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5 Myths About Employee Retention

Linkedin Talent Blog

There are three things that should matter most to hiring professionals right now — retention, retention, retention. A cost-of-living crisis coupled with a herky-jerky economy in which resignations far outnumber workforce reductions is causing a surge in employee turnover. But mostly turnover is expensive.

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Compensation and Benefits

Analytics in HR

HR uses compensation to attract top talent and boost retention rates. According to a survey by Future Forum , 95% of respondents care more about flexible hours than remote work, while a report by Adobe found that 84% of enterprise employees would like some flexibility. This money is subject to taxation.

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10 Employee Incentive Programs to Engage Your Team

Achievers

If so, you probably saw the effects in the form of greater turnover ? low morale can lead to high turnover rates and low productivity, and ultimately, disengagement has a negative impact on your bottom line. A survey conducted by Payscale found that 65 percent of U.S. especially among your top performers ? Bonuses and raises.

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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. Yelp, McDonalds, AirBnB, Etsy, Adobe, Greenhouse, Oracle.