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Get employee engagement right to improve retention

Business Management Daily

Is employee retention doomed? However, that hasn’t stopped a number of businesses from blaming employee turnover on the very people they depend on. The campus? Even a small investment in employee retention can have immediate returns. Nowhere is this more true than at work. Have engaged employees vanished into thin air?

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Promoting Employee Wellbeing in the Workplace: 6 Strategies for a Thriving Work Environment

Terryberry

Employers can support this by offering flexible work arrangements, paid time off (PTO), and reasonable working hours. This can involve fair compensation, retirement savings plans, and financial education programs. If you've been hearing more and more about workplace wellbeing lately, you're not alone. What is Employee Wellbeing?

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Talent Acquisition

Analytics in HR

Doing this well leads to lower turnover, higher productivity, and increased engagement. What is talent acquisition? The core of talent acquisition is to attract employees to an organization and hire the ones that fit with the organization and role. The talent acquisition strategy should align with the people strategy (or HR strategy).

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Types of Employee Benefits: 12 Benefits HR Should Know

Analytics in HR

Typical examples include health insurance, paid time off, and life insurance. Find out about the four types of employee benefits you should know about in this Learning Bite! The types of employee benefits an organization provides carry weight in today’s employment market. Some employee benefits are country-specific.

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HR Analytics: The Key to Maximizing Your Workforce

Paycor

Your human resources department is sitting on a massive amount of data that can help you make more strategic HR decisions. Bersin by Deloitte Research indicates that in 2016, companies experienced a 120% increase in linking their people data to organizational performance. Make Better HR Decisions with Data. Overtime Data.

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How to Design an Employee Benefits Program Effectively

Empuls

They provide a range of benefits and perks to employees beyond their regular wages, including health and wellness benefits, retirement benefits, time-off benefits, employee perks and discounts, and educational assistance. Retirement benefits Retirement benefits include pensions, 401(k)s, and other retirement savings plans.

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Compensation and Benefits

Analytics in HR

For example, perks like bonuses, stock options, 401k matches, pension plans, paid time off , and even free lunches are all attractive to different people and make up an essential part of the compensation and benefits package. HR uses compensation to attract top talent and boost retention rates.