Abel HR

JANUARY 7, 2021

In this article, we’ll discuss what is employee retention and why it’s important to any venture, big or small. We’ll also tackle a few ways to retain employees in your organization better. What Is Employee Retention? Before anything else, let’s clarify this – what is employee retention?

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Empuls

OCTOBER 9, 2023

High turnover can result in significant costs and disruptions, making it essential for banks to implement effective employee retention strategies. In this blog, we will explore some crucial strategies that can help banks retain their valuable workforce. The alarming state of employee turnover in banking sector 1.

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Empuls

DECEMBER 18, 2023

Employee retention is a critical factor in the success of insurance companies.    Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. However, there's no need to worry. 

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Empuls

DECEMBER 19, 2023

This approach is bidirectional – not only are employers seeking candidates who fit their culture, but prospective employees, especially Millennials and Gen Z , are also actively researching and evaluating the cultural alignment of potential employers.

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Empuls

MAY 29, 2023

Poor financial status of employees has given rise to a lack of productivity in the workforce and has been one of the major reasons for lower employee retention. Most of the time, the financial stress and mental pressure results in distractions and employees aren’t motivated enough to give their best.

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Abel HR

MARCH 30, 2021

So, how does it apply to employee retention? We tweak the five languages to make a lasting relationship with your employees. Employee Retention. The moment your company’s employee turnover rate reached a “high” level, you need to sound the alarm bells. Choosing the Correct Language of Love for your Employee.

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Hireology

MARCH 31, 2021

High employee turnover plagues nearly every industry, and while some reasons employees decide to leave are out of your control, you have a great deal of influence on many of the factors that cause staff members to look elsewhere. .

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Vantage Circle

JANUARY 28, 2019

Employee retention refers to the ability of an organization to retain its employees. Employees are the lifeline of any organization. When these skilled employees walk out of the door, it becomes difficult to find good replacements. Even with good compensation and benefits, employees quit. Employee Morale.

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Vantage Circle

JANUARY 28, 2019

Employee retention refers to the ability of an organization to retain its employees. Employees are the lifeline of any organization. When these skilled employees walk out of the door, it becomes difficult to find good replacements. Even with good compensation and benefits, employees quit. Allegis Group ).

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McDermott Will & Emery Employee Benefits

NOVEMBER 9, 2023

Asserting that many employers have improperly claimed Employee Retention Tax Credit (ERTC) refunds, the Internal Revenue Service (IRS) released two new announcements that address ERTC claims.

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WEX Inc.

JUNE 6, 2019

Whether the objective is candidate recruitment in a tight labor market - or improving employee retention rates, a compelling, comprehensive benefits program is at the heart of employee engagement. Delivering innovative health and wellness programs is an evergreen goal for benefits administrators.

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Achievers

MAY 24, 2012

My company is having trouble with employee retention. What tools can we use to make our employees more satisfied and engaged? Dear Lonely, Employee retention can be a very difficult issue, but we do know that employees don’t leave jobs: they leave managers. Thanks for your help! Mr. Lonely.

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Achievers

MAY 8, 2012

Make sure you empower your employees to choose their own rewards for a job well done-rewards that that are meaningful to them.“- The post Choices, choices, choices: How options can increase employee retention appeared first on [engage]- The Employee Success and Engagement Blog by Achievers. HRMA [link].

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Flimp Communications

OCTOBER 11, 2019

We can’t possibly review all of them in one blog post. So, let’s focus on one major factor in employee retention: new-hire orientation. New-hire orientation is the first interaction of the employee experience for official employees. New-Hire Orientation and Employee Retention.

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Abel HR

DECEMBER 24, 2020

A good leader, where appropriate, should work with the employee in question to trouble shoot the issue and offer alternatives or otherwise lend a hand to reach a resolution that both parties feel comfortable with. The post Improve Employee Retention With Leadership Soft Skills appeared first on Abel HR.

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Vantage Circle

FEBRUARY 25, 2024

This blog will look at statistics demonstrating why employee recognition deserves serious investment from leadership. Backed by examples, we'll unveil the transformative power of employee recognition. Key Takeaways What is Employee Recognition ? How Does Recognition Impact Employee Retention?

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PeopleKeep

NOVEMBER 9, 2022

Before setting up EWA at your organization, you need to determine if it’s right for you and your employees. This blog will give you an overview of EWA, its pros and cons, and other personalized benefits you can offer to increase employee retention.

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Achievers

JANUARY 21, 2021

A massive 91% of employees say that a strong culture of recognition makes them want to work for a company. And recognition is among the most effective non-financial factors employee retention. Organizations that rate their culture of recognition highly are also 3 times more likely to see increased employee retention.

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Achievers

JANUARY 12, 2021

When you add it all up, retail employee turnover is incredibly expensive. . 5 strategies for retaining retail employees . It’s clear that improving employee retention in the retail sector is a critical way to cut costs, since you won’t have to invest so heavily in finding and training replacement workers.

