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11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it. Voluntary vs. involuntary turnover.

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A Comprehensive Look at Current Trends in Turnover

HRsoft

Gallup estimates Millennial turnover costs the U.S. For employers to stay competitive, it has become essential to confront turnover head-on. While total turnover has risen within recent years, voluntary turnover has increased by more than 48% in less than a decade. economy as much as $30.5 billion annually.

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

Employee retention is a challenge for nearly every organization. Although it may seem impossible to perfect a retention strategy in the face of these odds, you can often make a dramatic improvement with a few simple steps. That level of voluntary turnover speaks to the magnitude of the retention issue many organizations face.

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5 Reasons Offering a Sabbatical Program Pays Off

Zenefits

Works as a Retention Tool: Offering employees a 1 to 2-month sabbatical every 7 years can give employees something additional to work towards. So, how do you attract talent of this age and minimize turnover rates? In the previously noted 2017 Kronos Inc. Here are the highlights. A Sabbatical Program… 1.

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HR TechStack – Performance Tracking

Workstride

Kronos Workforce Ready. Kronos Workforce Ready® provides businesses a full suite of seamlessly integrated applications for recruiting, onboarding, time and attendance, scheduling, absence management, payroll, and more, that are easily accessed through an intuitive user interface. Kronos Workforce Central. VIEW DETAILS ».