Published By: Globoforce
Published Date: Nov 06, 2013
Employee turnover is expensive and can be catastrophic to morale and customer service quality. No one wants to see their top talent walk out the door. But how can you keep retention high at your company? We’ve put together a white paper with some stats and advice to help you increase your employee retention rates and keep employees (and customers) satisfied.
Published By: Achievers
Published Date: Jun 26, 2014
Employees don’t leave companies. They leave bad managers. Bad managers are the number one reason employees quit. We’ve all experienced them at some point. They are the leading cause of employee disengagement. Today, 70 percent of North American employees feel indifferent or disengaged at work, costing the U.S. economy nearly $500 billion every year in lost productivity, substandard performance, and employee turnover.
Overlooked Insights In Employee Engagement
Do you know what your employees really want from your organization?
You can, and it pays to find out. But you may have to look beyond survey results (although we highly recommend them) to find out what really drives employee engagement.
The return on increased engagement is solid. A 2016 Gallup study shows that companies in the top quartile for
employee engagement outperform their competitors in the lowest quartile in many categories, including:
• 10% higher customer ratings
• 21% higher profitability
• 20% higher productivity
• 24%-59% lower turnover
• 41% lower absenteeism
• 40% fewer quality defects
The list goes on. Learning what motivates your workforce is a necessary (and profitable) part of your business.
This white paper will help you:
• understand and explore the importance of employee engagement
• drive employee retention and satisfaction
Read on to learn more about what employees want.
Published By: BambooHR
Published Date: Apr 04, 2018
7 Powerful Retention Strategies for SMBs
If businesses are to thrive in today’s economy, then ?nding and re-taining quali?ed employees must be a top priority. Frequent turnover can damage a company’s productivity, negatively affect employee morale, increase costs, and damage overall organizational perfor-mance. Conversely, retaining skilled workers who are committed to the company’s success, who feel a sense of ownership and satisfac-tion with their jobs, and who contribute the exceptional effort that delights customers, creates true competitive advantages. Those powerful payoffs make employee retention a compelling imperative for the leaders of small and medium?sized businesses.
Published By: Tiny Pulse
Published Date: Mar 09, 2016
The recovering economy is great for employees who want to expand their roles and look for jobs that will engage and excite them. But it's a huge challenge for leaders trying to fight turnover in their workforce.
In our landmark Employee Retention Report, we uncover the major factors encouraging your employees to stick around — or run for greener pastures.
This report will show you:
• The power of managerial transparency and respect on attrition rates
• The true impact that colleagues have on workplace satisfaction
• Just how much encouraging PTO usage impacts retention
Along with our free report, you'll get a complimentary 14-day trial of TINYpulse, the employee engagement platform that makes it easy to anonymously take the pulse of your top talent and increase retention rates by up to 49%.
Published By: Tiny Pulse
Published Date: Jul 14, 2016
Keep a Finger on the Pulse of What Your Team Really Thinks
Are you concerned about employee engagement and reducing turnover? Are you looking for timely, actionable feedback on how to create a thriving culture that boosts morale and productivity? And are you also really busy and need a fast, easy solution?
We have your answer: pulsing.
Pulsing is the innovative, real-time evolution of employee engagement surveys. Check out the Advanced Guide to Pulsing for all the key tips and best practices to find out how happy, frustrated, or burnt out your employees are — and what you can do to help.
What separates pulsing from traditional surveys
The three key questions you'll want to include
The critical personnel you need for survey success
How to leverage virtual suggestions and peer-to-peer recognition
Fill out the form to start reading the guide today!
An estimated 75% of voluntary employee turnover is influenced by managers’ behavior. Translation? Employees aren‘t quitting their jobs—they’re quitting their bosses. That’s bad news for organizations planning for innovation, succession, and market longevity.
Want to learn more? Start with the free white paper from Cornerstone OnDemand.
Did you know that without a talent management strategy, a company with 250 employees is losing almost $200,000 every year in preventable turnover alone?
The new eBook, Why Your Nonexistent Talent Management Strategy is Costing You Money – And How to Fix It, shares the alarming hidden costs of managing employees “the way you've always done it.” If your organization is still relying on manual processes to save money, this eBook will show you what you may be leaving on the table and steps you can take today to turn that around.
You'll learn how a better talent management strategy can help your company achieve:
• a 15% increase in earnings
• more than 2x the median revenue per employee
• 41% lower turnover rate among high performers
Published By: TalentWise
Published Date: Jan 20, 2014
Your hiring process directly impacts your retention rate. Did you know 22% of employees leave an organization within the first 45 days?
Your hiring process is an employee's first exposure to your corporate culture. Get it right. There is no second chance to make a first impression.
Download our whitepaper to learn more about improving retention right from the start, including:
• the costs of employee turnover
• generational changes in the workforce
• dichotomy of recruiting vs hiring
• the importance of the first day
Not only are your employees a cost-effective vessel to meet your organization's goals, but they most likely have an impressive network that can be harmoniously merged with yours.
