The overall cost of replacing an employee can be anywhere from 90 to 200% of their annual wages. To illustrate, an employee who makes $50,000 a year can cost you up to $100,000 to replace! Whether you’re a small, medium-sized, or large business, this isn’t a cost you can … [Read more...]
Death in service vs life insurance: What is the difference?
As a business owner, you might have often seen “death in service” mentioned in lists of potential benefits you could consider offering employees. However, you could remain none the wiser about what the term actually means – especially as definitions of it can sound a lot like … [Read more...]
How a Virtual Assistant Team Is Better Than One Full-time Assistant
The upheaval in the economic climate for the last two years is perhaps the largest in this century. Organizations had to adopt new models and develop alternative solutions to ensure that regular business was not affected. Moreover, it has changed the way in which organizations … [Read more...]
How to Drive Positive Employee Relations During the Pandemic
We’ve all lived through over a year and a half of unprecedented disruption to our lives. It’s tempting to think that life is now getting back to normal—but for many people, the effects of the pandemic are still being felt. As an employer, it’s essential to recognize that your … [Read more...]
Insurance: The Key Employee Benefit That Inspires Loyalty
As far as employee benefits go, there's one type of benefit that stands out above the rest; insurance. While it might sound boring, employees love being offered free insurance as a benefit of working for your company. Why? Because it tends to mean they are getting some … [Read more...]
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