learn and grow, extra time off, profit-sharing plans , wellness memberships, etc. It's a guaranteed strategy that boosts profits, employee retention, and employee satisfaction. Also Read: Top 9 Non-monetary Incentives To Motivate And Retain Your Employees.

IT 52

IT Bonuses Employee Retention Benefits Package 52