Remove Compensation Remove Kronos Remove Retention and Turnover
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The Value of Employee Engagement

Achievers

” Engaged employees can save your company money in a number of ways, from both a retention and productivity perspective. Better retention. employers pay nearly $1 billion per week for direct workers’ compensation costs. Employee engagement goes beyond salary compensation. Less absenteeism. Fewer accidents.

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How Data is Driving Employee Burnout—and What to Do About It

TalentCulture

A bombshell study from Kronos Incorporated and Future Workplace found 95 percent of HR leaders report employee burnout is “sabotaging workforce retention, yet there is no obvious solution on the horizon.” Organizations with 100-500 employees indicated burnout was the cause of 10 percent or less of turnover.

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11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it. Voluntary vs. involuntary turnover.

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Think Your Employees Are Burned Out? It’s Not Just Your Imagination

HR Daily Advisor

A new study conducted by Kronos Incorporated and Future Workplace found 95% of Human Resource leaders admit employee burnout is sabotaging workforce retention—but there is no obvious solution on the horizon. And almost 10% blame employee burnout for causing more than 50% of workforce turnover each year.

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Read ‘Em and Share: 25 Fascinating HR Statistics

Rise

47% of HR leaders cite employee retention and turnover as their top workforce management challenge, followed by recruitment and corporate culture management. HR Statistics. 83% of employers believe attracting and retaining talent is a growing challenge. Allegis Group ). SilkRoad ). Work Institute ). PR Newswire ).

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Expense-Free Employee Appreciation Ideas That Really Work

Rise

According to recent research from the Workforce Institute at Kronos Inc., Team retention is a growing concern for people and culture leaders, but the solution to high turnover rates might be simpler than you expect. almost 50% of employees feel underappreciated at work.

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Top 10 Employee Lifecycle Management Software in 2024

HR Lineup

Compensation Management: Robust tools for managing employee compensation and rewards. UKG Pro UKG Pro (Ultimate Kronos Group) is a powerful ELM software that combines HR, payroll, and talent management to enhance organizational efficiency and employee satisfaction. Workforce Planning: Strategic workforce planning and analytics.