Decusoft

NOVEMBER 5, 2021

A PayScale survey found that 51% of employees believe they aren’t paid fairly even if they’re at or above industry benchmarks. A survey by PayScale confirmed what many HR professionals already know: Money is not the complete solution for building employees satisfaction. And workers are confused. ADP reports that most U.S.

Compensation 52

Compensation Strategy Payscale Hiring Software 52

Affinity HR Group

OCTOBER 3, 2024

Companies that proactively increase wages are better positioned to reduce turnover and attract skilled workers. A recent Payscale survey asked participants how base pay increases were determined. Competitive wage growth is essential for retaining top talent in a tight labor market. Don’t be one of them!

Trends 40

Trends Bonuses and Incentives Retention and Turnover Compensation 40

HRsoft

DECEMBER 10, 2016

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?

Planning Tools 40

Planning Tools Compensation Retention and Turnover Payscale 40

Achievers

OCTOBER 20, 2020

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.

Bonuses and Incentives 262

Bonuses and Incentives Hiring Software Planning Tools HR Software 262

HRsoft

APRIL 5, 2016

By now, business leaders understand the importance of driving employee retention. For one thing, it’s critical for reducing turnover costs. But it turns out that employee retention is perhaps more important today than ever before. But retention, as demonstrated above, is a bigger problem than we may realize.

HR Software 40

HR Software Interview Software Planning Tools Retention and Turnover 40

Linkedin Talent Blog

JULY 10, 2022

And since the other firms near me are also required to share their salaries, there’s very little turnover at my company,” she added. Employers may not recognize some of the other benefits — from better employee performance to lower turnover rates — this practice can offer. to pass a mandatory pay transparency statute.

Retention and Turnover 49

Retention and Turnover Payscale Compensation Time and Attendance 49

Workify

MAY 6, 2022

There have been countless examples of employers small and large changing the payscale for remote workers, as they don’t absorb as many costs as someone going into a physical office to work. This may be in line with how the market values their roles and abilities, but it can still result in worker dissatisfaction and higher turnover.

Compensation 59

Compensation Assessment Software Retention and Turnover Payscale 59

Capterra

AUGUST 13, 2014

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.

HR Planning 75

HR Planning HR Software Hiring Software Payscale 75

Capterra

AUGUST 13, 2014

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.

HR Planning 75

HR Planning HR Software Hiring Software Payscale 75

Linkedin Talent Blog

JANUARY 28, 2019

Along with improving retention, talent acquisition, and employee productivity, flexibility can save you a ton of money on real estate: Dell has saved an average of $12 million a year with its flexible work program due to reduced office space requirements. Staying on top of these four trends can help you stay competitive in 2019 and beyond.

Sexual Harassment 56

Sexual Harassment AI Recruiting Report Harassment 56

SnackNation

NOVEMBER 23, 2015

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. All effective retention strategies must include a plan to develop great managers.

Case Study 72

Case Study Study Hiring Software Retention and Turnover 72