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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. You can use KPIs to measure the effectiveness of specific aspects of your human resources department, such as hiring, onboarding, retention, and company culture.

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How Alternative Work Schedules Boost Employee Engagement and Retention?

Hppy

These schedules not only reduce staff turnover but also improve employee engagement & satisfaction. But what are these alternative work schedules, and how can they help boost employee engagement and retention? This way, employees can earn an extra day off in exchange for working extra hours each workday.

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Creative Retention Strategies: 4 Ways to Make ‘em Stay | UrbanBound

UrbanBound HR

When it comes to employee turnover, it’s not about the money. It’s hard to leave a boss who shows appreciation six ways to Sunday—who makes the average workday gratifying and fun. At least, most of the time. Most employees won’t leave an employer they love just because someone else pays a little bit more.

Workday 193
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What Causes Low Employee Retention Rates [+ How to Fix!]

6Q

To create an effective and long-lasting team of dedicated workers, you must first understand what causes low employee retention rates. When you keep the employee retention rate high, you save on hiring costs and precious training time. The first step is identifying what causes low retention rates.

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Employee Retention in Health Care: 4 Keys to Keep Your Best and Brightest

HR Morning

Because the current healthcare climate is heavily focused on meeting strict quality guidelines from the feds and payors while providing top-notch care, employee retention in healthcare is more critical than ever. Retention is difficult in the healthcare industry for several reasons – one of the most significant being employee burnout.

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Increase Employee Retention with Learning & Development

Emergenetics International

While it’s unlikely that half of a company’s staff members are going to leave in one year, this statistic might be a wake-up call for leaders and can serve as an important reminder that retention deserves serious attention. Many studies have reinforced the value of people development in relation to turnover. Turnover is expensive.

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Industry Insights: Call Center

Payactiv

The average call center turnover rate averages between 30% to 45%. This turnover rate is considered very high. Agent Turnover — Why Are They Quitting? Offer alternative workdays between their homes and a physical site. Customers are likely to spend 140% more after a positive experience rather than a negative one.