Remove Employee Recognition Remove Productivity Remove Resources Remove Retention and Turnover
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The True Impact of Employee Recognition | ClearCompany

ClearCompany HRM

This article about the impact of employee recognition was originally published in August 2014 and was updated in December 2023 with new information and sources. In human resources, we’re always looking for ways to motivate our employees and help them do their best. It’s called employee recognition.

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Unlock the Power of Employee Recognition in Healthcare and Hospitals

CoreCentive

In the dynamic world of healthcare and hospitals, where lives are on the line daily, employee burnout, turnover, and shortages can have serious consequences. As a trusted partner in creating and managing robust employee recognition programs, CoreCentive understands the unique challenges faced by healthcare HR professionals.

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How Employee Attrition Affects the Workplace

Intoo USA

It can erode institutional knowledge, as departing employees take with them valuable experience and insights. This can hinder productivity and lead to increased workloads for the remaining staff. Also, the constant need to hire and train new employees can strain resources and divert focus from core business objectives.

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9 Benefits of Employee Retention | ClearCompany

ClearCompany HRM

There are many benefits to focusing on #EmployeeRetention, like saving money and increasing productivity. And with 25% of workers at risk of quitting, retention is more important than ever: What would happen if 25% of your workforce decided to leave your company? That means that prioritizing employee retention in 2022 is essential.

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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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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. Many organizations today struggle with high employee turnover rates.

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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.