INDUSTRY INSIGHTS YOUR PEERS ARE READING
Employees work at communal tables. Then there are “open door” companies, which means that employees are encouraged to walk in , sit down, and say whatever is on their mind. The sad part about the cartoon is that often we don’t need data to see the revolving door of employee turnover. MORE
Employee turnover is one of the most bottom line busting costs associated with a company’s workforce. SHRM estimates that, for entry-level employees, the cost to fill an open position hovers near $4,000. Work flexibility is important for every employee at every level. MORE
Virtually every organization has a problem with employee retention. As Willis Towers Research findings show, more than 25% of employees today are at a high risk for turnover. In most cases, recognition programs focus on tenure. Employee recognition MORE
Why are 65 percent of employees actively looking for a new job? Disengaged Employees Employee Recognition Engagement HR Communications HR Management HR News HR Trends Retention & Engagement Talent Acquisition Talent Management Turnover Workforce Featured MORE
About 65 percent of the people in one survey reported that they received no recognition over the last 12 months for their work.In the same report, 89 percent of employers feel that most employees leave their companies to earn more money. Spending money on routine company gift cards isn’t the same as offering personalised and specific praise based on an employee’s performance. If you can reward a person based on his or her interests, then the recognition has more meaning. MORE
Knowing what makes employees quit — and then heading off those problems — is the goal of every HR department. While you’ll never be able to avoid individual events that disrupt the lives of workers and their families, it’s helpful to have an overview of preventable causes for employee churn. MORE
Namely, that retention/turnover is the top challenge reported by nearly 1,000 SHRM members. With the economy and hiring improving, businesses are wise to become concerned that the “grass is greener” syndrome may take hold of their very best employees. MORE
Schedule, workload, environment, salary, culture, values, management – these all affect employee satisfaction in one capacity or another. Although there’s no such thing as the “perfect job” (or the perfect employer, for that matter), odds are that high turnover means there’s an issue in one or more of these areas. Based on trends measured by CompData surveys, the gap in voluntary turnover from one area to the next can be quite significant. MORE
What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. MORE
The fifth research report in an annual partnership between SHRM and Globoforce ( the 2015 Employee Recognition Survey ) was published this week. It’s that retention/turnover is the top challenge reported by nearly 1,000 SHRM members. MORE
Employee recognition isn’t just a perk that creates warm, fuzzy feelings. It has real effects on your company’s retention and results. Employees with managers who provide recognition are 14-19% more engaged than other employees. Makes recognition flow freely. MORE
A business isn’t anything without its employees. So in order for your business to be successful in the long term, you have to ensure your employees are consistently performing at their best. By focusing on employee engagement. More recognitions = higher employee engagement. MORE
The topic of employee turnover should be taken seriously by all companies, because there are both direct and residual effects of a high turnover rate. A little bit of turnover is unavoidable. A low rate of turnover is ok – you’ll survive. Employee turnover costs. MORE
It may seem that there’s a danger of lost productivity during the holiday season, but rather than brooding over a half empty glass, management should capitalize on employees’ cheer. As we’ve previously written , the experience employees have at work significantly impacts your bottom line. MORE
Do your employees feel recognized? Think carefully, because over 65 percent of employees report they don’t feel recognized at work. And lack of recognition just happens to be the number one reason why employees quit. The Case for Employee Recognition E-Book. MORE
33 Thoughtful Employee Recognition & Appreciation Ideas for 2017. It pays to have amazing employee recognition ideas. You need to find the right employee recognition program for your company. So… What is employee recognition? MORE
An early 2018 Glassdoor survey reported that close to 35% of hiring decision makers expect more employees to quit over the span of 2018 than they did in 2017. With a better economy and record low unemployment rates nationwide, employees now have options. MORE
Retention and employee experience are two sides of the same coin. My story is not unique, which is why retention remains a serious issue for HR and business leaders. What’s more, retention has very real financial implications. Is one of them retention? MORE
Employee turnover is the number of employees who exit an organisation and are eventually replaced by new employees. Employee retention , on the other hand, indicates the rate at which organisations successfully manage to keep employees from leaving. Employee turnover is a challenge that needs to be continually monitored & addressed as it has both direct and indirect effects. A small amount of turnover cannot be avoided. MORE
