8 Strategies to Boost Employee Engagement and Retention

Two engaged employees fist bumping

Employee retention has always been a hot topic in the world of human resources. It’s no secret that employee turnover can be costly for businesses – both in terms of money and lost productivity. It’s estimated that each lost employee equates to a cost of 1.5 to 2 times that employee’s annual salary. Not to […]

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Hourly Worker Retention: Why It’s so Difficult and 4 Ways to Improve It

February 17, 2023

Employee retention has always been an area of interest among HR departments. Even today, as recession talk is everywhere and mass layoffs have already begun, voluntary turnover is still something to avoid whenever possible. And according to research, it’s avoidable about 77% of the time. Work Institute estimates that one in four employees left their […]

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To Cope with Labor Shortage, Raise Emotional Compensation

November 18, 2021

The current labor shortage and employee retention are concerning issues for organizations. Many leaders are scrambling to attract and retain the workers they need. A combination of factors has resulted in an insufficient number of workers to meet available jobs: job quits hitting historic highs, declining immigration, and fewer working-age individuals (16-64 years old). This […]

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What is the ROI of Employee Recognition?

June 6, 2017

Most people would agree that recognizing employees for their efforts and contributions is a nice thing to do. But unfortunately it’s sometimes difficult for “nice things to do” to get prioritized in the daily grind of business.  For those wanting to make a positive difference in the workplace, the good news is that employee recognition is the […]

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