Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 18, 2022

In this episode of The Proskauer Benefits Brief, Proskauer partner David Teigman , senior counsel Nick LaSpina , and special guest Michelle Garrett , a principal at the compensation consulting firm Semler Brossy, discuss employee retention. David Teigman: Today, I wanted to talk about employee retention.

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Hppy

JULY 5, 2023

Employee abandonment rate is a serious bane of the business world , and while it’s not always easy to prevent it, you could use more than a few tools to make them stay. Some would argue that HR and finance are two departments that play the biggest role in employee retention (other than individual teams and team leaders).

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Hppy

MAY 13, 2021

A company’s employees are its most valuable asset, its competitive advantage and usually its biggest expense. Retaining employees will always come with a cost, but failing to do so can incur an even bigger one. Understand Incentives to Increase Employee Retention. Training and Professional Development Opportunities.

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McDermott Will & Emery Employee Benefits

NOVEMBER 9, 2023

Asserting that many employers have improperly claimed Employee Retention Tax Credit (ERTC) refunds, the Internal Revenue Service (IRS) released two new announcements that address ERTC claims.

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Insperity

FEBRUARY 5, 2019

Employee retention strategies are critical to the health your company. When a star employee submits their two-week notice, that momentum is shattered. Jill Silman Chapman | Senior Performance Consultant, Insperity Recruiting Services. Want more information to help you develop successful employee retention strategies?

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Flimp Communications

OCTOBER 11, 2019

So, let’s focus on one major factor in employee retention: new-hire orientation. New-hire orientation is the first interaction of the employee experience for official employees. New-Hire Orientation and Employee Retention. That is, until employees leave in numbers large enough to get noticed.

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Insperity

MAY 15, 2018

Isn’t it likely that a good employee will go find another job rather than continue to work in unsafe or uncomfortable conditions for too long? This is where workplace ergonomics comes in – and why it should be part of your employee retention strategy. Defining workplace ergonomics. Making ergonomics fun. You can make it fun.

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WEX Inc.

JANUARY 26, 2020

Core benefits will always play an important role in an organization's benefits strategy - but as times change, the modern workforce expects - and demands - more. With unemployment at its lowest level in nearly half a century, employers must be at the forefront of offering innovative and sought-after benefits, including "soft" benefits.

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COMPackage

OCTOBER 10, 2023

There is a growing body of research that suggests that companies that issue total compensation statements to their employees can enjoy a number of benefits, including: Improved employee satisfaction and engagement leading to increased employee retention.

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Recruitment Human Resources Consulting Employee Retention 52

Employee Benefits

JUNE 7, 2023

In order to position itself as an employer of choice, UK-based engineering consultancy Roq offers its workforce a range of benefits to attract and retain top talent. In order to ensure staff feel valued, the consultancy aims to maintain a family-friendly environment that offers employees a good work-life balance through its workplace culture.

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WEX Inc.

MAY 24, 2023

Overall, increased convenience in benefits education leads to better-informed and satisfied employees, which often translates to improved productivity, employee retention, and overall company success. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

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HR Bartender

DECEMBER 12, 2023

That will free up HR to have more meaningful and impactful employee interactions. Let’s replace the hours of work that don’t move the needle with hours of work that can truly improve employee retention and workplace culture. Artificial Intelligence can be useful and helpful, when used appropriately. Why or why not?

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Achievers

JUNE 19, 2018

Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. Productivity consultant Laura Vanderkam adds an interesting twist to this standard advice.

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Employee Benefits

JANUARY 26, 2022

Lux worked in partnership with Magenta HR on the initiative, undertaking a comprehensive consultation and pilot scheme over a period of two years. All employees are said to have welcomed the change, with Lux reporting that since the launch, its efficiency has increased by 24% and profitability has risen by 30%. “Our It’s a win-win!”

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Higginbotham

FEBRUARY 27, 2024

An employee assistance program provides services to help workers deal with professional or personal issues. Some may also offer legal consultations, childcare resources, various referral services and other types of assistance. These services are confidential and usually free for the employee. As a result, his sleep worsens.

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Workplace Insight

FEBRUARY 20, 2024

The so-called Big Four consultancy firms risk increasing their employee turnover and drastically lowering their retention if they continue monitoring office attendance, says former EY leader and CEO of AM Bank, Dr. Nahla Khaddage Bou-Diab.

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PeopleStrategy

FEBRUARY 7, 2024

It still requires a human resource employee on your team to operate, but the efficiencies gained in reduced time to run payroll, monitor time entry, and more can show an ROI and reduction in spend quickly. Making sure they have what they need to do their job and that they feel supported will keep them from looking at other places.

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Achievers

NOVEMBER 1, 2016

One-third of all employees know within the first week at a new job whether they will stay with the company for the long term. Your onboarding process should be built with employee retention as one of its primary objectives. With this in mind, it is important to focus on the quality and structure of your onboarding process.

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HR Lineup

JUNE 15, 2021

SP Tech INC is an IT Recruiting Agency and Firm specializing in IT management, consulting, and recruitment for your company. Consults from SP Tech first define what roles a company needs to fill. They also provide frequent training for employees who wish to upskill and stay relevant in their talent community.

