With job market competition rising, six in ten employees say they would switch jobs for better benefits, underscoring the importance of comprehensive packages. Key insights include: 💼 60% of employees prioritize benefits when considering a job switch. 🏥 Health and wellness perks are highly valued by jobseekers. 📈 Employers may need to enhance benefits to attract and retain top talent. 🔗 To read more: https://lnkd.in/ehruUWw9
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When top talent job seekers discover you provide employee health benefits: Have you ever seen that look of disbelief when someone realizes they've struck gold? That's the reaction top talent job seekers have when they discover that your company offers employee health benefits. It's the game-changer they've been searching for, and suddenly, your organization becomes the top choice on their list. In today's competitive job market, providing comprehensive health benefits isn't just a perk—it's strategic, it’s an investment in the growth and success of your business and it’s just plain smart to attract and retain the best and brightest talent. And when job seekers realize you prioritize their well-being, it sets the stage for a mutually beneficial partnership where both parties thrive. Ready to turn heads and capture the attention of top talent? Click the link below NOW to schedule a chat with me about how we can make this reaction your reality. https://lnkd.in/erqK5prA #employeebenefits #benefits #employees #retain #toptalent #jacksonvilleflorida
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Financial stress impacts job retention! Studies reveal that financially stressed workers are twice as likely to seek new employment opportunities. https://lnkd.in/gxkNPGEd In today’s competitive job market, prioritizing employee financial wellness is key. That's why offering valuable benefits like earned wage access (EWA) can make all the difference. Let's chat about how your organization can stand out in today’s competitive job market by attracting top talent with EWA. Leave a comment below or send me a private message so we can connect.
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A recent analysis by Rippl has uncovered a surprising trend among UK employers. The research reveals that nearly half of the current job listings in the UK are promoting statutory rights and basic amenities as significant workplace benefits. Key Findings: * 🏢 Company pension featured in an astounding 124,589 job ads, with 20 days holiday and statutory sick pay also being flaunted as compelling reasons to join a business. * 🚗 Over 66,000 job listings mentioned free parking, and more than 95,000 highlighted on-site parking, as workplace perks. * ☕ Free tea topped the list of benefits with 1,078 mentions, alongside free fruit and even free water being touted as enticing advantages. * 🍕 Dubious enticements such as free pizza, raffles, and even beanbag chairs were also identified in job advertisements. The CEO of Rippl, emphasised the necessity for companies to offer meaningful perks, flexible working arrangements, and genuine wellbeing support in order to resonate with today's workforce. He stressed the importance of fostering a positive, purposeful, and attractive workplace culture to drive employee engagement, productivity, and retention. Such findings prompt a crucial conversation about the evolving landscape of workplace benefits and employee priorities. What benefits would you like to see employers offer? #Culture #Benefits #HR #Recruitment
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Now more than ever, health and wellbeing support are front and centre for job seekers. 👥 True, the pay matters, but there's a growing trend where potential employees are weighing up the health perks just as heavily. A recent study suggests a shift in priorities - 34% of employers noticed a spike in candidates valuing wellbeing benefits. 📈 Surprisingly, this interest is edging out the lure of higher salaries. It's a sign of the times; people want to work for companies that give a nod to their overall quality of life. #WellbeingAtWork #EmployeeBenefits #Recruitment
Health and Wellbeing Support Among Potential Employees
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Employee benefits play a crucial role in attracting and retaining top talent for several reasons, and having the best employee benefits package in place can help you become an employer of choice. Here's why: Competitive Advantage: In today's job market, candidates often weigh the benefits package offered by potential employers as heavily as they do salary. Enhanced Compensation Package: Benefits are seen as an extension of compensation. Offering attractive benefits can compensate for a lower salary or make a job offer more enticing overall. Employee Well-being: Benefits such as health insurance, wellness programs, and flexible work arrangements contribute to employee well-being. Talent Pool Expansion: Attractive benefits can broaden the talent pool by appealing to candidates who may prioritise benefits over other factors. This allows employers to access a wider range of qualified candidates. Have you thought about your employer brand recently? #employeebenefits #wellbeingatwork #mentalhealth #employeeengagement #hr #wellbeing #employeeexperience #recruitment
