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How to Improve Retention: 10 Strategies to Support Employees and Reduce Turnover

15Five

Employee turnover is an increasingly significant challenge across nearly every industry, and the decline started well before the Great Resignation. A recent labor statistics study by LendingTree found that between 2012 and 2022, the median job tenure dropped almost 11%, from 4.6 What causes employee turnover? years to 4.1

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People Analytics and HR-Tech Reading List

Littal Shemer

Following a nine dimensions model, the book demonstrates how to use people data to increase profits, improve staff retention and workplace productivity as well as develop individual employee experience” HR Analytics Essentials You Always Wanted To Know Michael Walsh (2021). Boudreau , Wayne F. Cascio, Alexis A. Fink (2019).

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Practical Tips for Improving Employment Engagement

HR Partner

Way back in 2012, Forbes magazine published an article wrote that; “Employee Engagement is the emotional commitment the employee has to the organization and its goals.” This in turn leads to a more efficient workforce, a present workforce with low absenteeism, as well as lower turnover and a better company culture. .

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Do Employees Leave a Company or a Boss? 

Women of HR

There are various schools of thought on what drives employee retention. Either way, businesses of all sizes are increasingly concerned about employee retention and realizing that high engagement is critical to reducing turnover. Empower employees to grow their careers.

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Detecting A Bad Manager In Your Company

Abel HR

There is a common saying when it comes to employee turnover that “employees don’t leave companies; They leave bad managers.” We hit the books and found a bunch of studies suggesting that your managers are an important part of employee retention. First, let’s examine the prevalence of the problem. The good news?

Company 52
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Succession Management: 9 Steps For Future Success

Analytics in HR

Reduce turnover by filling positions internally. Overall, investing in employee career development and succession management programs help you improve employee retention. ” Skinner retired in 2012 confident that Thompson was ready to take over. Knowledge transfer.

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How to improve your employee onboarding process

cipHR

Good onboarding also contributes to improved staff retention: employees are 69% more likely to stay with a company for three years if they experience great onboarding, according to a recent survey. The option to read and confirm acceptance of policies and documents.