Human Resources

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Why Baldrige Helps Your Benefits Package?

Professional development opportunities are helping to provide the HR Professional Community with additional ways to support employee benefits programs.  Employees favor professional development being included in benefits packages because it is an investment in their future.  Learn more about statistics that support this claim by downloading our HR Support Guide below.

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Questions About Becoming a Partner?

If you would like to learn more about becoming a partner please visit our Partnership Overview, or, you can submit your application for partnership by Applying Now.

To speak with Josh Racette, Executive Director of Corporate Development with the Baldrige Foundation, about any questions that you have regarding the Baldrige Foundation Institute for Performance Excellence please email at Jracette@baldrigefoundation.org.

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In this increasingly competitive market place employers are looking for solutions that will give their organization a leg up.  A benefits package can be make or break when trying to acquire top talent.  Partnering with the Baldrige Foundation Institute for Performance Excellence provides your benefits package with increased strategy deployment partners, networking opportunities, educational resources, and exclusive member events all directly focused on performance excellence.  Your employees will be provided with tangible resources that truly elevate your current benefits package! In this increasingly competitive market place employers are looking for solutions that will give their organization a leg up.  A benefits package can be make or break when trying to acquire top talent.  Partnering with the Baldrige Foundation Institute for Performance Excellence provides your benefits package with increased strategy deployment partners, HR departments and organizations as a whole invest significant resources into designing benefits packages that can be used both to recruit new employees and to retain the talent they already have. In a SHRM survey on job satisfaction and engagement, the vast majority (92%) of employees indicated that benefits are important to their overall job satisfaction.

Results also showed a relationship between benefits and retention, with 29% of employees citing their overall benefits package as a top reason to look for a position outside of their current organization in the next 12 months; 32% of employees who were unlikely to look for an external position cited their overall benefits package as a top reason as well. This finding illustrates what HR professionals already know—benefits are powerful and can either cost or save an organization a substantial amount of money associated with turnover.

Remaining Competitive
Organizations are competing not only for market share but also for employees. Employees want to work for an employer that will upgrade their skills to keep them competitive with peers from other companies.
Dealing with Skills Shortages
According to SHRM's skills gap research, 83% of HR professionals are having recruiting difficulty and of those HR professionals, 75% say there is a shortage of skills in candidates for job openings.

Adapting to Change
Leaner, flatter, continuously evolving organizations need employee development to ensure engagement and commitment. By providing creative development, executives signal that they value employees.

Employee Development
In today's labor market, companies must invest in employee training to build the talent needed in the current workplace.
Reducing Turnover
Research has shown that employee training actually reduces turnover and absenteeism.
Increasing Worker Productivity
Workers who receive training and educational opportunities are more productive.