Remove Compensation Remove Employee Benefits Remove Handbook Remove Retention and Turnover
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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? Why is that?

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HR Risk Management: A Practitioner’s Guide

Analytics in HR

Retention – Conceding the inevitability of particular risks because avoiding them poses more cost/risk than the loss. Matters such as turnover, employee burnout, employee relations, workplace conflict and harassment, and lack of employee engagement all have the potential to negatively impact the company and prevent it from thriving.

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5 (Unexpected) Things You Need To Include In Your Employee Handbook

Hppy

And while you might be tempted to skip creating an employee handbook (too much work!), having one could help you reduce turnover and make happier employees. But First: Why an Employee Handbook is So Important. Your handbook sets the tone for what a new employee expects from your company.

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10 HR Challenges and How to Overcome Them

Intoo USA

In fact, the 2018 Global Leadership Forecast, which integrated data from 25,812 leaders and 2,547 HR professionals across 2,488 organizations, found that having a formal mentorship culture lowers turnover by 20%. Designing—and upholding—compensation plans. Creating comprehensive benefits packages. Navigating leadership changes.

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10 HR Challenges and How to Overcome Them

Intoo USA

In fact, the 2018 Global Leadership Forecast, which integrated data from 25,812 leaders and 2,547 HR professionals across 2,488 organizations, found that having a formal mentorship culture lowers turnover by 20%. Designing—and upholding—compensation plans. Creating comprehensive benefits packages. Navigating leadership changes.

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How to Create Efficient Compensation Strategy for Business?

CuteHR

According to 66% of workers, benefits are an essential aspect of overall compensation. The compensation strategy is essential in achieving consistency when it comes to compensation and benefit choices within your firm. However, having a compensation strategy aligned with your business culture is not enough.

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Encouraging Employees to Use PTO is Actually Good for Business

Netchex HR Blog

Unused PTO isn’t even beneficial for companies since employee burnout lowers productivity and increases turnover. Encouraging employees to use PTO can protect their mental health and reduce the misuse of sick days for unapproved vacations. Why should a company pay employees not to work?