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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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Shocking Employee Turnover Statistics

Reflektive

We all know that employee turnover is a problem, but just how of a big of a problem is it? How much does turnover cost companies? Prepare to be shocked: SEE ALSO: How to Effectively Change Performance Management. The High Cost of Turnover. Due to this propensity for job-hopping, Millennial turnover costs the U.S.

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3 Ways People Analytics Ends Employee Retention Guesswork

Visier

Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. While most organizations will focus on improving their ability to hire, the savvy ones know that retaining talent is just as critical. For many organizations, voluntary turnover costs millions of dollars.

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People Analytics: The Key to Understanding Talent Retention

Hire Road

Talent retention is a critical aspect of HR. But they often struggle with: Identifying the root causes of high turnover Implementing effective strategies to boost talent retention But fear not! In this article, we’ll discuss how people analytics can transform your talent retention efforts.

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People Analytics and HR-Tech Reading List

Littal Shemer

There are too many professional books one can read in a lifespan. This list of People Analytics and HR-Tech books is not exceptional. I won’t be able to complete reading all of it, though I do have these books on my Kindle, ready for browsing. Total kindle books mentioned: 64 ). These books can change your career!

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Talent Management Trends that Enhance the Future of Work

Engagedly

Talent Management Trends that Enhance the Future of Work What is Talent Management ? According to Gartner, talent management is the process of attracting, selecting, and retaining talent throughout the employee lifecycle.

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Is the HR Accountable for Mass Layoffs?

Keka HR Blog

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J.