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InterWest Insurance Services

APRIL 11, 2024

Reduced direct medical costs (19% of ROI) Employers who offer group health plans in addition to associated wellness programs, tend to have healthier employee populations and spend less on direct medical costs. The analysis found that this combination of group health and wellness programs boosted overall ROI for employers.

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WEX Inc.

MAY 24, 2023

Overall, increased convenience in benefits education leads to better-informed and satisfied employees, which often translates to improved productivity, employee retention, and overall company success. The information in this blog post is for educational purposes only. It is not legal or tax advice.

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Qandle

JUNE 6, 2023

Here’s why ethics in business is important: Reputation : Upholding high ethical standards can positively impact the reputation of a business, making it more attractive to customers, investors, and employees. Employee retention : A strong ethical culture can attract and retain employees who value ethical behavior and a sense of purpose.

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Achievers

JUNE 10, 2020

According to a recent Brandon Hall Group report , organizations that have a strong culture of recognition are: 3x more likely to see increased employee retention. 5x more likely to see increased employee engagement. The post Meijer Leverages Recognition to Strengthen Key Business Metrics appeared first on Engage Blog.

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Achievers

MARCH 30, 2021

Employee retention should always be a priority. A staggering 35% of employees may leave their jobs each year by 2023. And with the new normal of remote work, employees have a wider range of potential employers to evaluate than ever before. Why employee retention matters. 9 strategies for employee retention.

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Achievers

DECEMBER 22, 2020

.” As a manager, you should be aware of your employees’ personal development goals ; opportunities to cross-train keep everyone’s energy fresh and uncover potential new skills among employees. Also, promoting from within will enhance teamwork, increase employee retention and improve your employer brand.

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WEX Inc.

AUGUST 16, 2023

Increase profitability, work quality, employee productivity, and employee retention rates. These are just a few of the potential benefits businesses experience with highly engaged employees. Subscribe to our blog ! The information in this blog post is for educational purposes only.

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WEX Inc.

JUNE 21, 2023

DEI can benefit a company from many different aspects, and investing in DEI hiring strategies can broaden the talent pool and increase employee retention. By addressing DEI collectively, organizations can foster a more equitable and inclusive work environment that benefits employees, customers, and the overall success of the business.

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Employee Benefits

JANUARY 16, 2024

We discussed being an employer of choice in March 2023 with our blog – You’re Ready to Become an Employer of Choice. We cover all the fundamentals, and it’s worth a read to see where the gaps in your current employee retention strategy may be. Supportive and heartfelt rewards = increased employee engagement and morale.

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Achievers

MARCH 6, 2020

But, you shouldn’t assume that these types of perks are motivating employees to do their best work (and what keeps them loyal to your company). Real motivation and employee retention are rooted in recognition. Unfortunately, a lack of recognition is the third most common reason employees leave their employers.

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Employee Benefit News

MARCH 11, 2024

The Small Business Blog revealed some of the best part-time work opportunities for workers.

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Achievers

OCTOBER 30, 2018

Below are seven actionable tips for strengthening your employee retention during periods of organizational change. Strengthen Employee Engagement Ahead of Time. Any changes you make will meet with greater success if you already have a strong work culture of employee engagement in place. Buy-In Starts at the Top.

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Vantage Circle

APRIL 26, 2024

In this comprehensive blog, we will delve into the intricacies of employee lifecycle surveys and their significance in shaping a thriving organizational culture. We will also explore the various types of surveys, their purposes, and the critical questions to ask at each stage of the employee lifecycle.

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Achievers

FEBRUARY 16, 2021

When employees feel appreciated, they perform at their best and are less likely to leave. In fact, organizations that rate their culture of recognition highly are 3 times more likely to see increased employee retention and 2.5 times more likely to see increased employee engagement, among other benefits.

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PeopleStrategy

MARCH 11, 2024

While you work to achieve company-specific goals such as employee retention, you also can foster a holistic work environment that addresses employee well-being. In our previous blog posts , we delved into recession planning and navigating economic uncertainties from a company perspective.

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Achievers

NOVEMBER 1, 2016

One-third of all employees know within the first week at a new job whether they will stay with the company for the long term. Your onboarding process should be built with employee retention as one of its primary objectives. With this in mind, it is important to focus on the quality and structure of your onboarding process.

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Achievers

SEPTEMBER 17, 2015

It’s important to take the same approach with creating a meaningful employee recognition strategy. If you don’t start by creating an employee retention plan that will work at your company, all of the other employee engagement efforts will go to waste. Try administering a baseline employee engagement survey.

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Enjoy Benefits

NOVEMBER 9, 2023

But staff retention has become trickier in recent years, with the Great Resignation used as a label for this post-pandemic employment trend. Forbes Advisor recently published an article for business owners who want to boost their staff retention, called 15 Effective Employee Retention Strategies for 2023.

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