With the Society for Human Resource Management estimating that replacing an employee costs businesses between 50-200% of their annual salary, employee retention strategies aren't just feel-good ...
Sustaining an invested and dedicated workforce is a crucial yet challenging task that every employer faces. Between a competitive job market, family obligations and work-life balance priorities, the ...
The job market has shifted. Quit rates from the U.S. Bureau of Labor Statistics are slowing down. The Great Resignation prompted organizations to combat turnover with a reactive approach. They threw ...
Over my 30-year career, I have witnessed firsthand the challenges and rewards of employee retention. Retaining top talent is more than just a competitive advantage — it’s essential for sustaining ...
The tech industry's rapid evolution and the constant shifts are driving high turnover rates, with figures reaching 13.2% and even 18.3% in some IT sectors, significantly surpassing those in other ...
Dave Barnett is chief human resources and university relations officer at DeVry University. Views are the author’s own. Organizations nationwide have been racing to attract and retain top talent in a ...
In today's competitive market for talent, employees have higher expectations than ever before. Workers are increasingly seeking flexible hours, competitive pay and engaging and unique benefits. This ...
In an increasingly competitive foodservice industry, businesses are turning to innovative staff retention strategies to keep their staff motivated and engaged. From small cafes to large restaurant ...
The dynamics of employee attraction and retention have shifted significantly in recent years, requiring employers to prioritize employee well-being and satisfaction, according to a July 13 report from ...
If you had told me five years ago that concierge medicine would go mainstream, I probably would’ve laughed. The perception was pretty fixed: it was a perk for senior leadership, a flashy benefit for ...
Use a variety of channels to gather these insights: anonymous surveys, focus groups, one-on-one meetings, and stay and exit ...
Everyone agrees: loyal employees should be rewarded. But how and with what? Almost nobody agrees on this, yet getting it wrong is one of the fastest ways to see your employee retention rate plummet.
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