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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.

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Your HR budget: 6 line items to prioritize right now

Insperity

These include: Recruiting Hiring Onboarding Compensation Benefits Training Software and other technology Administrative costs It’s always good practice to re-evaluate your budget allocation and all line items routinely. Or, companies struggling with retention may need to close skills gaps, which may necessitate cross-training staff.

Salary 101
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Why Evidence-Based Decision Making Will Grow your Company

Abel HR

The HR pros at a Professional Employer Organization (PEO) can help you work with data to develop best practices for your business. Just looking at these areas—employee retention and recruitment and safety—through analytics can help save money while aligning human resources with the business’ long-term strategic growth plan.

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8 HR KPIs to measure in a post-pandemic workplace

Insperity

As a result, employee satisfaction is a major concern for HR professionals. Much like engagement, HR can best measure employee satisfaction through surveys. Employee retention. Employee retention is all about those workplace attributes that convince team members to stay for a long time.

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Federal tax reform: 5 HR must-dos for every business

Insperity

If you’re not planning to hire more employees, you may be able to give raises or one-time bonuses that will help retain employees. When you share the bounty with the people who keep your business going and growing , you improve employee retention, which can help keep your company’s momentum rolling and build loyalty among employees.

Taxes 70
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How to do a company SWOT analysis, and why it matters

Insperity

Examples of strengths: Education, specialized knowledge and skill sets within your team Access to certain technologies Intellectual property or patents Efficient, proven-successful business processes Effective business strategy Good location Positive workplace culture High employee retention. Weaknesses.

IT 80
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What makes a good workplace that gets employees to stay?

Insperity

Continually recognize employees for their efforts, and make them feel valued. It proved that, with the right technology and good management built on trust and regular communication, remote work can be just as effective as traditional means of work. Allow more flexibility in work location and scheduling.

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