Employee Retention is Everyone’s Responsibility

HR Bartender

I came across this article recently on Undercover Recruiter titled, “ Why Employee Retention Should Be a Talent Acquisition Responsibility ”. My takeaway was that talent acquisition professionals play a role in employee retention. The company doesn’t care about its customers.

5 Top Leadership And Culture Articles For 2018 (So Far)

15Five

In every industry, and particularly in tech, quit rates are climbing, and fierce competition makes employee recruiting and retention two very daunting tasks. As companies continue to question how to better manage employees, they’re starting to look at who is managing them.

5 Articles That Reveal The Real Value Of Employee Engagement

15Five

If you’re anything like me, these revelations are enough to leave you baffled and a bit lost – and you would be in good company! Even progressive, people-focused companies are beginning to wonder if there’s any point to this engagement spending.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority?

How Much Is Employee Turnover Costing You?

UpstartHR

Years ago, I worked for an organization with a turnover problem. Everyone knows that employee turnover is a problem, but just how much of an issue is it, really? Today we’re going to explore the far-reaching nature of turnover and what it means for your organization.

Reduce Turnover: Develop an Employee Experience Strategy – #WorkInspired

HR Bartender

Chief People Officer David Almeda calls it a mutual promise between employees and the company. In return, the company is committed to providing an engaging, transparent, collaborative, and high-trust employee experience.

New Hire Onboarding: Take a Pulse to Increase Employee Retention

HR Bartender

With unemployment levels at historic lows, it’s no wonder that employee retention is a priority. A key factor in employee retention is onboarding. I’ve seen articles estimating the cost to onboard an employee as low as $100. You could also use a metric like turnover.

Curbing Employee Turnover Contagion in the Workplace

Visier

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. In other words, voluntary turnover doesn’t just happen in isolation due to an individual’s job satisfaction issues.

Working Retention Into Your Employee Lifecycle Management Strategy

15Five

While recruiting great talent can help ensure your company comes out on top, your job isn’t over when a candidate signs their offer letter. The six stages of the employee lifecycle are attraction, recruitment, onboarding, development, retention, and separation. Measure company morale.

40+ Ways to Reduce Turnover & Become a M.A.G.N.E.T. Employer

Achievers

Employee turnover is running rampant in most organizations today. As retention experts, we continue to compile effective strategies for reducing turnover. Ensure retention is top priority – otherwise recruiting efforts are a band-aid. E mpowered Retention Champions.

How Foot Locker Can Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority?

Employee Turnover is Highest in January: How to Keep Critical Employees from Leaving

Visier

This is the time of year when employers need to be proactive with their employee retention strategies. The Cost of Employee Turnover. Employee turnover is the single most prevalent HR metric. How to Reduce Employee Turnover.

Our “Stickiness” Problem: Retention, Opportunities or Feedback?

RecognizeThis!

Employees need more opportunities, more regular conversations on performance, and more frequent recognition to overcome retention challenges. How often have you heard that phrase in terms of employee retention goals, usually coupled with statements about “there’s just no loyalty anymore.”.

Predicting Employee Turnover using R

Analytics in HR

Employee turnover is a major challenge for companies today, especially when the labor market is competitive and certain skills are in high demand. Retention of valued employees makes good business sense. Click here to continue reading Brian Richmond’s article.

11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it.

5 Reasons Your Retention Rate Is So Low

Get Hppy

If your employee retention rate is low and employee turnover is high, meaning that employees are jumping ship faster than you can hire new ones to replace them, there might be a reason. How do you know if you have an employee turnover issue? Best ways to improve retention.

The True Cost of Turnover for Human Service Organizations

DATIS

Unfortunately, this industry is notorious for high turnover rates, with organizations often reaching turnover as high as 40%. While all industries experience turnover and its internal impact on culture and employee morale, there are several factors that make high turnover particularly threatening to the success of the Human Service organizations. Consequently, high turnover results in a significant financial loss. Combating High Turnover.

The Top 3 Factors Influencing Employee Satisfaction And Retention: An Interview With Colleen McCreary

15Five

We are talking about hiring, development, employee satisfaction and retention. How does one win the “war on talent” in terms of both recruiting and retention? People want to feel valued and important, yet many companies skip over this step.

The Best Employee Retention Articles and Resources from Across the Web

ForUsAll

High turnover to contend with? Revitalizing your employee retention can be a daunting undertaking, but we’re here to help. Here are all the employee retention articles and resources you’ll need to get informed, get inspired, and get going. Annual Turnover Rate By Industry.

4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

The cost of employee turnover is outrageously high. When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement.

Employee Turnover: signs your employee is leaving

Stratus

Gardner’s research found that the biggest sign of departure was disengagement from the company – something that smart businesses can help prevent with the right retention strategies (see below). A 2016 Harvard Business Review looked for clues to departure based on calendar events to determine if there were other factors that could precede an increase in job-hunting activity: Work anniversary of joining the company – 6% increase. Develop a retention strategy.

