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What Does Employee Retention Have to Do with Your Star Employees?

Hppy

Every HR team’s goal is to keep their employee for as long as possible because it can reduce cost and time and boost employee engagement. Employee retention is becoming a common practice in a business, large or small. One excellent solution to addressing some company’s problem is employee retention. .

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The 20 Best Employee Retention Strategies

Vantage Circle

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.

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Top 7 Employee Benefits and Incentives

Employee Benefits

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. The remaining amount is covered by employees from their post-tax salary.

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How Employee Benefits Help Companies Succeed

Hppy

One of the age-old debates in the corporate world is whether companies should invest in benefits, or if they should take the cost of doing that and invest it into better salaries for the team. That said, it is important to note that offering a good benefits package can benefit not only employees but also the company as a whole.

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Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

What are personalized employee benefits? Personalized employee benefits are a form of indirect compensation and perks that are outside of the agreed wage or salary live party and travel tickets, access to some interesting gadgets, design tools, performance awards, tuition funding, student loan assistance, etc.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Why has finding and holding onto talented employees become so complicated?

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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Taxable examples of fringe benefits might include: Gym memberships Moving stipends beyond the actual moving cost Personal use of a company car Frequent flyer miles when converted to cash Certain life insurance payments Information like this can come as a shock. Ask employees what they want. Are your salaries competitive?

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