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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. By implementing these strategies, employers can create a workplace that attracts and retains top talent and positions itself for long-term success.

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Master your Metrics

Lead Change Blog

Businesses that earn and sustain relevance are rewarded with valuable repeat customers, deeper relationships, referrals, positive word-of-mouth, and recurring revenue. Customer attrition, decline in repeat customers, fewer new customers, decreasing average sales, and margin deterioration are lagging indicators of diminishing relevance.

Metrics 241
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Has Your Company Been Anchored To The Wrong Information?

Lead Change Blog

The truth is that lots of people refuse to adapt their position on the virus, not believing that we should adhere to updated guidelines, regardless of evidence that doing so will certainly protect us from COVID-19. Leadership teams need to craft lasting, positive measures if they intend to thrive. Anchoring in Fintech: A Case Study.

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Team Bonds Can Secure Loyalty Among Gig Workers

The Horizons Tracker

The high attrition rate among gig workers, such as over 60% of Uber drivers leaving the platform within the first six months, has led to problems of low engagement and employee retention. Research from the University of Michigan suggests that connectivity with fellow co-workers could do the trick.

Loyalty 98
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What are the basics of a people strategy?

HR Digest

It is important to have a system and process in place that can provide each employee a positive experience at the same time ensuring the structure and governance. Without a well-thought-out people strategy, there can be inconsistencies in managing employees leading to human resource (HR) issues and even employee attrition. .

Strategy 119
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4 Reasons Why Talent Development Is So Important To Your Business

Lead from Within

In my own research, I have found that a lack of talent development opportunities contributes to as much as 45 percent of attrition in companies worldwide. After decades of coaching powerful executives around the world, Lolly Daskal has observed that leaders rise to their positions relying on a specific set of values and traits.

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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 Positive Acknowledgement So many leaders overlook the simple yet powerful practice of acknowledgement. Positive acknowledgement is a form of energy for team members.

Team 186