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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

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Multiple Employer Welfare Arrangement (MEWA) Pros and Cons

BerniePortal

As employers prepare for open enrollment and begin planning recruitment strategies, it is crucial for teams to recognize how they can best maximize their health plan and benefits packages. For some employers, a multiple employer welfare arrangement (MEWA) can help.

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Creating a Culture of Care: Prioritizing Employee Welfare and Well-being

Hppy

However, taking care of employeeswelfare and well-being is a major responsibility, and it goes far beyond ticking boxes and following procedures. In today’s world, this means looking after their physical and mental health and ensuring that the right tools and systems are in place to do so.

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How to Tackle Common Health and Welfare Questions

WEX Inc.

In today's multi-generational workforce, health and wellness benefits are weighted equally with salary expectations. This has driven many employers to focus on providing solid health benefits not only to improve employee retention and engagement, but to attract top talent, as well. Reporting Disclosures.

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How Does Providing Instant Loans to Employees Help in Employee Retention?

Empuls

Employee satisfaction is linked with workplace productivity and output. This is the reason why most of the companies go above and beyond to provide better welfare programs and other things that help them in taking care of their employees. But, what are these instant loans and how can they help with employee retention.

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Mandatory Paid Sick Leave: The Australian Approach to Supporting Workers’ Well-Being

Global People Strategist

One crucial aspect of ensuring the welfare of employees is the provision of paid sick leave. Employers cannot penalize employees for taking legitimate sick leave or make them feel obliged to work when unwell. There has been a growing recognition of the importance of worker well-being and the need for robust labor standards.

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How to retain millennial employees

Achievers

Use these tips to improve the employee retention rates among your millennial workforce: Offer a larger purpose. As you assemble the perks you offer, it’s important to go beyond merely material things like bonuses and health benefits (although those are important, too). Support flexible scheduling.