Netchex HR Blog

MAY 16, 2023

Retention is a top priority in most HR departments. Recruiting new employees is expensive and time consuming. Turnover problems will continue if employees don’t feel engaged. An employee engagement survey is one of the best tools for measuring and tracking engagement. What is a stay interview?

Interview Software 84

Interview Software Retention and Turnover Hiring Software Recruiting Software 84

Terryberry

APRIL 12, 2021

Employee engagement builds a creative and highly collaborative culture, allowing the workforce to work harmoniously and mitigate productivity barriers. In addition, employee engagement initiatives significantly enhance a company’s employee retention rates. Employee Engagement Strategies for a More Resilient Team.

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Employee Recognition Retention and Turnover How To Employee Engagement 98

Vantage Circle

SEPTEMBER 28, 2023

And that is something this blog will cover and give you a good headstart on how you can start your employee recognition program. According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Key Takeaways Understand what a recognition program is.

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Employee Recognition Hiring Software HR Software Onboarding Software 52

Vantage Circle

MARCH 5, 2024

And when it comes to employee recognition , the traditional one-size-fits-all approach has become outdated. This calls for recognition programs to be equally adaptable and technology driven. Hence, the need for modern employee recognition programs has become significantly important.

Employee Engagement 52

Employee Engagement Planning Tools Interview Software Employee Recognition 52

Analytics in HR

AUGUST 15, 2023

An employee recognition program can help your company retain employees, improve productivity and recognize employee performance. In fact, it’s been shown that when larger businesses double their employee recognition efforts, they experience a 9% increase in productivity and a 22% decrease in absenteeism.

Employee Recognition 52

Employee Recognition Assessment Software HR Software Recruiting Software 52

Extensis

MARCH 3, 2023

However, properly recognizing employees’ hard work may not be as simple as it seems. Here, explore the business benefits associated with thanking your staff, four tips on how to create an employee recognition program, and how a PEO can help. Hiring advantages : Today’s top talent wants to know their hard work won’t go unnoticed.

Employee Recognition 52

Employee Recognition Hiring Software Video Recruiting HR Planning 52

Extensis

APRIL 24, 2024

Quick look: A strong corporate culture is tied to improved market performance, reduced turnover, enhanced innovation, and more. ” Enhanced innovation : Supportive workplace cultures naturally produce employees who feel comfortable sharing new ideas and ways of thinking.

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Employer Branding HR Planning Retention and Turnover How To 87

Empuls

DECEMBER 18, 2023

Employee retention is a critical factor in the success of insurance companies.    Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. However, there's no need to worry. 

Retention and Turnover 40

Retention and Turnover Hiring Software Onboarding Software Bonuses and Incentives 40

Terryberry

APRIL 12, 2021

Employee engagement builds a creative and highly collaborative culture, allowing the workforce to work harmoniously and mitigate productivity barriers. In addition, employee engagement initiatives significantly enhance a company’s employee retention rates. Employee Engagement Strategies for a More Resilient Team.

Employee Recognition 52

Employee Recognition Retention and Turnover How To Employee Engagement 52

Achievers

FEBRUARY 11, 2020

High turnover rates . One of the first signs that there might be a problem in the workplace is an increase in turnover rates. There are, however, a lot of factors that can cause turnover rates to spike. For example, compare involuntary and voluntary turnover. Little to no employee recognition .

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Retention and Turnover Hiring Software How To Employee Recognition 190

Hireology

MARCH 31, 2021

High employee turnover plagues nearly every industry, and while some reasons employees decide to leave are out of your control, you have a great deal of influence on many of the factors that cause staff members to look elsewhere. . So, if it’s not yet clear, onboarding can’t be a one-week venture. 30/60/90 Day Plan .

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Onboarding Software Onboarding Hiring Software Background screening 72

Bonusly

JUNE 27, 2018

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. Voluntary vs. involuntary turnover.

Retention and Turnover 74

Retention and Turnover Hiring Software Onboarding Software TinyPulse 74

Achievers

FEBRUARY 2, 2021

These are benefits an employer voluntarily offers employees, and benefits programs are a top employee recruitment, retention, and engagement strategy. . Below are some of the benefits considered most important to engaging employees. . Employee recognition . What are benefits that are voluntary?

