Vantage Circle

DECEMBER 19, 2023

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. High employee turnover is costly and disruptive. This article explores these employee retention metrics. We’ll look at key metrics to track, as well as calculations, best practices, case studies, and more.

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Homebase

JULY 13, 2023

A lack of flexibility in your business can lead to reduced employee morale, increased stress, and high staff turnover, which adds significantly to your labor costs. Employee retention and attraction Many workers love flexible work arrangements, which help you find and keep committed, appreciative staff.

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Digital HR Tech

JANUARY 23, 2019

If you like case studies, this is the event for you! The event puts emphasis on successful case studies of big companies that efficiently implemented HR Analytics. Worth mentioning is the strict practitioner-only policy adopted by the i4cp (Institute for Corporate Productivity). Register here. Register here.

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Semos Cloud

MARCH 9, 2023

In this blog post, we’re going to talk about the impact of employee recognition on retention and talent attraction. percent of total nonfarm employment , according to the Centre for Economic Policy Research. This paves the way for an internal labor market that will make the company more resilient to workforce challenges and turnover.

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AssessTEAM Performance Management

OCTOBER 23, 2024

Their objective was to create a more favorable work environment that could boost employee morale, increase engagement , and ultimately improve retention. The firm also introduced open-door policies and regular feedback sessions, which significantly improved transparency and trust​.

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Analytics in HR

SEPTEMBER 5, 2018

Case study. Here, I would like to take you through the study we conducted at two large multinationals looking at employee retention specifically. For instance, the sector of the blue organization is characterized by high turnover, with talents frequently moving between competing organizations.

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Bonfyre

MAY 2, 2022

It’s also important to know that industries with deskless workers experience very high turnover – which is inevitable when employees are disengaged and do not feel connected to their company. Low employee engagement often leads to high employee turnover. Please indicate if you are in the EU (GDPR).

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i4cp

JULY 20, 2016

Insight leads to the next step, action , by influencing decision makers, who then take action in the forms of policy or process change, or new programs, for example. This case study is an excerpt from the i4cp report The Promising State of Human Capital Analytics and this is where they started to see huge differences.

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Bonfyre

AUGUST 11, 2022

It’s important to keep this in mind, especially in the manufacturing industry, where turnover rates are typically high. The 2021 Bureau of Labor Statistics (BLS) reports an average turnover rate near 40% for manufacturing companies. Yes, sign me up to receive tips, case studies, and other helpful materials!

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HR Lineup

JULY 30, 2024

Employee retention is a critical challenge for organizations across industries. High turnover rates can lead to increased costs, decreased morale, and disruptions in productivity. To address this issue, many companies are turning to employee retention software, which uses advanced technologies to help retain top talent.

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UpstartHR

AUGUST 22, 2016

In talking with HR leaders at organizations both large and small, the best way to explain this is through a good use case. Patagonia Case Study: On-Site Child Care Check out the data below, emphasis mine on the key data point. I read about the example below from Patagonia and knew I needed to share it here.

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Visier

SEPTEMBER 26, 2017

Older workers tend to be more loyal, and an over-representation of millennials in the workforce can impact retention. Legal issues aside, designing a recruitment strategy around younger generations can be shortsighted from a business perspective.

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Visier

SEPTEMBER 26, 2017

Older workers tend to be more loyal, and an over-representation of millennials in the workforce can impact retention. Legal issues aside, designing a recruitment strategy around younger generations can be shortsighted from a business perspective.

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Analytics in HR

JUNE 11, 2024

Higher revenue and profit: Gallup found that organizations prioritizing employee development report 11% greater profitability and improved employee retention. These include tracking overall productivity, goal achievement, employee engagement, and retention rates. You can also measure other relevant metrics.

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Analytics in HR

MARCH 27, 2024

From recruitment and retention approaches to leadership development and policy implementation, DEIB enhances organizations’ functions. This will lead to higher retention rates and greater stability within the workforce. Analyzing DEIB metrics can help identify areas of improvement and prioritize initiatives accordingly.

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Visier

SEPTEMBER 26, 2017

Older workers tend to be more loyal, and an over-representation of millennials in the workforce can impact retention. Legal issues aside, designing a recruitment strategy around younger generations can be shortsighted from a business perspective.

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Hppy

JANUARY 17, 2023

High turnover rates can lead to increased costs, a loss of institutional knowledge, and a decrease in overall productivity. The significance of employee retention in the current business environment. Benefits such as health insurance, retirement plans, and paid time off also play a key role in employee retention.

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Cupa HR

JANUARY 17, 2024

Turnover reached a peak, prompting more attention than ever to retention and recruitment, while looming policy changes in overtime pay and Title IX regulations further complicated long-term planning. The report also digs into the factors that most impact retention, offering a model for understanding higher ed retention.

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Typelane

OCTOBER 11, 2019

Not only onboarding improves retention rates by more than 82% but also improves productivity by over 70%. Employee engagement is critical in improving retention rates and reducing hiring costs. Employees at Microsoft who are paired with a mentor or “buddy” are more productive in 97% of the cases studied.

