The Staffing Stream

JANUARY 25, 2023

A confluence of factors — ongoing inflation, talk of a recession, an exodus of baby boomers from the workforce and lingering pandemic-related adjustments, to name a few — all contributed to uncertainty on which workers capitalized by seeking new roles and boosted compensation. Many of them succeeded.

Retention 93

Retention Compensation Trends Staffing 93

Linkedin Talent Blog

APRIL 18, 2023

There are three things that should matter most to hiring professionals right now — retention, retention, retention. Attitudes about employee retention can vary depending on the industry and the whims of the job market. Here are five common misconceptions about employee retention. 2 reason for job-hopping.

Retention 49

Retention Compensation Study Survey 49

Recruiting Daily

JANUARY 18, 2022

A recent Stanford University study that examined the relationship between the governance model of organizations and their negative demand evidenced that companies with lousy work environments experienced the highest attrition. Conversely, organizations with good culture and supportive employee treatment did well in employee retention.

Retention 87

Retention Strategy Compensation Social Media 87

HRsoft

JANUARY 22, 2018

For multinational corporations, having international compensation planning software is an absolute must. Compensation planning is complex enough to manage without factoring in differences from one country to the next. Yet, it international compensation planning can be done– as long as you have the right tools in place.

Compensation 49

Compensation Software Benefits System 49

Achievers - Recruiting

FEBRUARY 2, 2021

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

Benefits 103

Benefits Insurance Insurance Survey 103

Glassdoor for Employers

APRIL 10, 2019

As a leader in workplace transparency, Glassdoor has conducted a new economic research study and survey on the topic of the gender pay gap and salary transparency. Therefore, it’s more vital than ever to have a fair compensation philosophy and to convey that to job seekers and employees through a compelling employer brand. Learn More.

Study 97

Study Compensation Survey Employer Branding 97

Linkedin Talent Blog

MAY 22, 2022

But there are plenty of other reasons why retention matters. High employee retention means that teams are stable, passionate, and qualified. High employee retention means that teams are stable, passionate, and qualified. We’ve come up with 30 high-impact steps that you can take to improve your retention.

Retention 49

Retention ATS Compensation Onboarding 49

ApplicantStack

MARCH 12, 2024

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.

Retention 92

Retention ApplicantStack Small Business Job Descriptions 92

Social Talent

FEBRUARY 14, 2017

Employee retention is one of the key aspects to a company’s success. A study by Harvard Business Review shows that the ideal ratio between positive and negative suggestions is 5.6 Your action step : Find a course or a book for your employees to study this month. Compensation. Health benefits. Stability.

Retention 129

Retention Strategy Construction Education 129

Indeed

MAY 20, 2019

Studies show that 32% of companies offered free refreshments in 2018, up from 20% in 2014. Imagine an employee who makes $85,000 once benefits are included. 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.

Benefits 122

Benefits ATS Compensation Retention 122

Gecko Recruiting

SEPTEMBER 28, 2023

While the minimum wage may be the starting point for many entry-level positions, employers within the hospitality industry strive to provide competitive compensation packages to retain their talent. As a result, they must offer appealing salaries and benefits to ensure that their employees are satisfied and motivated to stay long-term.

Industry 78

Industry Compensation Training Retention 78

Linkedin Talent Blog

FEBRUARY 4, 2024

Benefits of including a pay range on job postings While some organizations include pay ranges on job postings to comply with a legal requirement, others embrace this level of transparency for the many benefits it brings. Boost recruiter productivity Compensation is the top reason candidates decline job offers. academics.

Compensation 49

Compensation Retention Benefits Strategy 49

CareerArc

MARCH 16, 2022

Ah, retention. And so, without any further ado, here are the results of our study. Financially, those who quit were more likely to receive a bigger financial benefit than those who stayed. Salary compensation is not the only thing employees want. Pay increases remain a strong retention and talent acquisition tactic.

