Vantage Circle

JULY 9, 2024

This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment. Companies with high retention rates enjoy a plethora of advantages, from substantial cost savings to enhanced productivity and a stronger company culture.

Employee Retention 110

Employee Retention Bonuses Recruitment Salary 110

Vantage Circle

SEPTEMBER 20, 2022

The phrase "Employee Engagement" frequently appears in today's highly interconnected and modernized global economy. Employee Engagement is currently transforming dramatically toward customized employee needs with a multigenerational workforce approach. What Is Employee Recognition?

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Employee Recognition IT Human Resources Employee Retention 105

Achievers

MARCH 9, 2017

Employee retention is a key goal for every company, but it’s important to drill down into this metric and make sure you’re doing a good job of identifying and keeping your top performers. These employees deliver 400 percent more productivity than the average worker, according to statistics published in Harvard Business Review (HBR).

Employee Recognition 200

Employee Recognition Employee Retention Salary Technology 200

Achievers

DECEMBER 22, 2016

Studies on turnover estimate that when an employee leaves a company, it can cost the organization between 30 to 250 percent of that person’s annual salary due to factors like loss of productivity and other associated replacement costs. Learn how to build a culture of recognition by downloading The Case for Employee Recognition Ebook.

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Employee Recognition Human Resources Benefits Package Employee Retention 168

Take It Personel-ly

DECEMBER 16, 2019

From a well-earned raise to using social media to tout the accomplishments of your employees, there are plenty of ways to celebrate the hard work and accomplishments of your staff. Failure to recognize and reward your staff and associates can be toxic to workplace morale. Even small gestures often make a real impact. Raises and […].

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Employee Recognition Media Employee Loyalty Human Resources 162

Achievers

JANUARY 12, 2021

Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. According to Human Resources Today, that translates to $19 billion in costs related to hiring and training new employees.

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Retail Employee Retention Employee Recognition Food 179

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? There are lots of tips out there for guiding managers in retaining their direct reports.

Employee Retention 111

Employee Retention 401(k) Benefits Package Construction 111

Achievers

NOVEMBER 1, 2016

One-third of all employees know within the first week at a new job whether they will stay with the company for the long term. Your onboarding process should be built with employee retention as one of its primary objectives. With this in mind, it is important to focus on the quality and structure of your onboarding process.

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Employee Retention Employee Recognition Work From Home Media 229

Vantage Circle

MARCH 26, 2025

Recognition and Appreciation A thoughtful "thank you" or public acknowledgment can profoundly impact employee morale. Recognition validates employees' efforts and motivates continued excellence. 71% of participants rated tuition assistance among the best benefits offered by their employers after healthcare.

Bonuses 80

Bonuses Employee Retention Human Resources Workplace Flexibility 80

Achievers

JUNE 19, 2018

Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. Wayfair CEO Niraj Shah identifies employee rewards and recognition as one of his three key ways for retaining employees.

Employee Retention 207

Employee Retention Human Resources Employee Recognition Consulting 207

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. To combat turnover, it’s time to take a more active approach in retaining employees and boosting engagement. Employee recognition.

Employee Retention 119

Employee Retention Overtime Salary Flexible Spending Account 119

Achievers

JUNE 10, 2020

Meijer is able to effectively engage and motivate their workforce of 70,000 team members and strengthen key business metrics through the power of recognition. According to a recent Brandon Hall Group report , organizations that have a strong culture of recognition are: 3x more likely to see increased employee retention.

Retail 249

Retail Employee Retention Human Resources Employee Recognition 249

Achievers

AUGUST 17, 2017

When you examine the reasons behind this puzzling tendency to leave a valuable resource on the table, the problem is clarified. Read on to understand why you need to enforce your company’s vacation and break time if you want to build your employee retention and facilitate the safety and wellness of your workers.