Employee Retention: Engagement Through Opportunity

Compensation Today

Last week, I talked about whether learning and development is more important to employee retention than pay. In PayScale’s 2016 Compensation Best Practices Report , 47 percent of top-performing companies provided a total rewards statement. Employee Retention

HR, It's Time to Improve Your Employee Retention Strategy

Cornerstone On Demand

Always top of mind these days, employee turnover is a critical and costly issue for companies across the U.S. It is simply in everyone’s best interest to make employee retention a top priority in our new found “sellers market”. Here are five ways HR can start improving employee retention today. 1) Make Visibility a Priority For employees to stay with a company, they need to feel like they have room to grow.

Improve Retention, Safety, Quality, and Profitability in the CPG Sector with Safegagement™

C. A. Short Company

We’ve done this by tackling big issues head on – dedicating full articles to key concerns such as safety or turnover. Instead of further breaking apart and segmenting the data, we’ll put all those pieces together to see how Safegagement improves your employees’ lives, your customers’ health, and your company’s bottom line. Safegagement Retention CPG employee turnover product quality employee safety Profitability

How to Reduce Turnover

ReviewSNAP

Turnover is inevitable in every company. Instead of losing a valuable team member and going through the process of hiring and training someone new, you can reduce employee turnover by following the tips outlined in this article. Have a supportive company culture. Every company should have a supportive and positive work environment where employees are respected and treated well. Even if your company is a great employer, people eventually move on.

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. Even the best leaders have a hard time keeping top talent.

Should You Use Retention Surveys or Stay Interviews?

HSD Metrics

Why Conduct On-Line Retention Surveys. Many employers face high employee turnover rates, and the results are costly. According to a 2016 Deloitte Millennial Survey, 66% of millennials expect to leave their company by 2020, and 25% expect to leave within a year.

Should You Use Retention Surveys or Stay Interviews?

HSD Metrics

Why Conduct On-Line Retention Surveys. Many employers face high employee turnover rates, and the results are costly. According to a 2016 Deloitte Millennial Survey, 66% of millennials expect to leave their company by 2020, and 25% expect to leave within a year.

Employee Turnover: 6 Lesser Known Reasons Your Employees Are Leaving

Vantage Circle

That’s why reducing employee turnover is the primary concern among companies. Calculating employee turnover is essentially the percentage of the total number of employees who leave an organization and are replaced by new employees. Types of Employee Turnover.

What You Need to Know About the Cost of Employee Turnover

Bonusly

Do you know how many employees you lose each year to turnover? Although most companies keep track of employee turnover, many fall short when they try to understand its causes and costs in a meaningful way. Do you know how much employee turnover costs you each year?

Boosting Employee Retention with Predictive Analytics

Analytics in HR

Employee turnover is a natural part of business in any industry. Excessive turnover decreases the overall efficiency of a company and is very damaging to the bottom line. Understanding the effects of a high employee-churn-rate serves as a motivator for large corporations, or even small businesses, to work toward reducing the turnover rate of their employees and making the company a more appealing place to work. I am proud to be associated with the Company.

5 Effective Activities for Onboarding in High-Turnover Industries

SilkRoad

The voluntary quit rate has reached a 17-year high , according to an article published by the Society for Human Resource Management (SHRM). So, it makes good business sense to take a moment and evaluate the company’s onboarding process.

3 Must-Read Digital HR and HR Tech Articles of September 2018

Digital HR Tech

Welcome to another brand new edition of our ‘Must-Read Digital HR and HR Tech Articles’. Tina Eaton makes a strong (business) case for automating your onboarding process in this article. Read the full article here. #2: Go here for the full article. #1:

How Onboarding Technology Can Improve Talent Retention

TalentCulture

It therefore comes as a surprise (at least to me) that many companies allow talent to slip through their fingers. A High Turnover of Talent. If you are looking for evidence of problems with staff retention, then look no further than the 2016 Deloitte Millennial Survey.

3 Must-Read Digital HR and HR Tech Articles of July 2018

Digital HR Tech

Welcome to this brand new edition of our ‘Must-Read Digital HR and HR Tech Articles’. Create Thoughtful, Automated Onboarding to Increase Retention Times 3. As much effort as many companies put into their recruitment process, as little effort often goes into the onboarding period.

Driving me crazy: How bad commutes affect employee retention

Achievers

When we think about the issues that most affect employee happiness and turnover, we often overlook a major factor that actually takes place outside the office: the quality and length of an employee’s commute. There’s nothing worse than sitting in traffic or squeezing onto a crowded subway.

Planning for 2019

HSD Metrics

Many times, companies become complicit in how things are run, and even if goals are being met, leaving everything to stay the way it is quickly leads to stagnation, and eventually any progress will level out – or decline. Why Reduce Employee Turnover.