Tag Archives: motivation

How to reward and increase employee loyalty?

Compensation and benefits
When a company decides to hire new employees, educates them, invests in a probation period and all the requisite technologies, understandably, it expect staff to stay as long as possible. But there is always churn. The Paylab Loyalty Report shows that, in general, loyal employees working for one employer for more than 5 years are in the minority on the labour market at only 27.5%. The largest group is those who are employed for less than 2 years. Attitudes of Millennials and Generation Z are even more complicated, because they have a tendency to consider their career challenges more often and look for opportunities elsewhere. What specific action steps can employers take in order to retain employees on board longer? How many employees do receive loyalty bonus?
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Trends in health benefits and employee health programmes

Compensation and benefits
Companies care about keeping their employees fit and motivate them towards a healthy lifestyle with many non-financial benefits. Large employers in particular try and do everything they can in terms of supporting health and prevention to contribute to the right lifestyle among their people. Corporate employee care now incorporates health programmes to support healthy habits among company employees. Essentially, this is risk management in favour of a healthy workplace. Companies engage in these programmes voluntarily and often invest large amounts of money in them.
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Salary analysis – How large a salary would cause an employee to stay at the same company?

Compensation and benefits
A salary is still the best source of motivation for work and is closely related to the value of a position on the labor market. HR professionals are well aware that some of these positions are filled quickly because there are more opportunities to choose from, but it is harder with other positions as it’s not easy to find qualified applicants with the necessary skills, specialization, and education in labor market or in a certain region.
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