Remove Bonuses Remove Employee Recognition Remove Employee Retention Remove Technology
article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

article thumbnail

Employee recognition programs: Boosting morale and retention

Higginbotham

In a global economy characterized by low unemployment and increasing competition, smart companies stay ahead of their competition by deploying a secret weapon: they attract and retain top talent through the extraordinary human power of recognizing employees for good work.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How HR can give your company’s employee retention strategy a boost

Insperity

It’s the question employers are constantly asking: How do I get my employees to stay for the long term ? But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? There are lots of tips out there for guiding managers in retaining their direct reports.

article thumbnail

8 Tried & Tested Employee Retention Strategies in the Insurance Sector [2024 Edition]

Empuls

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. 

article thumbnail

Employee Recognition Program: Things You Need To know!

Vantage Circle

And that is something this blog will cover and give you a good headstart on how you can start your employee recognition program. According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Key Takeaways Understand what a recognition program is. Only 52.6%

article thumbnail

Top 20 Employee Recognition Tools in 2021

Vantage Circle

Employee recognition plays a vital role in helping businesses deliver a near-perfect employee experience. And with the rise in hybrid work, companies are redoubling their efforts to develop a robust reward and recognition program. They need digital tools that enable recognition in the flow of work. Vantage Rewards.

article thumbnail

Top 10 Creative Strategies to Improve Employee Retention

Hppy

In this article we explore different ways to help build a successful employee retention strategy. Why care about employee retention? Focusing on how to increase employee retention will allow your business to keep high calibre and motivated employees. Have a thorough onboarding strategy.