Remove Employee Retention Remove Employee Wellness Remove Retail
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How to calculate and increase employee retention rate

Achievers

Even if your company has developed a great employer brand that helps it attract top-notch employees, it won’t be able to leverage their abilities for long without a high employee retention rate. Calculating and analyzing your organization’s employee retention rate is the first part of any effective employee retention strategy.

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Understanding employee turnover rates

Achievers

Retail: Research from McKinsey reveals that turnover rates for frontline retail workers have long hovered around 60%. Professional services: According to research by Statistica , professional services organizations around the globe report an employee attrition rate of 12.5%.

Retail 172
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Discover the top employee rewards software platforms of 2024

Achievers

more likely to see employee retention than customers of other providers Customers using the Achievers platform are 36% more likely to see an increase in employee engagement than customers of other providers Employees who have an expansive reward marketplace to use their points are 75% more likely to feel more productive at work 2.

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Top 15 Employee Engagement Gifts for 2024

Empuls

Companies with highly engaged employees experience a 17% increase in productivity compared to those with low engagement levels. Improved employee retention : Engagement gifts strengthen employees' emotional connection to the company, contributing to reduced turnover rates. How to engage new employees?

Retail 40
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Employee Gift Card Programs: The Key to Engaging and Rewarding Your Workforce

Empuls

With a wide range of options available— from retail brands to personalized experiences—gift card programs have become a go-to strategy for companies aiming to motivate and retain their workforce. Retail Gift Cards Retail gift cards remain a top choice because they offer employees access to their favorite stores.

Retail 52
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Employee Discount Platform: A Simplified Guide with Best Practices

Empuls

  What is employee discount platform  An employee discount platform is a digital system that provides employees with access to various discounts and savings on products and services from a wide range of retailers and service providers.  

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The Importance of Employee Recognition: With Statistics and Examples

Vantage Circle

Backed by examples, we'll unveil the transformative power of employee recognition. Key Takeaways What is Employee Recognition ? Impact of Recognition on Employee Retention and Employee Experience How can the Recognition Program Drive Business Goals? How can Recognition Boost Employee Well-being ?