I was stunned when several members of my department left recently to work for a competitor. The
Question:
"I was stunned when several members of my department left recently to work for a competitor. The other company offered higher salaries—but I know our benefits contribute to a better compensation package overall.
How can I keep more people from leaving?"
There are two issues to consider here. First, do your employees know the value of their benefits? You might need to educate your employees about their benefit choices, and the value of the various benefits you offer. This can be done through seminars or through informational booklets. Second, make sure that the benefits you're offering are a good fit to your workforce.
When was the last time you conducted a benefit survey? It may be that the needs of your workforce have changed and your company's benefit package has not.
Step by Step Answer:
Human Resources For The Non-HR Manager
ISBN: 9781135632045
1st Edition
Authors: Carol T Kulik, Elissa Perry