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What Is a Good Retention Rate and How Do You Achieve and Maintain It?

15Five

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is a good employee retention rate? Employee retention rate varies from industry to industry. This way, you can stay on top of trends and react accordingly.

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10+ Employee Retention Strategies for 2023 to Keep Your Top Talent

AIHR

Strengthen your employee onboarding Research by Brandon Hall Group found that strong employee onboardin g can boost employee retention by 82%. But a poor onboarding process (or lack of one) can prevent new hires from knowing what they need to do to succeed and leave them feeling unhappy at work.

Retention 101
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How To Create a Talent Management Strategy in 2024

AIHR

In this article, we’ll walk you through the steps to develop a talent management strategy that aligns with your strategic priorities, enhances employee engagement, and transforms your workforce’s skills. Contents What is a talent management strategy? Why is a talent management strategy important?

Manager 69
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Strategic Human Resource Management 101: Your Essential Guide

AIHR

With the business objectives and the Kakushin method in mind, HR leaders can focus HR practices where they need to be: Recruiting the right talent, and Building a secure workplace environment where employees feel entrusted to meet challenges with autonomy and fresh ideas that drive achievement.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Here are some of the must-have features: Core HR Management: Employee Database : A centralized repository for employee information, including personal details, work history, and contact information. Payroll Management : Automated payroll processing to ensure accurate and timely compensation.

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What is brain drain?

15Five

Brain drain 101 Brain drain is more complex, and more specific, than simply losing talented employees. In some industries, like hospitality, high turnover is the norm. These firms are always hiring and losing employees, on a seasonal or annual basis. Compensation Low compensation is the most obvious reason for brain drain.

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Retaining & Sustaining Airline Staff Motivation During COVID-19

Vantage Circle

As a result, employee furloughs , pay cuts, and unemployment have hit them badly. But, there was always a need for employee engagement efforts in the aviation industry. The HR departments did little to address disgruntled employees. Read our blog on: A Brief Guide On How To Manage Disgruntled Employees.