Remove 2008 Remove Onboarding Remove Retention and Turnover Remove Retirement
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How to Solve Hiring Problems in Manufacturing with Employee Recognition

Semos Cloud

In this blog post, we’re going to talk about the impact of employee recognition on retention and talent attraction. After the 2008 recession, the trade deficit skyrocketed and the number of blue-collar workers fell from 24.6 The situation will only worsen because of older professionals’ retirement rates. million in 2010.

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6 Effective Tips & Resources to Help HR Prepare for a Recession

Bonusly

According to a Gartner research report on planning for economic uncertainty,organizations that anticipated the future and developed comprehensive action plans before the turns (2008-09 recession), were rewarded with sustained advantage over their competitors over the last eight years. Evaluate expenses carefully. Focus on employee engagement.

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What Is Employee Turnover (and Why It Matters)

Zenefits

At some point, if your business is more than one person, you’re likely to deal with employee turnover. Analysts estimate backfilling roles costs employers roughly 20% of that position’s salary in hiring, recruiting, and onboarding costs. What Is Employee Turnover? How Does the US BLS Calculate Turnover?

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Succession Planning: Essential Guide for HR

Analytics in HR

Employees get promoted, move companies, and retire every day. This leads to higher turnover in very vital positions for companies,” notes Dunlap. Accurate assessment of the turnover rate for the critical roles identified earlier is key, as turnover in one of these roles will engage your succession plan.

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The Art of Matchmaking Blog Series: Step 3

HR Management

Onboarding [on-bohr-ding]—n. Research has shown that these techniques lead to higher job satisfaction, better job performance, greater commitment to the organization, and reduced turnover. The onboarding is a much more involved approach to assimilating a new hire in your community and team dynamics” Magda Vargas. All Aboard!

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Is it time for a culture check-up?

HRExecutive

When Lisa Bettinger Buckingham took the HR reigns at Lincoln Financial Group in December 2008, the financial-services industry was struggling to survive a global economic crisis that many economists today believe brought the world to the brink of a second Great Depression. Just weeks into Buckingham’s tenure, the Radnor, Pa.-based

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8 Essential Employee Retention Factors Modern Employers Ignore

Rise

” Employee turnover is costly. Turnover affects the performance of an organization, and it becomes increasingly difficult to manage as the competition for skilled employees continues to increase. If your organization shares this struggle, it’s time to re-evaluate your retention strategy. Work schedule flexibility.