There are many questions to consider when it comes to employee retention, especially when using professional services to hire: are salaries direct costs for professional services firms? Do professional services have to provide proof of workers' compensation? Let’s examine the true cost of losing ...
Because of the tight labor market, the best job candidates will likely not be the perfect candidates. Therefore, the new employee's orientation and training program have become more important than ever. Additionally, provision of training has become an important staff-retention tool (Dyro, 1989)....
Your employee asked for a raise, which is a big challenge for any manager. How you respond can affectemployee retention rate, morale, and your budget. Saying"NOPE! End of discussion"is unlikely to end well, just as much as lying and saying,"Sure in 6 months" (and then saying that aga...
We hope that the employee retention strategies mentioned above help you have a positive and productive workplace. Since employees are the core strength of any organization, prevent them from turning over to other organizations because of reasons which you can fix. After all, it’s the company th...
Please consult a professional tax advisor with any ERC-related questions or concerns.The Employee Retention Credit (ERC) was passed into law in 2020 as a way to alleviate the economic strain caused by the COVID-19 pandemic on businesses. As of 2023, this tax credit can still be ...
employee retentionExpert Insights The Cost of Being Invisible: Dis-Inclusion’s Toll on Neurodivergent Employees Kelly Colón - January 27, 2025 Kelly Colón, founder of Eledex Coaching & Consulting, continues her discussion on dis-inclusion and its toll on those whom it affects most. Expert...
4. Employee experience: engagement is key to employee retention and performance5. Performance & impact: employees want to drive organizational success6. Performance & impact: managers matter but don't feel supported7. Emerging intelligence: organizations still aren't ready for AI...
Employee recognition survey questions Every team member wants to feel that their contributions are recognized and appreciated and to receive praise for doing good work.Gallupfound that giving praise has a great impact on a company’s bottom line and its employee retention. However, in some organizat...
It’s important for organizations to increase employee retention since it builds their reputations as great places to work. This makes it easier to attract top talent while helping businesses save on the hefty costs of recruiting, onboarding, and developing new employees. Can turnover be good?
When the Human Capital (HC) DealMakers community recently came together, we had an engaging discussion about the results of Deloitte’s 2022 Mergers & Acquisitions (M&A) Employee Retention Survey and how DealMakers approach retaining talent during a transaction. A summary of findings can be found...