Slayton Search Partners

APRIL 19, 2023

Despite challenges, fair compensation remains critical to talent attraction and retention. Compensation is vital to talent attraction and retention today. Demand for fair compensation—a concept that has proven difficult to define—will only escalate in the wake of rising inflation rates and imminent recession concerns.

Compensation 69

Compensation Retention Insurance Insurance 69

HRsoft

AUGUST 16, 2018

Compensation statements, also sometimes referred to as employee benefit statements or total reward statements, give employees an in-depth look at how they’re being rewarded. What Do Compensation Statements Contain? Understanding the full value of employment may even help to drive engagement and retention.

Compensation 60

Compensation Insurance Insurance Reference 60

JazzHR

NOVEMBER 30, 2018

A Glassdoor survey from 2015 found that 79 percent of employees over the age of 18 said they would prefer a new benefit to a pay increase, meaning that the proper implementation of a new suite of benefits can have a hugely positive impact on morale and employee retention. Tout new benefits early and often.

Benefits 136

Benefits JazzHR How To Compensation 136

HRsoft

MAY 11, 2020

Compensation statements, also sometimes referred to as employee benefit statements or total reward statements, give employees an in-depth look at how they’re being rewarded. What Do Compensation Statements Contain? Understanding the full value of employment may even help to drive engagement and retention.

Compensation 56

Compensation Insurance Insurance Reference 56

PandoLogic

JUNE 2, 2023

8 Effective Strategies to Improve Employee Retention Retaining talented employees is a top priority for organizations seeking long-term success. As businesses strive to create a positive work environment and keep their workforce engaged, a deeper understanding of what motivates employees and affects their retention becomes crucial.

Retention 59

Retention Strategy How To Insurance 59

ClearCompany Recruiting

APRIL 1, 2025

The 2020s are shaping up to be a decade of consistent change for nearly every aspect of human resources, employee compensation included. If your recruitment efforts are still relying on outdated or undefined compensation strategies, chances are its already costing you. Deep Dive: What Is Compensation Management?

Compensation 156

Compensation ClearCompany Strategy Insurance 156

Recruiting Daily

JUNE 14, 2024

For TA and recruiting, the Nurse.com 2024 Nurse Salary and Work-Life Report provides invaluable insights into the current landscape of nurse compensation, benefits, and workplace dynamics. Job Satisfaction and Retention 81% of nurses rated regular merit increases as most important for job satisfaction.

Talent Acquisition 104

Talent Acquisition Compensation Education Survey 104

Devskiller

DECEMBER 8, 2023

Organizations need to implement effective retention strategies to stay competitive. Employee retention is linked to organizational culture and satisfaction. Understanding employee retention metrics What are employee retention metrics? The significance of keeping talented employees is critical.

Retention 62

Retention Compensation Survey Training 62

Devskiller

DECEMBER 8, 2023

Organizations need to implement effective retention strategies to stay competitive. Employee retention is linked to organizational culture and satisfaction. Understanding employee retention metrics What are employee retention metrics? The significance of keeping talented employees is critical.

Retention 62

Retention Compensation Survey Training 62

HRsoft

JANUARY 11, 2023

Enterprise organizations have had to navigate all these challenges in recent years – is compensation management adding to your headaches? Compensation management is the process of how an organization pays its employees. This can include both direct and indirect compensation , such as salary, bonuses and benefits.

Compensation 52

Compensation Trends Retention Insurance 52

Recruiting Blogs

JANUARY 15, 2024

© 2024 Neeljym Search Group ® All Rights Reserved As we ushered in the new decade in 2020, the insurance industry found itself grappling with a talent shortage. Large insurance companies are implementing layoffs and enforcing return-to-office policies, triggering additional early retirements and industry exits.

Insurance 50

Insurance Insurance Compensation Talent Acquisition 50

Acara Solutions

SEPTEMBER 18, 2023

Here are eight strategies to maximize your organization’s talent attraction and retention success. Transparent and fair compensation practices will help increase employee trust and engagement and help attract and retain top talent. The most recent laws require employers to include this information in all relevant job postings.

Industry 107

Industry Staffing Strategy Compensation 107

Recruiting Daily

OCTOBER 23, 2023

Competitive Compensation: While you might not match the pay scales of larger firms, ensure your compensation is competitive for your sector and region. Onboarding and Retention: Beyond Recruitment Once the right candidate is identified and brought on board, the journey isn’t over.

