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Recognition Boosts Employee Engagement and Productivity | ClearCompany

ClearCompany HRM

A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. High employee turnover rates lead to increased hiring costs, which can be as much as two times the employee’s salary. 18% lower turnover for high-turnover companies. 43% lower turnover for low-turnover companies.

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7 Employee Engagement Strategies for 2022 | ClearCompany

ClearCompany HRM

Check out @ClearCompany's latest post for more: 1. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. Regular feedback can lead to nearly 15% lower turnover, and as we know, a great majority of employees want more feedback. They can also reduce turnover by 31%.

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Create the Performance Management of Your Dreams with the Best of ClearCompany

ClearCompany HRM

ClearCompany has processed millions of applicants, created thousands of hiring programs and taken hundreds of talent acquisition teams to the next level with their industry leading ATS, Sourcing Module, Onboarding Platform and Video Interviewing capabilities. Welcome to the Best of ClearCompany: Performance Management Edition.

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What is the Performance Management Cycle?

ClearCompany HRM

Turnover rates are as much as 43% lower. Originally called “ management by objectives, ” this concept was made popular in Peter Drucker’s 1954 book The Practice of Management. Find out more in the recent blog from @ClearCompany: Reviewing. Are up to 23% more profitable. Customer loyalty is 10% higher.

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Employee Onboarding: All You Need To Know

Analytics in HR

A well-designed onboarding program positively impacts performance, job satisfaction, and employee retention. The importance of employee onboarding According to research by Brandon Hall Group , great employee onboarding can improve retention by 82%. High turnover rates lead to increased staff costs, disruption, and low team morale.