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5 factors that affect employee retention

BerniePortal

Decreasing retention rates. As Millennials rise the ranks in the workforce, employee behavior in the workplace has taken a shift—particularly when it comes to company loyalty. For employers, employee turnover is costly. Increase company loyalty and reduce turnover by addressing these 5 employee retention factors:

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Why Employee Recognition is Important and Key Benefits

Achievers

Employees are struggling with burnout, disconnection, and low morale more than ever before. Recognition is the number one ask from employees in this new normal. And meeting this desire can have a huge effect on key contributors to your bottom line, like employee engagement and retention. Engagement. Productivity.

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Top Strategies to Reduce Employee Turnover in 2024

HR Lineup

Employee turnover continues to pose significant challenges for businesses in 2024, particularly amidst evolving workplace dynamics and shifting employee expectations. High turnover rates can adversely affect organizational performance, morale, and overall productivity. Strategies for Reducing Employee Turnover 1.

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Why Transparency is the Secret to Improving Employee Experience?

HR Lineup

In today’s rapidly evolving corporate landscape, the focus on employee experience has become paramount. As organizations strive to attract and retain top talent, they are increasingly recognizing the importance of fostering an environment where employees feel valued, engaged, and empowered.

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The Domino Effect of Redundancies and Resignations

HR Digest

Recent studies and reports have shed light on the unexpected consequences that these events can have on remaining employees. The phenomenon known as “turnover contagion” reveals that when one employee leaves, others are more likely to follow suit. The findings revealed that employees are 7.7% for teams of 6 to 10.

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The Complete Guide on Presenteeism in the Workplace

HR Lineup

In today’s fast-paced and competitive business environment, companies are constantly striving to enhance productivity and employee engagement. Unlike absenteeism, where employees are absent from work, presenteeism refers to the phenomenon of employees being physically present but not fully engaged or productive.

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How Modern Businesses Need To Adapt And Think Differently To Retain Workers?

Hppy

Many businesses , industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. Travel insurance is also essential if employees are required to travel for their work.