Paid Vacation 195

Paid Vacation Employee Incentives Human Resources Employee Recognition 195

Achievers

JANUARY 23, 2018

Here are the main reasons workers cite for leaving their positions, and how you can slow this expensive leakage and build your employee retention: They Don’t Get Along with Their Boss. This reason is the elephant in the room, and we can’t discuss employee retention without starting here. They Don’t Feel Challenged.

Human Resources 168

Human Resources Employee Retention Health Salary 168

Achievers

OCTOBER 13, 2015

If you find yourself seeking creative ways to increase employee retention and reward exceptional worker effort, here are a few useful points to keep in mind. If you reward your employees’ best efforts with flexible work arrangements (FWAs), you’ll enhance your employer brand. Salary isn’t the key factor in engagement.

Employee Loyalty 206

Employee Loyalty Salary Employee Retention Human Resources 206

Achievers

MARCH 20, 2018

Organizations must shift towards strategic human resource management or use the HR department to formulate HR strategies based on the company’s short- and long-term goals. Do you have a retention strategy in place? Get started with Achievers’ infographic on 6 Stats That Speak to Employee Retention. . .

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Human Resources Technology Recruitment Employee Retention 194

Achievers

MAY 1, 2018

Are you ready for the future of human resources? The amount of resources being poured into that market bears out his statement: He notes that in 2015 alone, investors sank $2.4 Bersin’s report notes that over 120 vendors are currently providing tools for continuous real-time evaluation of overall employee well-being.

Human Resources 195

Human Resources Technology Employee Recognition Utilities 195

Empuls

JANUARY 14, 2022

But if those employees end up leaving after a year or two, you’re right back where you started - having to hire again and wasting more money and time on recruitment. Increasing employee retention helps you hold onto those great employees, reducing turnover and recruitment costs. What is employee retention?

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Employee Retention Recruitment Technology Management 98

Achievers

DECEMBER 14, 2017

In result, a study by DailyPay showed that employees are 1.9x Prioritize Recognition and Rewards. Making it as simple as possible for your managers to recognize employees on a daily basis will help ensure that your managers are actively participating. Recognizing employees will directly help i mprove your bottom line.

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Employee Retention Employee Recognition Payroll System Payroll 135

Achievers

MAY 9, 2017

To accomplish this, a clear understanding of the link between an employee’s efforts and business success is key. Recognition for improved employee engagement. Highly engaged employees are 87 percent less likely to leave the organization.

Employee Recognition 191

Employee Recognition Technology Recruitment Employment 191

Achievers

DECEMBER 1, 2016

We’re way beyond the old paradigm of years-of-service plaques or holiday gift cards as a form of employee recognition. We know that such rewards, tied to tenure or sporadically bestowed on an individual employee for a job well done, fall short of achieving any larger goal. By: Meghan M.

IT 215

IT Employee Recognition Media Retail 215

Achievers

JANUARY 24, 2017

To help you celebrate in style, we shared a list of fun ideas to help spread employee appreciation across your entire organization – including how to enhance wellness perks and boost employee recognition. Read more > 4 Ideas For Celebrating Employee Anniversaries. Cheers to 2017! About Kellie Wong.

Employee Recognition 135

Employee Recognition Employee Retention Media Recruitment 135

Achievers

JUNE 20, 2017

Promoting financial wellness and addressing the negative effects of money-related stress on employees is often overlooked by companies when they seek to lessen the stress level of their workforce. Flexible work options , such as telecommuting, part-time roles, and flexible scheduling, can have a major impact on an employee’s quality of life.

Health and Welfare 204

Health and Welfare Financial Counseling Human Resources Employee Retention 204

Vantage Circle

JANUARY 28, 2019

Employee retention refers to the ability of an organization to retain its employees. Employees are the lifeline of any organization. When these skilled employees walk out of the door, it becomes difficult to find good replacements. Even with good compensation and benefits, employees quit. Employee Morale.

Employee Retention 53

Employee Retention Human Resources Employee Recognition Salary 53

Achievers

OCTOBER 17, 2017

As a result, today’s employees don’t trust their leaders like they used to. And because of this, many areas of the business might suffer, like employee engagement and employee retention. That said, earning the title of “manager” is one of the greatest professional milestones a contributor can achieve.

