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Claiming an Employee Retention Credit in 2022

Zenefits

You can still claim an employee retention credit (ERC) if you own a small business and had to partially or fully close because of COVID-19. Your business can claim a maximum credit of 50% of the wages paid to staff in 2020 and 70% in 2021. Is it too late for me to claim the employee retention credit? .

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10+ Employee Retention Strategies for 2023 to Keep Your Top Talent

AIHR

Investing finite resources into effective employee retention strategies will play a pivotal role in the success of your organization. Let’s explore why employee retention matters and the best employee retention strategies HR can implement in the business. Let’s explore why employee retention matters in more detail.

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17 Employee Retention Statistics That Are Required Knowledge in 2024

15Five

Here’s a treasure trove of stats on employee retention in 2024. Source 63% of employees who left a job in 2021 quit because their pay was too low. Likely, if you offer other benefits they’re looking for, like stability or work-life balance, that could be enough to keep many of your best people. To do that, you need data.

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Wage Increase Demands Up Nearly 20% in Two Years; Benefit Offerings Lag Behind

Refresh

Benefits, however, will gain less ground as only 50% of businesses anticipate their offerings to increase compared to 2021, according to a survey from The Harris Poll commissioned by Express Employment Professionals. Benefits Landscape. When it comes to these benefits, half of U.S. ” Alternative Compensation.

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7 Worst Employee Benefits

Zenefits

We know what employees want, generally, when it comes to benefits. Better health insurance coverage, generous paid time off and vacation days, retirement benefits, and professional development opportunities all rank highly regarding job satisfaction and retention. But what benefits do employees hate ? Entertainment perks.

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The Prescription For Recruitment And Retention: Enabling Employee Health

Chief Executive

Recent research suggests a mainstay of HR strategy—benefits, particularly those related to employee healthcare—is underrecognized for its potential to influence recruitment and retention. These data may surprise some CEOs, who may regard employee health benefits as a costly, but necessary part of doing business.

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How Do Managers Influence Retention Rates?

Zenefits

Studies showing managers’ influence on employee retention. Consider the studies and statistics below to better understand managers’ influence on employee retention. A manager’s ability to attract and retain talent can be the difference between a high retention rate and a crippling employee exodus.