Employee Benefits

JANUARY 4, 2024

More than half (56%) of employers have offered financial remuneration to help employee retention during the cost-of-living crisis and staffing shortages, according to research by Peninsula Group. The post Half of employers offer financial remuneration to help employee retention appeared first on Employee Benefits.

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HR Digest

MARCH 31, 2023

Employee retention is a crucial factor for organizations to maintain sustainable growth and competitive advantage. A high turnover rate can lead to increased costs associated with recruitment, training, and lost productivity, as well as a negative impact on employee morale and company culture.

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Insperity

OCTOBER 17, 2023

It’s the question employers are constantly asking: How do I get my employees to stay for the long term ? But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? The post How HR can give your company’s employee retention strategy a boost appeared first on Insperity.

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HR Digest

DECEMBER 8, 2023

The association between onboarding and employee retention is a very strong but often forgotten one as companies prefer to finish the onboarding quickly instead of investing too much time in it. Image credit – Freepik) Onboarding and Employee Retention: What Do These Terms Mean? What Is Employee Retention?

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Vantage Circle

JANUARY 10, 2024

Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics. So, businesses use these metrics to determine if there are problems and help them make smart choices to keep their employees happy and working there for longer. Why Employee Retention Metrics Matter?

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Best Money Moves

APRIL 20, 2022

5 benefits to include in your employee retention strategy. Up your employee retention strategy and keep your team where they belong with these five benefits. . These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . Department of Labor.

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Vantage Circle

JANUARY 31, 2024

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. This article sheds light on how these surveys can be a game-changer for organizations seeking to understand and enhance their employee experience.

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PeopleStrategy

APRIL 8, 2024

In conclusion, stay interviews, offboarding discussions, and low-cost benefits are invaluable tools in the HR arsenal for enhancing employee retention. Remember, investing in employee retention is not just a cost-saving measure but a strategic imperative for sustainable business success.

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HR Digest

APRIL 20, 2023

Employee retention strategies are vital to the success of any organization. High employee turnover can be highly disruptive to any business. In this article, we’ll explore some innovative and effective employee retention techniques. Employees value the ability to work from home or have flexible work hours.

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HR Digest

APRIL 28, 2023

Conducting exit interviews can help identify trends and patterns in employee turnover, which can be used to improve employee retention rates. In this article, we will explore the benefits of exit interviews for employee retention and provide effective tips and strategies for exit interviews.

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Vantage Circle

JANUARY 10, 2024

Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics. So, businesses use these metrics to determine if there are problems and help them make smart choices to keep their employees happy and working there for longer. Why Employee Retention Metrics Matter?

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Vantage Circle

JANUARY 10, 2024

Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics. So, businesses use these metrics to determine if there are problems and help them make smart choices to keep their employees happy and working there for longer. Why Employee Retention Metrics Matter?

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PeopleKeep

APRIL 16, 2021

As an employer, is implementing an employee retention strategy one of those things you know you need to get to eventually, but it somehow always ends up on the backburner? In this article, we’ll go over why the effort you put into employee retention is truly worth it, plus give you four simple ways you can get started right away.

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HR Digest

NOVEMBER 4, 2023

Amidst their country’s tech talent shortage, HP Indonesia is doing its best to focus on its employee retention instead of acquisition efforts, according to Human Resources Online. industries and it emphasizes the importance of the retention process in HR. Image credit – Freepik) Why Is Employee Retention Important?

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PeopleKeep

OCTOBER 17, 2021

When it comes to employee retention , business owners and HR departments need to track specific metrics to make sure the organization isn’t losing employees to other opportunities at too high a rate. Download our full employee retention guide to read later. Short on time?

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15Five

JANUARY 16, 2024

Here’s a treasure trove of stats on employee retention in 2024. Source How To Take Control Over Employee Retention in 2024 So turnover is down, employee tenure is up, and most people want good salaries, stable jobs, and the opportunity to do their best work. To do that, you need data. Luckily, we’ve got it.

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Take It Personel-ly

NOVEMBER 15, 2021

However, while working on their talent acquisition strategies, many companies fail to prioritize employee retention and control a high turnover rate, resulting […]. They are continuously looking to expand and hire the most talented resources to gain an advantage over their competitors.

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15Five

NOVEMBER 14, 2023

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

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Empuls

JANUARY 29, 2024

This article will highlight the importance of and discuss some employee retention trends to watch out for in 2024. What is employee retention and why does it matter? Employee retention encompasses the overall efforts of an organization to keep its staff members from leaving.

