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8 Tried & Tested Employee Retention Strategies in the Insurance Sector [2024 Edition]

Empuls

The insurance sector is a dynamic and competitive industry that relies heavily on skilled professionals to serve clients, assess risk, and make informed decisions. Employee retention is a critical factor in the success of insurance companies. 

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Where Have All the Raises Gone?

Compensation Cafe

Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. percent in the depths of the recession.

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