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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Leading companies like Microsoft and Google are known for providing exceptional compensation to their employees, but not every business can afford top dollar to fill every role. Here, other forms of monetary compensation are useful as well. These can also take the form of defined wellness programs that an employee can avail of.

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A Complete Guide To Employee Recognition

Vantage Circle

It can be a meaningful ‘well-done’, a high-five, or a special shout-out on social media. These gestures help build an emotional connection between the company and the employee. Employees feel valuable and that they matter. 83% of HR Leaders say employee recognition strengthens their organizational values.

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The Ultimate Guide To Employee Rewards and Recognition

Vantage Circle

Appreciation is limited to a particular section of the workforce. Measurement of the ROI of routine employee appreciation. There is more hunger for love and appreciation in this world than for bread. Benefit 4: Boosts Team Spirit. Benefit 5: Empowers Employees. increase in average employee performance.