article thumbnail

Infographic: 5 Reasons Why Employee Retention is So Difficult - DecisionWise

DecisionWise

Why is employee retention so difficult? Tenure is flat since 2012 and we suspect a slight decrease will be found once new data becomes available. #4: Looking at tenure by age shows that the youngest group of workers have the lowest average tenure of about three years. Read more on Employee Turnover here.

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Sell Employee Recognition to Your Leadership Team

Bonusly

Fortunately, if you believe your organization could and should do a better job of recognizing people for their contributions, the data is on your side: Josh Bersin’s seminal 2012 research found that the companies that rank in the top 20% for building recognition-rich cultures see 31% lower voluntary turnover rates. Steve Jobs.

article thumbnail

11 Real-Life Human Resources Examples

Analytics in HR

From comprehensive benefits to AI talent retention solutions, these cases paint a vivid picture of HR in action. AI talent retention solutions 8. According to the company’s global human resources vice president, the vacation policy is the main reason that FullContact has an 85% retention rate. Prioritizing employee wellbeing 11.

article thumbnail

Why You Need a New Strategy for Retaining Female Talent

Cornerstone On Demand

and women-owned firms were growing at twice the rate of all other groups. In 2012, women held 14.3 ROWE-type policies can help with turnover caused by work-life conflict, one of which is family burdens. Judging women by the quality of their work rather than whether or not they are physically present can increase retention.

Strategy 170
article thumbnail

How to Measure the ROI on Employee Experience Initiatives

Empuls

a share (2012) to around  $21.  Intangible Engagement scores determine the intangible ROI of the company’s employee experience initiatives, increase in customer base, turnover rates, CEO approval ratings and position on Forbes, Fortune, and Glassdoor's best workplace lists.

article thumbnail

The "Next Big Thing" in Talent Acquisition

Cielo HR Leader

Forty-three percent of healthcare organizations are investing in some form of external recruitment support to meet their talent needs, according to a 2012 report by the Aberdeen Group. Increased retention rates by 5 percentage points to 97%. In addition, the STAR team: Decreased cost-per-hire by 66%.