HR Digest

DECEMBER 2, 2023

With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important. How to Improve Employee Retention? million U.S. million each month.

Strategy 96

Strategy Retention and Turnover Planning Tools Onboarding Software 96

Terryberry

FEBRUARY 26, 2024

From productivity to culture to retention - research shows recognition programs continue to be a key factor in improving a range of business outcomes. Employee Recognition and Retention Statistics Employee recognition research supports that employee recognition is directly related to employee retention.

Employee Recognition 52

Employee Recognition HR Software Retention and Turnover Assessment Software 52

Terryberry

NOVEMBER 6, 2024

A study by Bersin & Associates found that organizations with effective recognition programs have 31% lower voluntary employee turnover rates. Globoforce research shows that companies with strategic recognition programs are 48% more likely to report high employee innovation. Here are specific ways to celebrate milestones: 7.

Assessment Software 52

Assessment Software Recruiting Software HR Software Background screening 52

HR Tech Girl

JANUARY 18, 2023

Bad onboarding experiences can set back employee development or increase turnover, so companies are putting more resources into the process. Implementing a formal onboarding program can result in 50% higher employee retention and 62% productivity increase within the same group. Some stats to help you fine-tune your onboarding process.

HR Software 52

HR Software Hiring Software Onboarding Software HR Planning 52

Interact-Intranet

JUNE 7, 2017

According to Bersin & Associates , companies with good recognition programs have 31% lower voluntary employee turnover. 68 percent of values-based programs perceived a positive impact on retention, vs. 41 percent for non-values-based programs. Source: Globoforce.

Employee Recognition 40

Employee Recognition Planning Tools HR Software Globoforce 40

Vantage Circle

SEPTEMBER 28, 2023

According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Non-monetary Rewards: These can range from verbal praise and certificates of achievement that make the employees feel valued and good for their work. Key Takeaways Understand what a recognition program is.

Employee Recognition 52

Employee Recognition Hiring Software HR Software Onboarding Software 52

Vantage Circle

OCTOBER 28, 2020

As companies struggle to find a way to deal with the global economic slowdown, the simple act of recognizing an employee in a meaningful and memorable way is the missing link that can heighten the productivity levels, lower employee turnover , and create a sense of belonging. Benefit 6: Employee Retention. Globoforce.

HR Software 59

HR Software Onboarding Software Planning Tools Employer Branding 59