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How to Improve Retention: 10 Strategies to Support Employees and Reduce Turnover

15Five

Employee turnover is an increasingly significant challenge across nearly every industry, and the decline started well before the Great Resignation. A recent labor statistics study by LendingTree found that between 2012 and 2022, the median job tenure dropped almost 11%, from 4.6 What causes employee turnover? years to 4.1

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Tackling Turnover at Taco Bell

HRExecutive

As Taco Bell Vice President of People and Experience Bjord Erland explained yesterday during a session titled “Taco Bell Enhances Its People Strategy with a New Analytics Recipe” at this week’s WorldatWork Total Rewards Conference and Exposition , controlling turnover is major challenge for the firm. This was eye opening.

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7 Trends to Expect in 2015

Cielo HR Leader

As recruiters, talent acquisition professionals and leaders in HR, the importance of employee engagement, culture, job satisfaction and retention is often discussed. 2.) Improving employee retention. Do you believe greater focus by competitors on brand and retention should make companies “nervous” or perhaps inspire motivation?

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Is Your Company Suffering from High Attrition Rates?

Professional Alternatives

Replacing a worker can cost around 20 percent of their salary, according to a 2012 Center for American Progress study. Employees leave for a variety of reasons that are often unavoidable; however, a consistent trend of turnover is a signal that something isn’t working properly in the hiring process.

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In Healthcare, a Happy Staff Makes for Healthy Patients

Cornerstone On Demand

For instance, higher nurse engagement scores lead to lower patient mortality and complications, according to a recent Gallup study. This is especially true in healthcare, where the exodus of Baby Boomers and an acute nursing shortage has underscored the need for strong employee retention.

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Why You Need a New Strategy for Retaining Female Talent

Cornerstone On Demand

In fact, studies show that more than half of women who start out in Fortune 500s leave before they reach the executive level. In 2012, women held 14.3 Two recent high-profile studies have found that having even just one woman on a company's board correlates with significantly better performance. Why are women leaving?

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Driving me crazy: How bad commutes affect employee retention

Achievers

When we think about the issues that most affect employee happiness and turnover, we often overlook a major factor that actually takes place outside the office: the quality and length of an employee’s commute. The post Driving me crazy: How bad commutes affect employee retention appeared first on The Employee Success Blog.