Integrating emergency savings accounts into employee incentive programs represents a powerful strategy for QSR businesses aiming to boost employee morale, performance, and retention.
attract employees
Workplace ESAs vs. Salary Increases: The Smart Financial Approach
Employees often leverage salary increment percentages in negotiations to secure a more substantial rate of remuneration. Traditional compensation strategies have favored salary increments as a means to acknowledge employees and enhance their economic standing. Yet, a higher salary by itself might not ensure enduring financial solidity.
Building Workplace Diversity into the Financial Fabric of Your Company
Building diversity into a company’s financial strategy ensures that the potential of a workforce is fully harnessed, leading to a more robust and adaptable financial structure. By aligning financial practices with DEI principles and offering financial wellness programs, companies not only meet their ethical obligations but also reap tangible business benefits.
9 Innovators to Watch in the JFF Wraparound Services Market Scan
JFF created a framework to understand and evaluate wraparound supports as a part of its recent Market Scan and its overall research on Social Determinants of Work. While acknowledging support systems in state-based programs, common benefits like healthcare and retirement, and comprehensive HR systems, the scan focused on new innovations across three broad outcomes.
Why QSR & Hospitality Industry Leaders Are Putting People First
The QSR and hospitality industries, including restaurants, fast food, food trucks, and travel agencies, are undergoing a huge transformation. The sacred rule of the service industry has always been the customer is king. Still, there’s a growing understanding that to truly serve the consumer, organizations need to attract and retain top talent.
Employee Financial Wellness Programs Explained
Employee recruitment and training costs can be huge, so retaining talented staff is a key priority. Small businesses can improve job satisfaction and loyalty by providing financial wellness programs and reducing turnover and related costs.