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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? What is the average employee retention rate? SHRM predicts the annual turnover rate to be close to 19%, and also assumes that the average cost-per-hire to fill a position at $4,129.

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L&D: The Key to Success for Today’s SMBs

Extensis

Quick look: A whopping 96% of employees want the opportunity to enhance their skills, yet two-thirds of employers report confusion about how to create a proper learning and development program. Career development. Leadership development programs. 18% lower turnover rates in high-turnover organizations.

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Heart to Heart: 7 Strategies to Improve Remote Employee Relations

SwipeClock

Good employee relations result in lower turnover and higher productivity. Let’s look at some numbers about labor relations and job satisfaction: Employee Relations Strategies: 5 Takeaways. SHRM estimates that employee turnover costs as much as 200% of an employee’s salary. Offer Career Development.

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Employee Benefits: The Only Guide You Need

Achievers

These are benefits an employer voluntarily offers employees, and benefits programs are a top employee recruitment, retention, and engagement strategy. . Employees who are regularly recognized feel more connected to the organization, reducing turnover rates and increasing productivity. Career development opportunities .

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How Upskilling Can Impact Your Company and Employees During the Great Resignation

Zenefits

Having an effective upskilling strategy is something all companies need in today’s business environment. Every HR professional knows that the employee experience is critical to productivity, retention , and company objectives. million workers have quit their job every month, more than double the rate of turnover in 2009.

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2021 HR Areas of Improvement: Make These 21 Bold Moves

SwipeClock

Learn more here: #1 HR Strategy for a Strong Rebound: Unify HR and Payroll. For more information about how Mobile Location Management can make it easier to track offsite employees, download our ebook How to Use Mobile Location Management for a Distributed Workforce. Let’s turn our attention to talent management strategies.

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Best job ad examples from the Workable job board

Workable

On their careers page, it’s clear from the job title which positions are remote and which are not: Let’s take a closer look at a remote job for a Content Strategy and SEO Lead: Reading the job ad, candidates get a very good idea of what the role entails and where their team is based, so they can decide if this works for them.