HR Digest

MARCH 31, 2023

Employee retention is a crucial factor for organizations to maintain sustainable growth and competitive advantage. A high turnover rate can lead to increased costs associated with recruitment, training, and lost productivity, as well as a negative impact on employee morale and company culture.

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Insperity

OCTOBER 17, 2023

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? Specifically, HR personnel can: Communicate transparently with employees. As it turns out, you can.

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HR Digest

DECEMBER 8, 2023

The association between onboarding and employee retention is a very strong but often forgotten one as companies prefer to finish the onboarding quickly instead of investing too much time in it. Image credit – Freepik) Onboarding and Employee Retention: What Do These Terms Mean? What Is Employee Retention?

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Vantage Circle

JANUARY 10, 2024

Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics. If many employees leave, it can be expensive and cause problems for the company. Why Employee Retention Metrics Matter? Here's why they matter: Cost Savings High employee turnover is costly.

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Best Money Moves

APRIL 20, 2022

5 benefits to include in your employee retention strategy. Up your employee retention strategy and keep your team where they belong with these five benefits. . These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . Department of Labor.

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Vantage Circle

JANUARY 31, 2024

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. This article sheds light on how these surveys can be a game-changer for organizations seeking to understand and enhance their employee experience.

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PeopleStrategy

APRIL 8, 2024

Retention Strategy Development : Armed with insights from stay interviews, HR can develop targeted retention strategies tailored to the unique needs and preferences of employees. Employee Empowerment : Stay interviews empower employees by demonstrating that their opinions matter and are valued by the organization.

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HR Digest

APRIL 28, 2023

Conducting exit interviews can help identify trends and patterns in employee turnover, which can be used to improve employee retention rates. In this article, we will explore the benefits of exit interviews for employee retention and provide effective tips and strategies for exit interviews.

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HR Digest

APRIL 20, 2023

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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Vantage Circle

JANUARY 10, 2024

Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics. If many employees leave, it can be expensive and cause problems for the company. Why Employee Retention Metrics Matter? Here's why they matter: Cost Savings High employee turnover is costly.

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Vantage Circle

JANUARY 10, 2024

Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics. If many employees leave, it can be expensive and cause problems for the company. Why Employee Retention Metrics Matter? Here's why they matter: Cost Savings High employee turnover is costly.

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PeopleKeep

APRIL 16, 2021

As an employer, is implementing an employee retention strategy one of those things you know you need to get to eventually, but it somehow always ends up on the backburner? In this article, we’ll go over why the effort you put into employee retention is truly worth it, plus give you four simple ways you can get started right away.

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HR Digest

NOVEMBER 4, 2023

Amidst their country’s tech talent shortage, HP Indonesia is doing its best to focus on its employee retention instead of acquisition efforts, according to Human Resources Online. industries and it emphasizes the importance of the retention process in HR. Image credit – Freepik) Why Is Employee Retention Important?

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15Five

JANUARY 16, 2024

Here’s a treasure trove of stats on employee retention in 2024. Despite countless advice columns and coaches claiming that employees should switch jobs every few years to maximize their income, most employees stay an average of four years with their employer. Source 57% of employees leave because they feel disrespected.

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PeopleKeep

OCTOBER 17, 2021

When it comes to employee retention , business owners and HR departments need to track specific metrics to make sure the organization isn’t losing employees to other opportunities at too high a rate. Download our full employee retention guide to read later. Short on time?

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15Five

NOVEMBER 14, 2023

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

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Empuls

JANUARY 29, 2024

This article will highlight the importance of and discuss some employee retention trends to watch out for in 2024. What is employee retention and why does it matter? Employee retention encompasses the overall efforts of an organization to keep its staff members from leaving.

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Take It Personel-ly

NOVEMBER 15, 2021

However, while working on their talent acquisition strategies, many companies fail to prioritize employee retention and control a high turnover rate, resulting […]. They are continuously looking to expand and hire the most talented resources to gain an advantage over their competitors.

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PeopleKeep

APRIL 19, 2022

As a result, wellness activities can fall to the wayside, with many employees experiencing a drop in productivity or increased stress. To combat this, organizations increasingly recognize the importance of supporting employee wellness in their workforce, with many implementing programs that promote overall health.

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HR Bartender

JUNE 12, 2018

I came across this article recently on Undercover Recruiter titled, “ Why Employee Retention Should Be a Talent Acquisition Responsibility ”. My takeaway was that talent acquisition professionals play a role in employee retention. Lastly, they make sure the transition from candidate to employee is a smooth one.

