New and Noteworthy

Acquisition and Retention Strategies for 2023

December 21, 2022

Employees come and go. According to Gartner, the employee annual voluntary turnover rate is expected to increase by 20% for 2022, from a prepandemic annual average of 31.9 million employees quitting their jobs to 37.4 million. With such a high turnover rate, it’s important that your company is able to attract top talent when replacing employees. Here are four strategies for the new year.

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Surgeon General Releases Framework for Mental Health & Well-Being in the Workplace

During our inaugural HUM event in late September, our keynote speaker, U.S. Surgeon General Dr. Vivek Murthy, discussed the importance of mental well-being and shared great advice for HR professionals.

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Open Enrollment Tips for HR Professionals

For most HR professionals, it’s open enrollment and a busy time of the year. We are here with some suggestions to help you efficiently and effectively navigate the 2023 open enrollment season.

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Survey: Loyalty Linked to Impact of Benefits on Personal Lives

New data suggests that delivering a paycheck and “standard” benefits is no longer enough to retain employees. According to the Global Employee Benefits Watch report from Thomsons Online Benefits, employees want to feel personally cared about. Specifically, the survey found that employees who feel that their employer-provided benefits actually have a positive impact on their lives are 40%+ more likely to declare themselves loyal to the company. This is consistent with research from the Global Wellness Institute, which showed that “caring” companies boost employee health and productivity. That is, employees that perceive their employer to genuinely care about them, professionally and personally, are healthier and improve the operating metrics of the company.

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Employee Benefit and Well-Being Trends

The pandemic brought about a profound change in the way we live, work, and interact with each other. This change has impacted ideas on work/life balance and what we understand to be the true meaning of well-being.

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