Companies might prioritize flexible retirement plans that can make it simple for employees to save for their future or offer auto-enrollment to help new employees save for the long-term.
Offering a retirement plan can lead to an annual cost savings of more than $100,000 in reduced employee turnover costs alone for SMBs – a 2x return on the initial costs of offering a 401(k), says a new study.
Here are some tips from Amanda Hahn, chief marketing officer at HireVue, to ensure hiring is nothing but an easy check mark on your long holiday to-do list.
With more than half (52%) of Americans either actively looking for a job or expect to be in the next six months, employers should increase paychecks, provide training opportunities or emphasize mental health, says a new study.
These individual health reimbursement arrangements provide more freedom and flexibility to employees while stabilizing costs for employers and allowing them to offer coverage to employees that otherwise wouldn't be feasible.
Charitable giving cannot be measured in terms of return on investment. A lot of the value it brings is intangible, but there are tangible benefits too.
From more immediate financial help, like credit advice and childcare services, to personalized investment guidance from a professional, employers can now give employees what they want (and boost retention too).