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Preventing Brain Drain: 4 Strategies to Retain Top Performers After a Reduction in Force

15Five

During a RIF, the logistics and execution of layoffs—and all the tough conversations that go along with that—tend to (understandably) dominate the focus for HR teams. Without some proactive and strategic effort, a RIF can cause some serious unintended consequences, like talent drain (aka regrettable turnover). But what happens after?

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15 Best Employee Retention Strategies in 2024

HR Stacks Blog

In this article, this is precisely what we are discussing as we dig deeper into the best strategies for employee retention that a company can adopt. After all, it is safe to infer that there is a direct link between employee retention and the success of an organization. Employee Engagement Plans 14. Dynamic Work Arrangements 02.

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The HR metrics that matter most in 2023

Business Management Daily

Most companies have long taken a data-driven approach to sales, marketing, and customer satisfaction — but more and more companies now realize the benefits of tracking HR analytics (also called people analytics). With that in mind, how do you know which KPIs and HR metrics to track at your organization? Why are HR metrics important?

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Measuring the ROI of Employee Performance Improvement Plans (PIPs)

Primalogik

When an employee’s performance falls consistently below average, a manager may need to create a performance improvement plan (PIP) to help correct course. HR should assess the need for an employee performance improvement plan on a case-by-case basis, considering whether it could help resolve the issues at hand.

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HR Business Partner Job Description: What You Should Know

Analytics in HR

The HR business partner job description varies across companies. Contents A sample HR Business Partner job description – Job overview – Responsibilities of an HR Business Partner HRBP skills and qualifications HR Business Partner salary A day in the life of an HR Business Partner. Strategic planning.

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Talent Management: 10 Tips for a Successful Strategy

Analytics in HR

Effective talent management helps organizations win the war for talent and should be a top priority for HR professionals. Talent management encompasses all HR processes to attract, develop, motivate, and retain high-performing employees. It goes beyond individual HR functions. How can we give candidates the best experience?

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Types of Employee Benefits: 12 Benefits HR Should Know

Analytics in HR

HR practitioners need to be aware of the various benefit possibilities and determine which ones their organization should consider adopting. 4 major categories of employee benefits Types of employee benefits every HR practitioner should know Employee benefits best practices FAQ What are employee benefits? These were usually mandated.