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Employee Benefits Hiring Software Recruiting Software Planning Tools 237

EmployeeConnect

JANUARY 11, 2023

National Employee Appreciation Day: Friday, 3 March, 2023. Do you want to boost your employee retention and overall productivity? One of the best practices is employee appreciation for inspiring your team and making them feel valued. Why it is important to make employees feel appreciated.

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Employee Appreciation Onboarding Software Planning Tools HR Software 130

WorkHuman

AUGUST 2, 2017

She started our meeting by saying, “Of course, I know what recognition is. It’s a soft, feel-good program that employees seem to like and a necessary expense today. She was a “Recognition Science Denier.” Do you work with a Recognition Science Denier? Do you work with a Recognition Science Denier?

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Globoforce Retention and Turnover Bonuses and Incentives Hiring Software 112

AvilarHR

MARCH 5, 2024

ADP Research Institute’s Chief Economist , Dr. Nela Richardson, first referred to the Big Stay earlier that month when reporting a slowdown in worker turnover compared to the previous two years. At the same time, companies were pivoting business operations to meet new market demands and scrambling for workers during a labor shortage.

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Retention and Turnover Competencies HR Software Trends 73

Achievers

AUGUST 6, 2020

However, a recent HBR study found that employees reported they had not felt recognized for an average of 50 days. Employees who are not recognized start to become demotivated and disengaged , decreasing their productivity and retention dramatically. Recognition is not a “nice-to-have”—it’s a requirement for business success.

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Employee Recognition Planning Tools Assessment Software HR Software 241

Interact-Intranet

JUNE 7, 2017

The importance of employee recognition is often overlooked – are you aware of the impact? Employee recognition is essential for motivating, retaining and fully engaging our employees. What employee recognition is – and what it isn’t. Recognition is not one-size-fits all.

Employee Recognition 40

Employee Recognition Planning Tools HR Software Globoforce 40

Achievers

JANUARY 27, 2016

You’ll do a better job of effectively delivering this recognition, however, if you understand the reasons behind it. Greater employee retention: As HR.com points out, this isn’t rocket science – employees who are recognized are more likely to be engaged, and engaged employees equal higher retention rates.

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Retention and Turnover Employee Recognition Certification Productivity 92

Achievers

JANUARY 27, 2016

You’ll do a better job of effectively delivering this recognition, however, if you understand the reasons behind it. Greater employee retention: As HR.com points out, this isn’t rocket science – employees who are recognized are more likely to be engaged, and engaged employees equal higher retention rates.

Retention and Turnover 92

Retention and Turnover Employee Recognition Certification Productivity 92

Bonusly

FEBRUARY 23, 2022

Employee recognition vs. employee appreciation. Something that often gets confused is using “employee recognition” and “employee appreciation” interchangeably. Employee Recognition = Positive feedback based on results or performance. Employee spotlights and social sharing ??.

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Employee Appreciation Recruiting Software Employee Recognition Planning Tools 113

Achievers

DECEMBER 22, 2016

Studies on turnover estimate that when an employee leaves a company, it can cost the organization between 30 to 250 percent of that person’s annual salary due to factors like loss of productivity and other associated replacement costs. Look beyond money to drive desired behaviors.

Hiring Software 92

Hiring Software Onboarding Software Retention and Turnover Hiring 92

Bonusly

AUGUST 4, 2021

Employee retention and turnover continue to be a struggle for many companies. We often talk about epiphany moments on the blog, and in our opinion, there’s no larger epiphany than living through a global pandemic. “As Like we mentioned—it may be too little, too late for your employees that are on their way out.

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Retention and Turnover Employee Recognition Survey Productivity 98

SocialChorus

MARCH 27, 2024

Employee recognition boosts morale, fosters a sense of belonging, and increases engagement. In fact, when companies effectively recognize their workers, studies suggest there is 63% higher productivity and 31% lower turnover —making a true impact on the bottom line. Want more ideas for elevating onboarding?

Hiring Software 52

Hiring Software Hiring Onboarding Software Onboarding 52

Zenefits

JULY 15, 2019

With shrinking talent pools and skills gaps the size of the Grand Canyon, employee turnover can be devastating. . Employee well-being begins with acknowledgement . Businesses are recognizing the need for and value of recognition. How common are formal recognition programs? . ” Recognition is evolving.

