Bonuses and Incentives Industry Retention and Turnover Team Building 
Empuls
SEPTEMBER 29, 2023
However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. High attrition rates have long plagued the call center industry. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%.
Hppy
FEBRUARY 26, 2024
Many businesses , industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. Team-building exercises and excursions can be helpful but beware of infringing on people’s free time.
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6Q
JUNE 4, 2023
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?
Hppy
JULY 5, 2023
Some would argue that HR and finance are two departments that play the biggest role in employee retention (other than individual teams and team leaders). Collaborative salary management The critical thing to remember is that, for your salaries to make sense, they must be aligned with the industry average. Here’s how.
6Q
APRIL 23, 2023
In this article, we explain how to get better employee retention. On average, companies spend almost $30,00 per employee, and if it doesn’t work out, the costs increase even more: employee turnover costs companies $15,000,000,000 a year. More than 2,700 employees from 15 industries took part in the 2022 surveys.
Empuls
OCTOBER 9, 2023
Employee turnover has been a persistent challenge in the banking sector, with both private and public sector banks grappling with this issue. High turnover can result in significant costs and disruptions, making it essential for banks to implement effective employee retention strategies.
Empuls
OCTOBER 9, 2023
Employee engagement is a critical factor in the success of any industry, and the financial services sector is no exception. In this blog, we'll explore the importance of employee engagement in the financial services industry and provide actionable strategies to enhance it.
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