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. Showing gratitude is extremely important for reducing the turnover of employees.

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Rallyware for Human Resources

NOVEMBER 3, 2023

The program typically involves identifying specific behaviors or accomplishments that are desirable for the organization and rewarding employees who exhibit those behaviors or achieve those goals, often publicly. It is encouraged that companies provide some sort of material incentives in such programs.

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Terryberry

FEBRUARY 8, 2023

Employee retention is a hot topic in the world of human resources. It's no secret that employee turnover can be costly for businesses - both in terms of money and lost productivity. Each lost employee equates to a cost of 1.5 Without engagement, retention becomes even more of a challenge.

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Terryberry

OCTOBER 10, 2023

Let's talk about what research says in regard to employee rewards and what the most effective employee recognition programs look like. Setting the Stage for Employee Rewards Programs Employee reward systems continue to gain in popularity, and it's not just because they make people feel good.

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Terryberry

JANUARY 17, 2023

An organization's success depends on understanding the drivers of employee engagement and retention. Engaged employees are productive, motivated, and committed to their work. Here, we'll explore eight key drivers of employee engagement. Why Is Employee Retention Critical? What Is Employee Engagement?

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Empuls

OCTOBER 9, 2023

Healthcare employee turnover:  stats & facts Healthcare employee turnover refers to the rate at which healthcare workers leave their jobs within a given time frame, either voluntarily or involuntarily, and are replaced. Here are some facts sheding light on the problem of turnover in healthcare industry.

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Ongig

OCTOBER 19, 2023

Career advancement is one of the most popular motivations for employees , and career pathing is an excellent way of retaining employees. Performance bonuses Employers reward employees when they meet performance goals or exceed performance expectations. It can boost the company’s recruitment and retention.

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Fond

DECEMBER 6, 2022

However, despite their popularity, companies are struggling to retain warehouse employees—for instance, Amazon’s warehouse turnover rate is reportedly 150%. Adia, a staffing platform that specializes in warehouse recruitment, suggests that the reasons for exceptionally high turnover in the warehouse sector include: .

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Terryberry

OCTOBER 25, 2022

Recognition looks different for everyone, but a series of studies by Harvard Business Review show that symbolic awards (public credit, cards, certificates, and plaques) might be more effective than traditional monetary incentives (cash, bonuses, and gift cards). Organizations that give regular recognition experience 23.4%

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Terryberry

OCTOBER 27, 2023

Attracting and retaining talented employees is an age-old challenge for managers and leaders. This is because employee turnover can be a costly problem for businesses. In fact, it's estimated that each employee lost equates to a cost of 1.5 to 2 times that employee's annual salary. Create an action plan.

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Terryberry

DECEMBER 8, 2023

What is a retention bonus, and is it something you need to worry about in 2024? Replacing an employee can cost one-half to two times the employee's annual salary (and that's on the conservative side). That's where a retention bonus can come in handy. That's where a retention bonus can come in handy.

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Terryberry

MAY 26, 2023

While it wasn’t always so emphasized, now we have stacks of research that support just how important having engaged employees really is to an organization. From decreased employee turnover and lower absenteeism in the workplace, to increased morale and higher productivity , engaged employees are the key to a successful, resilient company.

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Terryberry

OCTOBER 11, 2022

Effective reward and recognition strategies can: Improve employee performance. Increase employee retention by improving morale. Reduce turnover due to disengagement from the workplace. . How to Create a Meaningful Reward and Recognition Strategy. RELATED: 10 Employee Recognition Ideas.

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Vantage Circle

AUGUST 21, 2022

Though every sales team member works towards maximizing customer conversion and retention, they do not share the same responsibilities. In contrast, sales consultants or specialists engage potential customers by offering product demos. A positive sales-driven culture can boost sales reps' job satisfaction and lower turnover.

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Terryberry

AUGUST 3, 2023

In order to achieve this kind of culture, employee recognition is an essential element. More and more research is finding that recognition is a powerful tool that can boost employee engagement and morale, as well as boost productivity and reduce turnover. What is an Employee Recognition Program?

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Terryberry

JANUARY 12, 2023

Employee disengagement is a term used to describe the lack of enthusiasm and motivation an employee has for their job. Actively disengaged employees don't feel connected or satisfied with the work they're doing. This can lead to poor performance, high turnover rates, and low morale in the workplace. Terryberry can help!

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Terryberry

JULY 25, 2023

We know that overworking can lead to stress, burnout, and consequently, employee turnover. Improved Employee Retention and Engagement It’s likely no surprise that strong company culture is linked to lower employee turnover and higher engagement. How Can Toxic Cultures Impact Health?

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Terryberry

JULY 18, 2023

Employee recognition has gained popularity over the past few years for many reasons. It's linked to improved employee engagement, increased employee retention, and has even been sited as the single most important driver for employees to do great work. Getting it right as a whole team is another.

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Bonusly

DECEMBER 9, 2021

We’ll take a look back on some key themes from 2021, like turnover and hybrid work, and provide resources that will help you navigate the waters better in 2022. High turnover rates. Turnover rates in 2021 remained at an all-time high. They were also highest among employees between the ages of 30 to 45. Cheers to that!

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Terryberry

MAY 10, 2023

Every leader wants a high-performing team with low turnover and high morale. First, you need to understand how your employees are performing. According to Arijana Koskarova , CEO and founder of Creative Hub, “ Evaluating the performance of your employees is the first and most important system to develop in your organization. ”

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Terryberry

MARCH 30, 2023

Employee disengagement leads to higher turnover rates , increased costs, decreased productivity, and lower morale for the remaining employees. Next, be upfront about any extra work you’re asking your existing employees to take on and how long they'll be expected to do so. So, what can leaders do about this?

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Terryberry

MARCH 10, 2023

Your employee rewards program is more than an item on your to-do list—it's a vital part of workplace culture, engagement, and retention. Your staff wants to feel recognized and appreciated for the hard work they put in day in and day out, and an effective employee rewards system can make it happen. But where should you start?

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Vantage Circle

MAY 27, 2021

It serves as a source of external inspiration to keep your employees motivated and efficient. According to a survey cited by Springworks , 46% of HR leaders consider employee retention to be their biggest concern. It has not just impacted productivity but also the mental health of employees. Less Absenteeism and Turnover.

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Terryberry

JANUARY 16, 2024

Ford then rebutted, “Kentucky Truck Plant’s hourly employees earn an average income – including base wages, bonuses, and profit sharing – of $78,000 per year. Paying employees well, while providing opportunities for regular raises can be enough to prevent growing discontent. Under Ford’s latest offer, it would raise to $95,000.”

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