Today we’re diving into what employee recognition is and isn’t, as well as some tips for implementing a new program or revamping a stale one that may not be as effective anymore. What is employee recognition? Here’s a few “do’s” of employee recognition. MORE
Employee Recognition is nothing but the acknowledgment of an individual or team for their hard work, efforts, and accomplishments that go with the organization’s goals and values. How important do you think it is to build a workplace recognition culture? Social Recognition. MORE
Most of your company’s expenses are unavoidable, but employee attrition is one of the costs that you can have significant control over. Employee attrition can cost six to nine months’ worth of the departing worker’s salary, so it’s in your best interests to find ways to address employee attrition head-on. Research into employees quitting provides some actionable insights: Demographics most likely to quit. percent employee churn rate. MORE
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. MORE
That’s where inclusion—making employees feel valued, welcome and comfortable being who they are—comes in.”. Creating a workplace where employees feel valued, welcome, and comfortable will include offerings like parental leave, gender neutral bathrooms, equitable pay, and unconscious bias trainings, but it will also include something that’s not so easy to measure or check off on a list: an inclusive culture. How can recognition build an inclusive workplace? MORE
When it comes to human resources results, one of the key things that needs to be focused on is employee retention. One of the best ways to increase your retention rate if you’re worried about losing top talent is to put more focus on employee recognition. MORE
“People work for money but go the extra mile for recognition praise and rewards.” This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. 1) Trends in Employee Recognition from HR Trend Institute Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years. MORE
The cost of employee turnover is outrageously high. When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement. Fostering employee engagement can be difficult. MORE
Make no mistake, an organisation that fosters an environment that motivates employees and rewards positive behaviours will attract the best talent, maintain a strong, positive culture and retain the rockstars that outperform the competition. Decreased employee empowerment. MORE
How do you look at The Employee Lifecycle ? We are talking about hiring, development, employee satisfaction and retention. How does one win the “war on talent” in terms of both recruiting and retention? Are you looking for a simple yet powerful employee recognition tool? MORE
Employees need more opportunities, more regular conversations on performance, and more frequent recognition to overcome retention challenges. Sometimes we make it easier for employees to look for growth opportunities elsewhere. by Derek Irvine. Recognize This! MORE
Two thirds of employees don’t believe senior leadership supports recognition programs. Unsurprisingly, 83 percent report their organization’s culture doesn’t support recognition. The evidence here will help recognition champions address the most common skepticism in the C-suite. MORE
Employee tracking software can help, but first you need to understand the psychology behind your employee’s behavior. Let’s crack open a few brains and see the real psychology behind keeping your employees happy at work, and reducing your turnover costs for good. MORE
The research on engagement supports what most of us already know intuitively: employees are more engaged when employers value their contributions and communicate that value in specific, visible ways. Engagement matters because engaged employees are more productive workers. MORE
There are a lot of reasons this can happen: a bad boss, a toxic team, stagnant career growth, or lack of recognition. Losing your employees to resignation is an expensive problem. A competitive salary is the bare minimum that you need to provide to keep employees satisfied. MORE
Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? Furthermore, this cost estimate is only an average; replacing more specialized employees can often run into six figures! MORE
You already know excessive employee turnover is a bad thing. According to the National Federation of Independent Business, the cost of employee turnover can be anywhere from 150-200% of your employee’s salary. priority will be employee retention. MORE
Achievers
DECEMBER 6, 2016
Do your employees feel recognized? Think carefully, because over 65 percent of employees report they don’t feel recognized at work. And lack of recognition just happens to be the number one reason why employees quit. The Case for Employee Recognition E-Book.
EmployeeConnect
OCTOBER 30, 2016
Make no mistake, an organisation that fosters an environment that motivates employees and rewards positive behaviours will attract the best talent, maintain a strong, positive culture and retain the rockstars that outperform the competition. Decreased employee empowerment.
