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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. Many economists and human resource experts are scratching their heads on the exact reasons why. Check out our easy-to-use Cost of Turnover Calculator. The desire to make a change.

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How One Company Is Tackling the Turnover Challenge

WorkHuman

A few weeks back I wrote about how retention/turnover will be the biggest challenge for HR leaders in 2017. The state of turnover right now is pushing companies to innovate and transform their cultures to create a better employee experience that benefits both employees and employers. But the picture isn’t so bleak.

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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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Major Studies Detail Correlation Between Employee Engagement and Retention

Hoops

Recent Studies Detail Correlation Between Employee Engagement and Retention. The most serious challenge facing Human Resources is not benefits, compensation, or performance management. For two years running, the top two HR challenges have been employee retention and employee engagement. IBM/Globoforce Employee Experience Index.

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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. In fact, 46 percent of HR professionals cite employee retention/turnover as the top workforce management challenge in 2016, an increase from 25 percent in 2012. Here’s how you can use stay interviews to improve your employee retention initiatives.

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Stand by me: employee retention strategies from the pros

Workable

Staff turnover also decreases employee morale. A 2015 SHRM/Globoforce survey puts employee retention at the top of the list of challenges facing HR leaders. If it’s yours too, read up on effective employee retention strategies from some of the best companies around. A 30% drop in employee turnover. The results?