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

HR Daily Advisor

FEBRUARY 5, 2018

HR leaders are using human-centered approaches in the workplace, which may help resolve retention, recruitment, and culture management challenges, according to a new report released by Globoforce ® , a provider of social recognition and continuous performance development solutions, and the Society for Human Resource Management (SHRM).

Globoforce 52

Globoforce Report Talent Experience 10KC 52

Terryberry

NOVEMBER 6, 2024

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. Here are specific ways to celebrate milestones: 7.

Assessment Software 52

Assessment Software Recruiting Software HR Software Background screening 52

China Gorman

JUNE 23, 2015

The fifth research report in an annual partnership between SHRM and Globoforce was published this week. Namely, that retention/turnover is the top challenge reported by nearly 1,000 SHRM members. In 2013 and 2012, the SHRM/Globoforce surveys identified employee engagement and succession planning as the topmost HR concerns.

Employee Recognition 68

Employee Recognition Globoforce Retention and Turnover Employee Engagement 68

TLNT: The Business of HR

JUNE 24, 2015

The fifth research report in an annual partnership between SHRM and Globoforce ( the 2015 Employee Recognition Survey ) was published this week. It’s that retention/turnover is the top challenge reported by nearly 1,000 SHRM members. And, interestingly, there is a surprise.

Employee Recognition 40

Employee Recognition Survey Globoforce Retention and Turnover 40

Terryberry

FEBRUARY 26, 2024

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 and Retention Statistics Employee recognition research supports that employee recognition is directly related to employee retention.

Employee Recognition 52

Employee Recognition HR Software Retention and Turnover Assessment Software 52

Vantage Circle

OCTOBER 10, 2019

those with higher profits, employee retention, and engagement scores) were 14 percent more likely to focus on employee strengths. Reduced Turnover Rates. A combined report from Globoforce and SHRM revealed that 68% of employers who run a value-based employee recognition program saw an improvement in employee retention.

Retention and Turnover 45

Retention and Turnover Globoforce HR Software Recruiting Software 45

AIHR

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. Metrics to track to evaluate the success of your program could include: Recognition frequency: Analyze how often employees are recognized. Increased retention rates?

Employee Recognition 98

Employee Recognition Assessment Software HR Software Recruiting Software 98

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

Interact-Intranet

JUNE 7, 2017

According to Bersin & Associates , companies with good recognition programs have 31% lower voluntary employee turnover. Traditionally, these programs have focused on the easier to define and measure metrics, such as length of service or reaching of internal milestones. Source: Globoforce.

Employee Recognition 40

Employee Recognition Planning Tools HR Software Globoforce 40

AIHR

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. Metrics to track to evaluate the success of your program could include: Recognition frequency: Analyze how often employees are recognized. Increased retention rates?

Employee Recognition 52

Employee Recognition Assessment Software HR Software Recruiting Software 52

TalentHQ

SEPTEMBER 3, 2015

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Why is there such a wide variation in employee engagement and retention? As I discuss in It’s Time to Rethink the Employee Engagement Issue , annual engagement metrics are not actionable enough for most managers.

HR Software 77

HR Software Hiring Software Assessment Software Recruiting Software 77

Empuls

JANUARY 1, 2025

Statistics reveal that organizations with effective recognition programs experience significant benefits, including a 31% lower voluntary turnover rate and a 14% increase in productivity. For instance, companies prioritizing recognition are 12 times more likely to have a highly engaged workforce, as highlighted by Globoforce.

Onboarding Software 40

Onboarding Software Hiring Software HR Software Assessment Software 40