Andrew Chen

JANUARY 9, 2020

There’s a 3-5 year lag, but it definitely happens. 1) cohort retention curves that flatten (stickiness). It’s not unusual for a startup to have “meh” retention. But then usually, team says it will improve retention via better activation, lifecycle marketing, improving product features, etc.

Marketing 110

Marketing Retention B2B Scaling 110

Get Lighthouse

APRIL 19, 2024

So a definite expensive thing that many untrained and poorly trained leaders have had to deal with is employee turnover. The Work Institute has been putting out a retention report for over a decade. This means training your managers can both help them want to stay at your company, and improve retention of their teams.

Benefits 52

Benefits Manager Retention Benchmarking 52

Vantage Circle

AUGUST 30, 2019

Understanding and evaluating the needs and behaviour of your workforce are imperative before you go about your engagement and retention strategies. “It The advantage of this format is that it allows the employees to rate their answers on a scale of 0-5 or 0-10 instead of going for a definite Yes or No. Louis Sachar.

Employee Engagement 40

Employee Engagement Human Resources Benchmarking Retention 40

Vantage Circle

SEPTEMBER 8, 2021

The bottom line is that the better your compensation strategy is, the better your retention rates. Below are the objectives of a compensation plan: Employee Retention - Attracting and retaining qualified employees. Competitive Package - Providing a competitive pay structure to improve recruitment and retention prospects.

Compensation 52

Compensation Benefits Retention Compliance 52

Andrew Chen

NOVEMBER 1, 2021

Or are you trying to scale its success? In the book, I describe stage-by-stage how to successfully start and scale the central forces that power tech’s most successful companies — network effects. When a company like Dropbox, Slack, or Uber hit scale, it might seem like network effects kick in, and the next phase is easy.

Scaling 82

Scaling Marketing Recruitment B2B 82

AIHR

MAY 23, 2022

Employee-centric culture benefits organizations in many ways, from improved productivity and retention to serving their customers better. Let’s dive into the definition and benefits of an employee-centric culture, plus explore how to foster such a culture at your organization. Contents What is an employee-centric culture?

Benefits 118

Benefits Compensation Implementation Software 118

Chief Executive

JANUARY 19, 2023

One thing that stands out in reading about your father’s approach to running the business is that you don’t benchmark against another chicken sandwich joint. When you say you’re benchmarking against the best, you’re looking at Ritz-Carlton. We have a 98 percent retention rate among our corporate staff and our restaurant operators.

Operations 98

Operations Benchmarking Leadership Development Scaling 98

Andrew Chen

JANUARY 9, 2020

There’s a 3-5 year lag, but it definitely happens. 1) cohort retention curves that flatten (stickiness). It’s not unusual for a startup to have “meh” retention. But then usually, team says it will improve retention via better activation, lifecycle marketing, improving product features, etc.

Marketing 52

Marketing Retention B2B Scaling 52

Andrew Chen

NOVEMBER 1, 2018

The reason for this is that the steps for starting and scaling a new startup share many of the same skills as investing in a new startup: 1) First, we seek to understand the existing state of customer growth – including growth loops, the quality of acquisition, engagement, churn, and monetization. The underlying physics are the same.

Metrics 111

Metrics Scaling Marketing Media 111

AIHR

DECEMBER 15, 2023

Analyze effectiveness and make adjustments You can go beyond the L&D metrics to assess the training programs’ impact by evaluating them on a larger scale. Has employee engagement, morale, and retention improved? It’s focused on knowledge creation, knowledge retention, and knowledge transfer.

ROI 92

ROI Education Revenue Metrics 92