China Gorman
JUNE 23, 2015
Namely, that retention/turnover is the top challenge reported by nearly 1,000 SHRM members. With the economy and hiring improving, businesses are wise to become concerned that the “grass is greener” syndrome may take hold of their very best employees.
EmployeeConnect
FEBRUARY 27, 2017
About 65 percent of the people in one survey reported that they received no recognition over the last 12 months for their work.In the same report, 89 percent of employers feel that most employees leave their companies to earn more money. Spending money on routine company gift cards isn’t the same as offering personalised and specific praise based on an employee’s performance. If you can reward a person based on his or her interests, then the recognition has more meaning.
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HR Bartender
MARCH 31, 2017
Employees work at communal tables. Then there are “open door” companies, which means that employees are encouraged to walk in , sit down, and say whatever is on their mind. The sad part about the cartoon is that often we don’t need data to see the revolving door of employee turnover.
Achievers
JUNE 29, 2017
What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting.
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Bonusly
MAY 30, 2018
That’s where inclusion—making employees feel valued, welcome and comfortable being who they are—comes in.”. Creating a workplace where employees feel valued, welcome, and comfortable will include offerings like parental leave, gender neutral bathrooms, equitable pay, and unconscious bias trainings, but it will also include something that’s not so easy to measure or check off on a list: an inclusive culture. How can recognition build an inclusive workplace?
15Five
JANUARY 4, 2018
How do you look at The Employee Lifecycle ? We are talking about hiring, development, employee satisfaction and retention. How does one win the “war on talent” in terms of both recruiting and retention? Are you looking for a simple yet powerful employee recognition tool?
Get Hppy
MAY 31, 2017
When it comes to human resources results, one of the key things that needs to be focused on is employee retention. One of the best ways to increase your retention rate if you’re worried about losing top talent is to put more focus on employee recognition.
Achievers
NOVEMBER 1, 2016
Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? Furthermore, this cost estimate is only an average; replacing more specialized employees can often run into six figures!
Astron Solutions
OCTOBER 16, 2018
An early 2018 Glassdoor survey reported that close to 35% of hiring decision makers expect more employees to quit over the span of 2018 than they did in 2017. With a better economy and record low unemployment rates nationwide, employees now have options.
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RecognizeThis!
MARCH 23, 2015
Employees need more opportunities, more regular conversations on performance, and more frequent recognition to overcome retention challenges. Sometimes we make it easier for employees to look for growth opportunities elsewhere. by Derek Irvine. Recognize This!
Interact
NOVEMBER 22, 2016
It may seem that there’s a danger of lost productivity during the holiday season, but rather than brooding over a half empty glass, management should capitalize on employees’ cheer. As we’ve previously written , the experience employees have at work significantly impacts your bottom line.
Achievers
DECEMBER 14, 2017
Employee turnover is one of the most bottom line busting costs associated with a company’s workforce. SHRM estimates that, for entry-level employees, the cost to fill an open position hovers near $4,000. Work flexibility is important for every employee at every level.
Engage2Excel
JANUARY 3, 2019
The research on engagement supports what most of us already know intuitively: employees are more engaged when employers value their contributions and communicate that value in specific, visible ways. Engagement matters because engaged employees are more productive workers.
Bonusly
JUNE 27, 2018
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.
Achievers
MAY 23, 2017
The cost of employee turnover is outrageously high. When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement. Fostering employee engagement can be difficult.
Bonusly
MARCH 22, 2017
Two thirds of employees don’t believe senior leadership supports recognition programs. Unsurprisingly, 83 percent report their organization’s culture doesn’t support recognition. The evidence here will help recognition champions address the most common skepticism in the C-suite.
TLNT: The Business of HR
JUNE 24, 2015
The fifth research report in an annual partnership between SHRM and Globoforce ( the 2015 Employee Recognition Survey ) was published this week. It’s that retention/turnover is the top challenge reported by nearly 1,000 SHRM members.