Management 95

Management Health Employee Recognition Employee Retention 95

Achievers

SEPTEMBER 19, 2017

Their previous employee recognition strategy consisted of a ubiquitously disliked service awards program that was perceived by employees as being impersonal and demotivating. This type of employee experience was unacceptable and something had to be done about it. More than 43,000 recognition moments in one month alone.

Employee Recognition 57

Employee Recognition Media Food Employee Retention 57

Achievers

APRIL 10, 2018

Clearly a new approach to employee retention is needed, and KT mentoring fills that need by introducing new standards of clarity and structure into the transfer of knowledge within a company. Put Structure in Your Mentoring. Plus, sharing what you’ve learned with an eager young protege can be a highly gratifying process. Contact Us.

Management 175

Management Employee Retention Employee Recognition Human Resources 175

Achievers

JANUARY 9, 2018

This person may do anything from standing in line for concert tickets to taking an employee’s car in for an oil change – helping workers with that tricky work-life balance. Employee Recognition.

Architecture 147

Architecture Employee Recognition Transportation Employee Retention 147

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

Employee Retention 98

Employee Retention IT Employee Recognition Hospitality 98

Achievers

OCTOBER 20, 2016

In 2014, a Deloitte HR analysis found that 48 percent of executives lacked confidence that their human resources department was capable of meeting global workforce demands. Depending on the location of your employees and offices, you may have a lot of education and retraining to invest in. #5: 5: On Again, Off Again.

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Human Resources Recruitment Education Employee Retention 184

Vantage Circle

JANUARY 28, 2019

Employee retention refers to the ability of an organization to retain its employees. Employees are the lifeline of any organization. When these skilled employees walk out of the door, it becomes difficult to find good replacements. Even with good compensation and benefits, employees quit. Allegis Group ).

Employee Retention 45

Employee Retention Human Resources Employee Recognition Salary 45

Achievers

AUGUST 6, 2020

Of course, practicing recognition is not as easy as purchasing a platform and hoping for the best. Companies need to carefully tailor their employee recognition program to their unique environment to ensure it delivers the expected results. Types of recognition. Social recognition. Design the program.

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Employee Recognition Healthcare Employee Retention Management 313

HR Digest

APRIL 15, 2024

Employee retention is crucial for the success of any organization and the tools you use to enhance employee engagement are just as important. Engaged employees are more productive, loyal, and motivated, leading to improved business outcomes.

Employee Recognition 110

Employee Recognition Software Human Resources Utilities 110

Hppy

MAY 31, 2017

When it comes to human resources results, one of the key things that needs to be focused on is employee retention. One of the best ways to increase your retention rate if you’re worried about losing top talent is to put more focus on employee recognition. Benefits of Employee Recognition.

Employee Recognition 51

Employee Recognition IT Human Resources Bonuses 51

Achievers

NOVEMBER 6, 2017

By leveraging the technologies laid out above, you can streamline your HR responsibilities and help foster a friendly, productive environment that encourages your employees to reach their full potential. To learn more about the importance of employee engagement, check out this fun infographic 6 Stats That Speak to Employee Retention. . .

Technology 206

Technology Finance Software Employee Retention 206

Business Management Daily

SEPTEMBER 14, 2022

The importance of employee recognition. Some in management, however, turn up their nose at the idea of worrying about employee recognition. Some of the benefits of employee recognition efforts include: Helping to attract top talent. Promoting employee retention. Things that merit recognition.

Employee Recognition 52

Employee Recognition Bonuses Media Salary 52

Vantage Circle

DECEMBER 5, 2019

CLOUD-TECHNOLOGY WILL CONTINUE TO REIGN : Cloud tools will continue to make noise in the human resource management landscape. Technology has already emerged in every facet of human resource management. 92 percent of employees believe showing empathy is an important way to advance employee retention.

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Human Resources Technology Media Construction 143