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Innovative Ways to Improve Employee Retention

HR Digest

Moreover, attracting and training new employees is time-consuming and expensive, making it crucial for employers to find innovative ways to decrease staff turnover rates and keep their workforce engaged and motivated. The current competitive marketplace has made it a necessity for organizations to discover steps in managing attrition rates.

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Playing the Long Game: The Employee Retention Process in HR

HR Digest

Establish Effective Recruitment Strategies and Onboarding A big reason for high attrition rates is the hiring of candidates who are not suited for the organization. It takes an active HR department and research team to keep their eyes on shifting trends in order to find innovative ways to retain employees.

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Study: Smaller Teams Perform Better Than Bigger Teams

HR Digest

Kaplan Professionals, an HR firm that assesses, designs and implements innovative learning solutions, conducted a three-year extended Situational Judgement Assessments of 4,500 employees at global tech firms and identified five key workplace findings. SJTs also reduce attrition rates.

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Key HR Trends for 2022 and Beyond

HR Digest

This theory, practiced by industrialists like Henry Ford, led to unprecedented innovations in human engineering, with the creation of the assembly line, and a formula for optimizing performance in the workplace. New HR Trends (2022). Businesses need to break away from the 9 to 5 work culture. How do you win the fight for top talent?

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How to reduce employee attrition rate

HR Digest

According to the Bureau of Labor Statistics, in the United States, voluntary attrition soared by over 800,000 over the past year, while involuntary attrition declined by nearly 400,000 over the same time period. What does this imply for a company’s strategies to reduce attrition rate? What is Attrition?

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Engagement and Motivating Employees

CoachStation

They are psychological “owners,” drive performance and innovation, and move the organisation forward. The McKinsey group recently published an excellent resource regarding attrition and the reasons why people leave organisations. In a few cases I am hearing the message, “I can’t afford to manage them and risk attrition.

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When People Don't Know. a Guest Post from Steve Roesler

Kevin Eikenberry

And the attrition rate in Patton’s armies was the lowest despite the greatest level of exposure. Patton who, while never accused of being warm, fuzzy, and participative, was successful by anyone’s standards when it came to quickly making changes in the worst of circumstances.