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FitFlop introduces salary sacrifice nursery scheme

Employee Benefits

Credit: Ritu Manoj Jethani/Shutterstock Footwear brand FitFlop has introduced a salary sacrifice nursery scheme for its 165 UK employees in order to help them save money on childcare fees. The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.

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How to Address High Turnover With Retail Employees

Achievers

Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. According to Human Resources Today, that translates to $19 billion in costs related to hiring and training new employees.

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Employee Recognition Program: Things You Need To know!

Vantage Circle

And that is something this blog will cover and give you a good headstart on how you can start your employee recognition program. According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Key Takeaways Understand what a recognition program is. Only 52.6%

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The benefits offered by Wave

Employee Benefits

Group income protection employer-paid for all employees, subject to acceptance by the insurer. Two years paid at half salary at time of acceptance. Subject to regular checks that make sure the employee still qualifies. Life insurance for all employees with a death-in-service benefit of four-times salary.

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Benefits on offer at Atradius

Employee Benefits

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Life assurance at 10-times salary. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees. Employees pay £30 per month for individual cover and up to £80 per month for family.

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The benefits offered by FitFlop

Employee Benefits

Benefits on offer at FitFlop in the UK: Pension Group personal pension (GPP) plan offered via salary sacrifice arrangement for all employees, with 4.5% contributions from both employee and employer. Gym membership discount, with a higher discount available for employees in the PMI scheme.

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What Is a Good Retention Rate and How Do You Achieve and Maintain It?

15Five

What is a good employee retention rate? Employee retention rate varies from industry to industry. For example, retail, hospitality, and travel industries typically see a lower retention rate as they have a higher employee turnover rate. This way, you can stay on top of trends and react accordingly.