Business Management Daily

DECEMBER 6, 2021

Employee retention is a major challenge for employers at this time. Employees largely put off changing jobs during the pandemic due to the level of instability in the labor market. To combat turnover, it’s time to take a more active approach in retaining employees and boosting engagement. Allow telecommuting.

Employee Retention 119

Employee Retention Overtime Salary Flexible Spending Account 119

Empuls

APRIL 25, 2024

Employee retention is crucial in this competitive market. Did you know how PepsiCo energizes and retains its employees?   Employee retention refers to an organization's ability to keep its valuable employees. When employees leave, it's costly.

Employee Retention 40

Employee Retention Benefits Package Salary Parental Leave 40

Empuls

OCTOBER 9, 2023

High turnover can result in significant costs and disruptions, making it essential for banks to implement effective employee retention strategies. The alarming state of employee turnover in banking sector 1. Company culture : Organizational culture plays a vital role in employee retention. Schedule a demo today!

Banking 40

Banking Employee Retention Employee Recognition Salary 40

Empuls

JUNE 19, 2023

Not all incentives are material, and here are a few ideas to get your employees to work as hard as possible. The role of incentives in employee retention Incentives play a very important role in employee retention. Here is how: 1.

Employee Retention 40

Employee Retention Bonuses Health Insurance PTO 40

Empuls

DECEMBER 18, 2023

The insurance sector is a dynamic and competitive industry that relies heavily on skilled professionals to serve clients, assess risk, and make informed decisions. Employee retention is a critical factor in the success of insurance companies.  However, there's no need to worry. 

Employee Retention 40

Employee Retention Insurance Employee Incentives Retirement Plan 40

Empuls

MAY 29, 2023

Poor financial status of employees has given rise to a lack of productivity in the workforce and has been one of the major reasons for lower employee retention. Most of the time, the financial stress and mental pressure results in distractions and employees aren’t motivated enough to give their best.

Employee Retention 40

Employee Retention Health and Welfare Finance Salary 40

Achievers

JUNE 12, 2024

Even if your company has developed a great employer brand that helps it attract top-notch employees, it won’t be able to leverage their abilities for long without a high employee retention rate. Calculating and analyzing your organization’s employee retention rate is the first part of any effective employee retention strategy.

Employee Retention 153

Employee Retention Employee Recognition PTO Benefits Package 153

Vantage Circle

JULY 20, 2018

Creating a highly engaged workplace begins with having an effective employee retention strategy. Employee retention is the organization’s goal to keep talented and skilled employees. For a lower employee retention, you need to nurture and engage your talent to stop them from leaving.

Employee Retention 75

Employee Retention Salary Life Insurance Health Insurance 75

InterWest Insurance Services

APRIL 11, 2024

A recent study has found that employers who offer health insurance coverage to their staff had an average return on investment (ROI) of 47%, meaning that for every $1 an employer spends, it will receive $1.47 The analysis found that this combination of group health and wellness programs boosted overall ROI for employers.

401(k) 69

401(k) Health Insurance Insurance Taxes 69

Hppy

AUGUST 23, 2022

Most business owners do their best to hire top-performing employees who will serve their business well and promote profitability. However, poor employee retention is a problem that many companies encounter, and not all of them understand the reasons why.

Employee Retention 36

Employee Retention PTO Health Insurance Insurance 36

HR Digest

MAY 21, 2023

Employee benefits have become an essential part of any competitive compensation package. From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. The mandatory benefits form the foundation of all employee benefit packages.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

Business Management Daily

SEPTEMBER 29, 2021

Open enrollment is an important period for employees to make changes to their benefits enrollments including their health insurance plan selection. The federal health insurance marketplace, created by the Affordable Care Act to provide affordable health insurance to uninsured Americans, can be accessed at healthcare.gov.

Health Insurance 104

Health Insurance Insurance Healthcare 401(k) 104

HR Lineup

MAY 28, 2024

Employee perks, also known as employee benefits or fringe benefits, are additional incentives provided by employers to their employees beyond their regular salaries or wages. These perks are designed to enhance employees’ overall well-being, job satisfaction , and loyalty to the company.

