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Ready. Set. Recruit. | Canadian Insurance
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Ready. Set. Recruit.

Succession gaps. Tight budgets. The big talent crunch. These days your recruitment and retention strategies need to look beyond compensation…

ORGANIZATIONS OFFERING SIGN-ON BONUSES: MOST POPULAR RECRUITMENT RETENTION PROGRAMS OFFERED BY 96% OF ORGANIZATIONS: ORGANIZATIONS OFFERING REFERRAL BONUSES:
78%
Executive
85%
Tuition Reimbursement
82%
Short-term incentives
33%
Executive
77%
Management
77%
Service awards
77%
Wellness programs
58%
Management
64%
Exempt, non-management
68%
Recognition awards
67%
Exempt, non-management
22%
Non-exempt
66%
non-exempt
10%
of employers plan to adopt mentoring programs
US$1,000
Standard median referral bonus, paid by 57% of organizations after a new hire has completed a probationary period.
10%
of employers surveyed plan to adopt career development programs

Source: Willis Towers Watson 2016 U.S. General Industry Compensation Policies and Practices Survey.

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Copyright © 2017 Transcontinental Media G.P. This article first appeared in the May 2017 edition of Canadian Insurance Top Broker magazine