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employee retention


Considering Employee Raises? Review These Ideas

December 16, 2019 | posted by Abacus Payroll
Deciding how to administer employee raises can perplex even the most seasoned managers. How often should raises be given? Should they be given across the board to all workers? If staff turnover is increasing, can you turn back the tide by granting raises to the most productive workers? There’s a lot to consider. As you […]
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How to Handle Annual Performance Reviews in Your Small Business

December 1, 2019 | posted by Abacus Payroll
Annual performance reviews provide, in theory, a welcome check-in and debrief period for employees and employers alike. Unfortunately, arbitrary rating criteria and a lack of communication between employers and employees can lead to annual performance reviews becoming nothing more than busy work that’s dreaded by everyone involved. While critiquing an employee’s performance never gets easier […]
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How to Motivate and Evaluate Employees

October 8, 2019 | posted by Abacus Payroll
A motivated staff is a productive staff, and without incentives, your best people could leave for more satisfying endeavors. Pay and benefits are important, but they’re only the beginning. Motivate Employees to Excel To retain your best people, do the following: Establish reasonable, objective work standards, and base rewards and promotions on those standards. Communicate […]
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7 Tax-Free Ideas to Bolster Your Business Benefits Package

July 24, 2019 | posted by Abacus Payroll
The benefits package offered by your business is extremely important to your employees. How important? A survey performed by the Society of Human Resource Management (SHRM) found that benefits are directly tied to overall job satisfaction for 92 percent of employees. Even more importantly, 29 percent of employees cited the overall benefits package at their […]
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How Not to Lose Your Best Employees

June 4, 2019 | posted by Abacus Payroll
In today’s tight labor market, finding and retaining top talent can be daunting. Ideally, you’ll discover and hire workers who fit your company culture, sign on to its mission, and stick around for the long haul. But retaining your “best and brightest” can be a balancing act. Here are five suggestions: 1. Focus on culture. […]
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Retain Employees: Steps to Take to Reduce Chances of Payroll Errors

December 21, 2017 | posted by Abacus Payroll
If you aren’t diligent about your payroll process, you might want to start double-checking. According to a recent study, nearly half of all employees will begin searching for a new job after only two payroll malfunctions. While mistakes certainly can happen regardless of caution and preparation, here are a few ways that you can cut […]
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