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Retention and Turnover Hiring Software Compliance Training Time and Attendance 58

Vantage Circle

JANUARY 31, 2024

These include enhanced employee engagement and increased productivity. In this blog, we will explore various strategies that business leaders and HR professionals can implement right away to step up their Employee experience game. Key Takeaways What is Employee Experience Management ? Source: Vantage Circle 3.

Hiring Software 59

Hiring Software Onboarding Software Assessment Software Recruiting Software 59

Empuls

OCTOBER 9, 2023

Banking institutions that invest in cultivating engaged employees reap the benefits of enhanced customer service, improved productivity, and a more vibrant workplace culture. In this blog, we will explore the significance of employee engagement in the banking sector and share strategies for achieving it.

Employee Engagement 40

Employee Engagement Retention and Turnover Recruiting Software Planning Tools 40

Bayzat

APRIL 5, 2024

What Is Employee Attraction and Retention? Employee attraction refers to the processes and practices that a company implements to draw in potential employees to apply for job openings. This creates a positive work environment where employees feel valued and motivated to perform at their best.

Hiring Software 52

Hiring Software Video Recruiting Talent Experience Recruiting Software 52

Workstride

JULY 22, 2016

In other cases, high turnover is a result of poor management and a lack of employee engagement. It’s important to understand the difference and be able to discern whether your organization’s turnover is healthy or too high. Is Your Turnover Healthy or Unhealthy? Tracking Employee Turnover.

Hiring Software 40

Hiring Software Retention and Turnover Onboarding Software Recruiting Software 40

Sapling

OCTOBER 13, 2019

In today’s competitive talent landscape, companies need to go above and beyond to create an employee experience that can attract, engage, and retain talent. Take your early employee experience to the next level with these employee onboarding best practices.

Onboarding Software 56

Onboarding Software Onboarding Hiring Software Background screening 56

Empuls

APRIL 22, 2024

Additionally, with a strong sense of belonging and connection to the company culture, engaged employees are less likely to seek employment elsewhere, reducing costly turnover rates.   Enhanced innovation - When employees feel valued, they are more likely to share ideas and contribute to creative problem-solving. 

Hiring Software 40

Hiring Software Employee Engagement Onboarding Software HR Software 40

6Q

OCTOBER 23, 2023

After all, who doesn’t appreciate a pat on the back or a little extra recognition for their efforts? Also, a recent Deloitte Insights survey found that companies prioritising employee recognition are 12 times more likely to achieve positive business outcomes.

Bonuses and Incentives 52

Bonuses and Incentives Recruiting Software Hiring Software HR Software 52

Achievers

SEPTEMBER 9, 2019

High levels of employee engagement are known to boost productivity, improve customer satisfaction , and bolster retention rates. It ’s these very benefits that have spurred companies across the country to invest in enhancing the employee experience. . Do accept employee feedback and be willing to listen .

Talent Experience 92

Talent Experience Retention and Turnover Employee Engagement Onboarding Software 92

Hppy

DECEMBER 18, 2022

When employees feel valued and appreciated for their contributions, they are more likely to be engaged and motivated in their work. Regular recognition and appreciation can also improve communication and collaboration among team members, leading to better teamwork and positive work culture. . Higher retention rates.

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Retention and Turnover Productivity Wellness Meeting 91

Empuls

OCTOBER 9, 2023

Engaged employees are more productive, motivated, and committed to their organizations. In the highly competitive and dynamic world of finance, nurturing employee engagement is not just a good practice; it's a strategic imperative. Engaged employees tend to stay longer, reducing costly turnover.

Employee Engagement 40

Employee Engagement Industry Strategy Retention and Turnover 40

Bonusly

SEPTEMBER 14, 2016

What's worse, the departure of even one or two top-performers or a charismatic leader can trigger a spiral of additional turnover. Unlike other major disasters, a turnover spiral is often avoidable, and protecting against it might be easier than you think. Start with the lowest hanging fruit: common turnover contributors.

Retention and Turnover 40

Retention and Turnover Interview Software Planning Tools TinyPulse 40

Vantage Circle

JANUARY 28, 2024

This blog will take you through a venture that will clarify your confusion about these two concepts. This involves orientation, training, providing resources, meeting team members, etc. Engagement - Companies take a step further to motivate and engage employees. Retention - Companies strive to retain top talent.

Employee Engagement 101

Employee Engagement Talent Experience Video Recruiting Hiring Software 101