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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Employee retention is 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. Each lost employee equates to a cost of 1.5 to 2 times that employee’s annual salary, and it can take a business up […]
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Employee engagement and retention are frequently associated with each other. Why? They are equally important, and more importantly, connected.
During The Great Resignation, businesses have began to take an in-depth look at their engagement, retention, and recruitment strategies. Most companies found that while company culture directly impacts recruitment, employee engagement directly impacts retention.
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