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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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The Role Of HR Analytics In Workforce Planning

Hppy

The most recent JOLTS , or Job Openings and Labor Turnover Survey published by the US Bureau of Labor Statistics , puts the the latest job openings level registered in November 2015 at 5,431,000(p). Linking these metrics to specific behaviors and processes then enables them to predict future trends and minimize financial losses.

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HR TechStack – Performance Tracking

Workstride

PeopleFluent provides a cloud-based talent management suite that includes Recruiting, Performance Management, Compensation, Learning, Succession and Vendor Management as well as Workforce Planning and Diversity. Vision Metrics offers a top-rated and most affordable solution to online 360-degree feedback! SilkRoad Performance.

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Engagement Isn’t the End Variable

Silkroad

Rather, CEOs want to move the needle on productivity, customer satisfaction, retention, and revenue. The Corporate Leadership Council found that engaged employees have the potential to reduce staff turnover up to 87 percent, while Hay Group discovered that engaged workforces lead to 2.5 But engagement is typically not the end variable.