article thumbnail

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.

article thumbnail

What is Hire-to-Retire (HTR)?

HR Lineup

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Stipends, PTO and manager support will help caregivers thrive in 2024

Employee Benefit News

From flexibility to expert advice, employers have a better shot of retaining talent when they offer support to employees caring for loved ones.

PTO 306
article thumbnail

Toxic leadership: The silent killer of employee retention

Business Management Daily

Few things contribute to poor employee retention rates as much as toxic leadership in the work environment. Employees need more motivation to go above and beyond. The ripple effects of toxic leadership: Beyond employee turnover As mentioned earlier, employee retention rates suffer under destructive leadership.

article thumbnail

Only 30% of workers say their employer respects holiday PTO

Employee Benefit News

(..)

PTO 246
article thumbnail

5 Benefits to Include In Your Employee Retention Strategy

Best Money Moves

5 benefits to include in your employee retention strategy. Up your employee retention strategy and keep your team where they belong with these five benefits. . These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . Department of Labor.

article thumbnail

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

HR Lineup

VTO vs PTO. Paid time off (PTO) is a paid leave where the employee’s activity is not restricted. The volunteer time off policy will attract community-minded and value-driven employees without you investing so much into the hiring process. Employee Retention. Keep reading to understand the difference.

PTO 246