Zenefits

SEPTEMBER 14, 2022

Whether you are recruiting new employees or focusing on employee retention , a solid compensation plan is key to finding and keeping top-quality employees. Wages rose more than 10% from May 2021 to May 2022. Wages rose more than 10% from May 2021 to May 2022. No account yet? Increase motivation and productivity.

Compensation 59

Compensation Benchmarking Insurance Benefits 59

AIHR

JUNE 11, 2024

The performance enablement model by Colquitt and Goldberg 2021 offers a framework that aims to improve employee performance, consisting of three main steps: Guidance, direction, and goals Coaching, feedback, and support Ongoing development. You can also measure other relevant metrics. FAQ What does enabling performance mean?

Sales 76

Sales Sales Performance Management Revenue 76

Zenefits

JUNE 23, 2022

If you don’t offer enough sick days, it can hurt your attraction and retention rates. According to the BLS , in March 2021, 79% of U.S. Per the BLS , 77% of private sector workers had access to paid sick leave in March 2021. No account yet? So, the question is not whether you provide sick leave but rather how much.

Government 105

Government Administration Banking Benefits 105

Zenefits

JULY 12, 2022

More than half of the employees in a 2021 poll said they quit their jobs because of a bad boss, The worse boss traits were taking credit for subordinates’ ideas, micromanaging their work, and bullying them. No account yet? Toxic employees. Take this quiz to find out how your company culture stacks up and what you can do to fix it.

Human Resources 119

Human Resources Media Accounts Retention 119

Zenefits

JANUARY 15, 2023

Facilitating an aware environment can help increase the retention of valuable talent. workers left their jobs in 2021. With more knowledge and chances for advancement, businesses will see more retention of their Millennials and Gen Zers. No account yet? Millennials and Gen Zers both recognize their human needs.

Inclusion 99

Inclusion Diversity Retention Compensation 99

Zenefits

JUNE 16, 2022

According to a recent report from GoodHire , managers have an enormous effect on employee retention. Burnout for non-managerial workers sat at 27% in 2021. Managers can certainly relate because their burnout numbers skyrocketed from 28% in 2020 to 35% in 2021. No account yet? Employee satisfaction. Remember Me.

Manager 52

Manager Onboarding Administration Retention 52

Zenefits

SEPTEMBER 8, 2022

Companies that shut down, either completely or in part, during the pandemic were getting back to business as usual in 2021. A record number of small businesses opened up in 2020 and 2021. And workers have every right to hold companies accountable for providing these employee benefits. No account yet? Out of the 68.9

Benefits 102

Benefits Insurance Accounts Administration 102

Zenefits

AUGUST 24, 2022

They can also have trickle-down effects that affect employee retention. Employee reviews can help your company improve its culture and retention by making the workplace more equitable and inclusive to all. Negative employee reviews can affect everything from recruitment to retention to revenue. No account yet?

Retention 98

Retention Media Recruitment Small Business 98

Vantage Circle

SEPTEMBER 20, 2022

A simple "thank you" can make employees feel more appreciated and help boost retention rates. Recognition is intended to increase not only individual employee engagement but also productivity and commitment to the organization, resulting in higher retention. Employee Recognition During Times of Crisis.

Employee Engagement 99

Employee Engagement Retention Human Resources Recruitment 99

Get Lighthouse

NOVEMBER 15, 2024

You can spend your time on retention, or on hiring. — Dana Jones (@danabrit) June 24, 2021 As Elias reminds us, and the other leaders above show, it's on *you* as a manager to retain your team. Make sure they are: * engaged * supported * resting * feeling trusted * empowered * appreciated (privately AND publicly) Always.

Engineering 98

Engineering Manager Recruitment Banking 98

Zenefits

FEBRUARY 10, 2023

Research published in late-2021 cited that some 73% of current employees surveyed were considering quitting their jobs due to dissatisfaction. Understanding the nuances of onboarding vs. training can help you avoid common mistakes that affect employee retention rates and more. Investing in onboarding helps: Promote employee retention.

Onboarding 52

Onboarding ROI Retention Compliance 52

Zenefits

APRIL 6, 2023

3 You can also enjoy a health care tax credit, better employee retention, stronger productivity levels, and and overall healthier corporate How can providing health insurance options benefit a small business? Aside from the health care tax credit allowed by business health care tax law, you can benefit in other ways.

