Remove Bonuses Remove Employee Loyalty Remove Employee Recognition Remove Human Resources
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How to retain your best employees when you can’t afford to give them a raise

Achievers

When employees have done great work, they expect some form of acknowledgment. In a competitive marketplace where your top talent always has their eye on the next stepping stone in their career, your organization must win employee loyalty through tangible appreciation. Salary isn’t the key factor in engagement.

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7 Ways to Increase Employee Engagement in 2023

Hppy

Distributing an anonymous questionnaire that will test the employees’ satisfaction is incredibly helpful. Besides revealing the current situation within your organization, it is a great human resources management tool. Employee recognition is an efficient stimulus that ensures high-performers feel acknowledged.

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How to retain employees and thrive during the Great Resignation

Insperity

Even more concerning for employers, the Society for Human Resource Management (SHRM) reports in its Spring 2022 People + Strategy Journal that on average, a majority (about 60% at the time of reporting) of recent turnover is voluntary. For more information, download our free magazine: The Insperity guide to employee retention.

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