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3 powerful ways to improve your employee retention rate

Achievers

A competitive salary is the bare minimum that you need to provide to keep employees satisfied. Beyond compensation, your employee retention strategies should factor in the total rewards package you offer, the quality of your leadership, and the power of your social recognition strategies.

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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

It's no secret that employee benefits are an excellent employee retention strategy. In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years. Paid vacation. Health club memberships. Which Benefits Are Considered Taxable?

Insiders

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Why Employee Perks Can Help Your Company Win?

Vantage Circle

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

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

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.

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How to Retain and Engage your Long-Standing Valued Employees

Empuls

Out of these, long-tenured employees are those who have been with a company for more than five years, while short-tenured employees have been with the organization for fewer than five years. The pay and benefits alone can help lock your best employees in and incentivize them to stick around.

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15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

Or you can give away subsidized gym membership offers to your employees. Paid Vacation. The good thing about this particular type of employee benefit is that it can be as conservative as giving one week a year. Or it can be as liberal as giving unlimited paid vacation such (I am looking at you Apple).

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Top 20 Examples of Employee Incentive Programs

Vantage Circle

National Center for Employee Ownership (NCEO) found that companies grow 8% to 11% per year faster with their employee stock ownership plans. ESOPs continue to be a popular way of motivating employees because of the many advantages they offer. Fringe benefits are the goodies that companies offer employees besides their salaries.