article thumbnail

Opportunities for Small Regional Insurance Carriers in the Talent Shortage Era

Recruiting Blogs

© 2024 Neeljym Search Group ® All Rights Reserved [link] As we ushered in the new decade in 2020, the insurance industry found itself grappling with a talent shortage. Large insurance companies are implementing layoffs and enforcing return-to-office policies, triggering additional early retirements and industry exits.

article thumbnail

Opportunities for Small Regional Insurance Carriers in the Talent Shortage Era

Recruiting Blogs

© 2024 Neeljym Search Group ® All Rights Reserved As we ushered in the new decade in 2020, the insurance industry found itself grappling with a talent shortage. Large insurance companies are implementing layoffs and enforcing return-to-office policies, triggering additional early retirements and industry exits.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is a Good Compensation Package? How to Decode Salary, Benefits, & Perks

Zengig

While the role itself, company culture, and growth opportunities matter, compensation is, for many, the most important of all. So, what exactly is a good compensation package, and why should you care? What is a compensation package? Benefits include anything from health insurance to retirement plans.

article thumbnail

Advocating for Women in Insurance: A Current State Analysis

Slayton Search Partners

There is a surprisingly rich history of women in insurance. Over a century later, today’s insurance industry has continued to build on that early foundation, boasting a workforce that is 60% women. That’s good news for gender diversity in insurance, but the work isn’t done. The State of Gender Diversity in Insurance.

article thumbnail

Leveraging Compensation: Why Pay Equity Is Key to a High-Performing Workforce

Slayton Search Partners

Despite challenges, fair compensation remains critical to talent attraction and retention. Compensation is vital to talent attraction and retention today. High pay has reemerged as the most important job quality for workers in 2023, ranking above job security, culture, and even flexibility. How Is Compensation Calculated?

article thumbnail

The Top-Rated Workplaces for Compensation and Benefits

Indeed

And in today’s world, compensation is so much more than just a number — it also includes the added benefits offered to you by your company, such as health insurance, wellness, time off, bonuses and more. In short, investing in competitive compensation is an investment in your firm. Here’s what we found.

article thumbnail

How Your Company Retains Top Talent With the Right Compensation Software

TalentLyft

Your compensation strategy is an important part of your organization’s overall success. Compensation planning involves more than just employee salary, health insurance, or bonuses you provide. In this article, we will be discussing the ways your company can retain top talent with the right compensation management solution.