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 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 ...
The tech industry's rapid evolution and the constant shifts are driving high turnover rates, with figures reaching 13.2% and even 18.3% in some IT sectors, significantly surpassing those in other ...
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 ...
According to the studies, "nearly 38% of employees quit within the first year of employment. The reasons for this are simple: a lack of career development opportunities, job characteristics they ...
Employee turnover in the casino industry poses significant challenges, impacting productivity, efficiency, and, ultimately, profitability. High employee turnover can lead to increased recruitment and ...
Dave Barnett is chief human resources and university relations officer at DeVry University. Views are the author’s own. Organizations nationwide have been racing to attract and retain top talent in a ...
The dynamics of employee attraction and retention have shifted significantly in recent years, requiring employers to prioritize employee well-being and satisfaction, according to a July 13 report from ...
Everyone agrees: loyal employees should be rewarded. But how and with what? Almost nobody agrees on this, yet getting it wrong is one of the fastest ways to see your employee retention rate plummet.
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