Survey 52

Survey Retention Talent Acquisition Social Media 52

Namely - Talent

JUNE 14, 2023

When it comes to employee retention, compensation is just the tip of the iceberg. Studies show that when employers provide generous non-monetary benefits, employee loyalty and longevity soar.

Retention 52

Retention Benefits Tools Compensation 52

JazzHR

NOVEMBER 16, 2018

An attractive compensation and benefits package is one of the best ways to recruit new hires and retain current staff, but being too generous is obviously a strain on the budget. When putting together a compensation and benefits strategy, you want to find a way to offer pay and perks that are desirable, yet feasible.

Compensation 120

Compensation Benefits JazzHR Financial 120

Hiretual

JULY 11, 2023

Today's workforce values factors beyond just monetary compensation. Employee Engagement and Retention Employee retention has become a pressing concern for organizations. To enhance employee retention , organizations must prioritize creating a positive work environment.

eBook 62

eBook Hiring Policies Retention 62

Recruiting Daily Advisor

OCTOBER 19, 2018

What’s driving these renewed feelings is also the key to attracting top talent: robust benefits. 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., Optimistic Employers Embrace Benefits. Job Satisfaction Rebounds.

Benefits 64

Benefits Insurance Insurance Healthcare 64

Rezoomo

JULY 26, 2018

In today’s candidate-driven market, 57% of candidates list benefits and perks among their top considerations before accepting a job (Harris Poll for Glassdoor, 2015). Even more staggering is the fact that nearly 80% of workers would prefer new or additional benefits to a pay increase (Glassdoor Employment Confidence Survey, October 2015).

Employer Branding 48

Employer Branding Benefits Insurance Insurance 48

CareerBuilder

JUNE 14, 2017

You can’t always offer the competitive salaries that bigger companies can; however, that doesn’t mean you can’t compensate with benefits. Investing in employee benefits can provide a huge return. Not only that, the better the benefits, the more you will be able to attract top talent. Health care. Corporate discounts.

Small Business 59

Small Business Benefits Retention Insurance 59

Recruiting Daily

SEPTEMBER 10, 2022

Compensation and benefits are not the only or most important cornerstones to successfully recruit new graduates. However, developing career advancement paths as part of recruitment and retention strategies cannot be a cookie cutter approach. Competitive Compensation. are they employee-led?)

Compensation 84

Compensation Diversity Enterprise Onboarding 84

Social Talent

AUGUST 13, 2020

In our E-Book on How to Increase Diversity Through Improved Hiring and Recruitment Processes , we uncovered some very interesting insights on the benefits of embracing diversity, including: Most studies surrounding diversity in the workplace have found that for every 1% increase in gender diversity, company revenue increases by 3%.

Diversity 227

Diversity Pharmaceuticals Tourism Social Media 227

Recruiter Flow

MARCH 25, 2024

Also, communicate the benefits of a win-win partnership. Establish key performance indicators (KPIs), such as retention rates, candidate satisfaction, and recruitment metrics such as time to fill, time to hire, etc, that can lead to better outcomes for both parties. Highlight the features, benefits, and overall value of your services.

How To 52

How To Compensation Social Media Financial 52

Ongig

AUGUST 15, 2022

A Fairygodboss study on How 2020 Changed the Job Search Landscape shows: “60% of men and 52% of women viewed financial benefits as the most important factor when looking for and evaluating potential employers and job opportunities.” Results show compensation remains the #1 driver in career opportunities across the board.

Job Descriptions 72

Job Descriptions Workable Compensation Study 72

Ongig

APRIL 25, 2023

Job description benchmarking is similar to salary benchmarking, where you study how other companies list their compensation packages. Instead, you’ll study their job descriptions and internal details to ensure you aren’t missing key components to complete tasks successfully. So, where do you start? This keeps you consistent.

Job Descriptions 59

Job Descriptions Compensation Study Software 59

Recruiters Lineup

FEBRUARY 7, 2024

These contracts should include details such as job responsibilities, working hours, wages, benefits, and the duration of employment. Any work beyond these standard hours is considered overtime and should be compensated accordingly. Negotiations may occur regarding these terms, particularly salary and benefits.

