15Five

JANUARY 18, 2023

Each time your organization loses a great employee, it hurts. Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. As a strategic HR leader, you’ve no doubt felt the pressure to increase employee retention.

Compensation 75

Compensation Metrics Retention Manager 75

15Five

JANUARY 17, 2023

We know turnover is expensive, but its costs aren’t just financial — they manifest as lost productivity, lowered innovation, weakened team bonds, and reduced agility. As of 2019, US companies were losing a staggering trillion dollars a year to turnover. Direct and indirect costs of turnover. Direct turnover costs.

Onboarding 52

Onboarding Recruitment Retention Human Resources 52

Get Lighthouse

DECEMBER 22, 2023

Even if you are, your employees probably aren't. found that just 21% of 1,500 employees surveyed were satisfied with their employer's onboarding process. Another study by Gallup found that only 12% of employees "strongly agree” that their organization does a great job onboarding new employees.

Onboarding 98

Onboarding Compliance Engineering Manager 98

Refresh

NOVEMBER 30, 2022

Employee departures continue to plague the workforce as 48% of U.S. hiring managers say their company is experiencing increased turnover, up from 44% in late 2021. Each year, employee turnover costs companies an average of $57,150 (e.g., Turnover Causes. Turnover the Unseen Morale Killer.

Retention 59

Retention Benchmarking Onboarding Manager 59

Zenefits

NOVEMBER 8, 2022

Employee turnover is typical for most businesses. A high turnover rate deals damage from multiple angles, from the expense of recruiting and training new hires to the loss of institutional knowledge and a tarnished reputation. businesses lose an astounding $1 trillion annually due to voluntary turnover. Short-staffing.

Manager 52

Manager Onboarding Staffing Recruitment 52

Forbes Leadership

APRIL 9, 2023

With quiet quitting on the minds of talent management teams the world over, it might be tempting to assume that there is more concern about employees tuning out rather than actually quitting.

Manager 104

Manager 104

Refresh

DECEMBER 28, 2022

But as to what is causing these decision makers to lose sleep, 3 in 10 say the labor shortage continuing (29%), increases in employee turnover (28%), increased demand from candidates for better benefits in order to accept a job offer (27%) and an inability to fill open positions (27%) are among those late-night fears.

Benefits 52

Benefits Marketing Manager Recruitment 52

Vantage Circle

JANUARY 7, 2020

Employee turnover is an issue for all organizations, especially for small businesses or startups. Even top companies are burdened with the headache of high turnover rates. Employee turnover is simply the percentage of employees in an organization that leaves and is replaced with new employees.

Small Business 52

Small Business Education Manager Marketing 52

Forbes Leadership

MAY 1, 2023

High turnover is a sign that something has gone wrong within a company’s culture and is typically an indicator of a larger problem.

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74

Vantage Circle

FEBRUARY 14, 2019

Good employees are hard to find. It is even harder to retain those employees. That's why reducing employee turnover is fast becoming the primary concern among companies worldwide. So, what exactly is employee turnover? The high annual turnover rate has become a pain point for growing companies.

Employee Engagement 45

Employee Engagement Diversity Onboarding Retention 45

Kevin Eikenberry

APRIL 1, 2018

Employee turnover is more frustrating and costly than it has ever been. The post If You Have Employee Turnover, Read This appeared first on Kevin Eikenberry on Leadership & Learning. The costs are high in time, stress, and a sense of loss (depending on who is leaving). But it doesn’t have to be this way.

40

40

Vantage Circle

FEBRUARY 14, 2019

Good employees are hard to find. It is even harder to retain those employees. That’s why reducing employee turnover is the primary concern among companies. Calculating employee turnover is essentially the percentage of the total number of employees who leave an organization and are replaced by new employees.

Diversity 40

Diversity Onboarding Employee Engagement Retention 40

Vantage Circle

FEBRUARY 14, 2019

Good employees are hard to find. It is even harder to retain those employees. That’s why reducing employee turnover is fast becoming the primary concern among organizations. Calculating employee turnover is easy. The high annual turnover rate has become even more of a pain point for growing companies.

Diversity 40

Diversity Onboarding Retention Employee Engagement 40

AIHR

JANUARY 4, 2024

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

Metrics 84

Metrics Retention Compensation Reorganization 84

AIHR

SEPTEMBER 13, 2022

Dysfunctional turnover does not only cost organizations a lot of money, but it also disrupts work and affects productivity. So let’s look at what dysfunctional turnover is and how you can reduce it in your organization. Contents What is employee turnover? What is dysfunctional turnover?

Compensation 102

Compensation Human Resources Hospitality Manager 102

Lolly Daskal

MARCH 28, 2024

In the intricate web of a successful organization, each employee plays a pivotal role. However, when employees feel undervalued, the repercussions extend beyond mere job dissatisfaction. It is important that we explore the ten ways unappreciated employees might be silently undermining your organization’s financial health.

Recruitment 104

Recruitment Advertising Employee Engagement Leadership Development 104

Suzi McAlpine

NOVEMBER 13, 2023

As humans, we’ve got more than a handful of complex challenges facing us right now.

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229

LSA Global

SEPTEMBER 26, 2019

Is your business experiencing a higher than average rate of employee turnover? Do you know the high cost of employee turnover? If your company seems to have a revolving door with too many high performing or high potential employees quitting, it is time to review your employee engagement and retention practices.

