Tag: employer trends

Employee retention tips and tricks for employers

With the rise of quiet quitting and the great resignation, there has been no better time to communicate the exchange of value between you and your employees. The value you feel in the work they produce and the value you offer them in exchange as a boss. So read on for tips and tricks to encourage your most valued talent to stay put.

  • Create Growth paths: Create an environment where you continuously discuss professional goals and pathways for your employees to make them feel as though they are progressing more regularly than the traditional annual performance review. 
  • Respect work-life balance: In the age of technology, this can be harder than it seems. It is all too easy to reach anyone at any time of day or night. As easy as it may be to email someone while they are away, over the weekend, or at night consider setting a reminder for yourself instead to speak with them about it first thing during working hours. 
  • Build good teams: A team environment creates the opportunity for employees’ ideas to be heard and to hear differing views of others. Creating a space where employees feel their opinions are respected boosts engagement and foster employee bonding. 
  • Offer worthwhile incentives: By offering your employees benefits such as medical coverage, vision, dental as well as wellness offerings, you are communicating to your employees that you care about their well-being and their ability to protect themselves and their families. 

Let us help you knock #4 out of the park by contacting us at info@hbgnow.com to offer your employees an online benefits store at no cost! Using HealthEE by HBG as a benefit offering for your employees is free, fast, and frictionless for you as the employer.

The Great Resignation?

The Great Resignation was a rumbling that began amid the pandemic and has grown exponentially. With millions of people resigning from their jobs and opting into the gig economy, where they can work from home, have more say over their worth, and be in control of their work-life balance. I sat with our co-founder Christian Stearns to discuss this phenomenon and what it means for business owners and employers.

Christian explained that he considers the great resignation a misnomer and that he feels this phenomenon should be called the Great Realignment, as it’s more than people just leaving their jobs. Its employees realizing and acting upon what they need to have a high quality of life. Amidst the pandemic, we as a society discovered we can measurably work from home, and in eliminating the time of a commute and the physical distance between the office and your family, it’s not surprising many do not want to go back to the old way of business, in the office, 9-5. Thus employees left in search of employers willing to provide them with the lifestyles they became accustomed to during the pandemic. 

Many of you experienced this first hand, so I asked Christian how we could take this sour realignment and make sweet lemonade. His response was for business owners and employers to take a step back, recognize the need to give to get, the need for flexibility and that employment is not the one-way street it may have once been. More than flexibility, employers need to provide value to their employees. In this new wave with a booming gig economy where many work multiple part-time gigs or freelance for many companies providing access to benefits can be the differentiator. 

As much as the move to the gig economy has given employees a new kind of freedom, in many ways, it has also created a massive vulnerability as part-time, and contract workers seldom qualify for benefits and insurance coverage. Filling this gap and covering this vulnerability can make all the difference when retaining talent, whether in the form of contract workers or even your full-time staff. The workforce is full of under-benefitted, and downright un benefited workers. The truth is that health workers lead to a healthy business, and we help make employees HealthEE.