Remove Employee Recognition Remove Onboarding Remove Retention and Turnover Remove Trends
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Top Six Employee Recognition Trends of 2024

Vantage Circle

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. to 2 times an employee's annual salary. Let's dive in!

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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. Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. High Turnover and High Growth. The Cost of Turnover.

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What Is a Good Retention Rate and How Do You Achieve and Maintain It?

15Five

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

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How to Solve Hiring Problems in Manufacturing with Employee Recognition

Semos Cloud

Category All, Best Practices How to Solve Hiring Problems in Manufacturing with Employee Recognition The state of the manufacturing workforce is changing faster than ever. If manufacturing companies want to win the war for talent, they have to fundamentally change how they approach Employee Experience. We’ve seen it firsthand.

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The True Costs of Employee Turnover

15Five

We know turnover is expensive, but its costs aren’t just financial — they manifest as lost productivity, lowered innovation, weakened team bonds, and reduced agility. As of 2019, US companies were losing a staggering trillion dollars a year to turnover. Direct and indirect costs of turnover. Direct turnover costs.

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The Pitfalls of Unsuccessful Onboarding

Hppy

Successful onboarding is crucial because it sets the tone for the new hire’s entire tenure. It helps new employees feel welcomed, valued, and integrated into the company culture, increasing engagement and productivity. Effective onboarding clarifies roles, expectations, and company norms, reducing uncertainty and stress.

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Turnover vs Attrition Explained

Peoplebox

Turnover and attrition are two critical human resources metrics that measure employee departures. In this blog post, we will examine the differences between turnover vs attrition and explore their impact on organizational dynamics, employee retention strategies, and overall workplace stability.