Accessibility to training resources
Employers should provide their employees with the proper resources to improve and be well versed in their specialties. As the human resources department of a company controls the training resources that are available to employees, employees should be sufficiently satisfied with the opportunities for improvement that the department provides and the department should be ranked highly against similarly sized companies.
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The Reuter’s training resources are managed by their Human Resources department. Overall, employees are very satisfied by the opportunities for improvement that HR provides, as they are rated within the top 10% of similarly sized companies. Moreover, the employees are extremely satisfied with the HR’s leadership and the actions they are taking, as the HR’s leadership is rated within the top 15% of similarly sized companies.
Employee benefits in comparison to industry standards
Every business should provide their employees with benefits to improve their working life and the health of themselves and their family. Standard benefits that should be offered include health insurance, life insurance, dental insurance, paid time off or sick time, paid medical leave, education assistance, and 401k. Employees should have a good sentiment around the perks and benefits their company provides, and the benefits should rank highly against similarly sized companies.
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Reuter’s perks and benefits rank them in the top 10% of similarly sized companies. They provide benefits such as Dental Insurance, Vision Insurance, Health Insurance, Life Insurance, Paid Time Off, Tuition Reimbursement, and 401K, and roughly 81% of employees are satisfied with their benefits.
Overall work environment
A healthy work environment provides several perks such as increasing productivity and creativity and boosting motivation and company morale. Employees should be comfortable working with their peers and feel that they have an adequate amount of freedom to improve. As a result, a company should cultivate a work environment that is highly rated by both employees and against similar companies, and employees should also be pleased with the company's leadership and the opportunities they provide.
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Reuters facilitates a very appealing work environment that is rated in the top 10% of similarly sized companies. Employees feel that the company is very employee orientated and makes changes to accommodate their needs. Moreover, the leadership and management encourage all employees, support learning and growth, and create a culture that makes everyone feel like family.
Salaries in comparison to industry standards
Higher salaries and compensation allow employees to be more invested in their jobs and feel that they are valued by the company. It also allowed companies to expect that employees are more productive and that they produce high-quality work. As a result, employers should provide salaries that rate them highly in comparison to similarly-sized companies and employees should be satisfied with their compensation.
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Reuters pays salaries that rank within the top 10% of similarly sized companies. The average reporter makes $72,000 per year, while the average editor makes $23.33 per hour and the average project manager makes $94,944 per year. Additionally, 75% of employees are satisfied with their compensation.
Work from home and response to the pandemic
Allowing employees to work from home, gives them the opportunity to work in a more comfortable setting and have fewer distractions. Especially during the COVID-19 pandemic, being able to work from home is important to keep safe and still be productive. Thus, employees should be satisfied with the company's response and leadership during the pandemic, and a minimal number of employees should be expected to work in the office.
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In response to the pandemic, 85% of employees were satisfied with Reuter’s leadership. Moreover, 82% of employees felt that Reuters responded quickly and appropriately to the pandemic, and only 17% of employees were expected to work from the office.