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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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Top 20 Examples of Employee Incentive Programs

Vantage Circle

Incentives are a proven way to influence employee behavior and ultimately improve business output. Now there are several types of employee incentive programs that companies commonly use. A study showed that travel incentives are the most popular incentives among employees. Monetary Incentives.

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A Complete Guide To Employee Recognition

Vantage Circle

A Complete Guide To Employee Recognition. This is the ultimate guide to employee recognition for business leaders. Here, you'll learn: What employee recognition is. Build an effective recognition program. I’ll also introduce you to a new framework you can use to improve your recognition programs.

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How to Identify and Retain Top Performers with Rewards and Recognition

Achievers

Employee retention is a key goal for every company, but it’s important to drill down into this metric and make sure you’re doing a good job of identifying and keeping your top performers. These employees deliver 400 percent more productivity than the average worker, according to statistics published in Harvard Business Review (HBR).

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10 Employee Incentive Programs to Engage Your Team

Achievers

When an incentive is offered, 85 percent of workers feel more motivated to do their best. If you’re interested in discovering the most impactful employee incentive programs available for your organization, read on. What are employee incentive programs? The value of employee incentive programs.

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Why More Vacation Time Will Make Your Employees (and Your Company) Healthier

Achievers

Read on to understand why you need to enforce your company’s vacation and break time if you want to build your employee retention and facilitate the safety and wellness of your workers. Many Employees Skip Vacations Due to Fear. The answer is yes, and it centers around employee incentives.

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5 Insanely Great Company Perks That Will Draw Top Talent

Achievers

There’s no better way to build stability in your organization than by maintaining an effective employee referral program. Rewards and recognition. Finally, employee recognition programs both attract employees and keep them engaged, as Ericsson’s E-Star program demonstrates.

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