Employee Retention and IT - Comp and Benefits Today

What is Employee Poaching & How to Deal With It?

HR Lineup

JULY 20, 2024

One practice that has become increasingly common is employee poaching. While it might sound like a term from a corporate espionage thriller, employee poaching is a real and pressing issue for many organizations. This article delves into what employee poaching is, its implications, and strategies for dealing with it effectively.

IT

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3 Employee Retention Best Practices

Achievers

MARCH 4, 2020

Here are the most effective employee retention best practices that reinforce productive behaviors and deepen job satisfaction. Because when employees thank coworkers for a job well done, those employees take ownership of their own job roles. Quest partnered with Achievers and adopted our Employee Success Platform.

Employee Retention

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Upskilling: The key to higher productivity & employee retention

Business Management Daily

AUGUST 5, 2024

63% claim they will focus on teaching employees new skills via an upskilling strategy. Properly upskilling an employee requires a significant investment of time and resources on your organization’s part. Here’s a look at the top advantages of providing learning and development opportunities for your employees. The solution?

Employee Retention

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10 Best Employee Retention Software in 2024

HR Lineup

JULY 30, 2024

Employee retention is a critical challenge for organizations across industries. To address this issue, many companies are turning to employee retention software, which uses advanced technologies to help retain top talent. What is Employee Retention Software?

Employee Retention

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The Future of Employee Benefits: Trends to Retain and Attract Top Talent

Speaker: Sharell Thomas-Hodge - Total Rewards Director, Speaker, Coach, and Consultant

Employee preferences are also evolving. The key to employee retention and attraction in this new era is a holistic approach to your total rewards strategy. As a result, benefits products and services have evolved and will continue to do so.

Employee Benefits

Top 10 Employee Retention Strategies for 2022

HR Lineup

MARCH 3, 2022

Employee turnover can be expensive as it digs into a company’s finances due to frequent recruitments. As an employer or HR professional, you must find ways to attract and retain the best employees. Such employees will add value to your business, and as a result, it will be easier for you to achieve all set organizational objectives. .

Employee Retention

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Seven Effective Employee Retention Strategies

Take It Personel-ly

NOVEMBER 15, 2021

However, while working on their talent acquisition strategies, many companies fail to prioritize employee retention and control a high turnover rate, resulting […]. They are continuously looking to expand and hire the most talented resources to gain an advantage over their competitors.

Employee Retention

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How to combine employee retention bonuses with recognition for maximum impact

Achievers

DECEMBER 19, 2024

Did you know that for entry-level positions, turnover costs range from 30% to 50% of the employees annual salary ? In this blog, well explore how blending these approaches can strengthen your teams loyalty, enhance engagement, and create a workplace culture where employees truly want to stay. What is an employee retention bonus?

Bonuses

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5 Employee Retention Strategies to Keep Your Team Intact and Motivated

Take It Personel-ly

MAY 27, 2019

Unfortunately, employees leave their jobs for greener pastures all the time, and retaining them can seem difficult. If you want your company to benefit from the labor of your best and brightest, it’s vital that you start thinking about the ways […].

Employee Retention

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7 employee behaviors it pays to recognize

Achievers

OCTOBER 5, 2021

Recognition is essential to retaining and engaging employees, but few organizations provide enough of it. A startling 82% of employees wish they received more recognition for their efforts. Ninety-two percent of employees agree that when they’re recognized for a specific action, they’re more likely to repeat the action again.

IT

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No layoffs and a 6 year long tenure rate: Torani's secret to employee retention

Employee Benefit News

DECEMBER 12, 2023

Melanie Dulbecco, CEO of Torani, shares how the syrup and sauce company maintains high retention rates through its policies and culture.

Employee Retention

Employee Retention IT Management

What is Equity Compensation & How It Work?

HR Lineup

APRIL 19, 2024

Retention and Incentives: Equity compensation serves as a powerful tool for employee retention and motivation. By offering employees a stake in the company’s success, it incentivizes them to work towards the company’s long-term goals and objectives. The post What is Equity Compensation & How It Work?

Equity Compensation

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What Is Internal Mobility and Why Do You Need It?

HR Lineup

JUNE 20, 2024

It contrasts with external recruitment, which involves hiring new employees from outside the organization. By emphasizing internal mobility, companies can optimize their talent pool, enhance employee engagement , and ensure a better alignment of skills and positions within the organization.

IT

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What Are The 5 Main Drivers of Employee Retention (With Tips and Examples to Improve Them)

Vantage Circle

FEBRUARY 3, 2025

Interestingly, employee retention works a lot like that puzzle. Each of your employees is a crucial part, contributing to your organization’s big picture. Also, you’ll be shocked to know that, The average cost of turnover per employee can be thousands of dollars. Don’t get me wrong. So, here they are!

Employee Retention

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What is Volunteer Time Off (VTO) and How to Use it?

HR Lineup

MAY 24, 2022

VTO is a form of leave where employees get paid to go and volunteer in specific charity/community-based functions. Employers realized that volunteering programs improve employee engagement and corporate social responsibility. Paid time off (PTO) is a paid leave where the employee’s activity is not restricted. Employee Retention.

PTO

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What is Hire-to-Retire (HTR)?

