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The Millennial Turnover Problem in the Financial Services Industry

Hppy

The phrase “churn and burn” is commonly used to describe an industry’s high turnover rate. Based on recent data, it’s appropriate to use that phrase when describing the financial services industry. percent turnover rate , which is one of the highest among all industries. Low Engagement.

Industry 135
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3 Keys to Employee Productivity & Retention You Haven’t Thought About

EngagementMultiplier

Some recent employee survey data suggests that after months of struggling, something is about to give. According to Reward Gateway, a firm specialising in employee recognition and rewards, the majority of employees surveyed in the US, UK, and Australia are planning to change jobs. Download our latest white paper.

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Keeping Millennial Workers: How to Improve Employee Retention

Hppy

The constant turnover of millennial workers is both tiring and expensive for company hiring managers. At FreshBooks an invoicing and accounting software provider , employee and Manger of Support, Grace Antonio 32, found that offering an increase in pay does not impress, or rather equate to, higher millennial retention rates.

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Employee Engagement in Healthcare: 5 Facts You Need to Know

Bonfyre

Amidst this turbulence, employee engagement in healthcare has emerged as a key strategic tool for righting the ship. A focus on employees’ commitment and emotional investment in their work is, as Healthcare Finance News describes, a “must-have” core competency for leaders. hospital employees are highly engaged.

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How SMBs can use tech to make HR strategic

HRExecutive

When it comes to the importance of strategic HR, there’s no shortage of best practices; a quick Google search yields pages of blogs, webinars, white papers and articles on the topic. Do you have data that supports business strategy? Advertisement - This puts small- to mid-sized businesses at a disadvantage. .

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The Impact Of Machine Learning In HR

Hppy

From cloud computing to mobility, big data, VR and augmented reality, blockchain technology, Internet of Things” (IoT) and a range of emerging and developing technologies are now finding their way into the more enlightened HR departments of many companies. Analytics and reporting on relevant HR data. Reducing staff-turnover.

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Watson Agrees With Me!

China Gorman

“More positive employee experiences are linked to better performance, extra effort at work, and lower turnover intentions.”. And I’ve had a range of data sources to back me up. My friends at Globoforce and the IBM Smarter Workforce Institute have published a new white paper: The Employee Experience Index.