HR, It's Time to Improve Your Employee Retention Strategy

Cornerstone On Demand

Although constantly recruiting and training new employees is expensive, it is the ancillary effects on productivity, customer satisfaction, manger effectiveness and engagement metrics that truly impact the overall business operations. 2) Establish Formal Career Pathing Encourage and help employees create formal career paths for themselves so both employees and their managers have a concrete understanding of each other's goals and expectations.

Annual bonuses: How much do they actually incentivize employees?

Achievers

by Andrea Vearncombe, Total Rewards Manager, Achievers. Do you give your employees big annual bonuses as a reward for their work? There’s a psychology behind rewards and incentives that you need to understand before you can create an effective bonus structure.

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IRF value study examines ROI for incentives programs

Maritz Motivation

Have you ever been concerned that competitors have been diligently measuring the ROI on their employee reward and recognition programs, while your company hasn’t? . We’ve already looked at one large component of this IRF study, discussing ways in which non-cash tangible rewards often outperform their cash counterparts. Which metrics are they measuring?

Study 40

Everything to know about Human Resource Management

CuteHR

With globalization, Human Resource Management or Personnel Management as it was called in earlier days has transformed. What is Human Resource Management? It is aimed at synergizing the entire spectrum of creating, managing, and cultivating the employer-employee relationship.

HR Tech Weekly: Episode #253: Stacey Harris and John Sumser

HR Examiner

So throwing out calculations and metrics again, I don’t spend as much time in the recruiting space, I think, as many others including yourself. And any good project manager, notice you can have two of those three, you can’t have all three.

Reconstructing Performance Management for Both the Employee and the Company

Aberdeen HCM Essentials

Managers conduct them at pre-determined intervals, so problems are uncovered only after they’ve negatively impacted the company. Furthermore, Aberdeen has found that more than 70% of the time, lead managers grade on a scale.

Time Wasting: The Anti-Reward

Compensation Cafe

Is time wasting, as a product of poorly structured (and perhaps poorly incented) management undermining your reward program? 83% of the study''s respondents reported that their time is wasted by managers or colleagues with too much on their plate.

HR Tech Conference 2018 Recap: Most Valuable Tweets

Ongig

There is a trend: recruitment marketing going anti-employer brand (aka video montages about the great open workspace) and moving toward featuring authentic videos about the people, hiring managers, etc.

Companies Expand Commitment to Upskill Frontline Workers but Fail to Maximize Impact

i4cp

Fifty-nine percent (59%) also do not measure and reward managers for developing these workers. While only 34% of organizations reward line leaders who encourage workers to take advantage of provided opportunities, it's a practice that is 2.5x

Study 52

Managers need recognition, too! 3 steps for employee retention

Achievers

Dear Lonely, Employee retention can be a very difficult issue, but we do know that employees don’t leave jobs: they leave managers. The culture created by managers can make or break employee retention. One of the most effective ways to combat employee loss is to hold managers accountable for the culture of their departments. Amongst a company’s leadership, managers should be the most in touch with the culture in their departments. Dear A Advisor, I need your help!

The Ultimate Check-List: 8 Manager Essentials

Achievers

Well, what if we told you that the secret weapon to driving employee success was your managers? More often than not, employees don’t leave companies – they leave bad managers. Your managers need real-time insight into their team’s engagement levels.