article thumbnail

How has the talent management landscape shifted since Covid-19?

LACE Partners

Retention: A lot of people will sit tight. One thing that HR teams will be struggling with is the fact that you want some turnover in the business, you want to bring freshness in, you want to bring new capability, new skills and new energy. The last recession saw unemployment at 8.5% but this could reach 12-13%. What does that mean?

article thumbnail

How to Successfully Engage Employees in 2017

TalentCulture

For example, Four Winds Interactive was losing over $4M a year due to high employee turnover. As a result, their turnover rate decreased by half, after a year—which also saved them more than $2M. How can managers encourage the retention and development of an engaged workforce ?

How To 40
article thumbnail

Employee Relations: Examples + 10 Strategy Tips

Analytics in HR

Of course, these examples don’t even begin to cover the wide variety of ER issues companies have to handle. Lower employee turnover – Employees who have a good relationship with their employer will tend to focus more on the positive aspects of their job, making them less restless and prone to searching out other opportunities.