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What You Need to Know About the Cost of Employee Turnover

Bonusly

Do you know how many employees you lose each year to turnover? Although most companies keep track of employee turnover, many fall short when they try to understand its causes and costs in a meaningful way. Do you know how much employee turnover costs you each year? Do you know how much employee turnover costs you each year?

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Employee Retention Survey: All You Need To Know (+ Sample Questions)

Vantage Circle

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. Let's dive into the world of employee retention surveys, unveiling their potential to transform workplace dynamics and employee satisfaction.

Survey 59
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Calculating Employee Turnover Rate & Strategies to Reduce it

Empuls

As a human resources professional , you have to be wary of high turnover rates because these will definitely have a negative effect on the company (more on these later). In this article, let’s discuss high turnover meaning and strategies to reduce it. What is Employee Turnover? Only, it is involuntary.

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How Do Managers Influence Retention Rates?

Zenefits

Studies showing managers’ influence on employee retention. Consider the studies and statistics below to better understand managers’ influence on employee retention. TINYpulse research reveals that 61% of employees consider trust between themselves and senior management critical to job satisfaction.

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Why Startups Need To Focus On Team Engagement

6Q

Improved employee retention Startups allocate a significant amount of resources towards the recruitment and training of their teams. Employee retention is higher in companies when there is employee engagement. That helps reduce the expensive turnover of talent often seen in startups.

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7 Easy Ways to Solve High Employee Turnover

Bonusly

What's worse, the departure of even one or two top-performers or a charismatic leader can trigger a spiral of additional turnover. Unlike other major disasters, a turnover spiral is often avoidable, and protecting against it might be easier than you think. Start with the lowest hanging fruit: common turnover contributors.

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From Amazon To Buffer: 8 Company Culture Examples To Learn From

Analytics in HR

TinyPulse found that staff who do not align with or don’t like their company culture were 24 percent more likely to quit, taking productivity and knowledge with them. By hiring individuals who are a great cultural fit, your company can strengthen its culture, leading to increased employee satisfaction, productivity, and retention.