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Unexpected perks and benefits help your job listings get more attention. Retention & Loyalty GlassDoor conducted a survey and found that, while 75% of employees said it’s “extremely important or very important” that their employer supports their well-being with great benefits–only 65% of workers are satisfied with their current benefits.
Therefore, employers are realizing that their priorities lie in preventing employee turnover and increasing employee engagement. Luck ily, there is a plethora of solutions that help companies resolve these issues. . What Is Employee Engagement Software? . Employee Recognition . Performance Management
The global workforce faces a massive skills gap, and many organizations need help finding qualified talent. 63% claim they will focus on teaching employees new skills via an upskilling strategy. The ultimate goal is to make employees more proficient, knowledgeable, and productive in their current roles. The solution?
While the root cause of the issue might lie outside your direct control (think customer service or product quality), a damaged employerbrand directly impacts recruitment and retention. Are there concerns about product quality, or is customer service lagging? Scandals and legal troubles.
But with employees having more choice in where and when they work than ever before, simply offering a competitive salary won’t make your organization stand out from its competitors. Employee recognition gifts go beyond simple gestures of appreciation. But it also requires a real understanding of what employees want.
According to Achievers’ 2022 State of Recognition Report, two-thirds of employees state that feeling appreciated would reduce their desire to job hunt, while more than half say appreciation would make them less likely to take a call from a headhunter. The key is to recognize employees in ways they find personally meaningful.
Your employees will be happier, more engaged, and more likely to stay with your company. When evaluating how an HRMS will improve your business, it’s helpful to separate the benefits into two categories; efficiency and engagement. For example, improving employee work/life balance by offering flexible scheduling.
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