Remove 2016 Remove Benefits Remove Employee Engagement Remove Retention
article thumbnail

8 Top Employee Retention Factors

Vantage Circle

Employee retention refers to the ability of an organization to retain its employees. Employees are the lifeline of any organization. When these skilled employees walk out of the door, it becomes difficult to find good replacements. Even with good compensation and benefits, employees quit.

article thumbnail

Experts Discuss the Importance of Purpose-Driven Work for Millennials

Zenefits

They surpassed Generation X as the largest in the labor force by a million in 2016. There are benefits of having a purpose extend to businesses as well. Having socially impactful events and features can increase employee engagement. A motivated and determined employee directly affects business profits and growth.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Can the Post-COVID Workplace Accommodate the 4-Day Workweek?

Zenefits

Regardless of the approach, the primary goal of the 4-day workweek is to give employees more time to rest and rejuvenate without sacrificing productivity or pay. How can a 4-day workweek benefit your organization? The obvious advantage of the 4-day workweek is that employees get more time to rest and recharge.

article thumbnail

Why You Should Offer Frequent Performance Feedback

Zenefits

Yet, frequent performance feedback leads to better performance and increased employee engagement. Frequent performance feedback also fulfills a need of the employee and saves time in the long run. So, here’s a deeper dive into why each of these reasons contributes to employees needing frequent feedback. Automate payroll.

article thumbnail

How to Build Employee Connection and 12 Ways to Build One

Vantage Circle

Employees who feel connected to the company and each other are key to a successful business. A strong employee connection benefits employees and the companies that employ them. Once employees feel connected, maintaining their bonds can help them grow. Engage Without Pretense.

article thumbnail

Employee Recognition and 6 Powerful Ways To Implement It

Vantage Circle

Employee Motivation is paramount in a workplace. Employee motivation is directly related to the performance level of employees, employee retention, and Employee Efficiency. Extrinsic Motivation : Extrinsic Motivation is solely for money and other benefits. Rewards and Recognition induce Motivation.

article thumbnail

10 Ways to Create a Great Company Culture

Vantage Circle

A strong company culture can improve employee retention, boost morale, and increase productivity. Here’s another thing: a hostile work environment can negatively impact your employees’ morale and productivity and even lead to legal problems. Don’t forget to thank the employees for their awesomeness.