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What You Need to Know About the Cost of Employee Turnover

Bonusly

Employee turnover is so expensive because organizations pay direct exit costs when an employee leaves and incur additional costs to recruit and train new hires. Here are a few factors that contribute to the overall cost of employee turnover but are easy to overlook: Recruitment costs. Training and onboarding costs.

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Talent Management Strategies To Retain Top Performers

Hppy

Based on the identified gaps, develop a plan to upskill current employees or recruit new talent to address these issues. Develop Stronger Onboarding For Improved New Hire Productivity A strong onboarding process can improve new hire retention by 82% and the productivity of high-performing employees by over 70%.

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8 Ways HR Teams Can Use Tech to Encourage Productivity

TalentCulture

Streamlined Recruiting Process. Recruiting software can help streamline the hiring process for a business. There are a wide variety of recruiting software options , catered to both small and big businesses alike. Less-Cluttered Employee Onboarding. Easier Payroll Processing.

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The 6 best tools for tracking employee morale

Workable

Their suite of employee feedback tools covers the entire employment life cycle: new hire surveys, onboarding, employee engagement surveys, single-question polls and exit interviews. TINYPulse helps leaders take the pulse of their company atmosphere by sending one survey question, once a week to employees.

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8 Ways HR Teams Can Use Tech to Encourage Productivity

TalentCulture

Streamlined Recruiting Process. Recruiting software can help streamline the hiring process for a business. There are a wide variety of recruiting software options , catered to both small and big businesses alike. Less-Cluttered Employee Onboarding. Easier Payroll Processing.

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

According to the research participants, the top reasons for leaving were a poor onboarding experience, a lack of clarity surrounding job duties and expectations, or a less than stellar boss. If you don’t have a formalized onboarding program, you can get started here. Why are so many recently-hired employees jumping ship?

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15 Best Employee Feedback Tools: Must-Use Software, Platforms, and Apps to Boost Engagement in 2024

Contact Monkey - HR

15 Employee Feedback Tools That Every Internal Communicator Needs in the Workplace Whether you’re after quick pulse checks or deep-dive surveys to collect employee feedback, there’s a solution for every need. TINYPulse TINYpulse is an employee engagement and feedback platform designed to capture real-time insights into workplace culture.