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Top Six Employee Recognition Trends of 2024

Vantage Circle

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The cost of employee turnover can be significant, often estimated to be 1.5

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How to Protect Your Company from High Employee Turnover

Achievers

Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. Furthermore, productivity in the at-home contingent had increased by 13.5

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Meanwhile, the 2020 Eagle Hill Consulting COVID-19 Workforce Burnout Survey found that one in four employees plans to leave their job once the pandemic is over. For millennials and employees with children who are enrolled in virtual school, that number jumps to one in three. What’s fueling post-pandemic employee turnover.

IT 139
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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

There are a few reasons why, including the significant changes to employee expectations during the pandemic. Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home.

Salary 105
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How to combat loud quitting and improve overall employee engagement?

Hppy

Some of these events could include an employee not feeling “seen” in the workplace, a delay in salary payment, or an unnecessary reduction in salary payment. Then, you can publish this program as social media videos to increase your online presence and gain customers’ trust.

Salary 66
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7 Things to Keep in Mind When Hiring and Working With Millennials

Hppy

They Love Their Social Media. Before having a no social media rule in your company, explore other options. Just how important is social media? A recent study has revealed that 1 in 3 millennials prioritize social media freedom over salary. The work culture is one of these considerations. Not anymore.

Media 36
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Everything you need to know about creating a business recruitment strategy

Hppy

Will you be using social media ? Any negotiations regarding salary or terms of employment should take the stage at this point. Here’s a good example of a job description of a graphic designer posted on Jooble: Apart from the job title, the location, job specifications, and responsibilities it also lists the salary range.