This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.

Remove Pay Raise Remove Profit Sharing Plan Remove Salary Related Topics
Paid Vacation Disability Insurance 401(k) Comprehensive Benefits Benefits Package Life Insurance Bonuses Health and Welfare Paid Leave PTO More Related Topics >
article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

DECEMBER 2, 2023

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality.

Employee Retention 96
Employee Retention Salary Health and Welfare 401(k) 96
article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

NOVEMBER 30, 2022

The survey also found that 80% of employees would choose additional benefits over a pay raise. Not just salary. Profit-sharing Plans. Hence, enter the profit-sharing plan. According to a Gallup poll : 40% of employees want profit-sharing options as a part of their compensation plan.

PTO 105
PTO Profit Sharing Plan Bonuses Paid Leave 105
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 

Stay Connected

Join 84,000+ Insiders by signing up for our newsletter

About
About
Editions
Editions
Topics
Powered by Aggregage | Terms and Conditions | Your California Rights and Privacy Policy
© Aggregage 2024