Remove ApplicantStack Remove Events Remove Metrics Remove Retention and Turnover
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6 Qualities of a Great Employer

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Their findings suggest that strategic importance of employees compared to other stakeholders was vital to employee retention and satisfaction. According to a Quantum Workplace study , employers who offer formal recognition for good work have a 31 percent lower turnover margin than those without.

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Exit Interview Questions That Get Honest Answers

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These insights can reshape your retention strategy. Was there a specific moment or event that solidified your decision to leave? If you were in charge of improving employee retention, what would be your top three priorities? Focus on issues that affect retention, productivity, or employee satisfaction broadly.

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Retain Your Talent: Proven Methods to Reduce Employee Turnover

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But why is employee retention important and what can your business do to protect against high attrition rates? The Great Resignation “The Great Resignation” is a key example of why retention is critical to a successful workforce. This event refers to the sudden boom in employee resignations that took off in April 2021.