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Boost Employee Retention Rates with 5 Actionable Tips

ApplicantStack

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.

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4 Reasons to Lean In to Remote Work as a Startup 

Proactive Talent

Remote work promotes higher retention rates Attrition rates for employees who have chosen to work in a remote work setup are also much lower than employees who are mandated to work at a client location. All the benefits stated above still apply.

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The Effect of Inflation on Attracting and Retaining Talent

Broadleaf

Lower-income households are impacted more by inflation because they spend a higher proportion of their income on essentials such as food, energy, and transportation. People purchase different products and services, making everyone’s true inflation rate different. How the inflation rate is affecting compensation expectations.

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What to Offer Your Employees When You Can’t Offer a Raise

CareerBuilder

Allowing your employee to work from home once or twice a week would not only save them money spent on transportation costs, it would also give them time back in their day, promoting a better work-life balance. Transportation reimbursement. Letting the employee work four 10-hour days, as opposed to five 8-hour days.

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Guide to Hiring Employees in Chad

Recruiters Lineup

Business Visa: For individuals engaging in short-term business activities in Chad, such as attending meetings, conferences, or exploring business opportunities, a business visa is required. Additionally, various allowances, such as housing, transportation, and healthcare, may be provided to employees as part of their compensation package.

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

Recruiting Daily

Much of the increase in wage growth has come from manual occupations, including those that don’t require a bachelor’s degree, in jobs that include transportation, repair, maintenance, security and health support, among others, according to The Conference Board. Some have referred to this as “The Great Upgrade.” .

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The Ultimate List of 60+ Job Description Benefits

Ongig

Transportation allowance (parking, public transportation subsidies) Employers provide transportation allowance to employees to cover the cost of daily traveling to and from work. It can boost the company’s recruitment and retention. Funds may be used for registration fees, gas, meals, and lodging.