Employer
Employer: Definition and ExplanationAn employer is an individual, company, or organization that hires people to perform work in exchange for compensation, typically in the form of a regular wage or salary. Understanding the Role of EmployersEmployers are responsible not just for hiring staff, but also for meeting a variety of legal and administrative obligations. This […]
Employee turnover
What Is Employee Turnover?Employee turnover refers to the rate at which workers leave an organization within a specific timeframe. This turnover can be voluntary, when employees resign by choice, or involuntary, when departures are the result of dismissals, layoffs, or other employer-driven decisions. Types of Employee Turnover Common Reasons Employees Leave Several factors contribute to […]
Employee Retirement Income Security Act (ERISA)
What Is the Employee Retirement Income Security Act (ERISA)?The Employee Retirement Income Security Act, or ERISA, is a federal statute designed to regulate the management and structure of most private-sector pension and employee benefit plans in the United States. It establishes baseline rules for retirement and health plans offered voluntarily by private employers and imposes […]
Employee net promoter score (eNPS)
Employee Net Promoter Score (eNPS): Meaning and ImportanceThe Employee Net Promoter Score (eNPS) is a key metric used by organizations to evaluate employee loyalty and engagement. It forms part of a broader strategy to assess how likely employees are to recommend their employer as a great place to work. What is eNPS and Why It […]