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What You Need to Know About the Cost of Employee Turnover

Bonusly

Consider what the following could cost: writing and posting a job description, interviewing candidates, paying referral bonuses, having employees take on more work while a position is open, training new hires, and covering unemployment, to name a few. Here’s the rub: recruitment costs aren’t just limited to hard costs.

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6 Reasons Why Poor Workforce Planning Stunts Growth

Pingboard

It can help to ensure that the company has the talent it needs, where it needs it, and when. It also helps employees remain productive and engaged, and ensures that they have the necessary skills to help the company continue to grow. Low Employee Engagement. This type of planning offers a range of benefits.

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Org Chart Software Could Save Your Waning Employee Engagement

Pingboard

Employee engagement is a top goal for nearly all companies, because employees who are committed to their work and the company tend to be more productive, innovative, and supportive of company goals and objectives. However, according to Gallup research, only 13 percent of the global workforce is engaged. Limited Resources.

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Talent Management Strategies To Retain Top Performers

Hppy

Strong talent management strategies increase employee engagement by 16% and revenue by 19%. So, in this article, we’ll explore effective talent management processes and engagement strategies to help you retain your top talent. Plus, we’ll discuss how you can improve your talent management process.

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Growth Planning: Include Others Outside The C-Suite

Pingboard

In fact , one research study found that teams that engage in inclusive decision-making make better business decisions 87 percent of the time, and they also make decisions faster and with fewer meetings. Empowerment and Engagement. However, great ideas aren’t limited to the C-suite. According to one survey , employees feel 4.6

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Peer Recognition, Culture and Going the Extra Mile

China Gorman

All these are good answers, but a new study from TINYpulse that analyzed over 200,000 employee responses relating to organizational culture found that peers and camaraderie are the #1 reason employees go the extra mile. As TINYpulse states, “Professional happiness encourages 3X more recognition!” What motivates employees? It is money?

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Employee Engagement: One Size Can’t Fit All

Julie Winkle Giulioni

Employee engagement is consistently one of the most discussed and written-about leadership topics. Engagement has been positively correlated with employee retention, customer service/satisfaction, productivity, and profitability. Understanding the vast diversity of engagement triggers and motivators is the first step.