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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.

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The Onboarding & Retention Relationship

Astron Solutions

Tanner reports that 69% of employees are more likely to stay with their places of employment for at least three years after a great onboarding experience. Is the process of onboarding really that critical to retention? The Wynhurst Group found that 22% of employee turnover happens in the first 45 days of employment.

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Healthcare HR and Employee Retention: 6 Key Factors to Consider

Precheck

Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. In fact, 46 percent of HR professionals cite employee retention/turnover as the top workforce management challenge in 2016, an increase from 25 percent in 2012. Onboarding Process. Here are four ways you can strengthen your onboarding process.

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Just Published: Forbes Insights Report “Employee Engagement in Age of Digital Disruption”

Silkroad

Are CFO’s keeping up with the new reality when it comes to employee engagement in the age of digital disruption, new technologies and AI? When one in four CFOs say that unwanted turnover accounts for 25% to 50% of labor costs (one in 10 say it eats up 50%), you know that talent retention is critical to business strategies.

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Hiring Scheduling

Thrive Global

Employee Onboarding. And that’s where onboarding comes into play. In fact, according to Brandon Hall Group research , organizations with a strong onboarding process improve employee retention by 82 percent and productivity by over 70 percent. If not, then we’re here to help. Month One: Getting Acclimated.

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Succession Management: 9 Steps For Future Success

Analytics in HR

That’s hence succession management tools and planning have become a core focus for many businesses. Reduce turnover by filling positions internally. Overall, investing in employee career development and succession management programs help you improve employee retention. Consider your organizational strategy.

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HR TechStack – Performance Tracking

Workstride

Performance Tracking Tools. Performance management systems are used to manage employee progress, performance, and development in relation to organizational goals. Companies use performance management software to facilitate meaningful and ongoing discussions between managers and direct reports. DOWNLOAD FULL-SIZE GRAPHIC.