EmployeeConnect

MARCH 29, 2023

The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. This can ultimately impact the company’s bottom line by reducing productivity, increasing turnover, and damaging the employer’s brand.

Strategy 130

Strategy Trends Video Recruiting Recruiting Software 130

HR Lineup

MAY 10, 2024

Employee turnover continues to pose significant challenges for businesses in 2024, particularly amidst evolving workplace dynamics and shifting employee expectations. High turnover rates can adversely affect organizational performance, morale, and overall productivity. Strategies for Reducing Employee Turnover 1.

Retention and Turnover 85

Retention and Turnover Strategy Interview Software Assessment Software 85

Professional Alternatives

JULY 27, 2023

By investing in staff development, businesses can empower their workforce to take on new challenges, enhance their productivity, and contribute to the overall growth of the company. Staff development programs also foster employee engagement and retention, as employees feel valued and supported in their personal and professional growth.

Compliance Training 52

Compliance Training Retention and Turnover Career Development Competencies 52

Vantage Circle

JULY 9, 2024

This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment. Companies with high retention rates enjoy a plethora of advantages, from substantial cost savings to enhanced productivity and a stronger company culture.

Retention and Turnover 89

Retention and Turnover Hiring Software Onboarding Software Employer Branding 89

Empuls

AUGUST 20, 2024

Imagine a company, grappling with high turnover. They invest in a solid retention strategy, reducing turnover costs by 50%. This illustrates how effective retention programs not only cut costs but also enhance employee commitment and business success. What Is Employee retention? The result?

Retention and Turnover 52

Retention and Turnover Hiring Software Onboarding Software Strategy 52

Intoo USA

SEPTEMBER 7, 2023

In this blog post, we will explore the significance of employee benefits communication, five effective ways to communicate benefits, and strategies to leverage these benefits for both recruitment and employee retention purposes. Why Is Employee Benefits Communication Important for Retention?

Employee Benefits 194

Employee Benefits Video Recruiting Hiring Software Onboarding Software 194

Hppy

APRIL 17, 2023

Employee retention is a critical issue for many companies. High turnover rates can be costly, both in terms of financial resources and the negative impact on team morale and productivity. One effective strategy for improving employee retention rates is investing in employee development.

Retention and Turnover 91

Retention and Turnover Compliance Training Case Study Bonuses and Incentives 91

Hppy

APRIL 16, 2024

From recruitment to retention, every stage of an employee’s journey presents opportunities to instill a culture of cybersecurity consciousness. Incorporating gamification elements into training modules can enhance engagement and knowledge retention among employees.

Recruiting Software 91

Recruiting Software HR Software Hiring Software Recruitment 91

PCS

JANUARY 17, 2023

There are online workshops and seminars that educate stakeholders about labor market trends and employment techniques. Likewise, employee retention has a vital role in a company’s success. Resources for training and career development are wasted if there is a high employee turnover.

Staffing Software 52

Staffing Software Staffing Compliance Training HR Software 52

Engagedly

AUGUST 14, 2024

Employee retention is four times higher in a company where managers possess strong emotional intelligence (EI), according to research. For managers looking to enhance working conditions and lower turnover rates, these abilities are essential. The significance of EI in the workplace is highlighted by this substantial association.

Retention and Turnover 52

Retention and Turnover Case Study Exercises Study 52

EmployeeConnect

APRIL 10, 2024

HR professionals should use exit interviews as a tool for understanding trends and patterns in turnover, identifying systemic issues that may be contributing to employee dissatisfaction, and informing strategic initiatives aimed at enhancing employee engagement and retention.

Interview Software 246

Interview Software HR Software Retention and Turnover Planning Tools 246

6Q

APRIL 23, 2023

In this article, we explain how to get better employee retention. On average, companies spend almost $30,00 per employee, and if it doesn’t work out, the costs increase even more: employee turnover costs companies $15,000,000,000 a year. Here are the most common reasons: Lack of opportunities for career growth.

Hiring Software 104

Hiring Software Onboarding Software Retention and Turnover Recruiting Software 104

Peoplebox

MAY 20, 2024

In this article, we’ll show you how to build an effective employee retention strategy, along with 10 tried and tested employee retention strategies that you can get started on today. Why Does Employee Retention Matter? Top Reasons Why Employees Leave Jobs What causes high turnover? Let’s find out.