Applying an employee referral program, or ERP, improves the quality of candidates coming into the hiring process. It also helps decrease time-to-hire and turnover rates by funneling a higher number of qualified candidates into your talent pipeline, keeping it brimming with potential hires—a nice problem to have.
Published By: BambooHR
Published Date: Nov 21, 2017
Recruiting can feel a lot like dating: Two parties looking for people they want to spend their days with, both excited for the opportunity to find the right fit but nervous about the risks involved.
And everything is magnified after the first time somebody you thought you had a connection with spurns you. After all, broken hearts can be hard to mend. Just as in love, so it is with company turnover. And nobody likes turnover. For starters, it’s extremely expensive.1 And for recruiters and hiring managers, it’s a huge time consumer.
And quite frequently, turnover can be prevented through better hiring processes. The hard truth is that failed hiring processes can be detrimental to an organization, but the liberating reality is that recruiters can fix so many of these problems just by fixing hiring processes.
So, download this free eBook to see the nine things recruiters do that they shouldn’t if they want to hire and retain the right people.
Published By: BambooHR
Published Date: Apr 23, 2014
Contrary to conventional wisdom, new employees care more about mentoring and on-the-job training than perks like free food during the onboarding process, according to a survey of more than 1,000 U.S.-based employees conducted by BambooHR.
These results provide valuable insights into the importance of an effective onboarding process for training, retaining, and enabling effective employees. Well-defined and executed new-hire orientation programs have a positive effect on reducing employee turnover, and these results spotlight some of the key components of an effective program.
Published By: PayScale
Published Date: Oct 28, 2015
Most business leaders agree that their people are their best asset. Retention is an ongoing concern for most companies. But how do you tackle it? The purpose of this paper is to explore why turnover matters and what it really means to manage it.
Published By: PayScale
Published Date: Mar 01, 2017
Turnover is a basic metric in every HR professional’s toolbox. Turnover tells a story about your company processes, procedures, leadership, and culture. Turnover also speaks volumes about your compensation.
Because turnover and retention are opposite sides of the same coin, you can seek the right balance between them to ensure that you’re driving the right talent to and through your organization.
In response to ongoing rises in employee turnover, companies must take an evidence-based approach to understanding why employees leave and what the organization can do to improve both retention and engagement. Specific data and tools are necessary, and getting feedback from employees is a critical link to gaining strategic knowledge.
Published By: Silkroad
Published Date: Jun 07, 2017
Keeping them onboard
Most organizations today are focusing more attention and resources on employees—particularly on retention, engagement, and branding. Retention, especially of key players and strong contributors, is substantially based on the level of engagement employees have, and that, in turn, is reflected in the employment brand.
We conducted a survey on retention, engagement, and branding in March, 2017. In this free summary, we will cover the results of the survey. Attendees will get answers to the following questions:
•Do you track employee retention/turnover?
•How do you define engagement?
•Do you measure engagement?
•What challenges do you encounter trying to improve engagement?
•Do you have a formal career-planning program?
Published By: BizLibrary
Published Date: Feb 07, 2017
Get your new employees up to speed and reduce turnover at the same time.
Having an onboarding process can make or break new employees’ perception of a company and their relationships with not only their supervisors, but also their peers.
We’ve identified five onboarding best practices to help get your new hires up to speed and comfortable in their role quicker – saving you time and money, while reducing turnover.
In this infographic, you'll learn:
• Why you need a new employee onboarding program
• Key statistics on employee turnover
• 5 steps you can take to get your new employees up to speed
It's been shown that having a more effective onboarding approach can lead to better new-employee retention, reduced turnover, and getting new hires up and running more quickly. Our eBook explains why good onboarding matters and offers best practices for creating your own successful program that transforms onboarding from a chore into an opportunity.
•Why ensuring a great employee experience is a critical competitive differentiator
•The value of preboarding for ensuring new-hire progress before day one
•Onboarding essentials that include specific action items for your new hire's first day through their first six months
•How sharing onboarding processes among different stakeholders can help boost overall effectiveness
•The value of measuring your onboarding program's success
Download this informative eBook and use it as a guide to create a more effective, hassle-free onboarding program for the benefit of both your new hires and your organization
Published By: ForUsAll
Published Date: Jun 18, 2018
While the real cost of losing an employee is difficult to measure and can vary widely depending on job complexity, one study by the Center for American Progress found that turnover for workers earning less than $50,000 annually cost 21% of their annual salary. With the U.S. economy nearing full employment, competition for talent is getting fierce, which means that attracting and retaining quality talent is now more important than ever.
Luckily, there are affordable ways to make your company more competitive at attracting and retaining talent. Offering higher quality, affordable, comprehensive benefits has never been more important. And one of the most important and affordable benefits that you can improve is your company’s 401(k). But just how does one turn their 401(k) into a powerful recruiting and retention tool? In this White Paper, we’ll walk you through five strategies that forward-thinking companies are already using to turn their 401(k)s into strategic business drivers that att