article thumbnail

Turnover vs. Attrition: Key Differences Plus How To Calculate Each 

AIHR

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. Rather, it occurs for circumstances outside of the employee’s control, such as layoffs, reorganizations, merging or elimination of positions, etc. attrition rate.

Metrics 84
article thumbnail

Preventing Brain Drain: 4 Strategies to Retain Top Performers After a Reduction in Force

15Five

4 strategies for post-RIF retention To help you refocus efforts and prevent brain drain during a disruptive event, we’ve outlined some strategies and tactics for retaining key employees in times of change. Read on for four effective employee retention strategies for plugging unwanted brain drain.

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

Using the W Framework to build your growth strategy

Growth Hacker

The growth team is always doing something new, such as improving conversions, validating a new channel, optimizing a step of the funnel, testing new pricing plans, experimenting with a new bundle/packaging, and improving retention with a completely new approach. It’s hard to plan the future based on no past. So what should they do then?

KPI 96
article thumbnail

How to Maintain Trust with an Employee Productivity Tracker

Walk Me

Reorganize operations. By themselves, productivity trackers would not be a deciding factor for reorganizing business. A legal agreement, as mentioned, can be very useful, but a lack of trust can lead to more problems, such as decreased productivity, poor employer branding, and lower employee retention.

article thumbnail

Josh Bersin on the Importance of Talent Management in the Modern Workplace

BetterUp

In the coming years, employee engagement, retention, sourcing, as well as brand, will be hot topics for HR projects.”. We haven’t completely reorganized or figured out how to reorganize our companies to integrate, accommodate, and really get the benefits from mobile.”. “Unemployment is at a twenty year low,” said Josh.

article thumbnail

Employee Attrition: Meaning, Impact & Attrition Rate Calculation

AIHR

This most commonly happens during reorganization or layoffs. There is also an increased risk of reputational or employer branding impacts, which can lead to challenges in attracting new talent and decrease retention rates among current employees,” says Power. Continue learning Attrition vs Retention: What’s the Difference?

article thumbnail

How Vendini is Increasing Employee Engagement and Business Performance with 15Five

15Five

With some recent changes including a reorganization, the leadership team at Vendini was looking for a way to see deep into areas of struggle within the workforce and to identify opportunities to improve productivity and performance. Finding a partner for the engagement journey.