Health and Welfare 97

Health and Welfare Retirement Plan Health Insurance Parental Leave 97

HR Lineup

JUNE 14, 2024

Recognition and Rewards: Implement recognition programs to acknowledge and reward employees’ contributions and achievements. Compensation and Benefits: Offer competitive salaries and benefits packages, including health insurance, retirement plans, and flexible working arrangements.

Utilities 98

Utilities Recruitment Retirement Plan Media 98

HR Digest

APRIL 9, 2023

By conducting regular employee satisfaction surveys, organizations can identify areas where they can improve the employee experience and address any concerns or issues that may be causing dissatisfaction. Taking action based on the feedback received can help improve employee retention rates and create a more positive work culture.

Management 114

Management Employee Retention Benefits Package Health Insurance 114

Hppy

JANUARY 17, 2023

One of the key ways to retain employees is through effective compensation and benefits packages. . The purpose of this article is to explore the role of compensation and benefits in employee retention, highlighting the importance of these factors and providing best practices for designing and implementing effective packages.

Benefits Package 36

Benefits Package Retirement Plan Health Insurance Employee Retention 36

Business Management Daily

JUNE 5, 2024

However, many businesses choose to offer paid parental leave as part of their employee benefits offerings, even though it is not required for most private employers. Employers can do this through a leave program they run or by adding short-term disability insurance to their health insurance and benefits package.

Parental Leave 52

Parental Leave Family and Medical Leave Act Disability Insurance Paid Leave 52

Employee Benefits

JULY 11, 2023

Employee retention poses a complex challenge that goes beyond merely offering a competitive salary. The prominence of employee perks is on the rise, and as such, workers’ expectations are also climbing. Group health insurance packages typically range between £250 and £1,000 per employee per annum.

Employee Benefits 98

Employee Benefits Pension Life Insurance Health Insurance 98

Vantage Circle

AUGUST 2, 2023

Employees in the workplace seek an ideal working environment that promotes learning and development, work-life balance, positive company culture , and overall good experience. The Importance of Employee Perks in India In India's dynamic and competitive business landscape, the significance of employee perks cannot be overstated.

Parental Leave 90

Parental Leave Health Insurance Transportation Bonuses 90

HR Digest

APRIL 20, 2024

According to a survey, 82 percent of Americans believe employees should be able to take paid maternity leave. Determining an affordable paid leave policy, including full salary or a percentage, and considering the costs of health insurance and temporary workers, can be a worthwhile investment.

Family and Medical Leave Act 52

Family and Medical Leave Act Paid Leave Parental Leave Disability Insurance 52

Stratus.HR

APRIL 30, 2021

It’s a law that goes back to 1985 and requires employers with 20+ employees to temporarily continue offering group health insurance to covered employees, their spouses, former spouses, and dependent children when group health coverage is otherwise lost. Why is a COBRA subsidy being offered?

Health Insurance 66

Health Insurance Insurance Taxes Paid Leave 66

Benefit Resource Inc.

JANUARY 16, 2024

It does not stop at simply providing for employees’ basic requirements. In addition to attracting top personnel, a robust benefits package is essential for long-term employee retention. Attracting and Retaining Top Talent: Companies are learning that offering a competitive pay is insufficient in their pursuit of talent.

Benefits Package 52

Benefits Package Flexible Spending Account Health Savings Account Flexible Spending 52

HR Lineup

MARCH 1, 2022

Improving your employee wellness will positively impact their engagement in the company. Your employees will be happier at the office and in the long run, you’ll experience a higher employee retention rate. Fewer insurance claims. Some of the insurance claims being filed can be prevented.

Health Insurance 98

Health Insurance Insurance Employee Retention Employee Wellness 98

Best Money Moves

AUGUST 18, 2021

Accessible and comprehensive health benefits. Over half of all Americans receive health insurance from their employers, according to 2019 census data. So it’s not surprising that in a 2020 survey of 2000 multigenerational participants, dental and vision insurance topped the list of most wanted Employee Benefits.