Agriculture 94

Agriculture Hiring Compensation Healthcare 94

Eightfold

APRIL 23, 2019

Companies that actively engage with their employees’ growth and development take an intentional, employee-centered approach that is crucial to retention. While pay and benefits might initially convince a candidate to accept a job offer, long-term opportunities to grow keep new hires in that role. Offer Financial Incentives.

Retention 48

Retention Strategy Financial Policies 48

Breezy HR

JANUARY 23, 2019

With more employers and less talent, you need to make sure your perks and benefits are irresistibly awesome. One study published by the Association of American Medical Colleges reports a shortfall of over 40,000 primary care physicians, surgeons and medical specialists over the next decade. million new jobs!). some won’t.

Healthcare 48

Healthcare Benefits Insurance Insurance 48

Vervoe

SEPTEMBER 19, 2022

The financial cost of the skills shortage, according to a Korn Ferry study. This echoes “lack of interest” and “non-competitive benefits” as other top reasons, as suggested by the SHRM report. Consider the following research: Companies aren’t offering competitive compensation, benefits, or compelling culture offerings.

Data 138

Data Compensation Job Boards Employer Branding 138

NPA Worldwide

AUGUST 13, 2019

Methods and practices for employee attraction and retention will need to be examined. Let’s take a look at some of the attraction and retention issues that will need to be examined. Benefit Offerings. The most obvious benefit is compensation. Retention Strategies.

Retention 88

Retention Compensation Groups Policies 88

ExactHire Recruiting

DECEMBER 5, 2022

We’ll get into the core definitions and benefits of adopting a fair and equitable pay platform, as well as answer why any employee might want pay equity. This pay includes all aspects of compensation, including base salary, bonuses, overtime rates, benefits, and opportunities for advancement. How Pay Equity Benefits Employers.

Compensation 296

Compensation Reference Retention Guidelines 296

Broadleaf

DECEMBER 27, 2021

According to the study, 52 percent of workers have taken on greater responsibilities to atone for considerable employee turnover within their organization—while more than 55 percent of workers believe they are being underpaid in their role. How Companies Can Overcome the Current Talent Shortage.

ClearCompany 92

ClearCompany Study Construction Talent Acquisition 92

Recruiting Daily

MAY 11, 2023

According to a study conducted by Universum Global, 97% of the employers around the world admitted that employer branding is their topmost priority. Attraction of Top Talent One of the primary benefits of a strong employer brand is the ability to attract top talent.

Employer Branding 80

Employer Branding Social Media Culture Media 80

Hospital Recruiting

JANUARY 2, 2024

Key Takeaways Tell candidates when they’ll be working Talk about the salary in concrete terms, not vaguely Be clear about duties and responsibilities Sell the benefits package! Physicians should be well-informed and proactive when engaging in these negotiations to protect their interests and optimize their professional lives.

Healthcare 99

Healthcare Financial Interviews Insurance 99

Glassdoor for Employers

DECEMBER 6, 2019

Eighty-four percent of Millennial workers (Source: “ The 2017 Deloitte Millennial Survey ,” 2017) report some degree of flexible working arrangements at their current employers, and advocates claim benefits can range from increased workforce diversity, productivity, and retention to reduced stress and costs.

Hiring 109

Hiring Real Estate Conference Retention 109

Recruiters Lineup

JANUARY 28, 2024

The contract should outline essential terms and conditions of employment, such as job description, working hours, salary, benefits, and termination procedures. It’s crucial for employers to comply with these regulations to ensure fair compensation for employees working extra hours.

Hiring 79

Hiring Tourism Agriculture Onboarding 79

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

Vervoe

SEPTEMBER 13, 2022

In this article, we’ll articulate what a product manager is, a breakdown of the current demand, and four questions to consider when creating a product team — including compensation, role type, team structure, and skill validation. Product managers are in high demand in the United States, yet their retention rate is low.

Assessment 117

Assessment Compensation Engineering Banking 117