Small Business 52

Small Business Insurance Benefits Retention 52

Zenefits

DECEMBER 28, 2022

CompTIA’s Workforce and Learning Trends 2021 report found 66% of companies planned to add more tech staff. A 2021 report by “CIO” found 72% of women said they’ve worked for a company where bro culture is prevalent , while only 41% of men said the same. No account yet? Flexibility is also a key factor.

Recruitment 64

Recruitment Engineering Human Resources Diversity 64

Zenefits

JULY 14, 2022

When employees use the time off available to them, it can boost your business retention and your results. Many companies use increasing vacation days as a retention tool. In 2021, 8 of the top 10 countries were in Europe, while the U.S. No account yet? Others allow for rolling days over. Username or Email Address.

Benefits 52

Benefits Retention Performance Review Implementation 52

Zenefits

SEPTEMBER 22, 2022

LinkedIn reports that the top 3 areas of focus for learning and development training programs in 2021 were: upskilling and reskilling (59%), leadership and management (53%), and virtual onboarding training (33%). No account yet? It also provides your team members with an opportunity to grow professionally. Zenefits can help.

Onboarding 52

Onboarding Compliance Benefits Administration 52

Zenefits

JUNE 8, 2022

Employers can boost retention and morale by investing in mental health resources for workers’ children. Despite the decline in unemployment at the end of 2021, half of employees said their organization was understaffed. HR professionals and small business owners must consider benefits as a part of a comprehensive retention strategy.

Benefits 52

Benefits Retention Employee Relations Administration 52

Zenefits

MAY 22, 2022

If your recruitment budget is out of control, it might be time to increase your retention budget. The case for upping your retention game is strong these days. The Bureau of Labor Statistics recently published that average hourly wages increased between February 2021 and February 2022, from $30.04 No account yet?

Marketing 52

Marketing Retention Recruitment Compensation 52

Zenefits

AUGUST 24, 2022

Giving employees free days where they can take time off and still receive payment can help improve their work-life balance and improve retention for your company. An August 2021 survey of 1,500 full-time U.S. Your workers know they have your support when they truly need time off; that can benefit your recruitment and retention efforts.

Benefits 52

Benefits Administration Onboarding Retention 52

Zenefits

OCTOBER 13, 2022

The job-board giant Indeed surveyed more than 4,000 job seekers and about 900 employers in 2021 to gauge ghosting’s prevalence in recruiting. Indeed found that: Ghosting by job seekers in 2021 (28%) was up from 18% in 2019. No account yet? The difference is that this trend is rooted in the recruiting and hiring process.

Recruitment 59

Recruitment Administration Onboarding Staffing 59

Zenefits

FEBRUARY 1, 2023

In 2021, 36% of employers offered paid leave to adoptive parents. Competitive edge In 2021, health insurance was available to 49% of US employees , and 79% had access to paid sick leave. Talent retention The best employees are more likely to stay with their employer when they have the right perks.

Inclusion 64

Inclusion Benefits Advertising Diversity 64

Zenefits

AUGUST 30, 2022

For example, AAUW reported in 2021, women still made only 83% of what men earn. Retention risks. No account yet? When you make salaries public, it eliminates speculation that factors like gender or race influence salaries. Salary transparency can help you diminish wage gaps. It evens the playing field for your employees.

Compensation 93

Compensation Administration Onboarding Implementation 93

Zenefits

AUGUST 3, 2022

Better health insurance coverage, generous paid time off and vacation days, retirement benefits, and professional development opportunities all rank highly regarding job satisfaction and retention. While it may be a “nice to have,” gym memberships are hardly an effective retention strategy. No account yet?

Benefits 52

Benefits Insurance Retention Benchmarking 52

Zenefits

DECEMBER 14, 2022

In a report published in 2021 by the Williams Institute, researchers found that 46% of LGBTQ+ employees reported experiencing discrimination or harassment in the workplace. Diversity increases retention and reduces turnover. A great advantage for organizations that embrace diversity is an increase in retention. No account yet?

Diversity 52

Diversity Inclusion Benefits Retention 52

Zenefits

FEBRUARY 10, 2023

employees quit their positions in 2021, according to the 2022 Retention Report by the Work Institute. Bookmark( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Why companies have probationary periods Being a probationary hire isn’t outside the “norm” in the business world.

Onboarding 52

Onboarding Human Resources Insurance Benefits 52

Zenefits

JULY 1, 2022

In March 2021, after 1 year of service, private-sector workers received an average of: 11 paid vacation days per year. The BLS said in March 2021: 77% of private industry workers had access to paid sick leave. The impact of PTO on your talent attraction and retention rates. No account yet? Average PTO: BLS. Remember Me.

