In this ultra-competitive recruitment and hiring environment, retaining current employees is a critical component of firm success. Not only is a low turnover rate good for the bottom line, but it also means you are creating and building upon a firm foundation for the future.
Employers, sit up and take note: the strict nine-to-five workday schedule is becoming outdated, and for good reason. Too many hours spent in the office could be causing your employees chronic stress, poor health habits, and low job satisfaction.
Pet-friendly employee benefits are making waves right now, and they’re continuing to rise in popularity. More and more employers are jumping at the idea of implementing pet-friendly policies at work due to the increasing interest from employees. But, guess what? These benefits aren’t just for employees!
The majority of employers create and manage an employee benefits program in order to attract and retain top talent. While comparing its peers or other benchmarks, an employer typically builds a competitive and robust benefits program to entice prospective employees and perhaps offers quality medical and dental insurance, a matching 401(k) plan, life and disability insurance plans, wellness benefits, and other miscellaneous perks. But some of these employers might be missing a great opportunity to utilize employee benefit design and communication to improve its culture, employee engagement, loyalty, and ultimately, its brand.
With Father’s Day approaching, I thought I would take the opportunity and write a little piece about my father who suddenly passed away earlier this year. As a father, he taught me a lot about life growing up, and as a business partner, he taught me invaluable practices for our business. Although he is no longer physically here with us, I think of him often, and even hear him echo a variety of Ferris-isms during the workday.
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