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Attrition vs Retention: What’s the Difference?

AIHR

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. What is employee retention? Why measure retention?

Retention 144
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14 Amazing Benefits of Employee Retention for Business Success

Vantage Circle

This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment. Companies with high retention rates enjoy a plethora of advantages, from substantial cost savings to enhanced productivity and a stronger company culture.

Retention 108
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Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. This article explores these employee retention metrics. Understanding Employee Retention Metrics In any performance aspect, knowing the barriers to success is half the battle of overcoming them. What are Employee Retention Metrics?

Metrics 105
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Employee Engagement and Retention: Strategies for a Committed Workforce

Vantage Circle

The stakes are higher than ever, and we feel that employee engagement and retention have become more crucial. So, if you’re wondering where to begin your retention strategy, start by giving your workforce a reason to stay beyond the paycheck. Let that sink in – purpose beats pay for a majority of people.

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Recognition Powers High-Performance — If You Do it Right

Speaker: Radhika Samant and Todd Wuestenberg

While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards.

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Elevating Others Thought Leadership | Watchen Nyanue Hampton

Peter Winick

Watchen shows how elevating others in thought leadership and using your own power to share the spotlight can be good for retention, succession planning, and reaching wider audiences through wider conversations that you otherwise might never have been aware of. It makes a huge difference in retention. Watchen Nyanue Hampton Yeah.

Retention 299
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Retention is an Asset

Thought Leaders LLC

Today’s post is by Anil Singhal, author of “The 5% Rule of Leadership: Using Lean Decision-Making to Drive Trust, Ownership, and Team Productivity.” ” We live in an age of corporate layoffs. Whenever companies encounter a setback, the inevitable go-to move is to cut overhead.

Assets 74
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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

📈 Enhancing Recruitment and Retention: Understand how modern fertility benefits can help attract and retain top talent by aligning with the diversity, equity, and inclusion (DEI) values important to Gen Z and Millennials, and meeting the health expectations of all generational cohorts.