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Calculating Employee Turnover Rate & Strategies to Reduce it

Empuls

As a human resources professional , you have to be wary of high turnover rates because these will definitely have a negative effect on the company (more on these later). In this article, let’s discuss high turnover meaning and strategies to reduce it. What is Employee Turnover? How To Calculate Employee Turnover Rate?

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From Amazon To Buffer: 8 Company Culture Examples To Learn From

Analytics in HR

TinyPulse found that staff who do not align with or don’t like their company culture were 24 percent more likely to quit, taking productivity and knowledge with them. By hiring individuals who are a great cultural fit, your company can strengthen its culture, leading to increased employee satisfaction, productivity, and retention.

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

Employee retention is a challenge for nearly every organization. Although it may seem impossible to perfect a retention strategy in the face of these odds, you can often make a dramatic improvement with a few simple steps. That level of voluntary turnover speaks to the magnitude of the retention issue many organizations face.

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Causes of Employee Turnover

Bonusly

Turnover is influenced by many factors that generally come from two directions: external forces and internal forces. We’ll start with external forces, though, because it helps to be aware of how much they contribute to fluctuations so that you can make effective decisions about retention. Average turnover rate. businesses.

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5 Reasons Offering a Sabbatical Program Pays Off

Zenefits

Well, we have some good news for you: nearly 80% of today’s US employees value new or additional benefits over a pay increase. According to the SHRM 2017 benefits report , 17% of companies are now offering both paid and unpaid sabbatical programs. So, how do you attract talent of this age and minimize turnover rates?

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33 Thoughtful Employee Recognition & Appreciation Ideas for 2017

SnackNation

33 Thoughtful Employee Recognition & Appreciation Ideas for 2017. Companies with a solid strategy to recognize team members enjoy stronger engagement, increased employee morale , better customer service, and lower turnover. Well, it’s not as easy as it seems. Use your website well.