Health Insurance 111

Health Insurance Health Savings Account Insurance Benefits Package 111

Higginbotham

AUGUST 12, 2022

However, there are solutions that can help you attract quality workers and support your employee retention goals. As employers look for strategies to get their turnover under control, it’s important to understand the link between benefits and retention. What are the benefits of employee retention?

Benefits Package 52

Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Business Management Daily

MAY 17, 2021

When current and future employees examine a company’s benefits package, they typically expect to see employer-sponsored health insurance among the offerings. Comprehensive, affordable options encourage employee retention. Likewise, attractive plans become a selling point when interviewing job candidates.

Employee Wellness 95

Employee Wellness Food Health Insurance Medical 95

HR Lineup

MARCH 27, 2024

Similarly, if an employee wishes to leave before completing the notice period, they may be required to compensate the employer for the shortened notice period. Recruitment and Retention: A well-managed notice period reflects positively on an organization’s employer brand and may influence future recruitment efforts.

Human Resources 97

Human Resources Payroll Salary Health Insurance 97

Assurance Agency

MAY 15, 2023

Showing support and providing the proper benefits both on and off the job for your employees is more critical now than ever. It’s essential for HR professionals to evaluate their employer-provided plans to ensure they’re prioritizing mental health as it will be crucial for employee retention and will help companies stand out.

Health Insurance 40

Health Insurance Utilities Employee Retention Insurance 40

Best Money Moves

AUGUST 18, 2021

Accessible and comprehensive health benefits. Over half of all Americans receive health insurance from their employers, according to 2019 census data. So it’s not surprising that in a 2020 survey of 2000 multigenerational participants, dental and vision insurance topped the list of most wanted Employee Benefits.

Health Insurance 83

Health Insurance Health Savings Account Insurance Benefits Package 83

Empuls

APRIL 28, 2023

Employee benefits are non-wage compensation provided by employers to their employees in addition to their regular salary or wages. These benefits can come in various forms, such as health insurance, retirement plans, paid time off, bonuses, employee discounts, tuition reimbursement, and more.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Vantage Circle

SEPTEMBER 5, 2019

Employees in the workplace seek an ideal working environment that promotes learning and development, work-life balance, positive company culture, and overall good experience. A company wins when its employees are happy in their jobs and, therefore, actively contribute to the company's growth. A study by the U.S. A survey by clutch.co

Health Insurance 56

Health Insurance Paid Vacation Employee Retention Insurance 56

PeopleKeep

FEBRUARY 11, 2022

If you’re offering a traditional group health insurance plan, employee mental health services may not be covered, especially if they’re looking for in-network services.

Health Insurance 52

Health Insurance Insurance Employee Retention 52

Bayzat

DECEMBER 27, 2022

With a recent study finding that UAE workers are among the most stressed in the world , employee wellbeing must be at the forefront of any company’s employee experience strategy. In the UAE specifically, 71% of HR professionals say COVID-19 increased employee expectations around health and wellness benefits.

Payroll 59

Payroll Health Insurance Retail Insurance 59

Business Management Daily

JULY 4, 2023

Metrics show a positive correlation between a thoughtful onboarding program and employee retention. Putting effort into the onboarding process tells new hires that your company prioritizes the employee experience. Employee onboarding software can assist with this mission.

Software 52

Software Electronics Health Insurance Human Resources 52

PeopleKeep

JANUARY 5, 2021

Open communication encourages higher quality work, understanding of important policies, and a relationship of trust between employers and employees. In addition, an open-door environment can even promote employee retention , helping save employers thousands of dollars per employee.

Benefits Package 122

Benefits Package Employee Retention Employment Health Insurance 122

Hppy

JULY 4, 2023

Have insurance in place for employees—from 401Ks to health insurance to life, disability and dental plans. Actively encouraging employees to upskill can result in higher employee retention and greater job satisfaction. This is because they can directly perceive their high value to the company.

Health and Welfare 69

Health and Welfare Health Insurance Insurance Utilities 69

PeopleKeep

JUNE 25, 2021

As your organization sets up and administers a health reimbursement arrangement (HRA), employees will undoubtedly have a lot of questions about how the benefit works. Because of this, it’s essential to educate your employees on how to use their HRA.

Health Insurance 53

Health Insurance Education Insurance Employment 53