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HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? Contents What is attrition rate?

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Employee compensation – what you need to know and why

Workable

Health insurance, life insurance, disability insurance, 401k matching, stock options, employee assistance programs, profit sharing, paid time off, sick days and additional incentives could all potentially be included in an employee benefits package and would count as compensation.

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Employers’ top wins and lessons of 2021 – and what they’re planning for 2022

Workable

That’s the spirit in the Big Quit environment, where employee retention is lauded as one of the biggest accomplishments of 2021 for many SMB employers. To think of it, the employee retention challenges faced by other companies have been big lessons for our business. Sally Stevens of FastPeopleSearch.io They also produce better output.

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How do you overcome the Big Quit as an employer?

Workable

Jobs in retail and healthcare are most at risk for high turnover due to the high demands and stress of working throughout the pandemic that caused irrevocable damage to employee loyalty. The tech industry also saw high turnover rates due to burnout , but they also had more competitive remote work options to turn to.

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5 ways to motivate employees without financial incentives

Workable

These percentages are a hard pill to swallow for employees who’ve grown accustomed to receiving healthy annual pay increases, along with on-the-spot bonuses. No doubt this projected decline in pay raises will have an impact on employee morale and could result in more employee turnover than anticipated.

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The Art of the Employee Referral: a complete guide with tips and examples

Workable

Employee referrals improve retention, as employees join a workplace where they’re already familiar with at least one person and know what to expect. Increased retention isn’t only about candidates; current employees who make successful referrals also tend to stay longer. … better culture fits. for hard-to-fill roles.

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Build a high-performing sales team: your comprehensive guide

Workable

Find out with Workable, the world's leading ATS. Find out with Workable, the world's leading ATS. The role of a sales team is multifaceted, encompassing everything from lead generation and customer acquisition through to account management and customer retention. The bonus acts as an incentive to achieve higher sales goals.