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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What Is a Retention Specialist Exactly?

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

Since they began studying the topic in the 1900s, analysts have identified countless reasons for employee turnover. A July 2019 Zenefits poll of more than 600 businesses re-assessed employee turnover patterns, giving business leaders a modern lens of workforce needs, specifically within the small and midsize business communities.

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How HR can give your company’s employee retention strategy a boost

Insperity

Here are eight ways that your organization’s HR personnel can have a direct, positive impact on your employee retention strategy and serve as a valuable partner alongside management. Compensation and benefits When employees leave a company, it’s often in search of better pay and benefits.

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15Five Wins Best Midsize Business-Focused HR Tech Solution From Lighthouse Research & Advisory

15Five

The problems we solve Modern organizations are plagued by ineffective management, regrettable turnover, and disengaged employees not hitting performance goals. This produced business results like reduced turnover and increased engagement to align teams and saves HR time. Product 2 is Engage , 15Five’s engagement survey product.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

Can you separate these toxic individuals from the new hires, or is it time to separate those individuals from the organization completely, if they are causing more employee turnover? And they don’t settle for being undervalued, or letting those less valuable receive more compensation. Retention is Everyone’s Job.

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future. So, let’s take a closer look.

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7 Ways for Reducing Employee Turnover at Your Business

6Q

While sales managers know that it costs more to gain new customers than to keep loyal ones, some business leaders struggle to fully see the impact that employee turnover has on their organisations. Here are seven top ways to cut these costs by reducing turnover at your business. . Offer competitive compensation and benefits.