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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

Factors contributing to healthcare employee turnover: Burnout : The healthcare industry, especially frontline roles like nursing, often involves long hours, emotional stress, and physical demands, leading to burnout. Compensation :  Competitive salaries and benefits are crucial for retention.

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The art of employee onboarding: Creating lasting first impressions

Higginbotham

Improved Employee Retention: High employee turnover can be incredibly costly for businesses, both in terms of time and money. According to SHRM, it can cost six to nine months of an employee’s salary to replace them. Effective onboarding is critical to improved retention.

Health 52
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20 Employee Appreciation Ideas That Will Make You Stand Out in 2024

Empuls

→ Moreover, recognition plays a pivotal role in employee retention. In a survey conducted by Glassdoor , 53% of employees reported that they would stay at their current company longer if they felt more appreciated. Offer opportunities for skill development through workshops, seminars, or online courses. 

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

And one of the key factors that can make a difference for employees is the benefits they receive. Employee benefits are a crucial part of any organization's overall compensation package. While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees.

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How to Improve Motivation in the Workplace: 13 Effective Ways

Empuls

Start before they join ‍ Organizations need to have an engaging and strategic onboarding process for employees to keep them involved even before they join. Such an onboarding process will also help in aligning the employee’s objectives with the organization’s objectives and vision.

Health 98
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Employee Recognition Program: Things You Need To know!

Vantage Circle

(Source: Vantage Circle ) Spot Awards: These are instant recognition for employees who go above and beyond, which can be done without waiting for a formal ceremony or event. According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover.

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Conduct Your Office DEI Audit in 7 Easy Steps

Vantage Circle

Enhancing Recruitment and Retention Through the audit, organizations can improve their recruitment processes, attract diverse talent, and create a sense of belonging, increasing employee retention rates. The first step is to assess the current state by reviewing the company's mission, vision, and values statements.