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Navigating Redundancies in 2024: How HR Can Turn Challenges into Opportunities The New Zealand job market is experiencing shifts, with industries facing economic slowdowns and public sector cuts. So far, in 2024, over 4,000 job losses have been announced across both public and private sectors. Redundancies, while challenging, present an opportunity for organisations to rethink, reshape, and support their workforce. Here’s how HR can play a pivotal role in guiding businesses and employees through these times: 1. Proactive Communication: HR professionals are crucial in ensuring transparent and empathetic communication during restructuring. Keeping employees informed about the reasons for redundancies and future plans can alleviate uncertainty and foster trust. 2. Career Transition Support: Offering career counselling, retraining, or redeployment options can soften the blow of redundancy. By investing in employees’ future skills, companies can maintain goodwill and even help former staff transition smoothly into new roles. 3. Wellbeing Initiatives: Redundancy can take an emotional toll, and this is where HR can lead in providing mental health support through Employee Assistance Programs (EAP) or wellbeing workshops, ensuring staff feel supported during difficult transitions. 4. Optimising Talent Strategy: HR can help businesses realign talent to meet changing market needs, focusing on re-skilling and up-skilling remaining employees to adapt to new demands. While the economic climate may feel uncertain, HR teams can be a source of stability, ensuring that redundancy processes are fair and compassionate and lead to growth for both businesses and employees. By staying people-focused and solution-driven, HR can transform tough times into opportunities for renewal and resilience. Let’s work together to turn today’s challenges into tomorrow’s successes. #HRSupport #CareerTransition #WorkplaceResilience #RedundancySupport #FutureOfWork
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Some interesting research here by New Possible providing insights into what workers want from 2024. Some key highlights are: 💡 Most satisfied sectors - IT, finance, and engineering 💡 Least satisfied sectors - hospitality and retail 💡 Key reasons employees consider leaving - unhealthy work culture, poor leadership, and pay dissatisfaction 💡 Factors that boost job satisfaction – flexibility and good colleagues 💡 Most likely to search for a new role – age 35 to 44 💡 Percentage of employees likely to look for a new role in the next 12 months – 33% (50% of employees without flexible work options) 💡 Important factors in a new role - greater flexibility, the ability to work from home and more holiday https://lnkd.in/erkt5TDs #careers #careerdevelopment #wellbeing #employeeengagement #culture #workculture #jobsatisfaction #flexibility
What Workers Want Survey 2024 Findings
newpossible.io
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In a competitive job market, retaining top talent is a priority. Offering extra health benefits sets your company apart and demonstrates your commitment to employee well-being. Providing these benefits not only attracts but also retains valuable employees, giving your business a competitive edge. #EmployeeRetention #HealthBenefits #CompetitiveMarket
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The trend of job jumping has significantly cooled as more workers find value in stability, growth opportunities, and robust benefits packages. According to a WTW survey, nearly two-thirds of employees now prefer staying with their current employers, a stark contrast to the nearly half who considered switching jobs two years ago. Factors such as enhanced benefits, job security, and flexible work arrangements contribute to this shift. As employers focus on retaining talent through improved benefits and competitive pay, employees report higher satisfaction, indicating a new era of workplace stability and happiness. #WorkforceStability #EmployeeRetention #CareerGrowth #JobMarketTrends
More workers finding reasons to stay in their jobs, a shift from the Great Resignation
finance.yahoo.com
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⭐️ Attracting Top Talent: Time to Reassess Your Company Benefits! In a competitive job market like the UK's, offering just the statutory minimum benefits is no longer sufficient. 🌟 Today's professionals have an abundance of opportunities, making it essential for your company to stand out. One key differentiator? Exceptional benefits. According to the 2023 UK Employee Benefits Report, 74% of job seekers regard benefits as a crucial factor when choosing a new employer. The focus isn't solely on salary; comprehensive packages that support well-being, growth, and work-life balance are equally important. 📈 Providing superior benefits can significantly aid in recruiting and retaining top talent. Employees increasingly value personalised perks such as mental health support, flexible working schedules, and professional development opportunities. The Gen Z and Millennial workforce, in particular, look for employers committed to their overall wellness and career progression. What benefits do you think are the most important for companies to offer today? Share your thoughts in the comments below! 🌟 #EmployeeBenefits #TalentAttraction #Recruitment
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