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Kollath CPA

APRIL 20, 2023

The federal government’s Employee Retention Credit proved to be a lifeline for many businesses and their employees. Employee Retention Credit: Over but Not Done According to the IRS, most taxpayers became ineligible to claim the ERC for wages paid after Sept. However, the IRS is giving them a break.

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Health Consultants Group

SEPTEMBER 1, 2021

6 Post-Pandemic Employee Retention Strategies. The pandemic gave many employees a break from the workplace. As employers gradually get back to business as usual, many employees are searching for a new normal. You’ll need to reassess your employee retention strategies to keep them on board. .

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Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. So, helping your employees tackle their stress can keep your retention up — and battling financial stress specifically is key. .

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HR Lineup

MARCH 3, 2022

Employee turnover can be expensive as it digs into a company’s finances due to frequent recruitments. As an employer or HR professional, you must find ways to attract and retain the best employees. Such employees will add value to your business, and as a result, it will be easier for you to achieve all set organizational objectives. .

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Empuls

APRIL 25, 2024

Employee retention is crucial in this competitive market. Did you know how PepsiCo energizes and retains its employees?       Employee autonomy and influence : Nooyi empowered employees to solve problems creatively and make decisions.   When employees leave, it's costly.

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BerniePortal

AUGUST 18, 2023

Role ambiguity occurs when an employee is not given a clear job description; there aren’t defined objectives for the role and the responsibility breakdown is vague. What is Role Ambiguity?

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Business Management Daily

DECEMBER 6, 2021

Employee retention is a major challenge for employers at this time. Employees largely put off changing jobs during the pandemic due to the level of instability in the labor market. Here is a list of the most effective employee retention strategies to help you create a workplace that your employees won’t want to leave.

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Snell & Wilmer Benefits

JANUARY 26, 2024

Lowry The IRS continues to evaluate and process Employee Retention Credit (“ERC”) claims with a focus on inaccurate and ineligible filings. The short-duration relief, known as the Employee Retention Credit Voluntary Disclosure Program (“ERC-VDP”), will run until March 22, 2024.

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HR Digest

APRIL 11, 2023

In today’s competitive job market, attracting top talent is a challenge, but retaining those employees can be even more difficult. To succeed in retaining employees, organizations must implement effective strategies that address the unique needs and desires of their employees. Why are employee retention strategies important?

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360PEO Inc.

AUGUST 6, 2021

You may be eligible for the Employee Retention Tax Credit (really!) payroll #cashflowmanagement #bookkeeping #financeEmployee Retention Tax Credits (#ERTC) under CARES ACT have been available for #SMB yet there has been confusion. The post Employee Retention Tax Credit appeared first on 360PEO Inc.

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Best Money Moves

DECEMBER 5, 2022

Financial wellness leads to employee retention, says Bank of America report. Researchers find increasing evidence between financial wellness benefits and employee retention. Financial wellness resources are just one of many ways that companies can boost employee retention and attract top talent.

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Wellable

JANUARY 6, 2021

Many articles, including ones on this blog, have touted the benefits of employee retention. For countless companies, employee retention is a primary driver for investing in enhanced benefits, including employee wellness programs, and it is often the focus of academic research.

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Best Money Moves

JUNE 8, 2021

4 benefits to help boost post-COVID employee retention. An employee mass-exodus could be coming to the post-COVID workforce. The mass employee exodus is due in no small part to a changing work landscape and increased employee burnout as a result of the COVID-19 pandemic. What can employers do to keep top talent? .

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Abel HR

JANUARY 7, 2021

In this article, we’ll discuss what is employee retention and why it’s important to any venture, big or small. We’ll also tackle a few ways to retain employees in your organization better. What Is Employee Retention? Before anything else, let’s clarify this – what is employee retention?

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Patriot Software

MAY 12, 2020

One option for employers is the Employee Retention Credit (ERC). Read on to learn the ins and outs of the ERC, including how the Employee Retention Credit works and how it can help […]. The post What Is the Employee Retention Credit, and How Does It Work for Employers?

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Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 18, 2022

In this episode of The Proskauer Benefits Brief, Proskauer partner David Teigman , senior counsel Nick LaSpina , and special guest Michelle Garrett , a principal at the compensation consulting firm Semler Brossy, discuss employee retention. David Teigman: Today, I wanted to talk about employee retention.

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Hppy

APRIL 9, 2021

Employee turnover is expensive on many levels to the employer. The average cost of replacing an employee is 21% of their annual salary. It is essential to tackle employee retention from different angles simultaneously to achieve positive results. . This aspect is especially important when promoting employees.

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