Remove 2025 Remove Bonuses and Incentives Remove Compensation Remove Employee Recognition
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How to Reduce Employee Turnover: 3 Steps for Keeping Your Top Talent

Terryberry

Below are our suggestions for reducing employee turnover. Give Authentic Recognition Often and Early. We know that employee recognition is one of the most underutilized tools for preventing employee turnover. Another report found that employees had averaged 50 days since they were last recognized.

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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

A survey by Medscape in 2019 found that 25% of physicians considered leaving their current position, citing burnout, low compensation, and administrative burdens as key reasons. Compensation :  Competitive salaries and benefits are crucial for retention.

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10 People Sustainability Strategies for Your Business

Vantage Circle

A study suggests that, By 2025, ESG assets are expected to surpass $53 trillion, accounting for more than one-third of the projected $140.5 Integrate sustainability into performance evaluations: Integrate sustainability goals into performance evaluations and provide incentives for employees who contribute to achieving sustainability goals.

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How Employee Perks Can Help Companies in the US

Vantage Circle

Employee perks are the enticing extras employers offer their staff, going beyond the regular paycheck to make the workplace more inviting and fulfilling. These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities.

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Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

They’ve become so ingrained in the corporate psyche that we predict at least 85% of businesses will still be conducting them in 2025—even if it’s just to do them. According to research by CEB, now Gartner, when companies remove ratings from their annual reviews, employee performance drops by nearly 10%.