Remove Career Development Remove Compensation Remove Employee Appreciation Remove Retention and Turnover
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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

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Turnover vs. Attrition: Key Differences Plus How To Calculate Each 

Analytics in HR

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

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Top 12 Proven Employee Retention Strategies

Terryberry

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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Retention During a Recession: 5 Ways to Keep Top Talent

Bonusly

Your current employees are the key players holding your company together through tough economic times, keeping your company surviving and even thriving—but only if you can keep them around. To boost employee retention and plan for a successful year: Why retention during a recession matters. Saying thank you is free!

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How to Create an Employee Value Proposition for Your Company

CoreCentive

A detailed Employee Value Proposition (EVP) will help! An EVP gives potential employees a clear sense of what they will get for working with a company. It represents the unique combination of factors and advantages that make a company a desirable workplace for potential and current employees.

Company 52
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15 Employee Perks and Benefits Your Company Must Offer

Terryberry

They strive to be a part of a team, make an impact, and be well-compensated for their work. But beyond the typical salary and benefits, more companies are stepping up to offer employee perks as a way to attract new talent. Why Offer Employee Perks and Benefits? Employee Appreciation Days. Wellness Programs.

Company 74
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How to Hire the Right People & How to Keep Them

Terryberry

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.