Small Business 102

Small Business Onboarding Compensation Social Media 102

HRsoft

NOVEMBER 16, 2023

Decisions about employee compensation can have an undeniable impact on an organization. While larger compensation packages can cost a company more, they serve as an effective tool in boosting employee morale, improving work efficiency, and motivating team members to do more. Additional perks.

Compensation 59

Compensation Reference Benefits Insurance 59

Recruiting Daily

DECEMBER 14, 2021

Your health insurance and benefits package can help. Start with the obvious one — health insurance. A recent Insure.com survey of 1,000 workers found that 70% consider health insurance an essential part of recruitment and retention. But there’s more to health insurance than just offering one option.

Benefits 92

Benefits Insurance Insurance Healthcare 92

Vervoe

NOVEMBER 6, 2024

High expectations from candidates Considering the time and money experts spend acquiring niche skills, it’s no surprise that they usually command higher compensation. Attractive compensation and benefits Niche talents are in high demand, so you want to ensure your offer is attractive enough compared to competitors.

Hiring 62

Hiring Assessment Job Descriptions Job Boards 62

Zengig

SEPTEMBER 22, 2023

While the role itself, company culture, and growth opportunities matter, compensation is, for many, the most important of all. So, what exactly is a good compensation package, and why should you care? What is a compensation package? Benefits include anything from health insurance to retirement plans.

Compensation 52

Compensation Benefits Insurance Insurance 52

Spark Hire

JANUARY 20, 2015

The following 7 retention strategies can help ensure your employees will give their job their all and come back for more: . A combination of health insurance, dental coverage, hearing & vision coverage, pension/retirement saving plans, and paid time off can appeal to the employees that you wish to attain – and retain. Salary/Bonus.

Retention 60

Retention Strategy Mobile Insurance 60

Recruiting Daily

JANUARY 26, 2023

It also extends legal protection in case of litigation and justifies compensation and hiring decisions. New compensation laws in various states mandate employers’ disclosure of salary ranges in job ads. Furthermore, if your job descriptions lack important details like salary range, you are risking legal action.

Job Descriptions 99

Job Descriptions Compensation Retention Assessment 99

Hospital Recruiting

MARCH 7, 2024

The goal is to create an environment where healthcare professionals feel valued, supported, and equipped to handle the challenges of their roles, which in turn enhances recruitment and retention efforts. The key elements include: Robust Health Insurance: This is a cornerstone of your offering.

Healthcare 123

Healthcare Benefits Financial Insurance 123

Devskiller

OCTOBER 19, 2022

Use the interview findings to enhance your EVP, attract talented candidates and maintain a high retention rate. The extensive employee value proposition offers childcare, eldercare and pet care subsidies, education reimbursement, and life insurance. Identify what components resonate with your company. Photo by fauxels.

Employer Branding 127

Employer Branding Insurance Insurance Compensation 127

Achievers - Recruiting

FEBRUARY 2, 2021

Employee benefits are non-salary compensation and perks. They consist of government mandated and voluntary indirect and non-cash compensation. . Health insurance, and family and medical leave, are not required for all businesses. Some states have mandated disability insurance and retirement plan requirements. .

Benefits 103

Benefits Insurance Insurance Survey 103

Indeed

NOVEMBER 6, 2018

But attracting women to tech is only part of the battle; retention is an issue as well. So what is the biggest issue negatively impacting talent retention among women in tech? Over three quarters (76%) of women in tech said that this would help them to identify and negotiate more fair compensation for their role.

How To 119

How To Retention Diversity Mobile 119

4 Corner Resources Staffing Blog

DECEMBER 11, 2023

In addition to withholding certain payments, employers must also contribute to state and federal tax agencies, Social Security, Medicare, unemployment, and workers’ compensation funds on their employees’ behalf. They may also be eligible for employer-sponsored benefits like health insurance and retirement. and project-based.

Hiring 98

Hiring Insurance Insurance Compensation 98

Capterra

OCTOBER 4, 2018

Those with high retention, on the other hand, can fully focus on what ultimately matters: building a great product or service and achieving growth and profitability. Poor compensation, bad managers among top reasons employees leave small businesses. It’s time for small businesses to address stagnant compensation.

