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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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Why you need to celebrate employee milestones

Achievers

Here are three primary effects you’ll experience from building employee recognition into your daily workplace culture: Better morale: Acknowledging the hard work and dedication that employees invest in your company is a good way to give them “a sense of ownership and belonging,” according to HR Council. All-expenses-paid vacation.

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Why you need to celebrate employee milestones

Achievers

Here are three primary effects you’ll experience from building employee recognition into your daily workplace culture: Better morale: Acknowledging the hard work and dedication that employees invest in your company is a good way to give them “a sense of ownership and belonging,” according to HR Council. All-expenses-paid vacation.

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Why More Vacation Time Will Make Your Employees (and Your Company) Healthier

Achievers

You’re very accustomed to seeing statistics focused on the fact that American employers in general provide much less paid time off than employers do in other countries, but there is a more puzzling set of figures that bear looking at as well. Even when American workers are given paid vacation time, they barely even use half of it.

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11 Benefits of Paid Time Off (PTO)

Hppy

On the one hand, if you are the company owner, giving additional benefits for your employees during their vacation or separate sick days could be quite tedious and stressful. Thinking of losing the best employee in your team for a short time could be overwhelming. Employee Retention. Less Financial Liability.

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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. Group life insurance premiums provided to employees over $50,000.

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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 benefits that come with flexible working options are now one of the most sought-after by employees.