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employee wellbeing

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Our workforce is evolving into a multi-generational one. With rising Gen-Z and millennials, organisations must show employees they are invested in their development. LinkedIn’s 2018 Workforce Learning Report revealed that 93% of employees would stay longer at a company if it invested in their career development. But why do organisations benefit from investing in learning and development programmes? One of the direct benefits is retention. But that’s not the only plus point. Employees report that…

A company’s success depends on the efficiency of its management, customer relations, organised processes, and the ability to take advantage of technological developments. You must have a capable, loyal, efficient, and responsive workforce for these processes to work. An organisation cannot function without its employees. Investing in your employees 👨‍💼 is therefore equally necessary. It shows them that you appreciate their time, effort, and skills they employ in the company’s growth. It is critical to…

Employee benefits boost employees’ morale and motivate them to give their best to the company. As we know, employees are the playback owners of the company who run the whole task on behalf of the owner. Offering benefits is the only way to retain the best employees in the company. What are employee benefits? Benefits can be insurance, medical, profit sharing, stock options, paid time off, dental, life, retirement benefits, and many more. Such benefits…

GTL insurance – what is it? GTL insurance, commonly asked as what is GTL full form in insurance, refers to group term life insurance. This is a special variant of term insurance policy that caters to covering the workforce of an organisation under a single master policy. Hence the name group term insurance. As an employer-owner, you can avail a GTLI for all the people working in your company. So what’s so attractive about GTL…

When employees perform well, take on more responsibility, or upgrade their skills, a pay raise is the most common way of recognising their efforts. Organisations may also offer non-salary benefits, such as a day off or dental coverage. When determining how to calculate the salary hike percentage, you will also need to consider the benefits. Often, an employer will offer a salary hike but not offer enough wellness benefits for its employees. Today, employees place…