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Avoiding Employee Turnover: Long-Term Benefits of a Happy Workforce

6Q

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

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How HR can give your company’s employee retention strategy a boost

Insperity

But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? There are lots of tips out there for guiding managers in retaining their direct reports.

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15 HR Analytics Case Studies with Business Impact

Analytics in HR

This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian. The company was facing levels of turnover that were 3-4% higher than they wanted it to be. This was a proven, important condition for first-year retention.

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How to Calculate and Reduce New Hire Turnover at Your Company

Analytics in HR

So, how can you reduce new hire turnover in your business today? Contents What is new hire turnover? How do you calculate new hire turnover? How to reduce new hire turnover. What is new hire turnover? New hire turnover can be voluntary —an employee decides to leave—or involuntary —an employee is asked to leave.

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Employee retention strategies to overcome the Great Resignation

Business Management Daily

Employee retention is a major challenge for employers at this time. Many employers are seeing record turnover rates as the economy rebounds from the coronavirus pandemic. To combat turnover, it’s time to take a more active approach in retaining employees and boosting engagement. Allow telecommuting. 44% of U.S.

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The Ultimate Guide to Elevating Employee Engagement Index

Vantage Circle

Companies are investing in team-building activities, recognition programs, and new office designs - and shelling out big money for fancy consultancies. Ongoing index measurement empowers data-backed investments into targeted engagement initiatives that motivate higher performance and retention.

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People Analytics and HR-Tech Reading List

Littal Shemer

If you are interested in additional free resources for data science and R programming, check the comment section of this post. People Analytics – Build the Value Chain This book, by Littal Shemer Haim , is not a typical textbook. Click titles for Kindle versions (Work in progress. First published: May 14th, 2018. And be careful!