WorkHuman

JANUARY 26, 2017

Retention and employee experience are two sides of the same coin. My story is not unique, which is why retention remains a serious issue for HR and business leaders. This post is the first in a series on findings from the new SHRM/Globoforce Employee Recognition Survey (sent to nearly 800 HR professionals).

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WorkHuman

AUGUST 2, 2017

But by the end of the meeting, our conversation had shifted from recognition as a cost to recognition as an investment – in culture, and employee experience , retention , and engagement. “We Below is a clip about the Deniers from Globoforce CEO Eric Mosley’s keynote at WorkHuman 2017. She was a “Recognition Science Denier.”

Globoforce 112

Globoforce Retention and Turnover Bonuses and Incentives Hiring Software 112

WorkHuman

APRIL 12, 2017

In the five years we’ve conducted the SHRM/Globoforce Employee Recognition Survey, employee retention/turnover has nearly doubled as a top concern for HR professionals. Fortune” listed retention as a top concern this year and in the United Kingdom, companies are more concerned about staff turnover than the impact of Brexit.

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Precheck

NOVEMBER 28, 2017

Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. In fact, 46 percent of HR professionals cite employee retention/turnover as the top workforce management challenge in 2016, an increase from 25 percent in 2012. Here’s how you can use stay interviews to improve your employee retention initiatives.

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HR Software Retention and Turnover Hiring Software Onboarding Software 66

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 24, 2024

More engaged employees also mean lower turnover rates, which cuts recruitment and training costs while retaining a highly skilled and experienced workforce. By tracking metrics such as retention rates and employee satisfaction, you can make informed decisions that resonate with your workforce.

Wellness 86

Wellness Planning Tools Retention and Turnover Employer Branding 86

WorkHuman

MARCH 21, 2017

Over the past few months, we’ve run a series of posts covering findings from the latest SHRM/Globoforce Employee Recognition Survey. To recap, here are the four findings and their respective posts: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment. (

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HR Bartender

MARCH 20, 2016

According to the 2015 SHRM/Globoforce Employee Recognition Survey , employee retention and turnover is the number one challenge facing HR professionals today. Both the manager and employee knew what the conversation was going to focus on, but it was brief and to the point. Add a stay interview component.

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Globoforce Retention and Turnover Compliance Training Career Development 150

HR Bartender

MARCH 20, 2016

According to the 2015 SHRM/Globoforce Employee Recognition Survey , employee retention and turnover is the number one challenge facing HR professionals today. Both the manager and employee knew what the conversation was going to focus on, but it was brief and to the point. Add a stay interview component.

Globoforce 150

Globoforce Retention and Turnover Compliance Training Career Development 150

Visier

FEBRUARY 20, 2015

For example, if you work in HR and want to get internal business leaders and line managers to champion a new employee retention initiative, an infographic could be a good approach. You could use an infographic to showcase significant retention metrics and explain how they relate to your initiative. Choose the right visual pattern.

Data 150

Data Retention and Turnover Metrics Globoforce 150

Visier

FEBRUARY 20, 2015

For example, if you work in HR and want to get internal business leaders and line managers to champion a new employee retention initiative, an infographic could be a good approach. You could use an infographic to showcase significant retention metrics and explain how they relate to your initiative. Choose the right visual pattern.

Data 150

Data Retention and Turnover Metrics Globoforce 150

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

China Gorman

NOVEMBER 22, 2016

“More positive employee experiences are linked to better performance, extra effort at work, and lower turnover intentions.”. My friends at Globoforce and the IBM Smarter Workforce Institute have published a new white paper: The Employee Experience Index. And it’s true. I’ve said variations of this for several years. Download it here.

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Globoforce Retention and Turnover Data Analysis 68

Vantage Circle

JULY 27, 2021

Employee Recognition Statistics Relating To Retention. There is a clear connection between recognition and employee retention. Companies with effective recognition programs have 31% lower voluntary turnover. Turnover can be highly costly with additional expenses in recruitment , onboarding , and training.

Employee Recognition 52

Employee Recognition Globoforce Onboarding Software Recruiting Software 52

Engagedly

MARCH 23, 2021

Some of the other benefits of employee recognition includes: Reduced Turnover. Improved Employee Retention. Research by WorkHuman (previously Globoforce) highlights that 41% of organizations who use peer-to-peer recognition reported an increase in customer satisfaction. . Increased Productivity. Improves Collaboration.

