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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important. How to Improve Employee Retention? million U.S. million each month.

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Employee Retention: 5 Strategies for Retaining Top Talent

Bonusly

Recruiting top talent and employee retention is no longer just a threat for understaffed industries—it’s something we are seeing across the board. The costs associated with employee turnover present a continual challenge in addition to the damaging effects on company culture. Strategies for Employee Retention.

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What’s the Key to Talent Retention? Human-Centered Approaches, Says SHRM/Globoforce Report

HR Daily Advisor

HR leaders are using human-centered approaches in the workplace, which may help resolve retention, recruitment, and culture management challenges, according to a new report released by Globoforce ® , a provider of social recognition and continuous performance development solutions, and the Society for Human Resource Management (SHRM).

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Healthcare HR and Employee Retention: 6 Key Factors to Consider

Precheck

Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. One of the largest growing concerns among employers across all industries is retaining high-performing and high-potential employees. Consider the following six practices as you review or develop your employee retention strategy for the years to come.

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Top 25 Employee Recognition Statistics Leaders Need To Know

Vantage Circle

Employee Recognition Statistics Relating To Retention. There is a clear connection between recognition and employee retention. Companies with effective recognition programs have 31% lower voluntary turnover. Turnover can be highly costly with additional expenses in recruitment , onboarding , and training.

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Improving Employee Engagement During Onboarding

ClearCompany HRM

Businesses, irrespective of size, industry and geography, are struggling to find the right skills to fill open positions. And yet, recruitment was only the second biggest challenge facing HR leaders surveyed for The 2018 SHRM/Globoforce Employee Recognition Report. Onboarding and Retention. People-Focused Onboarding.

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Data & People Analytics: A WorkHuman 2018 Recap

WorkHuman

These phrases are tossed around at industry events and conferences, but how do they apply in the day-to-day work of an HR professional? The financial services industry adopts artificial intelligence and machine learning to optimize different business lines. Talent attrition/ retention. Or is it compensation and benefits?