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How to Protect Your Company from High Employee Turnover

Achievers

Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? From the employee point of view, it’s important to realize that in 2015, almost 25 percent of American workers left their jobs voluntarily. The dimensions of the problem.

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Employee Engagement Through Training and Education Opportunities

Hospital Recruiting

It benefits the organization by increasing retention, improved patient safety, increased morale , and increased profit to name a few. It is up to the employee and the employer to contribute to the success of the initiative. Not only that, employee engagement improved to 82% and participation improved 90% in 2015 ( Press Ganey 2016).

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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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Why Banking On Your Workforce Boosts Business Results

Visier

In my last post , I discussed how innovative new ideas that drive success come at the intersection of the workforce and the business. Case in point: Banks with lower employee turnover retain more customers. Do branches with higher average performance ratings or training hours for their employees have better customer retention?

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How to Make the Case for Continuous Performance Management

Reflektive

Morgan launched real-time feedback, and Accenture led the way back in 2015, citing bad ROI as the determining factor for eliminating its ratings and annual review program in favor of continuous performance management. Determine Success Metrics. Performance reviews are going out of style. Adobe uses check-ins , J.P. You’re the expert.

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Retain Your Diverse Workforce with a Three-Pronged Approach

Oracle HCM - Modern HR in the Cloud

And despite all the attention placed on talent diversity, women hold just 12 percent of corporate board seats worldwide according to Deloitte’s 2015 study Women in the Boardroom: A Global Perspective. But unfortunately, many of these same companies have not taken as seriously retention of the diverse employees they hired.

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10 HR Tech Trends in 2016

Unicorn HRO

In addition to providing a more cost effective means of collecting data, Talent Management Analytics can identify patterns and correlations between important events in a company’s history, such as the relationship between high employee turnover and the lowering of compensation or benefits packages.