Employee Turnover And Retention Briefings Abstract: 18
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Beefed Up Retirement Benefits Aid Banks in Quest for Improved Employee Retention [Yahoo Finance] Wednesday 02/18/04 11:50 PM
Data shows that retention focused banks cut attrition in half and create millions of dollars in HR savings.
One old fashioned retention tool seeing new attention is employee benefits programs - specifically the company retirement program.
Financial service firms that made it to Money Magazine's "Best Benefits" list provide employee 401(k)s with 100% matches on up to 6% of salary.
Health benefits, work life balance and paid time off were also mentioned as important parts of an effective employee benefits program.
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