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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Employee leave Paid time off (PTO) is among the most popular and sought-after employee benefits, giving employees time to rest and recharge, attend to personal obligations, spend time with their families and take vacations. Most employers offer their employees PTO – usually between 10 to 14 days per year at minimum.

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How to retain employees and thrive during the Great Resignation

Insperity

Although most of the categories below can be included in a retention strategy, the big three to think about are: Competitive salaries and benefits – Review your salary structure , bonus programs employee benefits and other employee recognition programs to see where you have room to make improvements.

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The high cost of a bad hire – and how to avoid it

Insperity

Consider these results of a 2017 CareerBuilder survey : The average cost of one bad hire is nearly $15,000, factoring in the recruiting, interviewing and selection process; training; and salary. Their salary is another expense. Two in three workers have accepted a job that they later realized was a poor fit.

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Handling disengaged employees who are ‘shelter in job’

Insperity

Compare how your company aligns with others in terms of salary and benefits, including: Health insurance PTO Leaves Options for flexible work schedules or remote work Unique perks. To learn more about how to keep valued employees for the long term, download our free magazine: The Insperity guide to employee retention.

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How to address employee pay in your inclement weather policy

Insperity

If an employer’s practice is to allow non-exempt employees to use vacation or PTO in the event of a closure, it should be identified in the inclement weather policy to provide clarity for employees. In this case, the Department of Labor states that the business may make deductions to pay or require the employee to use accrued PTO or vacation.

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What is a flexible workplace – and why should your company be one?

Insperity

Salary and benefits are still important, but higher numbers of U.S. Provide increased quantities of paid time off (PTO) beyond the standard two weeks – or even consider unlimited PTO, if it works for your business and you have assessed the pros and cons. The pandemic has also caused employees to reevaluate their priorities.

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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

Fortune magazine's "100 Best Companies to Work For" list provides compelling evidence.   But where exactly does each chunk of your hard-earned salary end up?    Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent.