Learn how to calculate and improve employee retention and turnover rates. Discover strategies to boost retention and reduce attrition.
Hiring top talents is not only essential during the entiretalent managementprocess, retaining them is also important. Maintaining employee retention for years and engaging top talents is one of the best ways to enhance productivity and handle business growth. In this newsletter, we will discuss why ...
To reduce stress during uncertain times, remain transparent, and keep everyone as updated as possible. When you make announcements — like promotions, new clients, and terminations — provide a private space where employees can ask questions, and keep checking in with your team afterward. 10....
Conduct exit interviews.When you’re tracking employee retention, remember the power ofexit interviews, which provide valuable insights to help reduce turnover. “You should ask [departing employees] why they’re leaving, if they took advantage of some of the fringe benefits, and if the health ...
To really make your employees feel valued you should be offering meaningful benefits like gym memberships, child care, and free food in the office. When developing these benefits, take the time to ask employees for their opinion—they won’t just feel valued, you’ll also save money by only...
Employee Relations and Retention: How Do I Keep Good Employees and Maintain Working Relationships at All LevelsC. Koshy
Your employee retention rate is a barometer for how your company is doing. You should treat it as a sign of a job well done, or a serious sign of trouble brewing that you need to address. When your retention rate is high, it means your employees like working at your company. They fee...
Ask your employees about their personal goals and discover what motivates them. Let them move between departments and collaborate with different teams, suggest seminars they could attend or courses they might be interested in. Even training that has little to do with their current job can be benef...
Ask for Employee Feedback Do you know how your employees are feeling about the work they’re doing; about their performance; about management? If they’re feeling motivated or burnt out? If they want to continue working from home or head back to the office? If not, it’s time to get ...
Ask them to describe what they think your company culture is like. Ask them about the culture at their previous job, how they felt about it, whether they thought they fit in, and why they left. Also, find out exactly what they value in an ideal workplace. ...