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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Additionally, the Edward Lowe Foundation reports that offering stock options as a bonus qualifies it as a profit-sharing plan, which is a system where companies share a specific portion of the net profit of the company, with its employees. Team building activities are also useful employee retention strategies to emphasize engagement.

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How Technology Is Changing Human Resources

Pingboard

The same study also found that 27 percent of leaders in human resources at organizations with more than 2,500 employees reported insufficient technology as a cause for burnout among employees. When human resources has access to the right technology, the entire team will likely be more engaged and more productive at work.