When a number of employees walk out the door, it can put the strength of your company – and its bottom line – at risk. The good news? You can work to prevent high turnover by focusing on employee retention. Here are four ways to retain your star performers and cut down on revolving door… Read More »
When employees are praised and recognized, they not only feel happier but are more productive and loyal to the company. In addition, it creates a more positive workplace culture, one where you can better attract top-quality employees to in the future. However, due to lack of time, energy, or resources, not all employers provide employees… Read More »
The workplace has changed dramatically in the past few years. Gone are the days of employees remaining with a company for decades and retiring from it. Instead, everything from AI and globalization to new generations entering the workforce mean the same-old approaches to retention no longer work. When it comes to keeping your top talent… Read More »
Keeping your best people is imperative to business success. However, it’s also harder to retain them with your competition searching for smart, talented candidates – even passive ones. How can you keep your hard-working team loyal and productive? Rewarding them is one way to keep them committed. In fact, according to studies, 78% of employees… Read More »
The pandemic did more than cause shutdowns and social distancing. It led to what’s now called the “Great Resignation.” This is an ongoing economic trend where workers are calling it quits, en masse, and voluntarily. It began in early 2021 with the number of workers leaving their jobs in January at 2.3%. Over the course… Read More »
Once you hire a new employee, your work isn’t done. Your focus should shift to retaining them. Effective employee retention strategies do more than just help you keep core staff. They impact every aspect of your business, from your other staff members to customers, profit margins, and so much more. Here are just a few… Read More »
How long do most people stay on the job? According to the U.S. Bureau of Labor Statistics, it’s around 4.2 years. Depending on your industry, you could be seeing employees turn over much more frequently than that. Considering what’s invested to recruit, hire, train and support employees, it pays to support your business by keeping… Read More »
There are a variety of reasons why employees quit. Some want a shorter commute. Others have spouses who get relocated. And still others are ready to make a major career change. In these cases, you don’t have a lot of control. However, in the majority of cases related to retention, issues with the employer is… Read More »