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Avoiding Employee Turnover: Long-Term Benefits of a Happy Workforce

6Q

So, when employees are leaving the organisation in droves, it becomes a major cause for concern. 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.

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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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How to Approach Employees About Career Development – Engagedly

Engagedly

How to Approach Employees About Career Development A LinkedIn report suggests that 94% of employees surveyed feel that providing learning and career development opportunities encourages them to stay longer with the organization.

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The “Great Retention”: It all starts with hiring

HRExecutive

Once the dust settled from an influx of reactionary hiring decisions, many companies found themselves in a troublesome position with a workforce of unqualified employees struggling to perform in their roles, consequently leading to low productivity, disengagement and high turnover.

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How to Choose the Best Employee Recognition Software for Your Business

CoreCentive

In today’s competitive business landscape, recognizing and appreciating the efforts of your employees is more crucial than ever. Employee recognition not only fosters a positive work culture but also boosts morale, productivity, and employee retention. What is an Employee Recognition Program?

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Criteria for Employee Recognition Programs that Make an Impact

Fond

When designing an employee recognition program, many of the decisions made up front dictate the program’s long-term success. This article addresses key criteria for employee recognition and considers how each can move you closer to your program goals. Define Program Goals.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Why has finding and holding onto talented employees become so complicated? Boosted levels of employee engagement.