Get Hppy
DECEMBER 26, 2016
Virtually every organization has a problem with employee retention. As Willis Towers Research findings show, more than 25% of employees today are at a high risk for turnover. In most cases, recognition programs focus on tenure. Employee recognition
SumTotal
JUNE 7, 2016
Employee recognition isn’t just a perk that creates warm, fuzzy feelings. It has real effects on your company’s retention and results. Employees with managers who provide recognition are 14-19% more engaged than other employees. Makes recognition flow freely.
EmployeeConnect
JULY 11, 2017
Employee turnover is the number of employees who exit an organisation and are eventually replaced by new employees. Employee retention , on the other hand, indicates the rate at which organisations successfully manage to keep employees from leaving. Employee turnover is a challenge that needs to be continually monitored & addressed as it has both direct and indirect effects. A small amount of turnover cannot be avoided.
Achievers
APRIL 23, 2015
There are a lot of reasons this can happen: a bad boss, a toxic team, stagnant career growth, or lack of recognition. Losing your employees to resignation is an expensive problem. A competitive salary is the bare minimum that you need to provide to keep employees satisfied.
Globoforce
JANUARY 26, 2017
Retention and employee experience are two sides of the same coin. My story is not unique, which is why retention remains a serious issue for HR and business leaders. What’s more, retention has very real financial implications. Is one of them retention?
TLNT: The Business of HR
SEPTEMBER 15, 2015
Why are 65 percent of employees actively looking for a new job? Disengaged Employees Employee Recognition Engagement HR Communications HR Management HR News HR Trends Retention & Engagement Talent Acquisition Talent Management Turnover Workforce Featured
Achievers
JANUARY 23, 2018
Knowing what makes employees quit — and then heading off those problems — is the goal of every HR department. While you’ll never be able to avoid individual events that disrupt the lives of workers and their families, it’s helpful to have an overview of preventable causes for employee churn.
Achievers
JANUARY 5, 2017
A business isn’t anything without its employees. So in order for your business to be successful in the long term, you have to ensure your employees are consistently performing at their best. By focusing on employee engagement. More recognitions = higher employee engagement.
Ceridian
OCTOBER 26, 2016
You already know excessive employee turnover is a bad thing. According to the National Federation of Independent Business, the cost of employee turnover can be anywhere from 150-200% of your employee’s salary. priority will be employee retention.
Vantage Circle
MARCH 16, 2018
Employee Recognition is nothing but the acknowledgment of an individual or team for their hard work, efforts, and accomplishments that go with the organization’s goals and values. How important do you think it is to build a workplace recognition culture? Social Recognition.
Capterra
SEPTEMBER 5, 2017
Employee tracking software can help, but first you need to understand the psychology behind your employee’s behavior. Let’s crack open a few brains and see the real psychology behind keeping your employees happy at work, and reducing your turnover costs for good.
SuccessFactors
APRIL 28, 2017
The topic of employee turnover should be taken seriously by all companies, because there are both direct and residual effects of a high turnover rate. A little bit of turnover is unavoidable. A low rate of turnover is ok – you’ll survive. Employee turnover costs.
exaqueo
DECEMBER 23, 2016
“People work for money but go the extra mile for recognition praise and rewards.” This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. 1) Trends in Employee Recognition from HR Trend Institute Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years.
SnackNation
AUGUST 7, 2017
33 Thoughtful Employee Recognition & Appreciation Ideas for 2017. It pays to have amazing employee recognition ideas. You need to find the right employee recognition program for your company. So… What is employee recognition?
Benefit One USA
FEBRUARY 6, 2017
Schedule, workload, environment, salary, culture, values, management – these all affect employee satisfaction in one capacity or another. Although there’s no such thing as the “perfect job” (or the perfect employer, for that matter), odds are that high turnover means there’s an issue in one or more of these areas. Based on trends measured by CompData surveys, the gap in voluntary turnover from one area to the next can be quite significant.
Achievers
OCTOBER 25, 2016
Most of your company’s expenses are unavoidable, but employee attrition is one of the costs that you can have significant control over. Employee attrition can cost six to nine months’ worth of the departing worker’s salary, so it’s in your best interests to find ways to address employee attrition head-on. Research into employees quitting provides some actionable insights: Demographics most likely to quit. percent employee churn rate.
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