HR Software 101

HR Software Employee Recognition Planning Tools Software 101

WorkHuman

APRIL 5, 2016

Interestingly, the report notes that a goal of increasing retention and decreasing turnover through recognition rose to 51% last year. We found similar results in our last SHRM/Globoforce survey —that the top organizational challenge was employee retention/turnover. Why the change?

Data 70

Data Globoforce Retention and Turnover HR Software 70

WorkHuman

MARCH 1, 2017

The 2016 SHRM/Globoforce Employee Recognition Survey report shows where to focus your efforts for the best results. The Factors That Predict Employee Turnover. Offering clearer career paths with formal learning and development minimizes the risk of stagnation and eventual turnover. Do you have to be a unicorn ? RELATED POSTS.

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Retention and Turnover Globoforce Talent Experience Employee Recognition 70

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

WorkHuman

JULY 2, 2015

Use culture to fight turnover. Derek Irvine cited an alarming statistic from the new SHRM/Globoforce recognition survey—turnover is the top HR challenge this year. Survey respondents cite positive impact of their programs on engagement, retention, safety, wellness, employer brand, and even cost goals. What does that mean?

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Retention and Turnover Globoforce HR Software Data 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

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

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WorkHuman

APRIL 23, 2018

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. Or is it compensation and benefits? Talent sourcing. Talent acquisition/ Hiring.

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Analytics Data Hiring Software Recruiting Software 70

ATD Human Capital

SEPTEMBER 7, 2016

According to a 2015 employee recognition survey by the Society for Human Resource Management (SHRM) and Globoforce, organizations with programs that recognize and reward employees for their time and contribution experience better business results. A year-end celebration isn’t a substitute for everyday behavior.

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Retention and Turnover Globoforce How To Survey 70

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

EngagementMultiplier

SEPTEMBER 3, 2019

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 ). Organizations with high employee engagement outperform those with low employee engagement by 202%.

Employee Engagement 40

Employee Engagement Retention and Turnover Globoforce Ceridian 40

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

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. Increased retention rates? The company continues to achieve a turnover rate of 18% to 20% – 10% to 25% higher than the average call center.

Employee Recognition 97

Employee Recognition Assessment Software HR Software Recruiting Software 97

SumTotal

JUNE 7, 2016

It has real effects on your company’s retention and results. Take a look at the findings from Socialcast, SHRM and Globoforce: 69% of employees say they’d work harder if their efforts were better appreciated. Companies with strategic recognition had a turnover rate 23.4% Makes recognition flow freely.

Employee Recognition 40

Employee Recognition Retention and Turnover Globoforce Tools 40

Semos Cloud

MARCH 4, 2020

While employee engagement is the main driver of employee performance and retention , improving e mployee e xperience will result in happier and healthier individuals as a whole. . It drives your employee retention and makes your company a more attractive e mployer. . Lower employee turnover . Give f eedback .

HR Software 94

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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

WorkHuman

NOVEMBER 23, 2015

At Globoforce, we are acutely aware of the close link between recognition and gratitude, and the need for companies to offer their employees new opportunities for reflection and for expressing gratefulness. We thought we’d give you an update. Gratitude has been a strong theme for us in 2015.

Study 70

Study Globoforce Wellness Report 70

Vantage Circle

DECEMBER 12, 2022

Better employee retention and lower absence. Teams scoring in the top 20% of engagement experience 59% fewer turnovers. SHRM/ Globoforce Survey reveals that: Organizations that rely on more frequent performance reviews are more likely to use peer feedback, either ongoing or intermittently (38 percent versus 27 percent).

Meeting 86

Meeting Hiring Software Wage and Hour Training Onboarding Software 86

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

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.?

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Globoforce Global HR HR Trends Report 127

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. Increased retention rates? The company continues to achieve a turnover rate of 18% to 20% – 10% to 25% higher than the average call center.

Employee Recognition 52

Employee Recognition Assessment Software HR Software Recruiting Software 52

RecognizeThis!

SEPTEMBER 9, 2015

I’m pleased to say I’ve more than doubled my prior tenure record in my time with Globoforce. I know in my own career history, I’d love my work until I became bored. Then I’d be onto the next company, looking for the next challenge.

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Globoforce Career Development Employee Engagement Data 80

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