article thumbnail

Why Employee Engagement is Important in 2023

15Five

Increased retention (and less quiet quitting) When employees become disengaged, they often stop caring about their work and disconnect emotionally. Highly engaged teams experience a 40% reduction in turnover on average. When you take active steps to listen to employees and address problems, positive business outcomes follow.

article thumbnail

3 Key Ways Learning Benefits the Business

Linkedin Talent Blog

According to LinkedIn’s 2024 Workplace Learning Report , companies with a strong learning culture have a 7% higher rate of promotions to management, 23% higher internal mobility rate, and 57% higher retention rate than those where learning is less robust. Let’s unpack exactly how learning benefits the business. And the No.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Your employees might be leaving because of their terrible commutes

Fast Company The Future of Work

Adobe, based in San Jose, California, contributes the first $100 to a commuter FSA that can be used for qualified commuting costs and lists other commuter benefits for eight U.S. And while companies may be seeking ways to mitigate the impact of a tough commute on turnover, offering such benefits has gotten more complicated.

article thumbnail

5 Myths About Employee Retention

Linkedin Talent Blog

There are three things that should matter most to hiring professionals right now — retention, retention, retention. A cost-of-living crisis coupled with a herky-jerky economy in which resignations far outnumber workforce reductions is causing a surge in employee turnover. But mostly turnover is expensive.

article thumbnail

What Google, Adobe, and Cargill Changed About Their Performance Management Strategies

HR Daily Advisor

Instead, data inform all of their decisions—by adopting this scientific approach to its processes; from improving employee retention, workplace collaboration, and diversity to hiring algorithms that indicate which prospective candidate has the highest probability to succeed at Google. But how did Adobe input these changes?

Adobe 65
article thumbnail

See How Your Employee Engagement Stacks Up to Your Peers

Reflektive

Companies that implement continuous feedback report 32 percent higher employee retention ¹. Some, like Adobe, replaced the review with frequent check-ins — a conversation that helps managers and employees align on priorities, and share constructive feedback that enables employees to grow their skills careers.

article thumbnail

How to Measure the ROI on Employee Experience Initiatives

Empuls

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. with 94% of employees happy to recommend it to their friends.