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The following Employee Benefits can retain Employees:
1. Offer a competitive benefits package that fits your employees’ needs
2. Provide some small perks
3. Use contests and incentives to help keep workers motivated and feeling rewarded.
4. Conduct “stay” interviews
5. Promote from within whenever possible.
6. Foster employee development.
7. Create open communication between employees and management
8. Get managers involved.
9. Communicate your business’s mission.
10. Offer financial rewards.
11. Make sure employees know what you expect of them.
All various of employees compensation, benefits and rewarding scheme would achieve their satisfaction at job. Corporates shall not focus only on financial rewards, but there are additional contributing factors to employee satisfaction such as their involvement and engagement at work, work-life balance, flexible working hours and rooms for improvement. Once satisfaction is fulfilled, employees turnover will reduce and their retention will be much easier.
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