Tag: retention

What is Benefit Optimization?

Benefit optimization, as the name implies, is the process used by HR professionals to critically assess the organization’s benefit structure and determine what changes can be made to make the benefit package on offer best serve the organization and the employees.

Millennials

Improve Employee Retention Rates with These 7 Tips

by Miranda Nicholson, director of HR, Formstack Employee retention is not only valuable to company culture, but essential to the bottom line: turnover can cost a business as much as 150% of a position’s annual salary. The Human Resources team is essential to maintaining employee satisfaction and engagement, and their work is never finished. With […]

New Survey Uncovers the Key to Retaining Top Talent

Does your organization suffer from high turnover? Are you constantly looking for ways to retain talent? A new survey, conducted by Paychex, may offer more insight into ways employers can keep their current workforce happy, engaged, and most importantly—keep them around! The Paychex survey report, “Employee Retention: What Makes Employees Stay or Leave,” focuses on […]

3 Rules to Engage and Retain Millennials in The Workplace

by Genevieve Carlton, talent management consultant, Caliper It’s no secret that Millennials, the generation of workers who are now between the ages of 18 to 34, have been on the receiving end of some less-than-positive reviews in the media lately. All you have to do is Google the phrase “Millennials in the workplace” and you […]

inclusion

8 Ways to Improve Diversity in the Workplace

Diversity can benefit the employer in many ways. Having a diverse group of employees helps to ensure that there will be a wide spectrum of ideas, backgrounds, and skill sets that can help the organization to have more innovative ideas and less likelihood of tunnel vision that comes from not having enough differing perspectives.

benefits

Survey: Over 50% of Workers Open to Leaving Their Current Employers

As the economy continues to improve, so do the chances of your employees looking for new job opportunities. A recent survey from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, finds 52% of employees are open to leaving their current employers for new opportunities. Of these employees, 44% are actively […]

How to Increase Employee Engagement and Retention with ‘Stay’ Interviews

By Erin Pappo, client services director, Camden Consulting Group As most HR professionals understand too well, turnover hurts a company’s bottom line, and it also ruins morale for the employees left behind. Workers in the U.S. have an average job tenure of approximately 4.6 years and 45% of employers now expect new college grads to […]

4 Ways to Advance the Mentoring Mind-Set

Yesterday’s Leadership Daily Advisor explored modern mentoring—including some of the new and improved leadership methods that are making the trend a successful part of everyday corporate life for mentors and mentees alike. Today we outline four ways to help assess and advance mentoring advocacy at your firm.