Employee Benefits

NOVEMBER 6, 2023

Image Factory/shutterstock_1864249615 Need to know: Employee benefits can play an important role in helping organisations meet their sustainability goals, as well as helping to attract and retain staff. It is vital that any initiatives are communicated effectively and that employees can see the impact these are having.

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Vantage Circle

JANUARY 21, 2024

There’s a lot of talk in HR circles about employee engagement lately. But how do you really know if all that engagement spending is paying off? Enter the employee engagement index. While higher scores always signal better engagement, 70%+ is a good target, indicating most employees are engaged.

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HR Lineup

MARCH 29, 2024

In this guide, we delve into the intricacies of calculating the cost of an employee, offering insights into the different components and methodologies involved. Direct Costs of Employment Direct costs are the most obvious expenses related to employing staff, encompassing elements directly tied to compensation.

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Employee Benefits

NOVEMBER 15, 2023

Losing the jargon will make the language of pensions easier to understand and more relevant to staff. Need to know: Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge. They could invest in financial coaching for a more personal approach to pensions education.

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Pension Retirement Plan Education Finance 111

Employee Benefits

FEBRUARY 15, 2023

Strategic outsourcing and energy services business Mitie has tight margins, but still sees the importance of protecting and supporting front-line staff during difficult periods, meaning it has to focus on benefits that are affordable for the business, but make a real difference to employees.

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Net Pay Benefits Package Bonuses Salary 105

Employee Benefits

NOVEMBER 21, 2022

Bizay, a global operating system for product customisation, always takes each employee’s individual needs into account when presenting its total reward package , which it built in order to better fit the needs of each member of its workforce. Then, we announced it to the team on our business all-hands meeting.

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Achievers

JANUARY 5, 2021

Do you have a manager on staff who just can’t seem to step back and let employees make their own decisions? If a manager is following the granular details of everyone’s tasks, he or she may appear to colleagues and higher-ups as being totally on the ball. Finding out if you have (or are) a micromanager . Attrition rate .

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Employee Recognition Healthcare Consulting Management 199

Empuls

FEBRUARY 22, 2024

From pilots navigating the skies to ground staff ensuring seamless operations, each member contributes to the success of the airline.    However, maintaining high levels of motivation and engagement among these individuals can be a challenging feat.  These programs align the workforce of employees with their production.

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Bonuses Employee Recognition Employee Loyalty Employee Wellness 40

Achievers

JULY 22, 2020

As Chief Customer Officer at Achievers, I understand our customers’ need to focus on the continuity of their culture and engagement in times of uncertainty. This re-focusing on engagement is critical since organizations that maintain culture continuity are 6x more profitable than their competitors. Pause to say thank you.

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Retail Bonuses Employee Recognition Food 143

Employee Benefits

MAY 17, 2023

These schemes can be a great motivation and engagement tool by giving employees greater involvement in the business. HM Revenue and Customs’ (HMRC) annual report on share schemes, published in June 2022, found that the total number of organisations operating a scheme in the tax year ending 2021 was 16,330.

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Employee Benefits

DECEMBER 14, 2022

This looks set to continue into 2023, with employers forced to re-examine what their reward package offers their workforce and how they can improve it. This looks set to continue into 2023, with employers forced to re-examine what their reward package offers their workforce and how they can improve it.

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Insperity

NOVEMBER 14, 2023

Training and development A 2022 Society of Human Resource Management (SHRM) survey shows 76% of employees say they’re more likely to stay at a company that offers continuous training. Your human resources (HR) budget encompasses a wide variety of initiatives directly impacting your people and, therefore, your business success.

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Achievers

OCTOBER 15, 2020

HR professionals must constantly be ahead of the curve in order to attract, engage, and retain top talent. In fact, PwC discovered that 80% of millennial workers state that a company’s D&I programs are an important factor in considering a job offer. Diversity and inclusion takes center stage.

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Vantage Circle

JULY 13, 2021

A Comprehensive Guide to Total Rewards (And How to Master It). This hands-on guide on Total Rewards will unveil the core fundamental areas and give a solid foundation for your Total Rewards strategy. How to approach a Total Rewards Strategy that ensures benefits for both employees and employers.

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IT Bonuses Employee Retention Benefits Package 52

Employee Benefits

MARCH 3, 2022

Author: Louise Haines, Managing Director of Henley Reward Consulting. After two years of the pandemic when everyone was looking inwards both at home and at work, the world has opened back up with people now reassessing their life and how they view work. But how sustainable can all this be?

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Vantage Circle

MAY 17, 2023

Are you familiar with the management philosophy of holacracy and how it’s transforming the way organizations operate? How does it distribute power and decision-making authority in a workplace? What benefits can it offer compared to traditional hierarchical structures? What is holacracy?

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Employee Benefits

JUNE 22, 2023

Each Person has partnered with Care First to offer its employers the chance to give their people a first-class Employee Assistance Programme (EAP). Joining Each Person offers employees 24/7 confidential counselling online, over the phone or face-to-face for 25p per employee per month. Support your people when they need it most.

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cipHR

SEPTEMBER 14, 2021

Learn about the causes of high staff turnover, how to calculate your churn rate and various practical strategies to improve staff retention. Over the course of the last year, how many employees have left your workplace? It can also help you focus on ways to improve staff retention and the employee experience. .

