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Employee Retention: 12 Strategies to Retain Your Top Talent

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A high employee retention rate is often a sign of a healthy business. It saves money, improves efficiency, boosts employee morale and gives you a competitive edge. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention?

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The Role of Employee Benefits in Talent Retention: A Comprehensive Guide for HR Professionals

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In the persistent battle for talent, appreciating the influence of employee benefits on retention rates can give HR professionals the upper hand. Image by Drazen Zigic on Freepik Understanding the Concept of Talent Retention Talent retention refers to a company’s ability to keep its most valuable employees.

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How to Retain Call Center Employees & Reduce Turnover

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However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. The incessant revolving door of call center employees has long been a point of concern, and addressing it has become more critical than ever. It comes down to the nature of the job: 1.

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Report: HR Trends 2024 – Navigating the Future of Work

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Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles. On the other hand, many employees are choosing to work past the traditional retirement age or return to work after retiring.

HR Trends 101
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National Employee Benefits Day 2024: Which Benefits Foster Belonging?

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Quick look: Each April, National Employee Benefits Day raises awareness of the importance of offering a strong employee benefits package. However, to make the most impact, SMB employers should carefully monitor benefits trends and their workforce’s needs year-round. Employee benefits are a big deal.

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Why Forecasting Is Important to Build Better Employee Benefits

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Therefore, in order to protect their investments, it’s wise for companies to engage in strategic retention efforts. After all, what attracts a job candidate may not be what keeps them as employees for the long term. Today’s employees expect healthcare coverage and retirement plans to be part of the standard.

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Employee Cost: How to Calculate the Cost of an Employee?

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Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. While these costs are not directly attributable to individual employees, they contribute to the overall cost of doing business and supporting the workforce.