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How to Be a Transparent Leader (With Examples)

UKG

All these things—trust, positive working relationships, employee engagement, and good communications—are things that lead to improved employee retention. According to research from MIT , trust in the workplace leads to a 260% increase in motivation, 41% lower absenteeism, and 50% less turnover.

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How Good Leadership Can Reverse Turnover

Hppy

Because there is rarely a client harder to please than a manager who just lost a treasured employee and not only are they looking to you to fill the position immediately, but they’re also wildly hurt and upset that “turnover is such a problem.”. The post How Good Leadership Can Reverse Turnover appeared first on Hppy.

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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

Retention strategies demand scrutiny. Consider what you’re doing to improve retention. KJ Johnson, CHRO at Amplitude Rethinking Workspaces The days of the traditional, static office are fading. Leaders must shift focus from how to work to why employees should stay. Benefits packages need a critical overhaul.

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Banner Health’s Direct Hire Program: How It Improves Quality of Hire and Reduces Turnover

i4cp

Ask any CHRO or other talent leader about the value of cutting-edge acquisition strategies and you’ll quickly learn just how differentiating innovative hiring practices can be. Banner tackles talent challenges from two directions Banner Health is one of the largest nonprofit health systems in the U.S.,

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How making ‘work fun’ helped this credit union cut turnover in half

HRExecutive

In 2019, Texans Credit Union—which delivers a suite of financial products and services to 120,000 members, supported by 250 employees across 11 branches—had a turnover problem. Turnover stood at 46% organization-wide and 63% among customer-facing roles in branches. They’ve been really impactful to our family.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue. The CEO and CHRO should be in agreement on HR’s part in the business strategy and where the focus should be. For example, digitization, innovation, operational excellence, etc.

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Chipotle’s secret sauce for retention? Data, development and DE&I

HRExecutive

In an industry rife with turnover, restaurant chain Chipotle is tackling retention with a multi-pronged strategy that leverages data-driven insights and increased investment in learning and development—both of which are tied to DE&I, says Tawanda Starms, vice president of restaurant support center people experience and chief DE&I officer.

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