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PeopleKeep

APRIL 19, 2022

To combat this, organizations increasingly recognize the importance of supporting employee wellness in their workforce, with many implementing programs that promote overall health. This article will explore how employee wellness programs and benefits improve employee retention.

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HR Bartender

JUNE 12, 2018

I came across this article recently on Undercover Recruiter titled, “ Why Employee Retention Should Be a Talent Acquisition Responsibility ”. My takeaway was that talent acquisition professionals play a role in employee retention. Lastly, they make sure the transition from candidate to employee is a smooth one.

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International Foundation of Employee Benefit Plans

JUNE 23, 2022

when competing for employees. Read more > The post Pet-Friendly Workplaces: A Paw-fect Employee Retention Tool appeared first on Word on Benefits. Offering pet-related perks has been touted as one strategy for employers trying to get a leg up (or a paw up!) In honor of Take Your.

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Employee Benefits

FEBRUARY 2, 2023

Tom Nash, HR Business Partner, Sodexo Engage In this blog, we take a look at: why does employee retention matter, defining where you are, supporting employees during the cost-of-living crisis, and building and delivering the ultimate employee experience.

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Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. So, helping your employees tackle their stress can keep your retention up — and battling financial stress specifically is key. .

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Health Consultants Group

SEPTEMBER 1, 2021

6 Post-Pandemic Employee Retention Strategies. The pandemic gave many employees a break from the workplace. As employers gradually get back to business as usual, many employees are searching for a new normal. You’ll need to reassess your employee retention strategies to keep them on board. .

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Kollath CPA

APRIL 20, 2023

The federal government’s Employee Retention Credit proved to be a lifeline for many businesses and their employees. Employee Retention Credit: Over but Not Done According to the IRS, most taxpayers became ineligible to claim the ERC for wages paid after Sept. However, the IRS is giving them a break.

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Employee Benefits

FEBRUARY 19, 2024

She says: “In my current role, myself and a colleague presented at Employee Benefits Live [2023] on the benefits and wellbeing offerings we provide and what truly makes Fitflop a great place to work; this was great fun to take part in as it was an opportunity to tell more people why we do the job that we do.”

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HR Lineup

MARCH 3, 2022

This article lists the top employee retention strategies in 2022 to help you out. Why is Employee Retention Important? Besides saving on costs that can be used in multiple hires, employee retention is essential in the following ways. Employee Engagement. What are the Employee Retention Strategies?

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PeopleKeep

JUNE 2, 2020

For businesses to thrive in today’s economy, finding and retaining the best employees is important. Benefits play a large role in employee retention, and employees want benefits personalized to their needs. Learn how to calculate retention rates.

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Darwinbox

FEBRUARY 21, 2022

For years, employee retention has been a major concern for businesses. Employees may leave their current job due to monotony, a lack of career advancement, new job prospects, better compensation, unhealthy work culture, and various other factors.

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Employee Benefit News

SEPTEMBER 28, 2023

Hosting offsites annually gives people the opportunity to forge authentic relationships, even if they're at home the other 90% of the year.

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Patriot Software

FEBRUARY 8, 2023

Think it’s too late to take advantage of the Employee Retention Credit? And, what are the steps for claiming Employee Retention Credit retroactively? Think again. Employers now have until 2024 (and in some cases, 2025) to claim the credit retroactively. So, how do you know if you qualify for the credit?

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Employee Retention Employment Taxes Payroll 73

Sodexo Engage

OCTOBER 11, 2022

Employee retention and acquisition. WORK AND LIFE: BOOST EMPLOYEE RETENTION BY CREATING A CULTURE OF FLEXIBILITY. Summary: What is flexibility? Mental and physical wellbeing benefits. Financial wellbeing benefits. Create balance with Sodexo Engage.

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BerniePortal

JUNE 4, 2021

Countless employers are focused on hiring top talent, but how many organizations commit the same time and resources to employee retention? Companies can save money and headaches in the long run—and get a leg up on the competition—by overhauling their retention strategy.

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HR Digest

APRIL 11, 2023

In today’s competitive job market, attracting top talent is a challenge, but retaining those employees can be even more difficult. To succeed in retaining employees, organizations must implement effective strategies that address the unique needs and desires of their employees. Why are employee retention strategies important?

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Snell & Wilmer Benefits

JANUARY 26, 2024

Lowry The IRS continues to evaluate and process Employee Retention Credit (“ERC”) claims with a focus on inaccurate and ineligible filings. The short-duration relief, known as the Employee Retention Credit Voluntary Disclosure Program (“ERC-VDP”), will run until March 22, 2024.

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