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How Support Teams Can Improve Customer Retention

Help Scout Leadership

Even so, it can be difficult for empathetic customer service staff to think about customers in terms of business revenue. What is customer retention and how is it measured? Customer retention , then, is all the work you do to keep that customer coming back again and again. Why customer service teams should care about retention.

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How to Implement Manager Enablement to Boost Employee Engagement

15Five

Employee engagement affects just about every important aspect of your organization, including revenue, customer experience, and retention. Is manager enablement the answer? By delivering continuous, actionable feedback, managers stay on track to creating engaged employees.

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Incentive Compensation: Why Your Strategy Might Include It

Zenefits

Sales reps can be enticed to open new accounts, manage a certain size book of business, or increase their sales volume. Sales management personnel can offer input for the company strategy involving performance criteria, tiers of incentive payments, and more. These may be one-time or ongoing incentives.

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Customer Retention: CEOs Share Strategies

Chief Executive

Their intent is clear: 41 percent of CEOs polled by Chief Executive in July cited “shifting focus to consumer retention” as an action they had taken or considered taking over the previous three months, making it far and away their biggest expressed priority. Many companies slipped on retention efforts over the last few years.

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Develop a Successful HR Communication Strategy

AIHR

times more likely to be empowered to perform their best work; a 5% increase in employee engagement can lead to a 3% jump in revenue. Increased retention Another Gallup study made a connection between low engagement and team performance and found that when engagement needs are not met, employee turnover is higher.