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5 Eye-Opening HR Stats: Why Employee Recognition Matters

Achievers

What defines an effective retention strategy varies from business to business, but there is one common element that has been found to work across most business types and sectors: employee recognition. In addition, 75% of employees who received at least monthly recognition (even if informal) reported being satisfied with their jobs.

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Why Employee Recognition Matters

Achievers

Think carefully, because over 65 percent of employees report they don’t feel recognized at work. And lack of recognition just happens to be the number one reason why employees quit. Employee recognition drives employee engagement, and with higher employee engagement come lower turnover rates and stronger business results.

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How to Protect Your Company from High Employee Turnover

Achievers

Recognizing your employees for the contributions they make is another essential element in any program to increase retention. This basic management truism is all too easy to set aside when the pressure is turned up for higher productivity — but the price of ignoring employee recognition is far too high to pay.

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5 Keys: How to Become an Inspirational Leader

Achievers

With 51 percent of employees reporting that they are not happy at work (see our latest infographic ), companies clearly need more inspirational leaders to boost employee engagement and retain top talent. Want to learn more about the current state of employee disengagement? About Marci Peters.

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Where HR Tech Is Headed

Achievers

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.

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10 Scary HR Stats That’ll Make You Howl This Halloween

Achievers

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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How to Address High Turnover With Retail Employees

Achievers

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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