Whois & Analysis for beneplace.com

Employee retention refers to the ability of an organization to retain its employees.

Employee retention can be represented by a simple statistic (for example, a retention rate of 80% usually indicates that an organization kept 80% of its employees in a given period).

However, many consider employee retention as relating to the efforts by which employers attempt to retain employees in their workforce.

In this sense, retention becomes the strategies rather than the outcome.

Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.

In instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a 'salary packaging' or 'salary exchange' arrangement.

In most countries, most kinds of employee benefits are taxable to at least some degree.

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Employees work in return for payment, which may be in the form of an hourly wage, by piecework or an annual salary, depending on the type of work an employee does or which sector she or he is working in.

Employees in some fields or sectors may receive gratuities, bonus payment or stock options.

In some types of employment, employees may receive benefits in addition to payment.

Benefits can include health insurance, housing, disability insurance or use of a gym.

Employment is typically governed by employment laws or regulations or legal contracts.

The workplace is the physical location where someone works for his or her living.

Such a place can range from a home-office to a large office building or factory.

For industrialized societies, the workplace is one of the most important social spaces other than the home, constituting "a central concept for several entities: the worker and his/her family, the employing organization, the customers of the organization, and the society as a whole".

The development of new communication technologies have led to the development of the virtual workplace, a workplace that is not located in any one physical space.

Morale (also known as esprit de corps) is the capacity of a group's members to maintain belief in an institution or goal, particularly in the face of opposition or hardship.

Morale is often referenced by authority figures as a generic value judgment of the willpower, obedience, and self-discipline of a group tasked with performing duties assigned by a superior.

According to Alexander H.

Leighton, "morale is the capacity of a group of people to pull together persistently and consistently in pursuit of a common purpose".

Morale is important in the military, because it improves unit cohesion.

Without good morale, a force will be more likely to give up or surrender.

Morale is usually assessed at a collective, rather than an individual level.

In wartime, civilian morale is also important.

Esprit de corps is considered to be an important part of a fighting unit.