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The Employee Retention Maze: Unraveling the Challenges for HR Managers

EmployeeConnect

This blog explores the problem of high turnover rates and the multifaceted challenge of retaining valuable employees. Inadequate Career Development Opportunities: Another significant factor contributing to turnover is the absence of clear career development paths.

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What Is Human Resources?

Analytics in HR

It could also involve staying updated with the latest technology developments and market trends to ensure the company stays relevant and competitive. Rewards include salary, perks, and benefits like health insurance, remote work, and performance-based bonuses.

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

Empuls

  Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. Remote work trends : The COVID-19 pandemic accelerated remote work trends across industries, including insurance. However, there's no need to worry. 

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20 Innovative Ideas for Rewarding Remote Employees

Empuls

In this blog post, we will explore 20 innovative ideas for rewarding remote employees, designed to foster engagement, enhance productivity, and create a positive remote work culture. This shows that you support their ambitions and encourages them to stay updated with industry trends. How do you reward employees virtually?

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How to Craft the Right Employee Benefits Package in 2022

Zenefits

A competitive benefits package filled with attractive incentives for employees is key to attracting top talent to your organization. Benefits and incentive bonuses are all part of the compensation package your HR department offers employees. And that package is growing in importance. MetLife’s U.S. Family-focused perks.

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Avoiding Employee Turnover: Long-Term Benefits of a Happy Workforce

6Q

In this blog post, we help you identify those drivers and tell you how you can improve employee retention. However, it’s prudent to look at turnover trends affecting your industry to gauge where you stand. Good managers view themselves as career developers. But how do you keep your best workers from leaving?

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12 Successful Strategies for Fostering Employee Engagement in the Financial Services Industry

Empuls

In this blog, we'll explore the importance of employee engagement in the financial services industry and provide actionable strategies to enhance it. Recent studies of banking professionals reveal that only 35% report high engagement levels , a concerning trend given the industry's reliance on motivated and committed staff.