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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Compensation and Benefits Appropriate compensation for the work done is a key component of many employee retention strategies. Leading companies like Microsoft and Google are known for providing exceptional compensation to their employees, but not every business can afford top dollar to fill every role.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

How to manage all aspects of employee compensation, reward, and recognition. In doing so, the organization gets acknowledged as a premier employer in the marketplace, with a higher propensity to attract and retain quality talent. This is why we need other forms of compensation. Compensation.

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Major Studies Detail Correlation Between Employee Engagement and Retention

Hoops

The most serious challenge facing Human Resources is not benefits, compensation, or performance management. Engagement and retention are both the end results of consistent and positive employee experiences. The result, as the following studies suggest, can be dramatic improvements in both metrics. Leadership Opportunities.

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Improving Employee Engagement During Onboarding

ClearCompany HRM

The global talent shortage is the most acute it has been in decades. The situation is so critical that nearly two-thirds of companies, according to one study , have had to adapt their business strategy to available talent. The results of this experiment came in seven months later. Individualizing Onboarding Engagement.

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Recognition & Inclusion

Unipos

As the worksphere experiences a cultural shift and diversity trends gain momentum, it’s important to remember that ever-changing corporate environments require nurturing. Companies that have implemented peer-to-peer recognition have seen marked positive increases to key business metrics across the board, with 11.5%