Empuls

DECEMBER 18, 2023

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. 

Employee Retention 40

Employee Retention Insurance Employee Incentives Retirement Plan 40

Vantage Circle

AUGUST 16, 2021

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.

Employee Incentives 52

Employee Incentives Bonuses Retirement Plan 401(k) 52

Achievers

AUGUST 17, 2017

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.

Paid Vacation 144

Paid Vacation Employee Incentives Human Resources Employee Recognition 144

Achievers

OCTOBER 20, 2020

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.

Employee Incentives 266

Employee Incentives Profit Sharing Plan 401(k) Bonuses 266

Achievers

OCTOBER 6, 2016

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.

Food 179

Food Bonuses Employee Recognition Medical 179

Achievers

MAY 23, 2017

When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement. This means that if an employee is being paid $40,000 a year, the cost of everything from recruiting to training expenses will be around $20,000 to $30,000.

Pay Raise 105

Pay Raise Employee Retention Salary Banking 105

Achievers

AUGUST 4, 2022

Employee recognition. Recognizing your employees reaffirms that you appreciate and respect their hard work. While monetary recognition like reward points, gift cards, meaningful experiences, and swag matters, providing frequent social recognition can be even more powerful. Employee benefits and incentives.

Financial Compensation 195

Financial Compensation Employee Recognition Employee Incentives Employee Retention 195