Remove Compensation Remove Resources Remove Retention Remove Transportation
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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? Not all compensation packages are created equally.

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Minimizing Employee Turnover: The Importance of a Strong Talent Retention Plan

Transformify - Recruiting

Keeping Track of Employee Retention: Why it Matters Maintaining low employee turnover rates can bring numerous advantages to your business. Investing in employee retention strategies can help reduce operational costs, as six in 10 employers reported that low turnover rates decrease costs. turnover rate.

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Broadleaf’s Top Blogs of 2023

Broadleaf

With 66 percent of employees experiencing burnout, and nearly 40 percent working extra hours without compensation, leaders must address these negative effects now to combat further employee attrition and understaffing in 2024. Related: Emotionally Intelligent Leadership and Employee Retention What is MSP?

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Wages, Employee Retention and Benefits Align to Create Recruitment’s “Perfect Storm”

Recruiting Daily

Fast forward to today, where the “job quits” rate continues to be considerably high, with much of that concentrated in lower-wage earners who are transitioning back into the workforce with positions that offer higher compensation. In total, wages and salaries increased 4.5% Navigating Efficient and Creative Ways to Court Talent.

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Employee Retention Statistics: Why Businesses Need to Pay Attention in 2023

Recruiting Blogs

If you’re a recruiter or a human resources manager, you need access to the latest employee retention statistics. Armed with this and other employee retention statistics we’ll cover in this article, you can create an array of employee retention strategies. Transportation, warehousing, and utilities: 3.9%

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The Ultimate List of 60+ Job Description Benefits

Ongig

61% of applicants highlight compensation as the number one part of a job description , while 32% of employers believe that a competitive salary is the top reason employees quit. DEI initiative examples include employee resource groups, flexible holidays, mentorship programs, and DEI training.

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Employer Supported Child Care: A “How-To” Guide for Retaining Talent and Boosting Performance

Recruiting Daily Advisor

Utilizing tools such as caregiver Employee Resource Groups (ERGs), employee surveys, and open discussion sessions will help determine employees’ unique child care needs. Parents can withhold money from their paychecks before it is taxed to pay preschools, nannies, and transportation costs. So You Have the Feedback…Now What?

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