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Employee Retention Trends of 2024: How to Prepare for the Future

Empuls

On top of that, a company with high turnover rates may suffer from a bad reputation, affecting its overall morale. This article will highlight the importance of and discuss some employee retention trends to watch out for in 2024. What is employee retention and why does it matter? What are the employee retention trends in 2024?

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Employee Engagement and Retention – Are They Connected?

Terryberry

Employee engagement and retention are frequently associated with each other. They are equally important, and more importantly, connected. . During the Great Resignation , organizations began to take an in-depth look at their engagement, retention, and recruitment strategies. There are many employee retention challenges.

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Employee Recognition Event: Tips and Recognition Calendar

Vantage Circle

However, ensure that the event's purpose aligns well and complements your long-term employee engagement and retention initiatives. Employee recognition events go beyond mere celebrations; they are pivotal drivers of engagement, morale, and success. Thus, creating impactful recognition events requires thorough planning and exploration.

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HR Metrics for 2023: The Definitive Guide

Primalogik

Examples of HR metrics include cost-per-hire, turnover rates/costs, training and human capital return on investment (ROI), labour/productivity rates and costs, benefits costs per employee, etc.” Recruitment and Retention Cost per hire. New hire turnover rate. In turn, this informs talent management decisions.

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How HR and People Strategy Leaders are Responding to Pay Equity

Engagedly

The turbulence of 2020 has highlighted employee well-being and mental health (68%) , along with diversity, equity, and inclusion (67%), as priority issues for HR. When it comes to HR’s role in pay equity, delivering fair pay and abiding by pay equality laws are essential objectives. Pay Equity – What Is It?

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Diversity, Equity, and Inclusion: What is DEI?

Embroker

Tech companies, especially startups, are famous for being disruptors in their respective industries, which is why many of them accepted diversity, equity, and inclusion initiatives early on as a part of their business strategies. DEI is not a new concept in the tech industry and business environment in general. How do you handle risk?

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High Employee Turnover: 6 Crucial Reasons Behind It

Vantage Circle

That's why reducing employee turnover is fast becoming the primary concern among companies worldwide. So, what exactly is employee turnover? Employee turnover can be defined as the total number of employees who leave an organization during a given period of time (usually a year). We all know that employee turnover is a problem.