Sustaining an invested and dedicated workforce is a crucial yet challenging task that every employer faces. Between a competitive job market, family obligations and work-life balance priorities, the ...
It is imperative for all organizations to have a winning retention strategy in 2024. Those who remember 2021 well will know that the Great Resignation was about more than a tidal wave of talent ...
Over my 30-year career, I have witnessed firsthand the challenges and rewards of employee retention. Retaining top talent is more than just a competitive advantage — it’s essential for sustaining ...
With the Society for Human Resource Management estimating that replacing an employee costs businesses between 50-200% of their annual salary, employee retention strategies aren't just feel-good ...
The most recent jobs report continues to show a robust labor market that is paradoxically characterized by low unemployment while record numbers of Americans are looking for new jobs. In this ...
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Employee retention: What does your turnover rate tell you?
Calculate employee turnover by dividing departures by average headcount, then multiply by 100. Keep your rate under 10% for healthy employee retention.
The job market has shifted. Quit rates from the U.S. Bureau of Labor Statistics are slowing down. The Great Resignation prompted organizations to combat turnover with a reactive approach. They threw ...
In the United States, many employees have their sights set on leaving their current jobs. According to a May 2024 Gallup poll, “half of U.S. employees (51%) are watching or actively seeking a new job, ...
More than half of employees who quit said their manager or organization could have done something to prevent it. Billion-dollar firms have more resources at their disposal, but small businesses can ...
In today's competitive market for talent, employees have higher expectations than ever before. Workers are increasingly seeking flexible hours, competitive pay and engaging and unique benefits. This ...
Employee turnover in the casino industry poses significant challenges, impacting productivity, efficiency, and, ultimately, profitability. High employee turnover can lead to increased recruitment and ...
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