Employee Retention Bonus An employee retention bonus is a financial incentive offered to current employees to encourage them to stay with the company for a specified period of time. These bonuses can take various forms, such as cash bonuses, stock options, or additional benefits. The goal is to reward employees for their loyalty and… Read More »
Employee Training and Development Employee training and development involve initiatives aimed at enhancing employees’ skills, knowledge, and abilities to perform their job effectively. It encompasses various programs, workshops, and activities designed to improve individual and organizational performance. Importance of Investing in Employee Development: 1. Enhanced Performance: Well-trained employees are better equipped to perform their… Read More »