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The Big Stay Phenomenon Prompts Low Attrition Rates in 2024

HR Digest

The “Big Stay” phenomenon has quickly replaced the Great Resignation and employees are choosing stability over job hopping once more. The workforce stability trends are a good sign and low attrition rates in 2024 have made more than one employer happy, but these numbers may not be as permanent as many hope.

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The Great Resignation: A Classic Case Of Poor Employee Experience

Vantage Circle

How much time and energy do they want to spend on their work, and what do they expect from their employers. Resignations in industries such as manufacturing and finance decreased slightly, but resignations increased by 3.6% Find Employees Who Are Likely to Resign. 25% of employees receive timely recognition in their workplace.

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20 Employee Appreciation Ideas That Will Make You Stand Out in 2024

Empuls

→ Moreover, recognition plays a pivotal role in employee retention. In a survey conducted by Glassdoor , 53% of employees reported that they would stay at their current company longer if they felt more appreciated. This, in turn, creates a positive ripple effect throughout the organization.

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Employee Engagement Techniques: From Theory to Practice in Today's Workplace

Empuls

  As per an article by Indeed, employee engagement tools and techniques lead to an increase in employee retention, increase in customer satisfaction, contribution to innovation, and enhanced company culture.  "  4.

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14 Companies with Great Employee Rewards and Recognition Programs

Empuls

’ (Source: CBS News ) 14 Companies with best rewards and recognition programs “Rewards and recognition programs increase employee engagement , loyalty, and productivity, and can also boost talent attraction and employee retention efforts.” Southwest Airlines.

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15 Best Employee Experience Platforms in 2024: Pricing, Features, Reviews & More

Vantage Circle

Best For: Medium & Large Enterprises Key Features Employee Recognition and Rewards Wellness Programs and Benefits Employee Discount Marketplace Feedback and Surveys Communication and Engagement Tools Pros Robust employee recognition and rewards system helps to motivate and retain talent.

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Announcing the Employee Experience Index: Why Moving Beyond Engagement is Essential

BetterUp

Employee engagement has often been viewed as the proxy for employee well-being. The line of thinking is that if engagement is good, that means employees are good, resulting in better business outcomes for employers. Sales functions are lowest in employee experience.

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