Remove Benefits Remove Comparison Remove Retention Remove Survey
article thumbnail

Why Bonuses Don’t Work to Improve Employee Retention

Contract Recruiter

There are many different ways a company can encourage employee retention; one of the most popular is the retention bonus. Retention bonuses have tons of issues; foremost among those issues is a simple fact: there’s no evidence that they work. What is a Retention Bonus, Specifically? What’s wrong with that?

article thumbnail

I Love My Job…But I Have to Quit: How to Retain Your Gen Z Workforce

Recruiting Daily

By way of comparison, Millennials saw a rise of only 88% during the same period. Almost half (46%) of Gen Zs are pulling double duty and currently have either a full- or part-time job in addition to their main one, a Deloitte survey shows. It is no surprise that Gen Z (Ages 18-26) is facing ever-growing mounting debt.

How To 69
Insiders

Sign Up for our Newsletter

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

article thumbnail

65+ Critical Employee Wellness Statistics of 2023

Recruiting Blogs

Productivity, growth, job satisfaction, retention, and other essential business metrics are inextricably linked to the wellbeing of a company’s workforce. A 2022 study from the International Foundation of Employee Benefits found that employee assistance programs (EAPs) are offered by 90% of employers. annual decrease in revenue.

article thumbnail

Top 10 Strategies for Sourcing Highly-Qualified IT and Engineering Candidates

Contract Recruiter

Utilize Niche Job Boards and Websites Rather than relying solely on general job boards, consider targeting niche job boards and websites specifically catering to IT and engineering professionals. This will increase the chances of attracting highly-qualified candidates.

article thumbnail

How To Improve Employee Productivity – 10 Tested Ways [2024]

Hundred5

Improving employee morale and retention: A productive work environment streamlines workflows and motivates team members. Capacity planning tools like Toggl Plan can help you foster all these benefits. According to a Gartner survey, 43% of respondents revealed that they are more productive when they have flexible working hours.

How To 96
article thumbnail

New Data: What Recruiters Get Wrong About What Candidates Want

Linkedin Talent Blog

This comparison reveals a few interesting gaps and misalignments. Surprisingly, recruiters might be undervaluing factors as essential as employee happiness, while overemphasizing certain perks and benefits. 1 priority for candidates, whereas candidates say — quite clearly — that it’s compensation and benefits.

Data 49
article thumbnail

New LinkedIn Research Reveals Employees Don't Care About Cool Office Perks—Here’s What Really Matters

Linkedin Talent Blog

But, according to our r ecent survey of over 3,000 U.S. According to our respondents, what they care most about are core benefits—things like health coverage and paid time off. To understand exactly what companies should focus on to attract and retain talent, we dug into survey results. Only 12% said game rooms.