Remove Compensation Remove Employee Recognition Remove Retention and Turnover
article thumbnail

Untangling Turnover: What You Can Control, And What You Can't

Bonusly

Just hearing the word “turnover” can strike panic into the heart of even the most experienced HR professional right now. ??. With all the resignations, reshuffling, and high-speed hiring you’re probably experiencing, it can be hard to come up with an effective employee retention strategy. Turnover isn’t always bad.

article thumbnail

What’s Keeping HR Up at Night in 2020?

HRExecutive

You see this in particular when looking at tech companies on the West Coast that have massive turnover.”. Employee turnover harms nearly every part of an organization: Sales. You need an entire employee-value proposition and an employee experience that is very differentiating.”. for the overall American workforce.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Calculate Your Organization’s Turnover Rate

15Five

Turnover is just part of doing business. Some employees aren’t a good fit, while others find new opportunities. While some turnover is normal, too much can damage your organization’s performance, lower morale, and even interrupt important projects. Where are you at with turnover, and how can you do even better?

article thumbnail

You Can Successfully Clear Your Year-End To-Do List

PeopleStrategy

For those new to their positions or looking for a fresh take on end of the year tasks, this rundown looks at general activities, compliance-related activities, and employee compensation and benefits activities. What departments could see growth or could use training opportunities to elevate and reward current employees?

article thumbnail

HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Two critical tasks: ✓ Update employee information: Keep all employee records current, including contact details, emergency contacts, and personal information. Archive old records: Securely store or dispose of records in accordance with data retention policies and legal requirements.

article thumbnail

How Do You Retain Employees?

Best Money Moves

How do you retain employees? Forty-three percent of workers will look for a new job in the next year, putting employer focus on retention strategies. More than 80 percent of employers are concerned about retaining employees — and with good reason. ” How Do You Retain Employees Looking for a New Job?

article thumbnail

What Is a Good Retention Rate and How Do You Achieve and Maintain It?

15Five

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.