4 Ways to Keep Employees Using Benefits
Benefits are a big component to an employee compensation plan. While they are costly for employers, benefits are a huge part of how employees choose a job and how long they stay.
3 Facts About Employee Wellness Programs
Employee wellness programs are becoming an increasingly integral part of employee benefits plans and incentive programs. There are a lot of factors to consider when deciding if an employee wellness program is going to work for your staff, but here are three simple facts about employee wellness programs to help you begin your evaluation.
Are Employee Rewards Benefits or Bonuses?
A new study from the Reward & Employee Benefits Association indicates that employee engagement is considered a top strategic priority for 2016 (35.6% of respondents indicated this as number 1).
Annual Pay Raises Replaced by Better Benefits?
Annual pay raises: something employees look forward to and sometimes count on. But has the annual pay raise gone the way of the anniversary lunch and the 10-year watch? In a post-recession economy, with a young workforce that is more focused on benefits and flexibility, organizations are taking a new approach to investing in their employees. Employees are looking for less money and more alternative compensation. Benefits now make up 31.6% of employees’ total compensation, which according to government data is a figure on the rise.
Create Employee Loyalty: What Do They Want?
It's often a conundrum for most employers to create employee loyalty within their company. Figuring out how to motivate employees, keep them happy and prevent them for looking for other employment is a major concern, especially given the diverse interest and priorities between Baby Boomers and Millennials. Where do you start? What would the budget look like, if there even is one? Maybe this will help. Towergate Insurance performed a recent study and created an infographic to try to answer the question,