Starting a business isn’t a walk in the park. There are tons of decisions that need to be made and several questions that need to be answered. Here are a few of them: […]
While it’s easy to recruit new employees, retaining them is a lot harder.
A good wage is enough to convince potential candidates to apply, but in the long run, employees want something more.
You may have an amazing office with the latest technology and equipment. But the first question candidates ask when applying for a job is: what can you do for them? […]
Employee absenteeism costs billions of dollars annually to workers. Unscheduled absenteeism costs around $3,600 annually for hourly workers and $2,500 per year for salaried employees. These statistics include expenses spent on workers who are not contributing to the bottom line, replacement costs for new recruits and management costs to the HR department as they look for replacements. […]
Both medical and recreational marijuana have been legalized across several states. Medical marijuana is legal in 32 states while recreational use of marijuana is legal in 10 states. The federal government is also coming to terms with the growing po […]
An intuitive way to make work-related activities more fun is by gamifying the assignments. The underlying psychology behind the success of gamification is simple: it taps into reward based mechanics where you fulfill certain actions in exchange for instant gratification. This releases a dose of ‘pleasure’ chemicals in the brains such as serotonin and dopamine to stimulate powerful human emotions. […]
Voluntary benefits are great because they’re not just advantageous to employees, but also to employers. They’re flexible, easily customizable, and cost-effective for businesses.
The wide range of options available makes them popular amongst employees.
But if you’re planning to introduce voluntary benefits to your organization, here are a few things you should consider: […]
When organizations talk about employee benefits, they usually think of pension funds, paid vacations, and overtime pay.
But according to a survey, job candidates admitted that dental insurance is on top of their list when they consider applying for a job.
Millennials don’t shy away from voicing their opinions and needs. Job candidates today are very firm with what they expect from future employers and employee benefits are one of those things.
While discounted meals, flexible work hours, and better pay are on top of the list, wellness programs are also becoming increasingly popular. […]
According to Maslow’s theory of motivation, employees need more than monetary growth in order to succeed in their workplace.
Psychological wellbeing is also an important factor that is often overlooked by employers. If an employee feels safe and comfortable in their workplace, they are most likely to stay. […]