Remove 2008 Remove Benefits Remove Retention
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Raising the (Minimum Wage) Bar

JazzHR

Following raises in 2007 and 2008, the federal minimum wage hasn’t budged since 2009, when the government set the wage at $7.25 Employers that raise their wages before it’s legally mandated to do so can benefit from higher employee satisfaction and retention rates.

JazzHR 24
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The October Jobs Report: Why You Need A Focused Approach to Hiring Talent 

Hireology

With a national unemployment rate of 6.9%, we continue to inch closer to pre-pandemic levels of employment, and have made it back to the level of unemployment that we saw two to three years after the 2008 recession. Even during times of record high unemployment, companies experience retention challenges, and business impacts can be severe.

Report 148
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The Surprising Reason the Majority of Employees Are Ready to Quit Their Jobs

Recruiting Daily Advisor

According to Gallup’s State of the American Workplace report , higher employee engagement translates to 24% greater worker retention, 21% higher profitability, and 17% more productivity. 85% of employees consider effective communication an “employee benefit.”. How Did We Get Here? Russ Fradin is the CEO of Dynamic Signal.

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Small Businesses Attracting Talent with Better Benefits, Study Says

Recruiting Daily Advisor

Larger organizations have already been using the lure of better benefits to attract candidates. A new study shows that small businesses are joining the fray of the talent war by rolling out the best benefits they can muster. Benefits Boost Employees’ Financial Security. juststock / iStock / Getty Images Plus.

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What Do Tech Workers Really Want?

Indeed

To tech talent, fancy offices with quantifiable perks may actually be less alluring than more intangible benefits, such as the openness of company leaders, charitable giving initiatives and the company’s brand values. Top perks and benefits involve self-improvement. Workers want advancement and flexibility in a new job .

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The Hidden Workplace Problem: The Financial Stress of Living Paycheck to Paycheck

Recruiting Daily

Many of them graduated college in a challenging job market created by the 2008 financial crisis, and the pandemic caused the second recession of their adult lifetime in addition to a subsequent housing crisis. An effective financial wellness benefit, EWA helps employers support their employees’ financial wellness.

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5 Things You Should Do to Get Your Employees to Stay Longer

Linkedin Talent Blog

In a recent survey by Deloitte , 78% of business leaders ranked employee retention as important or urgent. Yet, earlier this year the Department of Labor reported that employee turnover is at its highest level since 2008. Cleary, employers retention efforts are failing. Need more challenging work. Unhappy with compensation.