EmployeeConnect

AUGUST 27, 2024

Employee turnover is a significant challenge for businesses across the globe, particularly in today’s competitive job market. High turnover rates can lead to increased recruitment and training costs, disruption of team dynamics, and a loss of valuable organisational knowledge.

HR Software 130

HR Software Hiring Software Onboarding Software Recruiting Software 130

Semos Cloud

JULY 10, 2020

Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates.

Retention and Turnover 52

Retention and Turnover Employee Recognition Staffing Software HR Software 52

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

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Retention and Turnover HR Planning Onboarding Employee Recognition 244

Analytics in HR

JULY 22, 2024

Employee relations metrics measure employee engagement, satisfaction, and retention, as well as overall workplace culture. Companies that prioritize employee relations and create supportive work environments generally see better results in all aspects. HR tip Measure employee engagement often.

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Employee Relations Metrics Hiring Software Onboarding Software 105

Hppy

MAY 6, 2024

In their next positions, consultants said they are looking for better salaries, more challenges and a better culture in the company. Image by freepik What is Employee Turnover? Turnover rate refers to the rate at which employees leave and must be replaced with new staff. What causes Employee Turnover?

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Retention and Turnover Wage and Hour Training Employee Recognition Career Development 103

Empuls

OCTOBER 9, 2023

Healthcare employee turnover:  stats & facts Healthcare employee turnover refers to the rate at which healthcare workers leave their jobs within a given time frame, either voluntarily or involuntarily, and are replaced. Here are some facts sheding light on the problem of turnover in healthcare industry.

Hiring Software 52

Hiring Software Staffing Software Recruiting Software Planning Tools 52

ClearCompany HRM

JULY 28, 2022

This post was originally published in October 2019 and updated in July 2022 to reflect new information about how employee recognition impacts employee engagement and productivity. According to a recent Gallup poll , we’re in an employee engagement slump: only 32% of U.S. 18% lower turnover for high-turnover companies.

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ClearCompany Employee Engagement Hiring Software Productivity 431

Terryberry

OCTOBER 24, 2024

A successful recognition program doesn't happen by chance or even by well-meaning but directionless efforts from your HR team - it becomes a reality when you take into account the employee recognition criteria that define an effective program. Let's talk about what best practices make up a strong recognition and rewards program.

Employee Recognition 52

Employee Recognition Assessment Software Hiring Software Interview Software 52

Achievers

JANUARY 26, 2021

The employee turnover rate across all industries is 10.9 When you receive notice from a talented, productive team member – someone you were happy to hire and who has moved your company forward in a good way – you may wonder whether you could have done something better. Do your employees feel engaged? .

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Retention and Turnover Hiring Software Planning Tools Recruiting Software 314

Fond

AUGUST 27, 2020

Employees are to a company as food is to a body. Beyond being essential to its very operation, great employees lend your business a significant advantage when it comes to long-term organizational success. This article will equip you with five impactful employee retention strategies to help fight turnover at your company.

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Retention and Turnover Hiring Software HR Planning Planning Tools 128

Achievers

MAY 20, 2021

Companies and employees are at a critical crossroad. For the last year, employees have operated in crisis mode as a result of the pandemic. In fact, employers may soon see a turnover “tsunami” —a mass exodus of employees quitting their jobs after the pandemic ends. Ready to make your case?

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Employee Recognition Strategy Retention and Turnover Workday 225

Vantage Circle

FEBRUARY 25, 2024

We all know that employee recognition is all about appreciating and rewarding the hard work and achievements of your employees. But do you know why is employee recognition important? Employee Recognition serves as a fundamental cornerstone for organizational success. So, let’s dive in!

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Employee Recognition Examples Retention and Turnover Hiring Software 97

Empuls

NOVEMBER 15, 2024

Did you know that organizations with robust employee recognition programs can see a 31% lower turnover rate ? In an age where employee satisfaction is paramount, finding effective ways to acknowledge hard work is more important than ever. This clarity can guide their efforts and align them with company goals.

