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Recognition Boosts Employee Engagement and Productivity | ClearCompany

ClearCompany HRM

This post was originally published in October 2019 and updated in July 2022 to reflect new information about how employee recognition impacts employee engagement and productivity. A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. trillion globally. 23% more profitable.

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5 Effective Tools to Enhance Employee Engagement and Retention

HR Digest

Employee retention is crucial for the success of any organization and the tools you use to enhance employee engagement are just as important. Engaged employees are more productive, loyal, and motivated, leading to improved business outcomes. Here are some of the best tools we’ve seen that can help you get started.

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Top 15 Tips to Track Payroll Metrics

HR Lineup

These KPIs will serve as benchmarks for measuring the effectiveness and efficiency of your payroll processes. Payroll metrics related to labor costs include labor cost percentage (the proportion of total revenue spent on labor), overtime expenses, and labor productivity (output per employee).

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5 workforce planning tools and how to use them

Business Management Daily

This is where the importance of workforce planning tools comes into play. The role of tools in the workforce planning process. Analyzing the gap between present staffing and future workforce needs enables filling it in an orderly, cost-effective manner that keeps productivity and growth on track.

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Salary Benchmarking: The Key to Attract and Retain Top Employees

Vantage Circle

Your employees are your most valuable resource, and the quality of your staff has a direct impact on the quality of your products and services. What is Salary Benchmarking? Salary benchmarking involves matching or exceeding the ‘benchmark’ salary levels across your industry. How to do Salary Benchmarking 1.

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Time Logs: Definition, Benefits, and Steps to Keep One in Your Business

Homebase

These records serve as a strategic tool that goes beyond admin best practice, offering various benefits that can substantially improve your operations. When employees track their time and know that time tracking data is being logged and analyzed, this can improve focus and productivity.

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Benchmarking: An Important Tool in the War for Talent

HR Daily Advisor

Benchmarking. Benchmarking is the process of comparing your organization’s own processes and operations against those of your competitors. However, as the world of work evolves, so are benchmarking tools. But today’s tools include a vast array of job classifications, regions, and other demographics to benchmark against.