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Company Doors Drive Employee Turnover – Friday Distraction

HR Bartender

Today’s Time Well Spent from our friends at Kronos explains it all too well. The sad part about the cartoon is that often we don’t need data to see the revolving door of employee turnover. When trying to impact employee turnover, there are three core data areas to examine. Employee recognition and rewards.

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11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it. Voluntary vs. involuntary turnover.

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How Recognition Supports Retention

Madison

With employee recognition programs generally funded at 1% (or more), it’s important to understand and be able to explain how they impact worker retention and productivity, corporate revenues, and customer loyalty. Let me start by framing the value recognition plays against mounting employee retention challenges.

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Will Employee Retention Be An Issue in 2018?

DailyPay

In a new study by Future Workplace and Kronos, business leaders continue to express the importance of employee retention. The Future Workplace and Kronos study suggests that 87% of employers said that improving retention is a critical priority for their organization. Who owns employee retention?

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10 Eye-opening Employee Retention Statistics You Should Take Note Of

Vantage Circle

(Related- 25 Employee Engagement Activities To Reinvent Your Workforce ). 5) Employees whose managers consistently acknowledge them for good work are 5x more likely to stay at the company. Employee recognition is fundamental to an organisation’s retention efforts. Source- Kronos Incorporated and Future Workplace).

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

Employee retention is top-of-mind for nearly every organization, and it’s easy to see why— losing employees can mean losing valuable institutional knowledge, lower morale in remaining team members, and lost productivity. Being mindful of the core issues that drive turnover goes a long way in improving retention.

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Expense-Free Employee Appreciation Ideas That Really Work

Rise

According to recent research from the Workforce Institute at Kronos Inc., almost 50% of employees feel underappreciated at work. Team retention is a growing concern for people and culture leaders, but the solution to high turnover rates might be simpler than you expect.