4 Corner Resources Staffing Blog

JULY 15, 2021

What is Employee Retention? Employee retention refers to a strategic set of actions taken by an organization to keep its employees motivated and engaged, the ultimate goal is to keep them on the job and focussed. Impacts Retention Has On Organizations. Taking steps to mitigate turnover can come with a big financial upside. .

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NPA Worldwide

JANUARY 5, 2023

One of the biggest dilemmas facing small business owners today is whether to offer health insurance as an employee benefit. Can I afford to offer these benefits?” “How According to a 2017 survey from Lending Tree found that 33% of people have turned down a job offer due to lack of employee benefits.

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Recruiting Daily

NOVEMBER 2, 2022

population was living paycheck to paycheck, as rising inflation increased the everyday cost of living and financial insecurity. A recent survey found that 60% of millennials earning more than $100,000 per year report living paycheck to paycheck. The typical biweekly paycheck cycle makes financial matters even more challenging.

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Devskiller

NOVEMBER 18, 2023

Within the realm of contemporary enterprise, the employee retention rate transcends its role as a mere statistic—it serves as a barometer for a company’s overall well-being and dynamism. The critical role of employee retention Employee retention stands as a fundamental pillar in the architecture of a thriving business.

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PandoLogic

JUNE 27, 2022

From the employee side, flexibility, benefits, and potential for growth are still top priorities. One of the most effective ways to gauge how employees feel about your culture is through an employee survey. 6 Employee Survey Questions About Culture. Personal and financial growth is the first priority for many younger workers.

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JazzHR

JUNE 2, 2020

For many, the benefits of remote working and hiring are becoming harder to ignore, especially with the rise of effective, affordable communication technology. The benefits: Lower employer overheads. Perhaps the most obvious benefit for employers is the fact that a move to remote working brings the potential for significant savings.

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Prism HR

MARCH 8, 2024

Guardian’s 12th Annual Workplace Benefits Study found that these recent economic challenges are having a significant impact on three key areas of worksite employees’ well-being: financial, emotional and physical. Fostering worksite employees’ well-being is crucial for productivity and retention within a workplace.

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4 Corner Resources Staffing Blog

NOVEMBER 29, 2023

These challenges are particularly evident when examining the hiring trends in financial services. Banking, insurance, accounting, and other financial-related organizations contend with intense competition for employees and a need for experienced prospects. AI has also changed the game when it comes to financial roles.

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Jobvite

JUNE 24, 2021

The financial services industry has seen dramatic shifts in the last year due to the impact of COVID-19. We surveyed financial services recruiters last fall as well as job seekers this spring to get a sense of the changing priorities, stressors, and challenges they’re experiencing. Let’s Hear your Safety Plan.

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Recruiting Daily

DECEMBER 16, 2021

By offering competitive salaries as well as benefits like flexible and remote work, recruiters can get ahead, though they often overlook the advantages of other financial benefits, like paying in the way that works best for employees and enabling workers to earn financial rewards on top of their income.

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Recruiting Daily

JANUARY 19, 2022

UpCity surveyed workers across a variety of industries in the U.S. Of the individuals surveyed, 58% strongly agreed that their company valued diversity, equity and inclusion, and another 17% fell into the “agree” category. A Harvard Business Review report examined several studies that illustrated the benefits of workplace diversity.

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Contract Recruiter

NOVEMBER 26, 2021

There are many different ways a company can encourage employee retention; one of the most popular is the retention bonus. Employees who stick around get a bonus to financially reward their loyalty. Retention bonuses have tons of issues; foremost among those issues is a simple fact: there’s no evidence that they work.

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ClearCompany Recruiting

DECEMBER 9, 2021

Recently, we looked at the benefits of using software to create or improve employee engagement strategies. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. Financial well-being: Adequate resources and money management abilities. Be Transparent.

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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.

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Namely - Talent

NOVEMBER 30, 2017

Wellness has taken the benefits world by storm. According to PwC’s 2017 Employee Financial Wellness Survey , 53 percent of all employees are stressed about their finances, and those who are stressed are more likely to cite health issues as a result.

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Recruiting Daily

APRIL 4, 2024

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. According to a new survey from Harris Poll and DailyPay, about 3 in 4 Gen Z hourly workers like or love their job. A popular byproduct of the gig economy is flexibility.

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EmployeeReferrals.com

MAY 25, 2021

Ultimately, there's a lot to like about referrals, particularly when it comes to improving employee retention. Let's look at four ways employee referrals can help your business optimize its retention levels. They are also more likely than others to reach their financial goals, creating a windfall for the companies and their employees.

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Ongig

FEBRUARY 29, 2024

And they also think a lot about retirement plans, financial security, and insurance as part of their plans for life after work. Multigenerational Workforce Benefits Having a mix of different age groups in your workforce isn’t just good for making work better and getting more done.

