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Do Workplace Wellness Programs Save Money? We Find Out.

HR Digest

A study conducted by Harvard in 2015 found for every dollar spent on wellness programs, the employer saves $3 in healthcare costs and another $3 in absenteeism. The Rand study found that chronic illness management saved $3.78 The Rand study found that chronic illness management saved $3.78

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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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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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Talent Acquisition

Analytics in HR

Doing this well leads to lower turnover, higher productivity, and increased engagement. The talent acquisition strategy should align with the people strategy (or HR strategy). In turn, this strategy aligns with the broader organizational strategy. What is talent acquisition? The first force is attraction.

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Types of Employee Benefits: 12 Benefits HR Should Know

Analytics in HR

Let’s have a look at common types of employee benefits, and examples of how companies are using them in their employee benefits strategy. 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!

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Recruiting methods FAQ: A guide to terms and strategies

Workable

To guide you to set up or revamp your hiring process, we answer frequently asked questions on basic and advanced recruiting terms, methods and strategies: Basic terms and methods. These “full-cycle recruiters” are trained to perform every recruiting and administrative task throughout recruitment cycles. What is the “recruitment cycle”?

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HR Analytics: The Key to Maximizing Your Workforce

Paycor

Calculating the cost of employee training. You can then work with your senior leadership and managers to limit overtime when feasible, potentially saving the company a substantial amount of money. Turnover Data. This important metric helps you make decisions about your recruiting strategy and will support other data points.