Remove Comparison Remove Employee Engagement Remove Retention and Turnover Remove Team Building

7 Great Employee Retention Strategies

Bonusly

Great news for employees, but rough water for employers trying to hang onto a steady workforce. 31% of employees quit before making it to the half-year mark! This kind of turnover is extremely expensive. By some estimates, it can cost an employer double an employee’s salary to replace them when they quit. 25% of all employees are of this nature , what you might consider “high risk” when it comes to retention. How do you win the employee retention battle?

How to Modernize Employee Development for Today’s Workplace

KeenAlignment

In a modern workplace, employee development is incredibly important. Finding talented employees is difficult for even the best companies. Instead of trying to find elusive qualities in your prospective employees, you can train the workers you already have to possess those qualities. . A robust development strategy helps you with employee retention. It can also help you recruit employees who are looking for growth potential and development opportunities.

Create a Killer Employee Retention Plan in 5 Simple Steps

ForUsAll

Putting together an employee retention plan is an exciting opportunity. Being successful with employee retention can have a huge impact on your company’s bottom line. It’s easy to imagine the impressive savings from just a small improvement in retention.

HR Supercharged: How Modern Tech is Changing Work

ClearCompany HRM

Choose Great Employees Over Top Candidates. HR departments, for instance, use applicant tracking systems to manage job ads, sort resumes, shortlist applicants, coordinate with their team/candidates and so on. The ATS also provides opportunities to build on the traditional process. With the right system, recruiting teams can create talent pipelines to fill roles quicker by not starting the vetting process over and over again each time a job opens.