Remove Employee Recognition Remove Retention and Turnover Remove Reward Management Remove Strategy
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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

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. What Is a Retention Specialist Exactly?

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4 Ways to Prevent Your Employees From Quitting

Achievers

Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. Wayfair CEO Niraj Shah identifies employee rewards and recognition as one of his three key ways for retaining employees.

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4 Benefits of Employee Rewards for a Business & Examples of Companies Implementing Them

Empuls

Money, freedom, and other concerns fade away, only to let the recognition emerge as a clear and thumping motivator. And as nothing can validate and publicize the employee recognition more joyously and memorably than rewards, rewarding is to a motivation game what fuel is to the engine.