Remove AON Remove Compensation Remove Productivity Remove Retention and Turnover
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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.

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

Analytics in HR

Managing employee performance and productivity 4. Helping build equitable compensation and benefits packages 5. Preventing turnover 9. Therefore, it’s vital to know who to hire to ensure optimum performance and productivity in your business and reduce your turnover rates and recruitment spending.

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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.