Companies with a solid strategy to recognize team members enjoy stronger engagement, increased employee morale , better customer service, and lower turnover. MST leaders Chelsie Lee and Clay Telfer designed a recognition program in which team members earn badges for hitting milestones related to their most important metrics. Not only are these celebrations consistent with Scopely’s cheeky culture, but they’re also a smart retention strategy. MORE

Talent management touches on all key HR areas, from hiring to onboarding and from performance management to retention. When we talk about specific and measurable goals, we are talking about talent management metrics. These metrics enable us to keep track of what we’re doing. A good example is unwanted turnover. This can be achieved through better branding, better retention, better selection, et cetera. Employee Engagement/Experience/Retention. MORE

Turnover costs add up quickly : lost knowledge, lower productivity, overworked remaining staff, recruitment and training… it can cost you twice the salary of each employee who leaves. This may have something to do with the fact that years of service remains the most common recognition program, which alone is unlikely to impact employee engagement or retention. Turnover statistics, exit interviews, and survey questions on intentions to leave. MORE

Putting together an employee retention plan is an exciting opportunity. Being successful with employee retention can have a huge impact on your company’s bottom line. It’s easy to imagine the impressive savings from just a small improvement in retention. Putting together an employee retention plan is a major undertaking, and the stakes are high. These 5 simple steps can help you create an employee retention plan that could be a huge boost to your business’ bottom line. MORE

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Why is there such a wide variation in employee engagement and retention? New research by MRInetwork shows that 90% of recruiters surveyed believe that “candidates are now in charge” – the highest this metric has been in five years. SmallImprovements , TinyPulse, and StandOut by TMBC are other tools that are moving in this direction. MORE

It is critical to your business’s long-term health and success, and turnover costs are high. Employee Retention Definition. What is employee retention? This is the ability of a company to keep employees on its payroll; and it’s easily quantified as your “employee retention rate,” which is simply a statistic showing how many employees stay at your company over a given period of time. Employee retention is a key focus for any good human resources team. MORE

TINYpulse Blog. Employee Retention and Benefits. HR Metrics: How and Why to Calculate Employee Turnover Rate? What’s Wrong With Retention Bonuses? Employee Turnover. Employee Retention. Recruiting Metrics. Employee Retention. Data, Metrics, Analytics: The Hierarchy of Knowledge. Staff Retention. How to Calculate Employee Turnover – Retention Tips Included. Recruiting Analytics: Candidate Sourcing Metrics. MORE