Remove Employee Recognition Remove Performance Management Remove Retention and Turnover
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13 Practical Performance Management Strategies To Implement (In 2024)

AIHR

Performance management strategies are crucial for driving results. Gallup and SHRM found that under 20% of employees find their performance reviews inspiring, and 95% of managers are dissatisfied with their organizations’ review systems. It’s clear that performance management is effective.

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The Future of HR Software in Australia: Trends & Innovations

EmployeeConnect

Beyond recruitment, AI will assist with predictive analytics, allowing HR teams to forecast turnover, identify high-potential candidates for promotion, and make data-driven decisions about workforce planning. By promoting well-being, businesses can improve employee morale and reduce turnover.

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Tailoring a Total Rewards Strategy for Small Business Success

Extensis

Quick look: A comprehensive total rewards strategy is just that: rewarding (for businesses and employees alike). Total rewards include compensation, benefits, well-being initiatives, and recognition, and help companies increase productivity, retention rates, and talent acquisition success.

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National Wellness Month 2024: 6 Employee Wellness Program Ideas

Extensis

Implementing programs to assist with budgeting, investing, saving for retirement , and paying off student loans can show employees that their employers are there for them and want to help them achieve good financial health. Employers should consider implementing a robust employee recognition program to encourage these advantages.

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Best employee retention software

Peoplebox

Companies’ year-on-year turnover rates will be 50-70% higher in the future. The increased hiring time will raise recruiting costs while losing important employees will disrupt teams, delay projects, and hurt morale. This blog shares top employee retention software from which you can choose the best for your business.

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Best Employee Experience Software to Drive Retention and Performance

Peoplebox

A recent Gartner study proves that 87% of employee are unsatisfied with their experience. Such widespread dissatisfaction can lead to increased turnover rates and decreased productivity in your organization. Imagine the impact on your company’s bottom line when more than half of employees are unhappy. Let’s dive in.

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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Two critical tasks: ✓ Update employee information: Keep all employee records current, including contact details, emergency contacts, and personal information. Archive old records: Securely store or dispose of records in accordance with data retention policies and legal requirements.