article thumbnail

Who Owns Retention? The REAL Employee Turnover Problem

Achievers

What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What Is a Retention Specialist Exactly?

article thumbnail

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

Cornerstone On Demand

Always top of mind these days, employee turnover is a critical and costly issue for companies across the U.S. It is simply in everyone’s best interest to make employee retention a top priority in our new found “sellers market”. Here are five ways HR can start improving employee retention today.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Ways to Prevent Your Employees From Quitting

Achievers

Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. The manager’s individual loss will be the organization’s gain, as employee alignment will be strengthened by new career opportunities.

article thumbnail

Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

Analytics in HR

According to a Qualtrics report, employees who are satisfied with their salaries and benefits are 13% more likely to continue working for their current employer for 3+ years. AIHR’s Compensation & Benefits Certificate Program will also help you create a future-proof compensation and benefits strategy and become a total rewards expert.

HIPAA 86
article thumbnail

Employee expectations are shifting. Can you meet them?

PI Worldwide

In some companies, turnover has shot above 30%. But it’s not just companies that are facing turnover—employee expectations are evolving too. They won’t just curb employee turnover. Identify the signs by reading our latest report. READ REPORT. Suppose an employee gets in an argument with a manager.

Meeting 88
article thumbnail

21 Highest-Paying HR Jobs in 2023

Analytics in HR

Change management: Implement change management strategies and build an agile workforce. Chief Talent Officer Salary : $237,000 – $436,000 Job description The Chief Talent Officer manages the recruitment, development, and retention of executives and business leaders in an organization.

article thumbnail

IRF value study examines ROI for incentives programs

Maritz Motivation

based companies cited in the report, more than three-quarters analyze performance data from their incentive programs and use that data in decision-making. . 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. Got all that? .

Study 40