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What is Employee Retention?

Abel HR

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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4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

For instance, Jacob Morgan, author of The Future Of Work , explained in a Forbes article how AMP Bank in Sydney, Australia makes it a point to sit down with each employee to explain how new technologies and strategies can benefit both parties. It’s important to realize the vital role management plays in the development of a company.

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Why Employee Perks Can Help Your Company Win?

Vantage Circle

Employees in the workplace seek an ideal working environment that promotes learning and development, work-life balance, positive company culture, and overall good experience. A company wins when its employees are happy in their jobs and, therefore, actively contribute to the company's growth. A study by the U.S. A survey by clutch.co

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Employee Promotion: The Types, Benefits, & Whom to Promote

Vantage Circle

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. It is because when employees get a chance to grow they stick with a company.

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Employee Promotion: The Types, Benefits, & Whom to Promote

Vantage Circle

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. It is because when employees get a chance to grow they stick with a company.

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Financial Wellness Benefits: Why You Should Care?

Vantage Circle

As employees care about their health and fitness , they have similar awareness regarding their finances. In this article, I will be talking about the financial benefits that your employees need and what they expect from you as an employer. 20% of Employees would Trade Pay Raises for Better Health Coverage.

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14 Benefits of Employee Engagement that Work

Vantage Circle

Some reasons are lack of recognition, internal office conflicts , lack of pay raise. Employees join a company with expectations and desires. Therefore, engaging employees helps reduce the cost of turnover and improves retention. Related article: 20 Effective Employee Retention Strategies.