Remove Compensation Remove Culture Remove Document Remove Retention
article thumbnail

Boost Employee Retention Rates with 5 Actionable Tips

ApplicantStack

Employee retention is a concern in companies of all sizes, but for small businesses, it’s especially vital to avoid costly disruptions. More than just offering a bonus or a perk here or there, employee retention practices start with the first job posting and go well beyond the interviews and job offers.

article thumbnail

Nonprofit Employee Retention

ExactHire Recruiting

Employee retention was considered a top challenge by only 13% of those surveyed. The survey also showed that only 16% of nonprofits have a plan for employee retention. If nearly 1 in 5 nonprofit employees voluntarily leaves his or her job each year, then it is safe to say that nonprofits face a big challenge with employee retention.

Nonprofit 156
Insiders

Sign Up for our Newsletter

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

article thumbnail

How To Handle Poor Compensation Communication

Recruiting Daily

With fairness and equity being the defining issues this year, clear compensation communication is a must. Although employers may come up with impressive compensation plans, they often handle the communication poorly. An employee’s perception of their compensation significantly impacts engagement and performance.

article thumbnail

A Guide to Managing Essential Onboarding Documents for New Hire Orientation

ApplicantStack

Managing onboarding documents isn’t always straightforward. But, if your onboarding document management isn’t seamless and intuitive, it can cause inefficiencies and delays down the line. But, if your onboarding document management isn’t seamless and intuitive, it can cause inefficiencies and delays down the line.

article thumbnail

Should Your Job Listings Include Salary Information?

ApplicantStack

Along with education and experience requirements, compensation immediately determines if someone will apply for the job or move on to the next one. Salary transparency is the act of openly discussing wages in job postings, in interviews, and as a part of company culture. Some prefer to present a large salary range in the job listing.

article thumbnail

Employee volunteering policy template

Workable

An employee volunteering policy should include: Types of supported volunteer activities Time-off and compensation policies Eligibility and participation Liability and risk management What is a corporate volunteer policy? Step 4: Detail time-off and compensation Explain the company’s stance on time off for volunteer activities.

Policies 118
article thumbnail

Successful Businesses Build Strong Company Cultures

PowerToFly

According to the MIT Sloan Management Review, “toxic workplace culture” was the most critical factor. It was 10 times as powerful in predicting attrition in a company as salary or compensation. In one estimate, toxic workplace cultures cost American companies almost $50 billion a year in employee turnover. Why is it important?

Culture 59