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InterWest Insurance Services

MARCH 22, 2024

You’ll also have to set aside time for regular meetings with the acquirers, as well as any outside consultants, accountants, management or partners you have involved in managing the sale of your agency. Take the time to listen to how your employees are feeling at this stage and address any concerns they may have.

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WEX Inc.

JUNE 21, 2023

DEI can benefit a company from many different aspects, and investing in DEI hiring strategies can broaden the talent pool and increase employee retention. By addressing DEI collectively, organizations can foster a more equitable and inclusive work environment that benefits employees, customers, and the overall success of the business.

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HR Digest

SEPTEMBER 24, 2022

An image of an employee handbook. Depending on where your company is located, you should have a set of legally required employee handbook topics that’ll act as a useful resource. You may also consult with your attorney to see what kind of information you could cover in the staff handbook. What is an employee handbook?

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WEX Inc.

AUGUST 16, 2023

Increase profitability, work quality, employee productivity, and employee retention rates. These are just a few of the potential benefits businesses experience with highly engaged employees. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Subscribe to our blog !

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Business Management Daily

OCTOBER 23, 2023

Small business HR outsourcing can allow small businesses to access HR services like wider benefits offerings, employee handbook preparation, and guidance from HR experts that aren’t accessible for many new businesses without an established HR department. What is HR Outsourcing? A PEO acts as a co-employer rather than an external party.

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InterWest Insurance Services

NOVEMBER 10, 2022

Schedule video consultations with a specialist. Offering new services that include technologies that can improve your employees’ health care experience is a win-win for you and your workers. They’ll be happier with their health plans and the care they receive, and you can improve your employee retention.

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HR Digest

JUNE 23, 2023

Imagine a scenario where you are rewarded with a hefty sum of $26,000 per employee, just by gathering some data and filling out a tax form. Well, this isn’t a fantasy, it’s the reality of the Employee Retention Tax Credit (ERC). Sounds like a dream, right? However, the road to this treasure is not devoid of bumps.

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HR Digest

AUGUST 24, 2022

With 73% of Americans currently covered by their employer’s health benefits plan for prescription coverage, it’s clear that offering a strong pharmacy benefits package is critical to employee retention. The cost of doing so, however, can seem daunting. How Much Is Too Much in Healthcare Costs?

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Hppy

SEPTEMBER 19, 2023

Long-Term Impact: How a Well-Executed Onboarding Process Drives Employee Retention and Organizational Success An effective international onboarding process has a lasting impact on employee retention and overall organizational success. This exposure fosters cultural understanding and a shared global perspective.

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HR Professionals Magazine

JULY 26, 2022

With an eye on employee retention as well, more companies are offering arrangements such as student loan subsidies, remote working arrangements, and more flexibility in work scheduling. As always, working closely with your employee benefits consultant is the best course of action to navigate these unprecedented times.

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Benefit Resource Inc.

MAY 3, 2022

Whether employers choose to create a carded or non-carded program, they will be providing a custom benefit tailored for their employees. Sleep consultants, clinics, and accessories State or national park passes Stress management program Therapy that promotes emotional well-being (art therapy, flotation therapy, etc.) Family Wellness.

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WEX Inc.

JUNE 7, 2023

Encourage employee feedback and engagement to continually refine and improve the EVP. By analyzing employee retention, it is possible to see direct effects of your EVP! For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. It is not legal or tax advice.

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Hppy

JANUARY 17, 2023

One of the key ways to retain employees is through effective compensation and benefits packages. . The purpose of this article is to explore the role of compensation and benefits in employee retention, highlighting the importance of these factors and providing best practices for designing and implementing effective packages.

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AssuredPartners

OCTOBER 26, 2021

When we look back at the past 22 months, additional factors need to be considered and delved into when consulting with your contractor clients. If so, does that create any issues with employee retention or job schedules? The current and projected short-term economic performance are of importance as well.

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WEX Inc.

MAY 10, 2023

Keep the conversation focused on the value benefits have on your company, including: Employee retention Attraction of more talent Health/medical coverage is necessary Employee work/life balance Show proof of benefits plan success After presenting your information, the conversation can go many ways.

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15Five

APRIL 21, 2022

In a recent episode of the HR Superstars podcast , 15Five’s Chief Culture Officer, Shane Metcalf, was joined by First Person’s CEO & Founder, Bryan Brenner, and SVP & Consultant Paul Ashley to discuss the evolution of total rewards.

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HR Digest

MARCH 26, 2024

With every passing generation, employees are becoming more particular about the kind of benefits an organization can offer them and companies that ask themselves and their employees “ Why is workplace wellness important? ” are able to implement the benefits of putting the employee first.

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Stratus.HR

JUNE 28, 2021

Should I talk with my tax consultant about unenrolling in the monthly Child Tax Credit program? Everyone’s tax situation is different, so you may want to consult with your tax advisor before deciding whether to unenroll in the Child Tax Credit monthly payment program. For more information, please visit the IRS website.

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