Remove 2014 Remove Payscale Remove Retention and Turnover
article thumbnail

5 Things Every CEO Needs to Know About HR

HR Daily Advisor

Instead of functioning solely as a department dedicated to keeping your “human resources” in check (and in compliance), HR evolved to support the new demand for creating a thriving company culture and increasing not only performance, but also retention of top employees to minimize costs of churn, and create a highly-engaging environment.

article thumbnail

6 Ways to Keep Your Best People

Zenefits

Employee turnover is expensive, and employers are being left with the bill. based small businesses, 81% of business owners agree that employee turnover is a costly problem. If you’re experiencing high turnover right now, or want to prevent it from happening at your company, here are some strategies. Think again.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Using Compensation Planning to Improve Engagement & Retention

HRsoft

How Can Compensation Planning Help Improve Engagement & Retention? Disengaged employees are less motivated, less productive and over time, are more likely to leave the company for better opportunities elsewhere, thus creating high turnover rates. Why I s Compensation Planning A Relevant Retention Strategy?

article thumbnail

The 14 Top HR stats for 2014

Capterra

When should you institute efforts to reduce employee turnover? Source: PayScale ) <<Tweet this stat. 57% of organizations view employee retention as a problem. Source: PayScale ) <<Tweet this stat. Source: PayScale. The costs of employee turnover range from 30% to 150% of the employee’s salary.

article thumbnail

The 14 Top HR stats for 2014

Capterra

When should you institute efforts to reduce employee turnover? Source: PayScale ) <<Tweet this stat. 57% of organizations view employee retention as a problem. Source: PayScale ) <<Tweet this stat. Source: PayScale. The costs of employee turnover range from 30% to 150% of the employee’s salary.

article thumbnail

Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Improves employee retention. Bose, Trivago, Dyson, Wetransfer, PayScale, Crocs, Fujitsu. Content Booster. Publishing Studio. Content analytics. Content sources.

article thumbnail

How to Retain Employees: 13 Practical Takeaways from 5 Case Studies

SnackNation

According to a 2014 attrition survery by consulting firm Mercer , voluntary turnover is up 5% since 2011. All this turnover, of course, is expensive. As important as turnover is, you’d think there would be a plethora of great advice on the subject. What more could I be doing to keep them? Case Study #1 Netflix.