Achievers
JANUARY 12, 2021
Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. According to Human Resources Today, that translates to $19 billion in costs related to hiring and training new employees.
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! The dimensions of the problem.
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Achievers
DECEMBER 6, 2016
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. Employee recognition drives employee engagement, and with higher employee engagement come lower turnover rates and stronger business results.
EngagementMultiplier
FEBRUARY 23, 2021
Some recent employee survey data suggests that after months of struggling, something is about to give. According to Reward Gateway, a firm specialising in employee recognition and rewards, the majority of employees surveyed in the US, UK, and Australia are planning to change jobs. Download our latest white paper.
Engagedly
AUGUST 2, 2022
Once they hire talented individuals, a business needs a foolproof talent retention strategy to avoid attrition. The year 2021 has been marked as the year of the Great Resignation when thousands of employees willingly resigned from their jobs. Here is where talent retention strategies come into play.
Achievers
AUGUST 2, 2018
Regular listening sessions, reverse performance reviews and pulse surveys are great ways to show your employees that you’re willing to listen. Employees want career advancement. In fact, a recent study ranked lack of career growth as the number two driver of voluntary turnover. Employee Recognition.
Achievers
SEPTEMBER 9, 2019
High levels of employee engagement are known to boost productivity, improve customer satisfaction , and bolster retention rates. It ’s these very benefits that have spurred companies across the country to invest in enhancing the employee experience. . Do accept employee feedback and be willing to listen .
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