Analytics in HR

AUGUST 15, 2023

In a survey conducted by the Society for Human Resource Management (SHRM) and Globoforce, 80% of respondents reported having some kind of employee appreciation program. Encouraging participation: Engaged employees are more committed to their work and employer and want to give at a high level.

Employee Recognition 98

Employee Recognition Assessment Software HR Software Recruiting Software 98

Terryberry

FEBRUARY 26, 2024

Employee recognition may not be a new concept, but what is new is some of the latest employee recognition statistics that have come out of research surrounding employee engagement. From productivity to culture to retention - research shows recognition programs continue to be a key factor in improving a range of business outcomes.

Employee Recognition 52

Employee Recognition HR Software Retention and Turnover Assessment Software 52

Vantage Circle

JULY 27, 2021

Employee Recognition Statistics Relating To Retention. There is a clear connection between recognition and employee retention. The majority of them cited a lack of recognition by their current employer as the primary reason. Companies with effective recognition programs have 31% lower voluntary turnover.

Employee Recognition 52

Employee Recognition Globoforce Onboarding Software Recruiting Software 52

Vantage Circle

OCTOBER 10, 2019

Additionally, a recent study by Lighthouse Research revealed that high-performing companies (i.e. those with higher profits, employee retention, and engagement scores) were 14 percent more likely to focus on employee strengths. Reduced Turnover Rates. Better Business Results. Innovation and Productivity. According to an O.C

Retention and Turnover 45

Retention and Turnover Globoforce HR Software Recruiting Software 45

Vantage Circle

DECEMBER 12, 2022

When looking for employment, employees are looking for a paycheck and a job that meets their needs. Better employee retention and lower absence. Employers who step up and meet their employees' financial, mental, physical, and emotional needs are assured of fostering an engaged workforce that is free to focus on their work.

Meeting 85

Meeting Hiring Software Wage and Hour Training Onboarding Software 85

EngagementMultiplier

SEPTEMBER 3, 2019

Workplace Research Foundation ). Employee retention. $11 11 Billion is lost annually due to employee turnover. Businesses with a strong learning culture enjoy employee engagement and retention rates around 30-50% higher than those that don’t ( Robert Half ). employees said their feedback is acted upon by their employer.

Employee Engagement 40

Employee Engagement Retention and Turnover Globoforce Ceridian 40

Terryberry

NOVEMBER 6, 2024

And research has found some significant findings. A study by Bersin & Associates found that organizations with effective recognition programs have 31% lower voluntary employee turnover rates. Globoforce research shows that companies with strategic recognition programs are 48% more likely to report high employee innovation.

Assessment Software 52

Assessment Software Recruiting Software HR Software Background screening 52

HR Tech Girl

JANUARY 18, 2023

Tidio ) 86% of employees and job seekers research company reviews and ratings to decide on where to apply for a job. Bad onboarding experiences can set back employee development or increase turnover, so companies are putting more resources into the process. LinkedIn remains the best recruiting platform for professional roles in 2023.

HR Software 52

HR Software Hiring Software Onboarding Software HR Planning 52

Analytics in HR

AUGUST 15, 2023

In a survey conducted by the Society for Human Resource Management (SHRM) and Globoforce, 80% of respondents reported having some kind of employee appreciation program. Encouraging participation: Engaged employees are more committed to their work and employer and want to give at a high level.

Employee Recognition 52

Employee Recognition Assessment Software HR Software Recruiting Software 52

Engagedly

JANUARY 30, 2024

This culture shift can lead to real results, including increased productivity, lower turnover rates, and a more harmonious work environment. Mentorship and Professional Development Platforms: Mentorship has been proven to increase retention rates by 200% , demonstrating the value of growth and learning as a form of recognition.

Assessment Software 52

Assessment Software Planning Tools HR Software Wellness 52

Vantage Circle

OCTOBER 7, 2022

Joe Galvin, Chief Research Officer at Vistage Worldwide. And this is not good for the employees, employers, and the market at large. 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. well-being.

