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Curbing Employee Turnover Contagion in the Workplace

Visier

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Turnover contagion happens when people quit their jobs simply because other people are talking about leaving, job searching, or actually jumping ship. Quitting is contagious.

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Engage to increase retention

CultureAmp

1] For these reasons and more, employee turnover can present a serious obstacle to an organization’s success. Thankfully, there are actions you can take that have been proven to improve retention. Low engagement, higher costly turnover When a valued person leaves your organization the departure can come with a variety of costs.

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5 Ways Workplace Culture Drives Business Profitability

Great Place to Work

Great workplaces have higher retention rates. Companies that make the Fortune 100 Best Companies to Work For® list — the flagship recognition list produced by Great Place To Work® each year — experience half the turnover of their peers. That turnover can be incredibly expensive. Worried about productivity?

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Engage to increase retention

CultureAmp

1] For these reasons and more, employee turnover can present a serious obstacle to an organization’s success. Thankfully, there are actions you can take that have been proven to improve retention. Low engagement, higher costly turnover When a valued person leaves your organization the departure can come with a variety of costs.

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What is Human Capital Analytics? The Essential HR Guide

Analytics in HR

Your team can use prescriptive analytics to create suggestions for training strategies that improve employee productivity and engagement. Training) Revenue generated – costs of program) / costs of program Source: Fitzenz 2009. Improved retention rates: Retaining your employees is essential to the growth of your organization.

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6 Key HR Strategies in a Recession

Zenefits

The 2007-2009 Great Recession is fresh in the public consciousness as another potential economic downturn looms over the market. In the economic crisis and recession of 2009, 55% of HR leaders expanded their layoffs, and 41% started downsizing. But this isn’t 2009. Retain top employees and reduce worker turnover.

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How Companies Identify Talent with Jim Sullivan of JCSI & Kage Spatz

Thrive Global

As a part of my HR Strategy Series, I’m talking to top experts in the field to teach prospects what hiring managers are actually looking for, while also supporting business leaders in their hiring and retention strategies. Retention rates are extremely important for employee morale, company success, and budgeting.