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Prism HR

JUNE 13, 2019

Did you know 25% of employees would most like to see financial wellness added to their employee benefits? And ultimately, financial wellness programs not only benefit the employee, they can directly impact your organization through increased productivity, a reduction in stress-related health claims and employee retention.

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Hoops

FEBRUARY 23, 2018

Their experiences at work matter, especially at a time when retention risk is at its peak. In its 2016 Global Workforce Study , Willis Towers Watson says that retention risk is driving companies to keep up with employees’ changing expectations. This is yet another advantage of a talent management platform. .

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Recruiting Blogs

FEBRUARY 15, 2023

The financial sector is one of many that is struggling with staff numbers and recruitment following the coronavirus pandemic. Digital transformation is revolutionising a number of day-to-day tasks within the financial industry, changing the nature of the job.

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SmartSearch

JANUARY 5, 2020

The Society for Human Resource Management reveals companies are using employee benefits as a critical competitive strategy for recruiting and retention. When surveyed, 29% of job seekers share they want better benefits. With these facts in mind, employers are looking for the benefits that motivate employees and new hires.

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Recruiting Daily

DECEMBER 27, 2022

The financial burden on individuals and households continues to worsen with rising inflation and global instability, causing many employees to feel the pressure of meeting their day-to-day financial needs. These challenges are pushing employees to take control of their own financial futures. At the start of 2022, 64% of the U.S.

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Recruiting Daily Advisor

OCTOBER 19, 2018

What’s driving these renewed feelings is also the key to attracting top talent: robust benefits. However, despite many reasons to be positive, employees and employers continue to have healthcare financial concerns. Benefits satisfaction has reached a new high among workers since the first AWR was released in 2011. worksites. “Our

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Homebase

OCTOBER 19, 2023

When done right, pay experience can positively impact employee satisfaction, retention, and performance while also attracting new talent to your business. It might seem like payroll errors are few and far between, but our survey of 500 small business owners in the US found that 76% have made a payroll calculation error in the past.

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Recruiting Blogs

MAY 16, 2023

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.

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Vervoe

JUNE 30, 2022

And we’re not just talking about improved staff satisfaction and retention, increased productivity and innovation, and lower turnover rates. What are the top benefits of gender diversity in the workplace? Yet, the benefits don’t end here. Let’s take a closer look at the five main benefits of gender diversity in the workplace.

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Contract Recruiter

OCTOBER 1, 2021

Here are the many benefits of hiring remote/virtual employees. Financial Benefits. Depending on your business, a cost-benefit analysis might reveal that transitioning to a largely remote workforce is simply better financially while maintaining the same or higher levels of service. Other Business Benefits.

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Recruiting Daily Advisor

DECEMBER 7, 2018

In order to win the war for talent, your company should be offering a robust benefits package that stands out from your competition. The national burden of student debt is sparking interest in employer-sponsored benefits that offer relief. Higher Pay and Better Benefits. relif / iStock / Getty Images Plus.

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Vervoe

JULY 7, 2022

A 2017 CareerBuilder survey found that three in four organizations (74%) admit hiring the wrong person for a role. The impact of not finding the right candidate for a role is a costly financial burden to an organization. A CareerBuilder survey found, on average: A bad hire costs almost $15,000 Losing a good employee costs $30,000.

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Sparks Group Recruiting Blog

JUNE 7, 2023

Download our free handout Increase Employees’ Compensation and Benefits Options Providing employees with competitive salaries and benefits packages can help reduce turnover and attract more highly qualified talent. According to Buffer’s 2023 State of Remote Work, many people appreciate the flexibility of working from home.

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The Staffing Stream

NOVEMBER 22, 2021

Especially post-pandemic, individuals are much more willing to jump ship if better prospects come their way — one survey found that 56% of employees were actively looking for job opportunities this year while 36% were passively open to them. Why retention matters. Competitive salary and benefits.

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Workable

SEPTEMBER 5, 2023

To help leaders adapt, we surveyed 750 US and 500 UK workers to better understand what’s important to them in a job. We then compared the findings to the data from our original Great Discontent survey in 2021. survey report – spotlight clear transformations in what employees now value most. What do workers want now?

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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).

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Recruiting Daily Advisor

FEBRUARY 28, 2023

Different employees prioritize different aspects of their financial well-being based upon their personal situations and financial needs. According to recent research , 38% of workers share the top financial goal of saving for retirement while 27% share a top goal of building an emergency savings fund. Here’s what he had to say.

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Recruiting Daily Advisor

MARCH 20, 2019

As the Boy Scouts say, “be prepared,” and when it comes to your benefits offerings, you’re definitely going to want to plan way ahead to attract talent in 2020. First, though, you must understand the workers you are catering your benefits package to. So, what kinds of benefits are they looking for? Paid family leave (52%).

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Recruiting Daily Advisor

OCTOBER 10, 2023

Often important elements like financial well-being, that can have a significant impact on an employee’s mental health, are overlooked. So what are business leaders doing to enable their people to thrive –not only professionally, but also mentally, emotionally and financially?

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