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.

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. Even the best leaders have a hard time keeping top talent.

What You Need to Know About the Cost of Employee Turnover

Bonusly

Do you know how many employees you lose each year to turnover? Although most companies keep track of employee turnover, many fall short when they try to understand its causes and costs in a meaningful way. Do you know how much employee turnover costs you each year?

Create a Killer Employee Retention Plan in 5 Simple Steps

ForUsAll

Putting together an employee retention plan is an exciting opportunity. Being successful with employee retention can have a huge impact on your company’s bottom line. It’s easy to imagine the impressive savings from just a small improvement in retention. Employee Retention

The #1 Reason People Leave A Job Might Surprise You

SuccessFactors

A study by employee engagement firm TinyPulse identified various behaviors impact retention, such as micromanagement and a lack of opportunities for development. Gallup found “at least 75 percent of the reasons for voluntary turnover can be influenced by managers.”. According to HR consultant Bill Rehm, managers often fail to think about retention until the moment someone hands in a resignation notice. Do you know the number-one reason employees leave a job?

What is Talent Management? 5 Tips to Do it Right

Digital HR Tech

Talent management touches on all key HR areas, from hiring to onboarding and from performance management to retention. A good example is unwanted turnover. This can be achieved through better branding, better retention, better selection, et cetera. Another example is HR data analytics expertise to make sure you get the most out of your existing population. Retention: Retention strategies help to retain the best people.

How to Sell Employee Recognition to a Skeptical Executive

Bonusly

Below are some of the most common misconceptions among senior leadership regarding recognition, and the hard data you'll need to dispel those myths. Use recognition platform data to analyze who is giving and receiving recognition across time, location, team, and demographics.

Re-Humanizing Performance Management

Avature

And if you factor in recruitment fees, lost productivity and training, a high turnover rate can have serious financial consequences. Not having regular and holistic conversations with employees about their goals throughout the year can foster frustration and lead to higher turnover and lower productivity. In fact, employees that don’t feel recognized when they do great work are almost two times as likely to be job hunting, according to a TINYpulse employee retention report.

The #1 Reason People Leave a Job Might Surprise You

TalentCulture

A study by employee engagement firm TinyPulse identified various behaviors impact retention, such as micromanagement and a lack of opportunities for development. Gallup found “at least 75 percent of the reasons for voluntary turnover can be influenced by managers.”.

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? Prevents Burnout: Going on a sabbatical can also go a long way to prevent employee burnout, an epidemic that experts claim is responsible for almost 50% of our annual workforce turnover.

#Employee Feedback Is The Killer App #HR

TalentHQ

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Gallup tells us that only about 1/3 of employees are actively engaged, Glassdoor data shows an average engagement of a C+ (3.1

Glint 84

HR TechStack – Employee Engagement Software

WhoKnows

Organize and maintain data collected from pulse surveys for reporting purposes. Note: The list is not in any particular order, and the list is constantly updated, bookmark this page for your future reference & fresh data. TINYpulse Engage.