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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important. How to Improve Employee Retention? million U.S. million each month.

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Read ‘Em and Share: 25 Fascinating HR Statistics

Rise

47% of HR leaders cite employee retention and turnover as their top workforce management challenge, followed by recruitment and corporate culture management. 76% of HR leaders say employee onboarding practices are underutilized at their organization. SilkRoad ). SilkRoad ). Ultimate Software ). Glassdoor ).

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HR TechStack – Performance Tracking

Workstride

Performance Tracking Tools. Performance management systems are used to manage employee progress, performance, and development in relation to organizational goals. Companies use performance management software to facilitate meaningful and ongoing discussions between managers and direct reports. DOWNLOAD FULL-SIZE GRAPHIC.