Retention and Turnover 52

Retention and Turnover Hiring Software Interview Software Onboarding Software 52

Hppy

JULY 5, 2023

Some would argue that HR and finance are two departments that play the biggest role in employee retention (other than individual teams and team leaders). Now, the simplest and the most effective way to show them they’re going somewhere is to invest in their training and development. Here’s how. Image by katemangostar on Freepik 1.

HR Software 91

HR Software Hiring Software Onboarding Software Bonuses and Incentives 91

Terryberry

APRIL 9, 2024

Employee retention is a hot topic in the world of human resources. It's no secret that employee turnover can be costly for businesses - both in terms of money and lost productivity. Without engagement, retention becomes even more of a challenge. What is Employee Retention and Why is it Important?

Hiring Software 52

Hiring Software Strategy Recruiting Software Onboarding Software 52

Papirfly

AUGUST 20, 2024

However, when you consider that the average worker changes roles 12 times throughout their career, losing good employees seems like an expensive inevitability. But how do you build an employer brand that can support your ambitious talent retention efforts? No company can realistically achieve a ‘clean sheet’ when it comes to retention.

Employer Branding 52

Employer Branding Hiring Software Onboarding Software Recruiting Software 52

Intoo USA

FEBRUARY 16, 2023

Provide formal training and career development First, employers can provide formal training and development opportunities for new managers. Such reviews can be damaging to an organization’s employer brand and affect retention and future talent acquisition.

Compliance Training 180

Compliance Training Training Retention and Turnover Career Development 180

Peoplebox

MAY 1, 2024

Though this number will change based on what industry you’re looking at employee turnover is at a general all-time high gradually increasing by the year. Companies that care—and invest in strategic retention plans—will manage to hold on to their employees while others will not. What are the Consequences of a High Turnover Rate?

Hiring Software 52

Hiring Software Strategy Retention and Turnover Talent Experience 52

Peoplebox

MAY 1, 2024

Though this number will change based on what industry you’re looking at, employee turnover is at a general all-time high, gradually increasing by the year. Companies that care—and invest in strategic retention plans—will manage to hold on to their employees while others will not. What are the Consequences of a High Turnover Rate?

Hiring Software 52

Hiring Software Strategy Retention and Turnover Talent Experience 52

Vantage Circle

JANUARY 31, 2024

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. Let's dive into the world of employee retention surveys, unveiling their potential to transform workplace dynamics and employee satisfaction.

Survey 59

Survey Planning Tools Retention and Turnover Assessment Software 59

Primalogik

SEPTEMBER 3, 2020

No HR team wants to deal with turnover. Employee turnover can have serious impacts on a company in terms of both time and money—so every HR manager must learn how to minimize it. Turnover cost in time and money. The cost of turnover varies by an employee’s job level and amount of expertise. How to reduce turnover.

Retention and Turnover 69

Retention and Turnover Recruiting Software Compliance Training Onboarding Software 69

Hppy

SEPTEMBER 6, 2024

In the next 10 minutes, you’ll know how to build positive relationships with your employees , reduce turnover rates, and be ready to develop future leaders at work. This means that through continuous improvement, you’re creating a more loyal and committed team, while also cutting down on the costs and challenges of turnover.

Hiring Software 172

Hiring Software Talent Management Onboarding Software Planning Tools 172

Empuls

DECEMBER 18, 2023

Employee retention is a critical factor in the success of insurance companies.    Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. The talent war for these professionals can drive turnover rates.

Retention and Turnover 40

Retention and Turnover Hiring Software Onboarding Software Bonuses and Incentives 40

HR Lineup

SEPTEMBER 24, 2024

In today’s dynamic workforce, HTR has gained prominence due to its emphasis on improving employee experience, driving employee retention, and supporting business objectives through better management of human resources. Effective onboarding leads to higher employee satisfaction and retention.

Hiring Software 80

Hiring Software AI Recruiting Onboarding Software Recruiting Software 80

Julie Winkle Giulioni

OCTOBER 26, 2021

And spookiest of all is the specter of unwanted and uncontrollable turnover. Leaders who are surviving the gruesome effects of the great resignation tend to embody three characteristics that create an attractive, attrition-resistant environment: curiosity, care, and a focus on career development. Career Development.

