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11 Easy Ways to Reduce Employee Turnover

Bonusly

Voluntary turnover can be due to relocation, retirement, family illness, a more enticing job offer, an interpersonal conflict, or a micromanager who's constantly blocking an employee's progress. Remember that gathering qualitative data through engagement surveys and other means is also important. However, some turnover can be healthy.

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Calculating Employee Turnover Rate & Strategies to Reduce it

Empuls

This was followed by the data analyst post, and the embedded software engineer post, with 21.7% As competition in the sector increases for scarce resources, companies offer more competitive salaries and benefits to compete, which prompts some employees to jump ship when they find better opportunities. employee turnover rate.

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HR Advice for Small and Medium Businesses

HR Partner

It’s time to throw away the resume, ditch your interview process, and start looking at the data and science. Instead, try hiring competent and dependable people as first and use their achievements as templated for future hires. I have two pieces of advice for small to medium businesses: 1) Don’t rush recruitment. Paychex Inc.

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

According to data from the US Bureau of Labor Statistics , three million employees have left their job voluntarily every month since June 2017. Despite that focus, progress for many organizations have been stymied by competing priorities and a lack of resources. About 3 million Americans quit their job each month.

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5 Reasons Offering a Sabbatical Program Pays Off

Zenefits

In a study conducted by the Allianz Longevity Project , nearly 70% of millennials (69%) said they would prefer to “explore, experiment, and travel” prior to retirement, which is higher than other generations. Free lunches and gym memberships are great, but nothing can compete with time for personal growth or time spent with family.