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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Additionally, the Edward Lowe Foundation reports that offering stock options as a bonus qualifies it as a profit-sharing plan, which is a system where companies share a specific portion of the net profit of the company, with its employees. Another employee retention example is paying attention to an employee’s career projections.

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HR TechStack – Performance Tracking

Workstride

Performance Tracking Tools. It helps organizations establish employee performance standards and enables managers to evaluate employees’ job performance in relation to these standards. Performance management systems are used to manage employee progress, performance, and development in relation to organizational goals.