Remove Attrition Remove Career Remove Development Remove Incentives
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Innovative Ways to Improve Employee Retention

HR Digest

The current competitive marketplace has made it a necessity for organizations to discover steps in managing attrition rates. Employee Retention Strategies to Decrease Staff Turnover Rates Employers need to focus on fostering a positive work environment as a step in managing attrition.

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How to Learn from the Mistakes of Other People

Frank Sonnenberg Online

improper incentive. When people leave an organization, either through retirement or attrition, they take valuable experience with them. Many missteps occur due to: insufficient preparation. avoidance or denial. poor planning. weak information. bad assumptions. poor diagnosis of the problem. lack of focus. no sense of urgency.

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How the Navy SEALs Train for Leadership Excellence

Harvard Business Review

Before we redid the course, SEAL sniper school had an average attrition rate of about 30 percent. This links directly to his second theme around “getting the incentives right.” “For training to work it has to be effective and incentives have to be in place (financial, personal growth, promotion, etc.)

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How to Reduce Employee Turnover Rate

Strategy Driven

Also, ask about the candidates’ career paths and goals to see if they align with what your company has to offer. Money is a great incentive that you can use to lure employees into dedicating their time and effort to meeting the company’s goals. Scrutinize candidates on soft skills that would come in handy for the job position.

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