Capitalize on Your Existing Drivers of Retention
A recent survey by Spherion Staffing Solutions asked approximately 300 employers and about 2,500 workers to name their top "drivers of retention". Overwhelmingly, bosses listed soft items such as "management climate" or "supervisor relationship".
The employees' top two picks? Benefits and compensation.
In the current job climate, people who kept their positions have been disenchanted by layoffs, bonus and benefit cuts, and a lack of promotions. The result is a significant drop in the loyalty of top-performers.
How can companies turn these disconnects around? By capitalizing on the total compensation packages they already have in place. BenComp specializes in partnering with companies to present individual benefit and compensation information in a simple, straightforward manner that is meaningful to employees.
"I have worked with BenComp Communications for the past 7 years, first at Playtex Products, Inc. and currently at The Sun Products Corporation, in preparing total compensation statements for associates. BenComp has consistently provided us with accurate, detailed, and customized statements that are well received by our associates."
Julie S. Roe, CEBS
Director of Benefits
The Sun Products Corporation