Employee Engagement 28

Employee Engagement Retention Revenue Recruitment 28

Kevin Eikenberry

APRIL 22, 2018

Perhaps the most prevalent frustration and concern I have heard from leaders and organizations recently centers around the frustration, costs, and yes, pain of employee turnover. The post There are Solutions to Employee Turnover – Do You Know What They Are?

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41

Vantage Circle

JUNE 12, 2019

High employee turnover is one of the most challenging issues construction HR managers face. Employees are a construction company’s greatest assets. There is no one-size-fits-all solution when it comes to addressing the construction industry’s turnover problem. Here are some of them.

Retention 40

Retention Employee Engagement Manager Assets 40

Forbes Leadership

OCTOBER 24, 2022

Amazon has done just that in response to the release of confidential information about its high rate of employee attrition and other matters. When documents are leaked, it’s a crisis management best practice for companies to tell their side of the story.

Manager 74

Manager 74

Harvard Business Review

FEBRUARY 12, 2024

People are among the most prized assets of many startup companies, so when employees leave after an acquisition, it can be a substantial loss for the acquiring company. Why do so many startup employees leave, and how do startup acquisitions impact their careers?

Assets 129

Assets Human Resources Retention Manager 129

AIHR

JUNE 28, 2022

Employee attrition and employee retention are important HR metrics for developing and managing a robust, productive workforce, especially in the context of Great Resignation. Employee attrition and retention are two concepts on the opposite ends that address the same situation. Contents What is employee attrition?

Retention 129

Retention Metrics Employee Engagement Recruitment 129

Thought Leaders LLC

MARCH 25, 2024

To boost employee satisfaction and retention, try recognizing your employees with personal and meaningful gifts. Today’s guest post is b y Eshed Doni , CEO & Founder — GiftCrowd Employees are the backbone of your organization. Read the rest of this post at thoughtLEADERS, LLC: Leadership Training for the Real World.

Employee Engagement 87

Employee Engagement Retention 87

AIHR

FEBRUARY 19, 2024

These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. Optimizing costs: By analyzing recruitment, training, and turnover costs, HR metrics help in allocating budgets efficiently and identifying cost-saving opportunities.

Metrics 95

Metrics Recruitment Revenue Human Resources 95

David Grossman

APRIL 16, 2024

There are so many new descriptions for how employees feel about work these days that it’s hard to keep up. Some have described it as employees feeling a constant crisis. Some employees, while still appreciating flex time and work-from-home options, still worry about a lack of connection to their team and leaders.

Manager 104

Manager Employee Engagement 104

Niagara Institute

DECEMBER 14, 2023

Employee retention has always been an important topic. However, lately, with the fallout from the pandemic, the great resignation, and the great reshuffle, the topic of employee turnover and how to retain employees is on the minds of every leader.

Retention 98

Retention 98

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

Retention 79

Retention Onboarding Employee Engagement Metrics 79

AIHR

MAY 10, 2022

Implementing a solid employee retention strategy is critical for any company. Having the right mix of employees, especially since the world of work is transforming and the economic landscape keeps changing with it, helps keep your business afloat and growing. Contents What is employee retention? What is employee retention?

Metrics 136

Metrics Retention Scaling Compensation 136

Harvard Business Review

DECEMBER 6, 2023

They’ll also need to prepare for, among other things, higher employee turnover. Companies who use these tools will need to think about how they’ll create value beyond the technical features they offer and what they will do to stand out from the pack.

117

117

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. Which data points shed light on why employees choose to stay or leave?

Metrics 59

Metrics Retention Benchmarking Implementation 59

15Five

APRIL 17, 2024

You’re ready for a change, but you don’t know how to make sure you pick an employee management platform that’s the best bang for your buck. Either way, here’s your guide to getting more out of your employee engagement platform—and making sure you have the right one. Why do employee engagement platforms matter?

Employee Engagement 84

Employee Engagement ROI Performance Review Metrics 84

15Five

NOVEMBER 14, 2023

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Retention 80

Retention Metrics Implementation Manager 80

AIHR

JANUARY 17, 2023

Healthy organizations provide their employees with an environment where they can thrive. It can refer to culture, employee happiness, functionality, effectiveness, operations, and more. A company could be very profitable but still, have a toxic culture and high turnover rate. Employee engagement. Employee well-being.

Metrics 127

Metrics Benchmarking Employee Engagement Compensation 127

Refresh

MARCH 8, 2023

Beyond a lack of applicants, companies have been plagued with turnover. hiring managers (35%) predict employee turnover at their company will increase this year—a precipitous drop from earlier this year and a proportion not seen since the spring of 2020. More than a third of U.S. Better perks (e.g., Better perks (e.g.,

Education 92

Education Government Diversity Marketing 92

AIHR

AUGUST 2, 2022

Onboarding is a key part of the employee journey that shapes the rest of their experience at your organization. And amidst all the emotions and experiences a new hire goes through, a robust employee onboarding program ensures they can reach the highest level of productivity as fast as possible. Why use onboarding metrics.

Onboarding 125

Onboarding Metrics Retention Implementation 125

Vantage Circle

JANUARY 10, 2024

Employee turnover is an unavoidable and mostly reality in business. However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. Which data points shed light on why employees choose to stay or leave?

Metrics 52

Metrics Retention Benchmarking Implementation 52