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What is employee turnover, and how can you address it?

Achievers

This means that turnover encompasses employees resigning, being laid off, or getting fired. Understandably, however, organizations are focused most on voluntary employee turnover and the reasons behind it. Tracking and reducing employee turnover should be a priority for every company. Lack of cultural alignment.

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Top Six Employee Recognition Trends of 2024

Vantage Circle

Companies like Microsoft have seen 40% higher employee retention rates after gamifying training and onboarding. Peer-to-Peer Recognition: Empowering Teamwork One of the most exciting trends in employee recognition is the rise of peer recognition programs. However, gamification doesn't have to be about fierce competition.

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10 Must-Know Employee Engagement Statistics For 2024

Vantage Circle

This statistic highlights the generational shift in priorities, where meaningful work and a sense of fulfillment outweigh financial compensation. An appreciative work culture helps in employee retention. 72% of executives strongly agree that organizations with highly engaged employees usually have satisfied customers.

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Top Six Employee Recognition Trends of 2024

Vantage Circle

Companies like Microsoft have seen 40% higher employee retention rates after gamifying training and onboarding. Peer-to-Peer Recognition: Empowering Teamwork One of the most exciting trends in employee recognition is the rise of peer recognition programs. However, gamification doesn't have to be about fierce competition.

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How to Retain and Engage your Long-Standing Valued Employees

Empuls

Out of these, long-tenured employees are those who have been with a company for more than five years, while short-tenured employees have been with the organization for fewer than five years. There are a number of reasons why tenured employees quit ranging from improper roles and talent fit to toxic work cultures and management changes.

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6 Incredible Advantages of Keeping Employees Happy

Vantage Circle

Therefore, keeping your employees comfortable and happy is essential in today’s time because it can take your business to the next level and save lots of money. Here, in this article, we will guide you through 6 incredible benefits of keeping employees happy: 1. Better Employee Retention. Improved Productivity.

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Top 20 Examples of Employee Incentive Programs

Vantage Circle

Many companies are also willing to pay retention bonuses to keep employees on board. A retention bonus is financial compensation paid to employees who have remained with their organization for a specific length of time. They offer it as an incentive to ensure that employees don't leave their company.