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

WorkHuman

JANUARY 26, 2017

Retention and employee experience are two sides of the same coin. The day before I was going to give my notice, my manager started a discussion about compensation. My story is not unique, which is why retention remains a serious issue for HR and business leaders. What’s more, retention has very real financial implications.

10KC 70

10KC Talent Experience Globoforce Retention and Turnover 70

WorkHuman

APRIL 23, 2018

Or is it compensation and benefits? I had the privilege of attending the fourth annual WorkHuman , conference pioneered by Globoforce, from April 2-5 in Austin, TX. As a result, turnover decreases, leading to a higher return on investment from your talent. Talent attrition/ retention. Is it diversity and inclusion?

Analytics 70

Analytics Data Hiring Software Recruiting Software 70

Terryberry

OCTOBER 14, 2022

Decreased Employee Turnover. When an employee doesn't feel valued for their efforts at work, 76% of them will look for a new job opportunity, with businesses losing about $1 trillion annually because of turnover. Employee recognition programs can help to improve employee retention by making employees feel appreciated.

Employee Recognition 52

Employee Recognition Bonuses and Incentives Retention and Turnover Planning Tools 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

ClearCompany HRM

DECEMBER 5, 2018

And yet, recruitment was only the second biggest challenge facing HR leaders surveyed for The 2018 SHRM/Globoforce Employee Recognition Report. The top workforce management challenge turned out to be, for the third year in a row, employee retention and turnover. Onboarding and Retention. People-Focused Onboarding.

Onboarding Software 68

Onboarding Software Onboarding Employee Engagement Hiring Software 68

Vantage Circle

OCTOBER 7, 2022

Inadequate Compensation. Also, fair compensation says, "I respect and value your efforts." Compensation, apart from cash, is also valuable. Increases employee turnover rate. So as an HR, if your focus is on increasing employee retention. Hiring a culture fit is a crucial employee retention strategy.

Hiring Software 52

Hiring Software Trends Recruiting Software HR Software 52