article thumbnail

Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

article thumbnail

How Christian Horizons Used DailyPay to Improve Employee Engagement

DailyPay

OVERVIEW Christian Horizons needed to retain existing employees and improve employee engagement while remaining conscious of their bottom line INDUSTRY Senior Living Center THE PROBLEM Attrition was an ongoing problem for Christian Horizons and the continuous staffing gaps were becoming increasingly damaging. It all checked out.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Role of Data Analytics in Benefits Management

Winston Benefits

Employee benefits are a great tool that companies can use to attract talent, make their current workforce feel more valued, and revamp employee engagement. However, sometimes employees either aren’t taking advantage of benefits, need them to be communicated better, or think similar offerings would appeal to them more.

article thumbnail

Why Crunchbase gives employees time off to volunteer

HR Brew

There was one exception, though: Volunteering did show positive outcomes, with participating employees showing a stronger sense of belonging, collaboration, and feeling supported in handling stress. Though volunteering isn’t a standard employee benefit, it may be becoming more common.

article thumbnail

IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions

Extensis

Managing employee benefits has become more complex over the years, which is why more companies are choosing to outsource these functions. A recent survey conducted by the International Foundation of Employee Benefit Plans (IFEBP) estimates one-third of companies have increased outsourcing of benefit functions in the past five years.

article thumbnail

Gallagher Study: Top Factors Driving Employee Engagement and Retention

Extensis

Quick look: In 2021, Gallagher data showed employee engagement and retention strategies were not aligned, meaning employers had to work twice as hard to keep their top talent. Employee engagement has always been an essential part; however, Gallagher reports not all engagement tactics performed in the same way.

article thumbnail

Remote Work Impact: The Employee Engagement Decline Is Causing Panic

HR Digest

When paired with other worrying stats such as another Gallup report that states that 51 percent of global employees are actively looking for another job , it is clear why companies want their employees in the office where they can keep their eye on them. Employee Disengagement Statistics: What Do the Numbers Mean?