Employee Recognition 52

Employee Recognition Hiring Software Assessment Software Planning Tools 52

15Five

JANUARY 17, 2023

From Apple’s revolutionary smartphone to Ford reinventing the automobile, human brilliance and dedication is the only way companies accomplish amazing things. We know turnover is expensive, but its costs aren’t just financial — they manifest as lost productivity, lowered innovation, weakened team bonds, and reduced agility.

Hiring Software 130

Hiring Software Retention and Turnover HR Planning Onboarding Software 130

Vantage Circle

MAY 15, 2024

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. to 2 times an employee's annual salary. Let's dive in!

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Employee Recognition Trends Retention and Turnover Hiring Software 89

Hppy

JUNE 26, 2024

Employee recognition programs have long been a cornerstone of effective human resource strategies. Recognizing employees for their hard work and dedication is key to fostering motivation, enhancing retention, and boosting overall morale. Encouraging employees to perform at their best. Retention rates.

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HR Software Employee Recognition Planning Tools Assessment Software 91

Analytics in HR

OCTOBER 26, 2022

Which is why employee recognition matters. According to a study by the Society for Human Resource Management , employee morale is the single most important predictor of employee engagement. Talent attraction and retention. Recognition is a powerful tool for improving productivity. Lower turnover rate.

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Employee Recognition Retention and Turnover Hiring Software Metrics 121

HR Morning

NOVEMBER 25, 2019

But that doesn’t mean you can relax with your employee retention efforts. At the same time, your company and your competitors are trying to make the most of the current economic upswing while it lasts and are still hunting for the best workers. That creates a double-edged employee retention problem for employers.

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Employee Recognition Retention and Turnover Onboarding Software HR Software 85

Achievers

JANUARY 21, 2020

How can you ensure your employee recognition program is successful ? Your employees may be aware of the program, but awareness alone won’t magically improve their performance and engagement. More than 80 percent of American employees say they do not feel recognized or rewarded, despite the fact that U.S. General Motors

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Employee Recognition Retention and Turnover How To System 195

Vantage Circle

AUGUST 20, 2024

Crafting an employee recognition letter is more than just acknowledging tasks; it's about celebrating the human spirit behind the effort. In this blog, explore five heartfelt letters that capture the essence of recognition and its power to foster belonging and appreciation. What is an employee recognition letter?

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Employee Recognition Retention and Turnover Report Company 79

Vantage Circle

APRIL 23, 2024

Employee recognition events go beyond mere celebrations; they are pivotal drivers of engagement, morale, and success. Thus, creating impactful recognition events requires thorough planning and exploration. Join us to elevate employee recognition and unleash your employees' full potential.

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Employee Recognition Retention and Turnover Hiring Software Planning Tools 68

Rallyware for Human Resources

MARCH 7, 2023

Layoffs are highly disruptive to workplaces and can have serious consequences for key productivity levers like employee morale, motivation, and engagement. But the benefits of employee recognition extend beyond moments of crisis (although these are exceptional testing grounds for their efficacy).

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Employee Recognition Retention and Turnover Planning Tools Employee Engagement 98

Terryberry

JUNE 14, 2022

There are more and more companies committing to developing employee recognition programs. But these programs aren’t always simple to implement - there are plenty of pros and cons of employee recognition programs. Pros of Employee Recognition Programs. Happier Employees, Higher Productivity.

Employee Recognition 98

Employee Recognition Retention and Turnover Employee Engagement Study 98

Terryberry

OCTOBER 16, 2024

Want to boost employee engagement and motivation? This guide on employee recognition best practices covers essential strategies to help you succeed. From defining clear program objectives to involving leadership and integrating recognition into everyday work, these tips will make your recognition efforts impactful.

Employee Recognition 52

Employee Recognition Assessment Software Bonuses and Incentives Retention and Turnover 52

Vantage Circle

JUNE 8, 2024

Gamification in employee recognition has emerged as a revolutionary approach in enhancing employee engagement and performance. As employees earn rewards and climb leaderboards, they experience a sense of accomplishment and belonging, which in turn boosts morale and productivity. How to Gamify Your Recognition Program?

