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Innovative Ways to Improve Employee Retention

HR Digest

Employee retention strategies are vital to the success of any organization. High employee turnover can be highly disruptive to any business. In this article, we’ll explore some innovative and effective employee retention techniques. Employees value the ability to work from home or have flexible work hours.

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3 powerful ways to improve your employee retention rate

Achievers

A competitive salary is the bare minimum that you need to provide to keep employees satisfied. Beyond compensation, your employee retention strategies should factor in the total rewards package you offer, the quality of your leadership, and the power of your social recognition strategies.

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Revamp Your Employee Recognition Strategy to Drive Results

Achievers

Ninety-nine percent of organizations report that they have some type of recognition system in place, but with these staggeringly low employee engagement rates, these programs are clearly far from effective. . It’s important to take the same approach with creating a meaningful employee recognition strategy.

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25 Key Remote Work Statistics for 2020

Achievers

As you wade through the midst of what Time calls “the world’s largest work-from-home experiment,” you may be wondering what your company’s workplace will look like in the future. How will this affect your employee engagement? To answer these questions, all we have to do is look at a batch of recent remote work statistics.

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5 ways to increase employee retention

Hppy

A company’s employees are its most valuable asset, its competitive advantage and usually its biggest expense. Retaining employees will always come with a cost, but failing to do so can incur an even bigger one. Create a Culture of Recognition. Understand Incentives to Increase Employee Retention.

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15 Ideas for an Unforgettable Employee Appreciation Day

Achievers

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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How to Protect Your Company from High Employee Turnover

Achievers

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. Make room for personal work styles.