Career Development 126

Career Development Retention and Turnover Talent Experience Planning Tools 126

HR Lineup

JUNE 24, 2024

The Concept of Employee Magnetism Employee magnetism is built on the foundation of several key principles: attractive company culture, competitive compensation and benefits, career development opportunities, strong leadership, and an inclusive workplace environment. Mentorship Programs: Guidance and support from experienced colleagues.

Hiring Software 86

Hiring Software HR Software Planning Tools HR Planning 86

Vantage Circle

AUGUST 29, 2024

A strong and positive culture can ignite motivation, foster loyalty, and drive productivity, while a misaligned or toxic culture can quickly lead to disengagement and high turnover. Retention and Loyalty Culture is what motivates and retains talented employees. As per research, disengaged employees are 2.6x

Employee Engagement 83

Employee Engagement Company Retention and Turnover Hiring Software 83

ExactHire

FEBRUARY 24, 2022

Even the most profit-focused executive understands the high cost of low retention. Create a career development plan for employees. You can increase engagement and reduce turnover by supporting your employees’ career development goals. Considering sponsoring employees for paid certifications and workshops.

HR Planning 246

HR Planning Hiring Software HR Software Video Recruiting 246

HiBob

JANUARY 25, 2024

A lack of career development and advancement, according to a 2022 McKinsey study. Resolving the issue could save American businesses US$1 trillion a year in turnover costs. It’s why planning for the individual success of your people—also known as career pathing—is essential for your organization’s success.

Assessment Software 78

Assessment Software Planning Tools HR Software Recruiting Software 78

HR Lineup

MAY 7, 2024

Engaging: Employee engagement is essential for maintaining high levels of productivity, satisfaction, and retention. Organizations can promote engagement through various initiatives, such as fostering a positive work environment, providing opportunities for skill development, and promoting work-life balance.

Hiring Software 84

Hiring Software Assessment Software Recruiting Software Retention and Turnover 84

Analytics in HR

AUGUST 19, 2024

It aims to incentivize employees by meeting their needs, resulting in greater employee productivity and retention. The strategy takes into account the full employee lifecycle, from recruitment and onboarding to daily work experiences, career development, and offboarding. Why is a good employee experience strategy important?

Talent Experience 113

Talent Experience Hiring Software Onboarding Software Strategy 113

Blu Ivy Group

NOVEMBER 4, 2024

Here’s What You Need to Know Employer branding aligns leadership, culture, and employee experience with business goals—boosting retention, engagement, and reputation while reducing hiring costs. A strong employer brand reduces hiring costs, increases retention, and positions your organization as a premier destination for talent.

Employer Branding 52

Employer Branding Hiring Software Recruiting Software Retention and Turnover 52

Empuls

APRIL 25, 2024

Employee retention is crucial in this competitive market. Employee retention refers to an organization's ability to keep its valuable employees.   High turnover can also damage your company culture and employer brand.  Did you know how PepsiCo energizes and retains its employees?  

Onboarding Software 40

Onboarding Software Hiring Software Recruiting Software HR Software 40

HR Lineup

JULY 25, 2024

Talent Acquisition and Retention Talent Acquisition: Employer Branding: Creating a strong employer brand that attracts high-quality candidates by highlighting the organization’s culture, values, and benefits. High turnover rates can indicate issues with employee satisfaction, engagement, or fit within the organization.

HR Software 52

HR Software Hiring Software Assessment Software Onboarding Software 52

Vantage Circle

NOVEMBER 15, 2024

Turnover Rate: This metric sheds light on the percentage of employees who leave companies at a particular period. A spike in turnover rates implies that employees are unhappy and disengaged in the organization, with no scope for growth opportunities. A lower turnover will fetch you high ROI from your engagement initiatives.

Employee Engagement 52

Employee Engagement Hiring Software Assessment Software Onboarding Software 52

Staffbase

SEPTEMBER 4, 2024

Moreover, companies with high engagement levels typically experience lower turnover rates, which is crucial in today’s competitive talent market. The result is higher engagement and lower turnover rates. Many companies are investing in ongoing DEI education, such as unconscious bias training and cultural competency workshops.

Trends 52

Trends Hiring Software Retention and Turnover Planning Tools 52

Intoo USA

JUNE 16, 2021

When you don’t offer employee-focused services, you risk low workforce morale, engagement, and productivity by neglecting their mobility and career development. But if you don’t offer your employees an internal career path, career development tools , upskilling opportunities, and transparency around job openings, you may lose them.

Employer Branding 230

Employer Branding Hiring Software Outplacement Interview Software 230