Small Business 93

Small Business SMB ATS Compensation 93

Homebase

JUNE 27, 2024

Weekly payroll can improve employee satisfaction and retention. Improves Employee Satisfaction and Retention Frequent payments help employees manage their finances better. It shows that the business values their hard work and is committed to providing timely compensation. However, the benefits might outweigh the challenges.

Retention 52

Retention Small Business Financial System 52

4 Corner Resources Staffing Blog

DECEMBER 3, 2020

Being an employer of choice comes with many benefits, most of which pertain to hiring and retention. Higher retention Workers at employer-of-choice organizations are engaged in their jobs and feel invested in the company’s success, which breeds loyalty. The basics are a must – health insurance, retirement, paid time off, sick leave.

How To 92

How To Insurance Insurance Airlines 92

The Jacobson Group

MAY 10, 2022

April saw strong job growth in the insurance labor market with the addition of nearly 20,000 jobs, according to the Bureau of Labor Statistics. Unsurprisingly, the unemployment rate for insurance carriers and related activities continued its steady decline since February, dropping to just 1.4% Unemployment held steady at 3.6%

Groups 52

Groups Insurance Insurance Retention 52

HRsoft

MARCH 27, 2023

Effective communication of total rewards is a crucial aspect of any retention and engagement strategy for companies. While compensation is just one element in attracting and retaining employees, it is a significant one. Many companies still struggle to effectively communicate their compensation packages to their employees.

Compensation 52

Compensation Retention Insurance Insurance 52

HRsoft

JUNE 14, 2020

You may also improve engagement and retention. Employees and potential recruits need to be aware of what benefits and compensation you offer. Employees may misunderstand vacation days, health insurance, and other things. You should also communicate why and how your company makes compensation decisions. Focus on retention.

Compensation 59

Compensation Retention Financial Insurance 59

Recruiting Blogs

AUGUST 16, 2023

You might hear whispers amongst employees about inadequate compensation. As soon as you hear rumors of general dissatisfaction, perform a compensation analysis. However, you might struggle more than most if you aren’t offering competitive compensation. Wait too long, and your employees might seek work elsewhere.

Compensation 65

Compensation How To Insurance Insurance 65

Broadleaf

DECEMBER 19, 2021

When the national labor shortage is combined with the declining value of the dollar resulting from inflation, it becomes clear why expectations around employee compensation are changing. To put things in perspective, compensation is now lower than it was in December of 2019. Trading Economics sees compensation trending up 3.6

Compensation 72

Compensation Energy Transportation Exercises 72

4 Corner Resources Staffing Blog

JUNE 19, 2023

Employers are responsible for a portion of their permanent employees’ taxes and things like unemployment insurance and worker’s comp in some states. This is because the only wage-related cost of temporary employees is their compensation, whereas permanent employees also bring costs in the form of taxes and benefits.

Benefits 98

Benefits Hiring Insurance Insurance 98

Workable

FEBRUARY 1, 2016

This matters to employers since the majority of their employees are not insured against the consequences. Some employers choose to take out group short-term disability insurance for their employees as a benefit. Productivity and retention. Still not sure it’s worth your while as an employer?

Policies 56

Policies Insurance Insurance Handbook 56

Celarity

FEBRUARY 4, 2021

In Part I of this series, I covered whether or not you can make a marketing leadership change without losing your full compensation, including salary and other financial incentives. Healthcare insurance. Factors Impacting Yearly Compensation. Retention Bonus. Healthcare Insurance. PTO payouts. Annual Bonus.

Healthcare 62

Healthcare Compensation Insurance Insurance 62

Vervoe

MAY 29, 2024

Promote employee retention According to PR Newswire , 39% of employees who have spent less than six months at a company plan to leave within the next year. This indicates poor employee retention in organizations, which is caused by many factors, of which employee burnout plays a major role.

Hiring 62

Hiring Insurance Insurance Screening 62

Recruiters Lineup

DECEMBER 5, 2023

Social Security: Employers are required to contribute to social security funds, which cover health insurance, pension, and other benefits for employees. Minimum Wage and Benefits: Be aware of the current minimum wage in Colombia and ensure that your compensation packages comply with the legal requirements.

Hiring 72

Hiring Insurance Insurance Government 72