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Empuls

SEPTEMBER 28, 2023

85 percent of employees also believe that their companies do not meet their expectations regarding benefits offered to them in the form of discount schemes or others. They can avail discounts on vacations, gym subscriptions, dining out, and wellness offerings, among others. One of the most successful of them is using discount schemes.

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Employee Benefits

FEBRUARY 9, 2022

Each Person is the employee reward scheme that makes recognition simple and provides exciting perks at work across their business. Epoints offers something for everyone with over half a million rewards and instant retailer employee vouchers all in one place. Prezzo Believes Each Person Matters.

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Hospitality Employee Recognition Retail Payroll 52

Empuls

OCTOBER 11, 2023

Rewards and benefits were different commodities in the pre-pandemic world. This led to staff working long hours in a fire-fighting mode gasping for breath to keep the ship afloat. There’s no better way than rewards and well-being initiatives to make them feel at home—literally.

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Empuls

DECEMBER 18, 2023

This can result in increased turnover as employees may be tempted to explore opportunities with competitors offering better compensation packages or career advancement prospects. The insurance sector is a dynamic and competitive industry that relies heavily on skilled professionals to serve clients, assess risk, and make informed decisions.

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Business Management Daily

JUNE 6, 2022

Some top brass there thinks offering a base salary noticeably above that posted in the job descriptions of competitors is the ticket to attracting top performers. They worry such a measure will leave insufficient funds to give raises to existing workers, which would lower employee engagement and jeopardize retention. Encouragement.

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Insperity

AUGUST 25, 2020

You’re thought of as offering the total package and are sought-after by employees in the marketplace. Nothing shows that you care for employees more than going the extra mile with the benefits you offer. Getting excellent employees to work for your organization instead of your competitors has never been easy.

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Empuls

OCTOBER 18, 2022

But how is artificial intelligence changing the recruiting process ? Human Resources (HR) has diverse tasks, making managing complicated. They have to handle the payroll system, recruitment, retention, training, and performance management of employees. What is HRMS? If you mix it with other HR tasks, it'll be more difficult.

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Qandle

JUNE 17, 2022

When utilised properly, a performance review may assist a staff knows where they are succeeding and where they are falling short, as well as how they might grow and how their present goals fit into the wider corporate goals. It’s simple to see connections between these hobbies when you look at what they focus on.

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Empuls

DECEMBER 7, 2021

In the context of this blog, they created waves with their employee rewards and recognition programs.  Each  Each one of them is a forerunner in using one or multiple forms of rewards and recognition to motivate their employees, and most importantly, to align and nudge their people towards the work culture they seek to build.

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Empuls

SEPTEMBER 29, 2023

The hum of a call center – a synchronized symphony of ringing phones, typing keyboards, and countless voices connecting with clients from around the globe. It’s a fast-paced environment where each day is as unpredictable as the next. High attrition rates have long plagued the call center industry. The numbers don't lie.

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Telecommunication Benefits Package Salary Bonuses 40

Achievers

NOVEMBER 12, 2014

Recent studies show a direct correlation between highly engaged employees and genuine care towards patients. On the contrary, disengaged staff lead to poor patient experiences, higher turnover, and decreased productivity. On the contrary, disengaged staff lead to poor patient experiences, higher turnover, and decreased productivity.

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Business Management Daily

SEPTEMBER 21, 2022

According to Gartner , the annual employee turnover rate in the US is set to jump by 20% this year, with a total of 37.4 If you want to learn how to reduce employee turnover at your company, you’ve come to the right place. Read on to learn how to attract top performers and retain them for the long haul.

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Vantage Circle

JULY 27, 2021

How will a successful program benefit the bottom line? Out of the total employees surveyed, 55% said that they are going to leave their jobs. Out of the total employees surveyed, 55% said that they are going to leave their jobs. In fact, 69% of them said that better employee rewards will encourage them to stay back longer.

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Qandle

MAY 20, 2022

Do you thank your staff for their efforts? We must understand the value of employee gratitude and how to express it. Staff recognition and awards are more important than you may realize since they are linked to work happiness, employee engagement, and higher productivity. It boosts efficiency and job satisfaction.

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cipHR

MARCH 22, 2022

Staff who are dissatisfied with their pay rise – for whatever reason (including feelings of unfairness or concerns about not being paid in relation to their job performance or the market rate) – are more likely to admit that they intend to change jobs or are already in the throes of doing so.

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Vantage Circle

MARCH 10, 2021

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Features of Employee Engagement Tools. Rewards redemption. Reward Management. Track engagement. Track and measure engagement.

Employee Recognition 52

Employee Recognition Banking Media Employee Wellness 52

Vantage Circle

JUNE 16, 2021

How Does it Work? The company can choose how much or how little it will contribute to an employee's plan from year to year. But, in Canada, the employee's share of profits is tax-free, up to 15 percent of their total employment income. Do you have a thriving business? What is Profit-Sharing? Types of Profit-Sharing Plan.

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Vantage Circle

SEPTEMBER 19, 2018

or Rewards and recognition ideas? Although Employee recognition is the buzzword in the Human resource management space, it is also the most ignored and taken-for-granted aspect of employee engagement. Secondly, recognition is simply equated with rewards. So, What’s the difference between Reward and Recognition?

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Employee Recognition Food Media Education 86

Insperity

DECEMBER 28, 2015

No matter how much someone loves working for you and believes in your business, if they are presented with a better offer, they will likely consider leaving. Keep tabs on what compensation is being offered by your competition and be sure you’re offering comparable benefits packages. They’re not engaged.

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Health PTO Benefits Package Salary 74