Hiring Software 52

Hiring Software Trends Recruiting Software HR Software 52

Pingboard

SEPTEMBER 24, 2019

Research shows that employee engagement makes teams more profitable, reduces voluntary turnover, and leads to better outcomes all around. Employee turnover is also at an all-time high , which has pushed many employers to explore innovative ways of engaging team members to keep them from jumping ship.

Employee Engagement 40

Employee Engagement Planning Tools Retention and Turnover Globoforce 40

Vantage Circle

SEPTEMBER 28, 2023

According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Key Takeaways Understand what a recognition program is.

Employee Recognition 52

Employee Recognition Hiring Software HR Software Onboarding Software 52

Interact-Intranet

JUNE 7, 2017

According to Bersin & Associates , companies with good recognition programs have 31% lower voluntary employee turnover. 68 percent of values-based programs perceived a positive impact on retention, vs. 41 percent for non-values-based programs. Source: Globoforce. Peer-to-peer recognition is 35.7% Source: SHRM Survey.

Employee Recognition 40

Employee Recognition Planning Tools HR Software Globoforce 40

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 66

Onboarding Software Onboarding Employee Engagement Hiring Software 66

Vantage Circle

JUNE 16, 2021

Research says that the primary reason for employees quitting jobs is not getting enough recognition. Recognition has a tremendous potential to drive engagement, productivity, and employee retention. They understand what their employer is expecting from them. Higher Employee Retention. Components of Employee Recognition.

Employee Recognition 52

Employee Recognition Assessment Software Planning Tools HR Software 52

Vantage Circle

OCTOBER 28, 2020

As companies struggle to find a way to deal with the global economic slowdown, the simple act of recognizing an employee in a meaningful and memorable way is the missing link that can heighten the productivity levels, lower employee turnover , and create a sense of belonging. Benefit 6: Employee Retention. Benefit 7: Employer Branding.

HR Software 59

HR Software Onboarding Software Planning Tools Employer Branding 59

Workable

FEBRUARY 18, 2016

Staff turnover also decreases employee morale. A 2015 SHRM/Globoforce survey puts employee retention at the top of the list of challenges facing HR leaders. If it’s yours too, read up on effective employee retention strategies from some of the best companies around. A 30% drop in employee turnover. The results?

Retention and Turnover 91

Retention and Turnover Strategy Globoforce Workable 91

WorkHuman

APRIL 4, 2017

If you’ve been following the Globoforce blog these past few months, you may recall that we recently published a report with findings from the 2016 SHRM/Globoforce employee recognition survey. Do these trends in employee recognition, performance management, retention, and engagement look different outside of the U.S.?

Globoforce 127

Globoforce Global HR HR Trends Report 127

Hoops

FEBRUARY 23, 2018

Recent Studies Detail Correlation Between Employee Engagement and Retention. For two years running, the top two HR challenges have been employee retention and employee engagement. Engagement and retention are both the end results of consistent and positive employee experiences. SHRM/GloboForce Employee Experience Survey.

Employee Engagement 100

Employee Engagement Study Globoforce Retention and Turnover 100

Vantage Circle

MARCH 10, 2021

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Through effective lines of communication, it is very crucial for employers to make sure that employee feedback is taken seriously and identify the necessary action plans.

HR Software 52

HR Software Onboarding Software Assessment Software Planning Tools 52

exaqueo

DECEMBER 23, 2016

This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. Numerous studies demonstrate “that when companies include employee recognition as a line-item, employee behavior increases across engagement, productivity, retention, customer service, and morale.”

Employee Recognition 49

Employee Recognition HR Planning Employer Branding Bonuses and Incentives 49

Terryberry

NOVEMBER 27, 2024

Public recognition can be so effective that a study by Bersin & Associates found that organizations with effective recognition programs have 31% lower voluntary employee turnover rates. Benefits include boosted morale, increased job satisfaction, and improved retention.

Hiring Software 52

Hiring Software Recruiting Software Employee Recognition Planning Tools 52

TalentHQ

SEPTEMBER 3, 2015

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. If we look at employee ratings of employers as a whole, we find that performance follows a bell curve. Why is there such a wide variation in employee engagement and retention? What can we do?

HR Software 77

HR Software Hiring Software Assessment Software Recruiting Software 77