Source: Benzinga
The beginning of the year is the quintessential time for a fresh start in our personal and professional lives. No matter the industry, the clean slate of the new year presents an excellent opportunity to refresh and revamp the culture and operations of the workplace. In particular, tending to the relationship between management and employees and prioritizing employee satisfaction and retention to minimize turnover will maximize the health of the company culture. With this goal in mind, a company’s people team should focus on three main areas: maintaining a quality total rewards package, ensuring a seamless candidate experience and developing a robust and capable group of managers.
In the current employment environment, employees expect (and deserve) a wide range of benefits to support them and their families, from quality medical insurance to additional lifestyle perks. As an employer, it is essential to curate a top-tier, expansive benefits package to attract candidates and retain current employees. This package might include traditional health benefits, medical and family leave options, life insurance, retirement savings and planning, paid time off and more. Beyond these typical benefits, many companies offer additional support, such as fitness stipends and tuition reimbursement.