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Compensation Package: A Guide For HR (+ Free Template)

Analytics in HR

With nearly 40% of mid-career professionals prioritizing mandatory paid leave and over 80% seeking comprehensive healthcare benefits, it’s clear that designing a thoughtful compensation package is key to talent attraction and retention. This is more than an employee’s monthly salary.

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7 ways to support employees during economic inflation

Insperity

If budget allows, consider upping the amount that you contribute or match to your employees’ plans each month to help ease their stress. Explore other financial incentives. This would be a popular option with employees. Seek out other incentives as well. In times of stress, employees tend to fixate on base pay.

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What it Takes to Build a High-Performance Workforce

Hppy

According to Digitalist magazine , many of top performers with critical skills are at “high-retention-risk” category. But as previously mentioned, employees need to know what they are working for. This way, you can empower your employees with knowledge and new career objectives that will motivate them to perform better.

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Emmaus Partners with Kazoo to Amplify Culture

Kazoo

At the time, the nonprofit had more than 700 geographically dispersed employees and was struggling with high turnover, a cumbersome manual employee recognition program, being able to connect with remote employees, and their overall recruitment efforts. It’s something fun that sets us apart.”.

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5 Benefits of Employee Incentive Programs | ClearCompany

ClearCompany HRM

Use an #EmployeeIncentive program to show your employees that they’re appreciated and reward great work: There are few better ways to motivate your employees to continue performing at their best and inspire them to achieve even more than an employee incentives program. What are Incentive Programs?

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20 Employee Appreciation Ideas That Will Make You Stand Out in 2024

Empuls

→ Moreover, recognition plays a pivotal role in employee retention. In a survey conducted by Glassdoor , 53% of employees reported that they would stay at their current company longer if they felt more appreciated. A culture of appreciation breeds loyalty and reduces turnover rates. Download now!

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11 Noteworthy New Year’s Resolutions for HR in 2022

Bonusly

We’ll take a look back on some key themes from 2021, like turnover and hybrid work, and provide resources that will help you navigate the waters better in 2022. High turnover rates. Turnover rates in 2021 remained at an all-time high. They were also highest among employees between the ages of 30 to 45. Cheers to that!