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Attrition versus turnover: What’s the difference and why does it matter?

Insperity

What do you think of when you see the terms “employee turnover” and “employee attrition?” For many of us, these phrases call to mind workplace dysfunction, job losses or even confusion, because turnover and attrition are closely related ideas. What is employee attrition? What is employee turnover?

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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What Is a Retention Specialist Exactly?

Insiders

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Words of Advice from 7 HR Thought Leaders

Achievers

as much as $600 billion in lost productivity” and that the cost of millennial turnover may be as much as $30 billion. He points out that “everyone likes to be appreciated for their contributions” and that employee rewards should be offered along the way, whenever you see great work.

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Shocking Employee Turnover Statistics

Reflektive

We all know that employee turnover is a problem, but just how of a big of a problem is it? How much does turnover cost companies? The High Cost of Turnover. Due to this propensity for job-hopping, Millennial turnover costs the U.S. Millennial turnover costs the U.S. Why is employee turnover so costly?

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future.

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4 Key Employee Engagement Strategies On A Budget

6Q

Employee engagement is a hot topic these days. The deeper the attachment is, the more effort your employees will make in the job. This, in turn, translates into improved staff morale, higher productivity levels, better staff retention, and greater company success all round. Communicating company values.

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Is the HR Accountable for Mass Layoffs?

Keka HR Blog

You, the HR. The inductions, the training of hundreds of new employees. This after all those employee engagement activities to keep employees happy. They couldn’t keep employees in the first place. Layoffs often increase “employees’ levels of stress, burnout, and insecurity,” believe Anthony J.