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Retention

Employee turnover: The hidden costs of the revolving door

11/06/2024
When leadership expert and trainer Kevin Eikenberry examines employee turnover with HR professionals, the implications stretch beyond filling empty positions. While many organizations hope economic conditions will eventually solve their retention problems, Eikenberry warns that burying your head in the sand is not a good strategy—especially when considering the true financial impact of turnover.

NLRB mandate: Amend stay-or-pay rules by Dec. 6

10/25/2024
Offering especially generous benefits such as paying a signing bonus, reimbursing college tuition, covering relocation expenses or providing costly training can certainly buy employees’ loyalty. But if you try to cement that loyalty with penalties for quitting before an agreed-upon period of time has passed, you may soon find yourself facing a National Labor Relations Board unfair labor practice charge.

High-quality feedback is a must for employee retention

09/19/2024
High-quality feedback involves more than just superficial communication; it requires openness and honesty. Tell your people which parts of their job they’re performing well, but make sure they know where they have gaps and how to close them.

Golden handcuffs: Right or wrong answer to your retention issues?

09/04/2024
As an HR professional, you’re always looking for ways to attract and retain top talent. One strategy that’s been around for years is the use of “golden handcuffs,” or attractive financial incentives designed to keep valuable employees from leaving. But are these shiny restraints still an effective tool in today’s evolving workplace? Here are some pros and cons to help you make informed decisions for your organization.

HR leaders say recruiting, retention getting easier

08/12/2024
Although the U.S. labor market remains tight, a new Conference Board survey of HR professionals reveals that the recruitment and retainment challenges facing employers have eased.

Survey: Fewer workers plan to change jobs this year

07/15/2024
The Great Resignation of 2022 and 2023 appears to be over, replaced by the Big Stay of 2024, according to a recent survey by outplacement firm Robert Half. The survey of more than 1,000 workers found that 35% of employees plan to look for a new job in the second half of 2024, down from 49% who had similar plans at the same time last year.

Beyond perks: What Gen Z really wants from employers

07/03/2024
In an era of AI and remote work, Gen Z is shocking employers by pushing for human connection in the workplace. The recent 2024 Career Interest Survey of over 10,000 Gen Z students across all 50 states provides valuable insights for HR professionals looking to attract and retain the next generation of workers.

Thoughtful onboarding initiatives help avoid turnover

06/05/2024
It’s the summer hiring season, and regardless of whether you land a seemingly perfect hire, improper onboarding can derail their trajectory before it starts. Here’s how to cultivate engagement and retention from Day One.

Do the math: Retain workers instead of replacing them

04/01/2024
With the cost of replacing some employees potentially exceeding $100,000, smart employers are focusing on retaining staff instead of having to replace them.

7 tips for holding on to older workers nearing retirement age

03/20/2024
In today’s tight labor market, retention is more important than ever. If you have employees nearing retirement age, consider making an extra effort to hold onto them. You might find them more than willing to stay on the payroll.