Employee Recognition 85

Employee Recognition HR Software Retention and Turnover Employee Engagement 85

Terryberry

JULY 8, 2022

Between a global pandemic, the Great Resignation , and corporate Burnout on the rise, HR departments everywhere are rethinking their retention strategies. And one thing that’s becoming more evident than ever is the link between employee recognition and employee retention. General Employee Recognition Statistics.

Employee Recognition 98

Employee Recognition HR Software Retention and Turnover Employee Engagement 98

Empuls

MAY 29, 2024

MGM Grand 1 , a Las Vegas hospitality company, realized the need to enhance employee engagement by following a value-driven employee recognition program. In its approach, the company successfully streamed employee satisfaction surveys, which showed an increase from 87.5% in 2005 and a turnover rate of 11.4%.  

Employee Recognition 52

Employee Recognition Assessment Software Recruiting Software Planning Tools 52

Peoplebox

SEPTEMBER 17, 2024

Companies’ year-on-year turnover rates will be 50-70% higher in the future. The increased hiring time will raise recruiting costs while losing important employees will disrupt teams, delay projects, and hurt morale. This blog shares top employee retention software from which you can choose the best for your business.

HR Software 52

HR Software Hiring Software Onboarding Software Planning Tools 52

EmployeeConnect

JULY 11, 2023

If you find yourself constantly wondering why your employees are leaving and never returning, it may be time to reassess your approach to employee retention. The presence of a high employee turnover rate clearly indicates that there are issues that need to be addressed in your workplace.

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Retention and Turnover Employee Recognition Coaching Wellness 130

Bonusly

NOVEMBER 1, 2022

So in the spirit of the season, let’s explore the joys of both sides of employee recognition —giving and receiving it. To learn more about building a culture that reaps the rewards of both receiving and giving recognition, check out our Complete Manager's Guide to Employee Recognition.

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Employee Recognition Retention and Turnover Employee Engagement Report 116

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

Achievers

MARCH 4, 2020

We’ve all faced retention struggles : turnover, absenteeism, low morale and sluggish productivity. But if you already offer competitive compensation, what else can you do to make employees want to stay? Employees join your company to make a living, but stay for the recognition.

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Retention and Turnover Employee Recognition Tools Software 217

Bonusly

SEPTEMBER 22, 2022

Do you believe employee recognition is given out fairly and frequently at your company? in 2019 found that 89% of executive-level leaders believed recognition was doled out fairly at their companies, whereas only 62% of people in intermediate positions believed that to be true. Employee turnover and retention.

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Employee Recognition Retention and Turnover How To Employee Engagement 98

Zenefits

JULY 8, 2019

But according to new research of more than 600 US businesses with 50-500 employees, 63.3% of companies say retaining employees is actually harder than hiring them. . The consequence of under-servicing clients or customers at small or mid-businesses is far more severe than larger companies. How to retain employees, longer.

Retention and Turnover 39

Retention and Turnover Hiring Zenefits Staffing 39

Inward Consulting

MAY 15, 2023

The Importance of Employee Recognition: Top 5 Reasons Employee recognition plays a crucial role in fostering a positive work environment and driving employee engagement and productivity. In this article, we will explore the top five reasons why employee recognition is important in today's workplace.

Employee Recognition 79

Employee Recognition Retention and Turnover Benchmarking Recruiting Software 79

HR Lineup

JANUARY 4, 2022

What’s worse is that employees also know that they have an increased chance of finding similar jobs if they get fired or decide to quit. In this regard, we have prepared this article to take you through the 2022 employee turnover and retention trends. Set Employee Recognition Programs.

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Retention and Turnover Trends Hiring Software Planning Tools 77

HR Bartender

MARCH 31, 2017

Some companies have configured their office space to have “no doors”. Employees work at communal tables. This open office concept has been seeing some backlash lately, but many companies swear by it as a way to encourage collaboration. Finally, some companies have the “revolving door”. Employee recognition and rewards.

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Retention and Turnover Kronos Company Onboarding Software 150