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Zenefits and the Compounding Effect of Cultural Assessment

Women of HR

There is nothing that guides a company to it goals and beyond quite like a dynamic, properly-cultivated corporate culture, and a perfect example of this has recently hit the news: Zenefits. Zenefits’ company values were forged at a time when the emphasis was on discovering a new market, and the company did that brilliantly.

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5 Challenges Human Resources Is Facing in 2022 — and How to Overcome Them

Zenefits

Staff retention. Employee turnover has risen dramatically over the last 2 years, primarily driven by: Pandemic-fueled changes in workplace expectations. According to HireVue , 55% of employers have reported higher turnover in 2022 than in 2021. Staff turnover is problematic in several significant ways.

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Compensation Metrics for Evaluating Your Plan’s Success

Zenefits

Tracking and evaluating employee compensation metrics matters for maintaining a healthy, viable company. A company’s compensation philosophy plays into the quality of employees it keeps, how difficult retention will be, and how much competition it will face for talent. Manage compensation to improve employee retention.

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3 Ways to Move From Being an HR to a People Operations Organization

Zenefits

The value of metrics. These metrics are everything — from is the machinery working effectively and are procedures clearly outlined — to is communication flowing smoothly and consistently? Step 3: Implement and embrace feedback-based metrics. This is not to be confused with catering to every whim. The value of employee feedback.

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How to Calculate Employee Turnover Rate

Zenefits

Employee turnover rate is the percent of employees who leave a company within a specific time period. Turnover rate is commonly calculated by month, quarter, or year and includes both voluntary and involuntary losses. Employee turnover rates can vary widely by industry, generation, and location, among other factors.

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Why Employee Retention Should be a Top Priority for Small Business

Zenefits

Employee retention (or a lack thereof) is a massive cost for small business owners. Data show that HR technology can improve retention. These are only a few of the important components that contribute to employee retention. What is a retention strategy? To develop a retention strategy, track your current turnover rates.

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Top 10 Workplace Retention Factors

Zenefits

When market conditions are good, with a wealth of available talent to choose from, retention is important. When market conditions are poor, retention is critical. Keeping employees on staff and reducing turnover requires a host of initiatives and core policies. Every staff member is integral to maintain productivity and morale.