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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

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. This is why employee retention strategies are important. How to Improve Employee Retention?

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How To Build An Employee Stock Purchase Plan

Vantage Circle

Employee stock purchase plans can help attract new talent and also increase employee productivity. Employee stock purchase plans help you gain a competitive advantage by rewarding employees with equity and not just salary. Employee Retention - 17%. Competitive Advantage - 38%.

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. ESOP plans are one of the best ways of employee retention and loyalty.

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