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Employee Benefits: The Only Guide You Need

Achievers

Employers are responding with a menu of voluntary employee benefits, driven by generational shifts and technology that is dramatically changing the workplace. . What are employee benefits? . Employee benefits are non-salary compensation and perks. Employee recognition . Career development opportunities .

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How to Identify and Retain Top Performers with Rewards and Recognition

Achievers

Employee retention is a key goal for every company, but it’s important to drill down into this metric and make sure you’re doing a good job of identifying and keeping your top performers. These employees deliver 400 percent more productivity than the average worker, according to statistics published in Harvard Business Review (HBR).

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What Hourly Workers Really Want (It Might Surprise You)

Achievers

In the same Snagajob survey referenced above, it appears that 27% of candidates thought bonuses are the most important work perk, so much so that 54% of workers surveyed would change jobs if it meant a bonus structure was included in their compensation plan. Why give workers time off when you can have them in the office being productive?

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Update: Employee Compensation at Wells Fargo

Compensation Cafe

Compensation Cafe has covered Wells Fargo's pay practices since 2009, when the Bank canceled prefunded employee recognition and rewards events in the midst of the Recession, blaming it on federal government restrictions on bank practices following the subprime mortgage crisis. Or if you know anything about employee reactions?

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Turning New Hires into Engaged Employees – 3 Quick Tips for Success

Achievers

Studies on turnover estimate that when an employee leaves a company, it can cost the organization between 30 to 250 percent of that person’s annual salary due to factors like loss of productivity and other associated replacement costs. Develop an onboarding system that engages quickly.

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How to Boost Employee Engagement and Retention for Your Domestic and International Workforce (Hint: Streamline payroll processes)

MP Wired For HR

It’s no wonder that employee retention and engagement is a subject that keeps even the most capable finance and benefits teams up at night. Optimize the employee onboarding process, provide frequent employee recognition, offer professional development opportunities, and regularly evaluate compensation/benefits packages for starters.

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5 Reasons Why Hybrid Work Is the Future

Semos Cloud

However, after long, uninterrupted periods of working from home, some employers started to see employees’ productivity drop. . Get our eBook on 5 reasons why employee communication is essential for company success. . Increased productivity . More trust between management and employees .