Remove Compliance Training Remove Employee Recognition Remove Retention and Turnover Remove Time and Attendance
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The True Costs of Employee Turnover

15Five

We know turnover is expensive, but its costs aren’t just financial — they manifest as lost productivity, lowered innovation, weakened team bonds, and reduced agility. As of 2019, US companies were losing a staggering trillion dollars a year to turnover. Direct and indirect costs of turnover. Direct turnover costs.

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Employee development: Why it matters and how to get started

Achievers

Every company wants a workforce where every employee has the skills and knowledge needed to thrive and achieve business goals. That’s why employee development is important in giving employees opportunities to develop existing skills and learn new ones. What is employee development?

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Innovative Ways to Improve Employee Retention

HR Digest

Employee retention strategies are vital to the success of any organization. High employee turnover can be highly disruptive to any business. In this article, we’ll explore some innovative and effective employee retention techniques. Employees value the ability to work from home or have flexible work hours.

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Employee Satisfaction and Retention: 7 Strategies for Boosting Retention

Terryberry

After the Pandemic and subsequent Great Resignation, we may have finally turned the curve on employee retention. Consequently, retention rates are also up - a poll from B2B Reviews found 70% of employees aren’t currently looking for a new job. What is Employee Satisfaction and retention?

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Beyond the Paycheck: Strategies for Effective Employee Recognition and Rewards

HR Digest

Employee recognition and rewards are crucial components of a successful and engaged workforce. When employees feel appreciated and valued for their contributions, they are more likely to be motivated, productive, and committed to their work. What are employee rewards and recognition?

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What’s Keeping HR Up at Night in 2020?

HRExecutive

Slightly more than half of the respondents worry about retaining key talent, with the next most common concern being developing leaders and succession planning, followed by improving the employee experience, and driving innovation and helping teams work together. Employee turnover harms nearly every part of an organization: Sales.

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20 Effective HR OKR Examples: Bringing Out the Best in People

Synergita

A recent McKinsey research shows employee disengagement and attrition in median-size S&P 500 companies could result in losses of up to $355 million annually in terms of productivity. Continuous Feedback: Regular check-ins and performance reviews provide opportunities for managers to offer feedback, recognition, and support to employees.