Remove 2014 Remove Compensation Remove Retention Remove Survey
article thumbnail

Why Is It So Important to Communicate Total Rewards?

HRsoft

Communicating total rewards is an important aspect of any retention and engagement strategy. While compensation may indeed only be one piece of what works to attract and retain employees, it is quite a significant piece. Employees should be able to understand the organizational philosophy, and how that fits into compensation decisions.

article thumbnail

The Benefits of Providing Free Food at Work

Indeed

Studies show that 32% of companies offered free refreshments in 2018, up from 20% in 2014. At 40 hours per week, this person is being compensated the equivalent of $40 per hour — or $20 per half-hour. It helps with retention. Here are a few of them. It’s cost-effective.

Benefits 122
Insiders

Sign Up for our Newsletter

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

article thumbnail

Using Compensation Planning to Improve Engagement & Retention

HRsoft

One such strategy is effective compensation planning. How Can Compensation Planning Help Improve Engagement & Retention? In response to that, about 63% of the companies have referenced retention as top focus of compensation and more than half of the companies that were surveyed use some form of pay-for-performance strategy.

article thumbnail

Optimistic Employers Embrace Benefits for Talent Attraction

Recruiting Daily Advisor

These are two key findings from the 2018 Aflac WorkForces Report (AWR), a national online survey of 1,700 benefits decision-makers and 2,000 employees across the U.S., More than half (55%) of employees surveyed would be at least somewhat likely to accept a job with lower compensation but a more robust benefits package.

article thumbnail

How to Recruit Candidates With DEIB In Mind

PowerToFly

We know that Black and Latino students, for instance, have been earning both bachelor’s and master’s degrees at historic rates , and that, according to one 2014 study , universities have been graduating Black and Latino computer science and engineering students at double the rate top tech companies are hiring them. Ask for employee referrals.

How To 56
article thumbnail

Recruiting Healthcare Workers: Why Your Values Count

Glassdoor for Employers

To aid talent acquisition pros in their hiring, Glassdoor surveyed healthcare workers how they prefer to be recruited, what might motivate them to leave their current company and what they really value on the job. Be realistic about job duties and compensation… same goes for company goals and culture. Prognosis and prescription.

article thumbnail

The Recruiter’s Guide to Retaining Tech Talent

SmartRecruiters

An equally formidable challenge is talent retention. According to the Harris Allied 2014 Tech Hiring and Retention Survey finding and hiring top tech talent is the biggest concern for hiring managers—closely followed by retaining talent. 2) Emphasize Benefits Over Compensation. Doing so is a competitive advantage.

Retention 131