With an Economic Downturn Looming, Recruitment, Retention, and Employee Engagement Are More Challenging Than Ever 

Blu Ivy Group

Businesses are well aware of the signs of an impending economic downturn. It’s just not about filling recruitment gaps; retention, employee engagement, productivity, and wellness have also been on a downward trajectory.

Employee Turnover: It’s Time to Focus on Retention

Hireology

Employee turnover is one of the most difficult challenges businesses face when running a people services operation. Imagine having to turn new clients away due to employee turnover and staffing shortages. Well-Being. Retention, what’s the big deal?

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Employee Engagement During COVID

Affinity HR Group

Making an effort to engage employees can help mitigate all of these challenges and result in a stronger, more efficient workplace. . Gallup defines engaged employees as being “highly involved in and enthusiastic about their work and workplace.”

24 Best Employee Engagement Software Platforms

Semos Cloud

24 Best Employee Engagement Software Platforms. See which employee engagement software platforms you can include in your HR Tech stack to encourage employee engagement. What Is Employee Engagement Software? . High employee turnover .

20 Talent Retention Strategies that Reduce Turnover

Quantum Workplace

And organizations can predict to see these talent shortages well into 2022. Employee Engagement Software Employee Turnover & Retention2021 has been difficult for organizations nationwide.

What is employee engagement? A guide to engaging your employees

Achievers

Only 21% of employees consider themselves very engaged , and this lack of motivation can impact your bottom line. Disengaged employees cost U.S. On the flip side, Gallup found that highly engaged teams show 21% greater profitability. What is employee engagement?

12 Employee Retention Strategies You Need Right Now to Delight Employees and Reduce Turnover

Imaginasium

It is reported that almost 70% of organizations indicate staff turnover has a negative impact on their bottom line. Some models show that it can cost anywhere between 6 and 9 months of that employee’s salary, on average. The Holy Grail of retention … The Employee Experience.

5 Reasons Your Employee Turnover Is on the Rise

Achievers

The employee turnover rate across all industries is 10.9 Regardless of your industry numbers, however, losing a key employee is always painful. Do your employees feel engaged? . So how do you ensure this elusive quality of engagement?

5 Employee Retention Ideas to Fight Turnover

Fond

Employees are to a company as food is to a body. Beyond being essential to its very operation, great employees lend your business a significant advantage when it comes to long-term organizational success. Why We Need to Talk About Employee Retention.

Untangling Turnover: What You Can Control, And What You Can't

Bonusly

Just hearing the word “turnover” can strike panic into the heart of even the most experienced HR professional right now. ??. With all the resignations, reshuffling, and high-speed hiring you’re probably experiencing, it can be hard to come up with an effective employee retention strategy.

Creating an Employee Engagement Action Plan that Works

Achievers

Failing to collect feedback takes an enormous toll on employees. So much so that disengaged employees cost U.S. giving employees a voice through employee surveys makes them 4.6 Discover how to boost employee engagement in this free report from Achievers.

5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. Average turnover in healthcare jobs is second only to the hospitality industry. . High Turnover and High Growth.

Employee Engagement Delivers a 60% Reduction in Employee Turnover

EngagementMultiplier

Over the last year, Engagement Multiplier clients experienced 60% less employee turnover than published averages. For the twelve months ended on 30 September, organisations suffered a turnover rate of 57.3%. Firm A loses 57 employees over the year.

What is employee turnover, and how can you address it?

Achievers

The Great Resignation means that employee turnover is one of the biggest issues confronting companies today. What is employee turnover? Employee turnover includes every instance of an employee leaving your company, whether voluntarily or otherwise.

Recognition Boosts Employee Engagement and Productivity | ClearCompany

ClearCompany Recruiting

This post was originally published in October 2019 and updated in July 2022 to reflect new information about how employee recognition impacts employee engagement and productivity. According to a recent Gallup poll , we’re in an employee engagement slump: only 32% of U.S.

9 Employee Engagement Statistics That Matter in 2021

Achievers

Employee engagement is as popular a topic in HR circles as ever, particularly as companies shift to an entirely remote workforce. But what does engagement really mean? You don’t have to look far to find out that employee engagement is critical to your company’s success.

Employee Engagement and Retention – Are They Connected?

Terryberry

Employee engagement and retention are frequently associated with each other. 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.

Health Care Turnover Rates [2021 Update]

DailyPay

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. Market analysts say that health care’s turnover is second worst , only to hospitality.

5 Things Your CEO Needs to Know About Employee Engagement 

Achievers

If you’re a CEO, do you treat employee engagement as solely the domain of the Human Resources (HR) department? And if you’re an HR professional, do you find yourself trying to persuade your CEO that employee engagement should also be a C-suite concern?

3 Employee Retention Best Practices

Achievers

We’ve all faced retention struggles : turnover, absenteeism, low morale and sluggish productivity. But if you already offer competitive compensation, what else can you do to make employees want to stay? Employees join your company to make a living, but stay for the recognition.

Turnover And Retention Rates For Hotels And The Hospitality Industry

DailyPay

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at employee turnover rates for hotels. The Cost of Turnover.

Why Healthcare Employee Retention Matters

HR Shelf

It is no wonder healthcare managers experience continual employee turnover, and it’s a struggle to keep the healthcare team intact. Finding new employees to fill missing positions isn’t as easy as one might think, and you would need more resources to take on a new employee.

