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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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Improving Employee Engagement During Onboarding

ClearCompany HRM

The global talent shortage is the most acute it has been in decades. The situation is so critical that nearly two-thirds of companies, according to one study , have had to adapt their business strategy to available talent. Onboarding and Retention. Onboarding and Retention. People-Focused Onboarding.

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Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Features of Employee Engagement Tools. 10 Benefits of an Employee Engagement Tools. Improves employee retention. Instant vouchers. Memberships.

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2023 HR Statistics, Trends & Data: Ultimate List

HR Tech Girl

LinkedIn remains the best recruiting platform for professional roles in 2023. Forbes ) 67% of HR professionals believe that AI will benefit and have a positive impact on the recruitment process, while 35% believe AI could lead to overlooking unique and unconventional talents. Some stats to help you fine-tune your onboarding process.

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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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Data & People Analytics: A WorkHuman 2018 Recap

WorkHuman

Marketers, for instance, employ eye-tracking and heat maps to study shoppers’ behavior and improve shoppers’ experience and satisfaction. And now, HR leaders are investing heavily in programs to utilize data for all aspects of workforce planning, talent management, and operational improvement. Talent sourcing.

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Employee Recognition Program: Things You Need To know!

Vantage Circle

According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Various platforms that you can use to enhance your recognition efforts. The cost of employee turnover can be significant, often estimated to be 1.5 Key Takeaways Understand what a recognition program is.