This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Total rewards doesn’t just pertain to financialcompensation ? Financialcompensation. Financialcompensation isn’t the be-all and end-all of incentivizing employees, but it’s still a key part of an organization’s total rewards offerings. Improved employeeretention.
The cost of employee turnover can be significant, often estimated to be 1.5 to 2 times an employee's annual salary.” Companies like Microsoft have seen 40% higher employeeretention rates after gamifying training and onboarding. However, gamification doesn't have to be about fierce competition.
This statistic highlights the generational shift in priorities, where meaningful work and a sense of fulfillment outweigh financialcompensation. An appreciative work culture helps in employeeretention. 72% of executives strongly agree that organizations with highly engaged employees usually have satisfied customers.
The cost of employee turnover can be significant, often estimated to be 1.5 to 2 times an employee's annual salary.” Companies like Microsoft have seen 40% higher employeeretention rates after gamifying training and onboarding. However, gamification doesn't have to be about fierce competition.
When an organization extends genuine support, it sees returns in higher morale and improved employeeretention. It’s not about filling positions but shaping a culture that makes employees thrive. Recommended Resource: The Impact of Company Culture on Employee Engagement 2.
We organize all of the trending information in your field so you don't have to. Join 46,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content