Posts tagged Employee Retention
How to Expand Your Employee Benefits Offering

One of the most common questions in the HR world is “How do I keep employees happy?”. Well, aside from having a great company culture, one of the major ways of retaining your employees and keeping them happy is by offering them a good benefits package. Many small business owners make the mistake of thinking they cannot afford to offer benefits, but the truth is that offering a robust benefits package to your employees will have a positive effect on your bottom line. After all, it’s your employees who keep the company running.

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Top HR Trends in 2018

A lot has changed since the start of 2017. HR professionals must do everything they can to recruit, engage, and retain top talent. Now is the time to use these 2018 HR trends to set yourself up for success. By 2020, there will be a global shortfall of approximately 85 million qualified workers, reports SHRM. Will you be ready to recruit and retain high-quality employees? The HR trends discussed include digitizing HRM, adjusting recruiting strategies, and how you’ll need to cater the employee experience for a variety of demographics. To stay ahead of the competition, employee experience should be a top HR strategy that needs to be created and implemented immediately. Employee experience will set your organization up for success, so think about your strategy ideas when you read the following 2018 human resource trends. 

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Tips for Building Your Onboarding Program

Finding the best talent has become one of the main challenges businesses have because the competition is growing larger and larger every day. Companies are attending career fairs, posting their job openings on LinkedIn, or even using social media to attract talent. So what do you do once you have attracted and hired talent? Reducing turnover should be a goal for every company, and one of the best ways of doing this is by making the first days for new hires as smooth and welcoming as possible. This is called Onboarding. Onboarding is intended to make new employees familiar with the company and to support them as they start working on their first handful of projects. The Onboarding process is a great way for companies to make a good first impression on their employees. Like mentioned before, the ultimate payoff of onboarding is reducing the company’s turnover rate. According to business.com, research shows that a good onboarding program can boost retention by 50% and productivity by 54%. As simple as onboarding may sound, there are many aspects that are involved in the process, and planning is necessary to have a successful onboarding program. If you already have an onboarding program in your company but are looking to making it better, then you’ve come to the right place. The following are some tips you can utilize to build your onboarding program.

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How You Can Retain More Employees Without Spending More Money

Employee engagement has literally become a full-time job in some organizations. You have companies such as Google and Twitter, who offer their employees free meals, massages, haircuts, and so on, which isn’t attainable for most small to medium sized businesses. There is good news, though! You don’t have to offer all of those perks to attract and retain talent; actually, there are quite a few things you can do in order to keep your employees happy at little to no cost to you. 

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The Importance of Exit Interviews and The Best Questions Employers Should Ask

No matter how perfect you think your retention strategy is, the truth is your employees will leave your company at one point or another, and there is nothing you can do about it. When an employee turns in their resignation letter, an exit interview should follow in the near future. Exit interviews are conducted when employees are departing a company, usually right before their last day.

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Ways to Retain Your Employees [Part 2]

Last week I shared a few tips on how to retain your employees, this week I would like to share a few more. After you have hired the best candidates, provided them with an easy and welcoming onboarding process, have been flexible and reasonable with their schedules and benefits, and are communicating constantly with them, the following are steps that should be followed.

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5 Ways Employers Can Promote a Healthy Work-Life Balance

"Proper work-life balance makes employees feel appreciated, which in turn makes them more productive and more likely to stay with the company for an extended period of time," says Mike Steinerd, director of recruiting at Indeed. In addition to employee retention, healthy work-life balance also has been shown to greatly increase worker productivity. The result being an increase in profit and decrease in recruitment costs. Sounds like a win-win, right? So just how do the top companies promote work-life balance for their employees? Below are a few strategies that could help improve your businesses plan of action.

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5 Things to Consider When Hiring Millennials

With Gen X management now in place, it’s important to understand what sort of talent they are scouting for with the Millennial Generation. There may be some hesitation when hiring young people with questions of whether or not millennials will be able to work with co-workers who are not peers, or if they will add value in an enterprise environment. But there are plenty of skills and qualities attributed with Generation Y that will benefit the work place like high levels of education and being tech-savvy. They are just a little more unconventional than others. Here are some things to consider when hiring of the Millennial Generation.

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