Government 52

Government Retention Human Resources Benefits 52

Zenefits

SEPTEMBER 4, 2022

Conversations surrounding hiring practices and retention rates have always been a component of business. The number climbed to 9 million by the spring of 2021. No account yet? After the chaos and upheaval caused by the COVID-19 pandemic , that conversation has only grown in fervor. Labor Statistics, there were 10.7 Remember Me.

Recruitment 96

Recruitment Onboarding Administration Benefits 96

Zenefits

JUNE 17, 2022

And rather than just focus on the longevity of your senior staff, employee retention begins with the initial hiring process. Retention requires the recruiting and hiring of people who are the right fit for your organization. No account yet? Look for talent interested in gaining skills and growing with your company.

Recruitment 52

Recruitment Advertising Media Onboarding 52

Zenefits

SEPTEMBER 4, 2022

So many workers quit their jobs in 2021 that the phenomenon earned a nickname: “ The Great Resignation.”. In 2021, The Pew Research Center conducted a survey to figure out why so many employees were quitting their jobs. Increasing retention rates has become more important than ever for organizations. No account yet?

Administration 52

Administration Benefits Onboarding Human Resources 52

AIHR

JULY 17, 2023

Secondly, DEI initiatives create a workplace where employees feel heard, respected, and feel a sense of belonging , boosting engagement, performance and retention rates. At the end of the fiscal year in 2021, Starbucks achieved a median pay ratio in the US for women and BIPOC of 100% and is committed to achieving gender pay equity globally.

Implementation 89

Implementation Diversity Inclusion Recruitment 89

Zenefits

NOVEMBER 3, 2022

billion on professional development in 2021. Increase employee retention and morale. No account yet? Surveys conducted with a wide range of employees found that 94% say that they would stay with a company that invested in their training and development. Benefits of workplace training programs. Username or Email Address.

ROI 52

ROI Compliance Travel Benefits 52

Zenefits

JUNE 20, 2022

In 2021 they published their findings that are laced with insights. One of the biggest boons of a healthy organization is the attraction and retention of top talent. No account yet? The healthy organization has become popular since the pandemic. Automate repetitive and time-consuming tasks. Any of the above. Back to Vote.

Benefits 95

Benefits Administration Onboarding Human Resources 95

Zenefits

AUGUST 24, 2022

Specifically, the labor shortages that caused hiring and retention challenges in 2021 will likely continue through 2022. For insight into last year’s trends, check out the Zenefits 2021 Benefits Benchmark Report. No account yet? In January 2022, Glassdoor reported , “Hiring is going to be difficult in 2022.” Remember Me.

Benefits 52

Benefits Insurance Administration Onboarding 52

Zenefits

JANUARY 11, 2023

By the end of the 2021-2022 academic year, about 60% of the college students were women. In turn, this creates better performance, employee retention, and financial outlook overall. No account yet? This isn’t surprising when today’s educational numbers are factored in. Women have earned 9.7 Username or Email Address.

Inclusion 69

Inclusion Education Diversity Retention 69

Zenefits

JUNE 13, 2022

Gartner surveyed HR leaders in 2021, and 71% said they were more concerned about employee collaboration than in past years in light of remote and hybrid teams. Gartner surveyed HR leaders in 2021, and 71% said they were more concerned about employee collaboration than in past years in light of remote and hybrid teams. No account yet?

Administration 52

Administration Onboarding Hospitality Benefits 52

Zenefits

DECEMBER 30, 2022

That’s down from 25% two years ago but up from 2021’s 13%. Your Twitter account may not be advertising every accomplishment as frequently as some billionaire’s. No account yet? A recent Gallup poll shows fewer Americans are worried about losing their job than they were during the pandemic. Bookmark( 0 ) Please login to bookmark.

Advertising 105

Advertising Accounts Revenue Manager 105

AIHR

JULY 12, 2023

What the stats say Research by the Association of Talent Development found that organizations with mentoring programs in the workplace saw 57% higher employee engagement and retention. It increases employee retention and thus, by extension, employee engagement. What makes this strategy effective?

Employee Engagement 96

Employee Engagement Onboarding Compensation Retention 96

Zenefits

MAY 29, 2022

since 2021. Despite a substantial increase from the mean 2021 salary increase of 2.8%, there is a 21% difference. Inflation should always be accounted for when raising salaries because it changes over time and varies across industries and regions. No account yet? In 2022, a survey of U.S. Username or Email Address.

Compensation 59

Compensation Benefits Accounts Administration 59