Remove 2024 Remove Employee Recognition Remove Retention and Turnover
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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Quick look: As 2024 comes to a close, it’s time for HR professionals to review, reflect, and fine-tune their processes to ensure compliance, enhance employee satisfaction, and streamline operations. Archive old records: Securely store or dispose of records in accordance with data retention policies and legal requirements.

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National Wellness Month 2024: 6 Employee Wellness Program Ideas

Extensis

Implementing programs to assist with budgeting, investing, saving for retirement , and paying off student loans can show employees that their employers are there for them and want to help them achieve good financial health. Employers should consider implementing a robust employee recognition program to encourage these advantages.

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From airlines to offices? How loyalty programs can reduce employee turnover

HRExecutive

Employee turnover is expensive. Gallup estimates that replacing leaders costs 200% of their salary, technical employees 80%, and frontline workers 40%not including losses in morale and expertise. How can HR teams increase employee loyalty to keep these costs down? Loyalty doesn’t only impact turnover levels.

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13 Practical Performance Management Strategies To Implement (In 2024)

AIHR

Greater career development opportunities: Regular check-ins and feedback help employees understand their strengths and weaknesses, undertake training to improve their knowledge and skills, and advance in their careers within the organization. This can boost employee motivation, performance, and retention.

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15 Employee Engagement Examples To Inspire You in 2024

AIHR

It reported that organizations with highly engaged employees saw a 51% drop in turnover (for low-turnover companies) and a 23% rise in profitability. What drives employee engagement? Employee engagement has various drivers. Some are subtle and depend on individual employees’ personalities, wants, and needs.

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50+ Sensitive Workplace Stress Statistics 2024

HR Stacks Blog

Table of Contents Sources of Workplace Stress Workplace Stress, Engagement, and Turnover Stress Management Programs Important Workplace Stress Statistics Sources of Workplace Stress Understanding what’s really causing stress is key to taking effective proactive steps. Source: Gallup Job stress costs U.S.

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Top Six Employee Recognition Trends of 2024

Vantage Circle

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. to 2 times an employee's annual salary. Let's dive in!