HR Lineup

SEPTEMBER 24, 2024

The objective of HTR is to create a seamless experience for employees while optimizing workforce management and enhancing organizational efficiency. Employee Retention and Loyalty HTR emphasizes employee engagement, recognition, and development—all factors that contribute to higher retention rates.

Retirement Plan

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How to Scale Hiring for an Early-Stage Startup?

HR Lineup

SEPTEMBER 14, 2024

However, managing remote employees comes with its own set of challenges, particularly when it comes to scaling. Build a Remote-First Infrastructure Ensure that your startup has the right tools and processes in place to support remote employees. Greenhouse: Known for its structured hiring approach and data-driven insights.

Health

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What it would really take for a pensions comeback

Employee Benefit News

JULY 17, 2024

While the revival of traditional pension plans faces significant hurdles, the exploration of hybrid solutions and innovations in retirement planning could provide a path forward.

Pension

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Applying for paid leave? This company makes it a one-step process

Employee Benefit News

JULY 2, 2024

Employees want more support and organizations have the means to provide it as long as they invest in the right places.

Paid Leave

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14 Amazing Benefits of Employee Retention for Business Success

Vantage Circle

JULY 9, 2024

Have you ever wondered why employees keep leaving despite the company’s best efforts to retain them? 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.

Employee Retention

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Breaking down the labor market: What it means for employees and employers

Employee Benefit News

JULY 23, 2024

Unemployment is on the rise, job gains are slowing and wage growth is stalling. What does it all mean?

IT

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Target is doubling its employee bonuses this year

Employee Benefit News

MARCH 21, 2024

The move follows better-than-expected earnings in recent weeks, and will benefit all eligible salaried workers.

Bonuses

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What is an Inclusive Interview and Why is it Important?

HR Lineup

JULY 28, 2023

Employee Engagement and Retention: When employees see that their workplace values diversity and inclusion, they are more likely to feel engaged, valued, and included, leading to higher job satisfaction and improved employee retention rates. The post What is an Inclusive Interview and Why is it Important?

IT

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What it takes to keep talent in 2024

Employee Benefit News

FEBRUARY 2, 2024

By establishing trust and equity within their organization, companies stand a better chance at hanging on to valuable employees.

IT

IT Employee Retention

Job Enrichment: Meaning, Methods, Models, Benefits & Examples

HR Lineup

JULY 24, 2024

In the ever-evolving landscape of modern workplaces, maintaining employee satisfaction and motivation is paramount for organizational success. Job enrichment focuses on enhancing a job’s inherent elements to make it more rewarding and fulfilling for the employee. Increased responsibility helps employees feel trusted and valued.

Construction

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List of Top Pay Equity Software in 2024

HR Lineup

OCTOBER 24, 2024

The main goal of pay equity software is to ensure that employees are compensated fairly and consistently based on their role, experience, and qualifications, without bias or discrimination. Better Employee Retention: Employees are more likely to stay when they feel valued and compensated fairly, reducing turnover.

Software

Software Payroll System Engineering Payroll

Employee retention strategies… the trick to keeping your talent

Employee Benefits

FEBRUARY 26, 2024

Employee retention is an ongoing theme for employers and HR professionals, and for good reason. It’s more cost-effective to invest in employee retention strategies than it is to attract, onboard and train new starts. Are you at high risk of high employee turnover? Creating an enviable company culture Values matter.

Employee Retention

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7 Tips and Tricks to Increase Employee Productivity

Take It Personel-ly

MAY 4, 2021

Keeping employees productive can help with numerous business goals from employee retention to contribution and overall efficiency in the workplace. There are many simple solutions and tricks to increase productivity and create an awesome workplace environment!

Employee Retention

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What is Value-Based Recruitment, and Why is it Critical to Success?

HR Lineup

APRIL 11, 2022

The best element of value-based recruiting and hiring is that it benefits both the employer and the employee. As mentioned earlier, having employees that fit into your business culture makes them comfortable. Increased Employee Retention. By considering compassion, honesty, creativity, etc.,

Recruitment

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HRIS vs. ATS: Which HR Tool Best Fits Your Business Hiring Needs?

HR Lineup

SEPTEMBER 28, 2024

It is designed to manage various HR functions, ranging from employee data management and payroll to performance reviews, time tracking, and benefits administration. Essentially, an HRIS acts as a centralized database for all employee-related information. Its focus is on managing the lifecycle of an employee once they are onboarded.

Human Resources

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What is Diverse Slate Hiring in HR? A Complete Guide

HR Lineup

SEPTEMBER 16, 2024

Improves Employee Retention Employees who work in inclusive environments tend to have higher job satisfaction , leading to lower turnover rates. Stronger Employer Brand Organizations with a reputation for promoting diversity and inclusion are often viewed more positively by employees, customers, and the public.

Recruitment

Recruitment Employment Employee Retention Consulting

IT departments, stretched thin amid hybrid work, are craving AI support

Employee Benefit News

SEPTEMBER 1, 2023

There are numerous tactics leaders can introduce to their organizations to keep IT workers from calling it quits.

IT

IT Employee Retention Technology

Understanding employee turnover rates

Achievers

SEPTEMBER 12, 2024

Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response. By analyzing turnover rates, organizations can proactively address underlying issues and improve employee satisfaction and retention for the long term.

Retail

Retail Professional Services Employee Retention Salary