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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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Why Incentives Are Key To Employee Onboarding, Retention and Engagement

Darwinbox

In today's hyper-competitive job market, organizations are constantly seeking effective strategies to attract, retain, and engage talented employees. One of the most powerful tool s is employee incentives.

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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. Is there more you can do?

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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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4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

For instance, Jacob Morgan, author of The Future Of Work , explained in a Forbes article how AMP Bank in Sydney, Australia makes it a point to sit down with each employee to explain how new technologies and strategies can benefit both parties. It’s important to realize the vital role management plays in the development of a company.

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A Complete Guide To Employee Recognition

Vantage Circle

Chapter 4: Types of Employee Recognition Methods. Chapter 5: Building A Successful Employee Recognition Program. Chapter 7: Role of Technology in Employee Recognition. Chapter 1: Fundamentals of Employee Recognition. What is Employee Recognition? Employees feel valuable and that they matter.