Retail Turnover Rates In 2021

DailyPay

The following article is another in our series that examines average employee turnover rates by industry. Turnover in 2020 was much higher than in previous years due to the coronavirus pandemic. 2020 saw an overall turnover rate of 57.3% Variations of Retail Turnover.

Six Myths of Employee Engagement

KeenAlignment

Businesses that want to accentuate and optimize their competitive talent advantage focus on employee engagement strategies that improve overall workforce productivity and return on staffing investments. A major disruption to employee engagement is the adverse impact of the unhappiness epidemic across many companies. When employees are disengaged or disenfranchised with their work situation, performance plateaus or greatly diminishes.

5 Steps to the Employee Engagement Survey Process | ClearCompany

ClearCompany Recruiting

Would you be surprised to hear that only 21% of employees around the world are engaged at work? employees are more engaged overall, at 32% , that number is down from 36% in 2020. How do you determine what is contributing to your company’s engagement levels?

The Value of Employee Engagement

Achievers

Why is employee engagement valuable? Gallup said it best: “Simply put, engaged employees produce better business outcomes than other employees do — across industries, company sizes and nationalities, and in good economic times and bad.” ” Engaged employees can save your company money in a number of ways, from both a retention and productivity perspective. Better retention.

Is employee engagement your No. 1 challenge? 5 other things to keep in mind

Ceridian

In most offices, talent management leaders have zoomed in on employee retention and productivity as crucial goals for both their short- and long-term needs. In an effort to put together a hardworking staff that’s built to last, companies have put a great deal of emphasis on engagement, and rightfully so. Engaged employees tend to stay in their positions longer and achieve more than their disengaged counterparts. Reducing employee turnover.

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. After much finger-pointing, companies often come to the conclusion, “We have so much turnover, we need to hire another recruiter.” What Is a Retention Specialist Exactly?

The Best Questions to Ask on Your Next Employee Engagement Survey

DecisionWise

For many leaders, 2021 and 2022 have been years of massive employee attrition. Voluntary employee turnover has skyrocketed, wages have never been higher, and companies are building the most appealing benefit packages to attract new employees. Employee Engagement Drivers.

Get employee engagement right to improve retention

Business Management Daily

Getting people engaged in what they’re doing—helping them find love for what they do, day in and day out—is the best way to keep great employees around. But while this idea seems simple enough in theory, great employee engagement takes planning and hard work.

Organizations Need to Expect Turnover

HR Bartender

Organizations are focused on retention. Obviously, turnover is expensive – both in terms of cost and knowledge loss. However, it’s unrealistic to think that turnover won’t exist. So, organizations need to think about what amount of turnover is going to be acceptable. Employees are going to stay for a few years and then move on. Employees are going to retire. All turnover isn’t bad turnover. And that’s a good thing.

Trust in Leadership Affects Employee Retention #EWS2014

The People Equation

Over the past 15 years, Spherion has surveyed employees and human resource managers on critical workplace topics to determine the trends that shape the work environment. Spherion created the graphic below to represent the various issues in the “employment life cycle”, which include attraction, recruitment, engagement, retention, advocacy and leadership. My first post explored the connection between employee engagement and company mission.

Employee engagement ideas and activities | PeopleKeep

PeopleKeep

With employee turnover also at an all-time high, organizations need to find ways to keep their current employees. Finding ways to improve employee retention and attract new talent is essential for organizations in a tight labor market.

Employee engagement survey questions

Business Management Daily

Conducting employee engagement surveys can help you check the pulse of your workforce. Employee engagement directly correlates to key workforce concerns such as employee retention and productivity. The importance of conducting Employee Surveys.

The evolution of employee engagement surveys

cipHR

Here’s how employee engagement survey technology is changing. The pandemic has been a ‘pivotal moment’ in employee research, according to Vijay Mistry, former senior consultant at People Insight, an engagement consultancy.

5 Articles That Reveal The Real Value Of Employee Engagement

15Five

If there’s one thing that’s certain in the world of Human Resources, it’s that employee engagement matters. If there’s a second thing that’s certain, it’s that HR knowing this has done almost nothing to improve employee engagement. At Human Resources Today, we see a lot of HR experts ponder the apparent paradox: over a billion dollars is being spent annually in the USA alone on employee engagement programs, and only 32% of employees consider themselves engaged at work.

Dysfunctional Turnover & 9 Ways to Fight It

AIHR

Dysfunctional turnover does not only cost organizations a lot of money, but it also disrupts work and affects productivity. So let’s look at what dysfunctional turnover is and how you can reduce it in your organization. Contents What is employee turnover?

7 Employee Engagement Strategies for 2022 | ClearCompany

ClearCompany Recruiting

Employee engagement is higher than ever — but even so, only 20% of workers globally are engaged, according to Gallup’s State of the Global Workforce: 2021 Report. Recently, we looked at the benefits of using software to create or improve employee engagement strategies.

Employee Turnover Rate: How to Calculate it (& Tips for Improvement)

Semos Cloud

Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. What Is Employee Turnover .

The Link Between Employee Engagement and Employee Retention

Synergita

Employee engagement in the workplace and employee retention are two terms that are often used interchangeably. In reality, there is a difference between employee engagement and employee retention. Employee Engagement and Retention Strategies.