Remove AON Remove Compensation Remove Onboarding Remove Retention and Turnover
article thumbnail

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

Empuls

Employee retention is a critical factor in the success of insurance companies.    Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. The talent war for these professionals can drive turnover rates.

article thumbnail

10 Best HR Consulting Services In 2024

HR Lineup

Mercer’s services include compensation and benefits consulting, workforce planning, and employee engagement strategies. Aon Hewitt Aon Hewitt, a division of Aon plc, is renowned for its expertise in human capital consulting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

18 Benefits of HR Analytics For Your Business [With Examples]

Analytics in HR

Helping build equitable compensation and benefits packages 5. Preventing turnover 9. With this data, you can spot weaknesses across the business and improve these to boost efficiency, productivity, retention rates, training effectiveness, and more—all of which will benefit your bottom line. Identifying inefficiencies 11.

article thumbnail

10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Improved Employee Retention: A robust employee benefits platform can improve employee retention by offering comprehensive benefits packages. This can help organizations attract and retain top talent, reducing turnover and associated costs. However, the packages should meet the needs and expectations of employees.