What is a Key Person Benefits Program and How Can it Help Organizations?
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: […]
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? […]
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.
A report published by MetLife shows that while basic benefits are important, most employees want dental coverage. […]
According to Frederick Taylor’s Scientific Management Theory, employees are motivated by money.
But is this really true? Can you buy employee loyalty through a pay raise?
Most businesses seem to believe so. […]
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. […]
NASA has been at the forefront of space research for decades now. High-end equipment and technology that produce innovative products requires out-of-the-box thinking and a creative approach to solving problems. This wouldn’t be possible if the scientists or researchers are burdened with financial or health-related problems, all of which serve to distract them from the task at hand. […]
Square wants to bet big on small businesses by giving them access to big employee benefits. The fintech firm was founded by Twitter CEO Jack Dorsey, specializing on giving small businesses access to free point-of-sale systems. The app is using its payroll platform to offer various perks such as employee benefits and retirement savings to employees. […]