EMPLOYEE RETENTION IN THE TOURISM INDUSTRY OF CHINA AMID POST PANDEMIC TIMESdoi:10.26668/businessreview/2023.v8i10.1621Devi, SharmilaInternational Journal of Professional Business Review (JPBReview)
Employee retention is a company's ability to keep its top employees and avoid employee turnover. When successful strategies are put in place, the turnover rate (number of employees leaving the company voluntarily) is low. However, it’s not easy to retain top talent. To keep them on your...
The healthcare sector is suffering. Find out how to drive employee retention in healthcare today with our expert guide.
Competitive compensation is crucial, but it shouldn't be viewed as the sole solution to employee retention. It’s an amalgamation of the strategies we have discussed and will cover further in the article that creates a satisfied and productive employee. Refined Communication The old adage ‘commun...
understand if the company should address a chronic problem that’s hurting retention. Some common motives are well understood, starting with compensation. 82% of the 4,000 US and UK employeessurveyed by Korn Ferryin 2023 said they would leave their current job for a higher salary or better ...
Employee retention helps ensure the team you worked so hard to hire stays with you. Here are the 8 strategies that have proven to keep employees around.
In an article5 on employee retention, Josh Bersin of Deloitte breaks down key factors that contribute to the true cost of losing an employee. These factors include: Recruitment costs: This includes the direct costs of hiring a new employee, like advertising, interviewing, screening, and hiring....
MilaLazarova, ...HelenDe Cieri, inJournal of World Business, 2023 2.2.2Implications for employees: Motivation and retention The trend of fewer co-located employees will likely also have important implications for employee outcomes, notably their motivation and retention. Considering motivation, one of...
June 22, 2023 9 mins read Employee retention is more important than ever as record numbers of people are quitting their jobs and experiencing burnout. According to the Bureau of Labor Statistics, 4.5 million Americans left their jobs in March 2022 alone.1And these mass exits may not slow down...
Feb 15 2023 What’s all the noise about ‘Quiet Quitting’? Employee Engagement, Employee Management, Employee Retention, Natural HR From hybrid working and the ‘new normal’ to waist-up fashion and Zooming, we’ve certainly adopted a new vocabulary of buzz terms and jargon when it comes...