Affinity HR Group

OCTOBER 3, 2024

Companies that proactively increase wages are better positioned to reduce turnover and attract skilled workers. A recent Payscale survey asked participants how base pay increases were determined. Competitive wage growth is essential for retaining top talent in a tight labor market. Don’t be one of them!

Trends 40

Trends Bonuses and Incentives Retention and Turnover Compensation 40

Analytics in HR

NOVEMBER 14, 2023

In this article, we’ll explore what employee morale entails, identify indicators of low morale, and present 15 examples to boost morale. Low absenteeism and turnover: Few employees are absent from work due to illness or personal reasons. Employee turnover is minimal, as employees are satisfied and committed to the organization.

Examples 72

Examples Video Recruiting Hiring Software Compliance Training 72

Analytics in HR

SEPTEMBER 20, 2021

Business acumen is one of the four core competencies we’ve identified vital for present and future success in HR, along with digital proficiency, data literacy, and people advocacy. The company compared its employee turnover to other banks and found their turnover rate was above average in certain key roles.

HR Planning 105

HR Planning Resources CHRO Hiring Software 105

Workable

FEBRUARY 7, 2024

A PayScale study finds workers are five times as likely to be satisfied with their employer when they understand the reasoning behind their salary versus getting the compensation they want and need from a job. “The challenge this presents for companies is that many are simply not ready for this level of transparency.”

Hiring Software 62

Hiring Software Retention and Turnover Compensation Recruiting Software 62

HRsoft

APRIL 5, 2016

By now, business leaders understand the importance of driving employee retention. For one thing, it’s critical for reducing turnover costs. But it turns out that employee retention is perhaps more important today than ever before. But retention, as demonstrated above, is a bigger problem than we may realize.

HR Software 40

HR Software Interview Software Planning Tools Retention and Turnover 40

Compensation Today

NOVEMBER 9, 2015

Jenni Marquez, CCP, PayScale Compensation Professional Let’s review. For our 4th and final lesson, we present: Pay Concerns and Pay Raises. Why it matters: How employees perceive their pay compared to their coworkers and others doing similar work at other companies can have a huge impact on retention, job satisfaction, and morale.

Payscale 40

Payscale Compensation HR Planning Wage and Hour Training 40

CuteHR

JUNE 14, 2021

Usually, these issues are very much evident in the form of increased turnovers, especially from the top-performing employees. The problem of disengagement and increasing turnover rates are faced by many companies today resulting in unproductiveness due to ineffective management, over-exhaustion, and misalignment throughout the organization.

Bonuses and Incentives 55

Bonuses and Incentives HR Software Planning Tools Interview Software 55

Workify

MAY 6, 2022

There have been countless examples of employers small and large changing the payscale for remote workers, as they don’t absorb as many costs as someone going into a physical office to work. This may be in line with how the market values their roles and abilities, but it can still result in worker dissatisfaction and higher turnover.

Compensation 59

Compensation Assessment Software Retention and Turnover Payscale 59