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Three Ways to Improve Retention on Your Team

Great Leadership By Dan

For organizations, attrition is an expensive issue that takes money away from impactful progress, innovation, employee benefits, and enjoyable team activities. Give Opportunities for Development Leaders often assume that opportunities for development and career growth only come with a promotion.

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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

An internal survey by Goldman Sachs junior employees detailing the crushing workload and the accompanying stress due to demanding bosses has led to some stocktaking about the working conditions in the industry and the high attrition rates. Goldman Sachs had initiated around 100 automation and efficiency projects.

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“I Quit”: Why Employees Quit and How to Retain Them

HR Digest

The most skilled and experienced employees are in constant pursuit of a good career. A high attrition rate is a costly challenge for any business. While sizeable pay packages and bombastic job titles do account for many resignation emails , so do reasons such as stingy benefits and changing career goals. No career growth.

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How effectively do the leaders in your organization manage change?

thoughtLEADERS, LLC

If you’re not carefully planning for how to help your people deal with the change, you run the risk of attrition, project failure, and lower performance across the. Just because you implement a new system, launch the new product, or move to the new office, that doesn’t mean the change is done. This is only the beginning of the thought.

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How Should Leaders Address Challenge Of Low Performers?

Tanveer Naseer

However, according to data from the Eagle Hill National Attrition Survey , low performers can have significantly negative effects on an organization. Low performers in management roles contribute to attrition among high performers. These workers leave for a variety of reasons, including limited career growth and pay.

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Why Do Employees Leave Their Jobs?

The Center For Leadership Studies

And one of the very real consequences associated with this pervasive change is employee attrition. That may seem like a blinding flash of the obvious, but it is sometimes lost in the mix because the attrition reported by the Bureau of Labor Statistics is done so in aggregate. And in so doing, causing disruptions of their own!

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Retention: Build a Culture They Won’t Want to Leave

The Center For Leadership Studies

Projects don’t end up thrown off-track because someone leaves. Either way, culture issues will eventually affect employees in their day-to-day work experience, upping the risk of attrition. Or outgoing employees may cite a lack of career development opportunities. Why Are Employees Leaving? If not, now is the time to start.