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Asure Software

JUNE 13, 2016

Because employee turnover costs can be crippling for companies, it is necessary to thoroughly track and measure retention rates. There are many factors that influence employee retention and turnover. The post The Value of Retention: Hiring and Keeping Employees for the Long Haul appeared first on Asure Software.

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Linkedin Talent Blog

MAY 22, 2022

But there are plenty of other reasons why retention matters. High employee retention means that teams are stable, passionate, and qualified. High employee retention means that teams are stable, passionate, and qualified. We’ve come up with 30 high-impact steps that you can take to improve your retention.

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HR Tech Girl

APRIL 12, 2023

Through employee listening—the process of collecting, analyzing, sharing, and acting on employee feedback—we were able to reduce our voluntary turnover by 8%, achieve a 100% response rate on our annual engagement survey, and recruit and retain top talent. A quick case study. The female turnover rate had reduced by around 50%!

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Empuls

APRIL 26, 2023

Employee turnover is one of the most important issues confronting retailers today. According to LinkedIn , the average retail turnover rate is one of the top turnover rates besides accommodation and entertainment. What is the retail turnover rate? Turnover rates are often calculated annually or quarterly by companies.

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Bayzat

JULY 15, 2024

I have read and agree to the Privacy Policy 3 – Encouraging Regular Breaks to Prevent Burnout Encouraging regular breaks throughout the workday is a proactive approach to maintaining high performance levels and preventing employee burnout. When employees ask for feedback, it’s a sign of a healthy workplace environment.

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Analytics in HR

JULY 12, 2024

HR case management HR case management refers to the process that a company’s HR department has in place to resolve the questions and inquiries that employees send to them. On the other hand, they can significantly improve the employee experience by responding 24/7 to employee queries about, for example, leave policies or benefits.

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HR Lineup

NOVEMBER 29, 2023

It is a comprehensive program designed to introduce new hires to the company culture, policies, procedures, and their roles and responsibilities. It encompasses a range of activities designed to familiarize new employees with the company’s mission, vision, values, policies, and work environment.

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Empuls

SEPTEMBER 20, 2024

By offering well-structured rewards—whether monetary bonuses, recognition programs, or flexible work arrangements—companies can foster a positive work environment that drives employee satisfaction and retention. Negative: Employees may overwork themselves, leading to low job satisfaction and potentially high turnover rates.

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HR Daily Advisor

APRIL 28, 2015

In yesterday’s Advisor , BLR® Legal Editor Holly Jones, JD, presented new National Labor Relations Board (NLRB) guidelines for employee handbooks; today, we share the rest of Jones’s analysis, including specific examples of proper wording of policies—and ways to effectively revise unlawful phrasing. NLRB General Counsel Richard F.

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Spark Hire

OCTOBER 8, 2018

According to a 2018 case study , the opportunity for learning is limited by these cultural and social differences. The case study found this third space stimulates critical thinking, develops knowledge, and helps students open up to different perspectives.

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Homebase

JULY 29, 2024

Do you need to increase employee retention? Flexible scheduling can boost job satisfaction, leading to lower turnover rates, and saving you time and money on hiring and training. This collaborative approach ensures that the policy you develop is practical and tailored to each department’s needs. Get buy-in from decision makers.

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Chief Learning Officer - Talent Management

MARCH 30, 2020

To ensure authenticity, case studies and scenarios derived from the organization should be incorporated into the program. Don’t forget the importance of carefully editing these case studies so no one can identify any of the characters in the scenario.) Change Starts Now. Unconscious bias is insidious and ubiquitous.

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Analytics in HR

JUNE 7, 2021

” Your employer brand is built on multiple factors, including the policies, programs, rewards, and benefits and perks you offer prospective candidates and existing employees. An organization with a strong employer brand experience can experience: 28% reduction in employee turnover rates. Case study: Goldman Sachs.

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HR Lineup

SEPTEMBER 17, 2024

Impact: Pay inequality creates financial disadvantages and contributes to a lack of long-term job satisfaction, retention issues, and disengagement from the company. Without clear policies, programs, or leadership commitment to DEI, these employees may face greater challenges and discrimination.

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HR Lineup

MARCH 4, 2024

In today’s data-driven world, Human Resources (HR) departments play a crucial role in leveraging analytics to make informed decisions about hiring, employee engagement, retention, and overall workforce management. The course also covers case studies and practical exercises to help participants develop actionable insights from HR data.

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Littal Shemer

APRIL 19, 2018

In this blog I share my key takeaways from the conference 2 nd day sessions, case studies and demos, in which I participated. #1. Impact : Understand employee experience to address turnover intentions, and prevent regrettable losses before they happen. Key note : People Analytics role in navigating into the future of work.

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TalenX

APRIL 16, 2020

Written by the CEO and chairman of Gallup, Jim Clifton, as well as the chief scientist of workplace management and well-being for Gallup, Jim Harter, the book dives deeply into 52 important findings from Gallup’s largest global study of the future of work. No one likes high employee turnover. Lisa Guerin J.D.’s

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Analytics in HR

FEBRUARY 8, 2024

Case study example Girls in Tech is a global non-profit organization committed to closing the gender gap by developing female talent in the technology sector. For organizations, this results in retention challenges for crucial talent and a lack of diversity and inclusion. The WEF reports that out of 146 countries, only 68.4%

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