This kind of turnover is extremely expensive. 25% of all employees are of this nature , what you might consider “high risk” when it comes to retention. How do you win the employee retention battle? To keep your employees working for you, consider trying these seven employee retention strategies: 1. According to a collection of recent surveys on employee retention, only 24% of “Generation X” employees say that financial stability motivates them to stay in a job. MORE

A Human Resource Management System, commonly abbreviated as HRMS, is a software application that enables HR professionals to automate all essential HR operations, including onboarding, talent management, performance reviews, attendance tracking, and more. This allows the HR department to focus on other pressing aspects of the business like employee retention, work-life balance, and team-building. What is an HRMS? MORE

Employee turnover is running rampant in most organizations today. As retention experts, we continue to compile effective strategies for reducing turnover. Integrate team-building activities into meetings. Ensure retention is top priority – otherwise recruiting efforts are a band-aid. Onboarding. Ensure handbook/policy language reflects intended culture and is jargon-free. Offer additional onboarding for those new to your industry. MORE

This means you can access big benefits at affordable prices using the PEO model, letting you better compete with large companies in terms of recruiting and retention. Most PEOs will administer: Payroll processing Tax filing Benefits administration, including workers’ compensation Compliance and risk mitigation Time and labor Applicant tracking and hiring Onboarding Benefits enrollment Performance management HR consulting. MORE

From new hire onboarding to everyday appreciation and recognition—there are different tools to create a culture of engagement. Higher retention. Lower turnover. Keeping that in mind, here is the list of best software and tools that teams can use to take employee engagement to the next level. iCIMS Onboard. ProofHub – Online Project Management Software | Loved by 85,000+ Teams. Employee onboarding. Employee Onboarding Software. MORE

Onboarding. Studies have shown that proper onboarding can reduce turnover. Ensure your employee handbook is up-to-date so that policies are never a question. Train managers on proper onboarding techniques to ensure consistency and reduce risks. Follow these other onboarding tips. Employee retention is closely tied to an employee’s satisfaction with the workplace and their individual role. MORE

*This blog is adapted from the HR Party of One episode, Improve Your Onboarding Process, which you can view below. A lot of organizations are focused on reducing turnover, but most employers don’t appreciate the power of onboarding. The connection between onboarding and retention isn’t always obvious. The data shows, however, that a new hire’s first day is actually a make-or-break time for retention. Onboarding for retention. MORE

Employee turnover is running rampant in most organizations today. As retention experts, we continue to compile effective strategies for reducing turnover. Integrate team-building activities into meetings. Ensure retention is top priority – otherwise recruiting efforts are a band-aid. Onboarding. Ensure handbook/policy language reflects intended culture and is jargon-free. Offer additional onboarding for those new to your industry. MORE

The pandemic has upended many of our traditional business processes — including employee onboarding. Onboarding employees is more important now than ever before because new hires can’t socialize in an office the way they once could. For those new to the remote onboarding process , here is a guide to the basics of onboarding employees remotely. Don’t loose your best employees Get Your Turnover Prevention Checklist Download now. MORE

7 Icebreaker Games for Work That Your Team Will Love. 35 More Team Building Activities To Create a Bulletproof Culture. 15 Gender Identity Terms You Need to Know to Build an Inclusive Workplace. Top 7 Qualities of a Successful Team. 8 Tips for Managing Your Team Effectively. Employee handbook: 6 must-have policies for your manual. Employee Retention and Benefits. HR Metrics: How and Why to Calculate Employee Turnover Rate? Onboarding. MORE