Companies across the US regularly face the issue of employees exiting the organization within the first year of employment. This is important because replacing an employee is an expensive practice that can be cured. Continue reading to learn the best way to reduce first-year employee turnover. A recent study shows that 52% of employee turnover occurs within the first twelve months of employment. To help curtail these alarming first-year turnover rates, employers should regularly utilize Onboarding Studies with new hires. Onboarding Studies deliver the valuable information on the expectations a ..read more

As we get into the middle of January, employers eagerly implement retention strategies to stave off the wave of employee turnover that occurs soon after a New Year begins. With that, several articles are published telling employers how these exact practices will engage and retain workers, but are these effective ways to keep valued employees in your business? These articles usually share five good ways that could help retain your employees, including share responsibility, show respect, incorporate revenue sharing, offer rewards and allow for relaxation time. However, such strategies may not wo ..read more

Understanding the concept of an employee value proposition (EVP) has always been important, but never more so than now. As employers face a significant shift in the expectations of both current and prospective employees – as well as record-high voluntary attrition rates – developing a strong employee value proposition is essential. In this guide, we are going to delve into key questions such as: What is an employee value proposition? Why is an employee value proposition important? How do you create an excellent EVP? What types of EVPs matter most to employees? What are some good employee valu ..read more

Employee turnover is one of the most significant – and expensive – challenges faced by U.S. employers across virtually all industries.  Data shows that replacing an individual employee can cost between one-half to two times the annual salary of that employee. That is in addition to the time and effort required to interview, hire, and train their successor. For an organization with 100 employees, annual turnover costs can soar well above the $2 million mark. The good news is that unwanted attrition is largely a solvable problem. Particularly with ongoing advancements in analytics, it is no ..read more

Why is employee engagement important? First, it can help to understand what engagement means. It refers to the dedication and enthusiasm that employees feel for the organization. Engaged employees find their work meaningful—they know their contribution to the organization and society. Ultimately, employee engagement could bring many benefits, including better team performance. Improved motivation levels can also come with higher employee loyalty and retention levels. The organization can attain goals quicker when employees are dedicated and productive. Retaining top talent and high innovation ..read more

Employee engagement can yield significant benefits to your organization. First, increased productivity could ease organizational goal attainment. You can also observe higher employee retention rates, besides improved revenue generation. Thirdly, happier employees can provide better quality services, leading to higher customer loyalty and retention rates. Managerial roles can also be more accessible when the workforce is more driven and innovative. Conversely, employee disengagement could have adverse effects. This article will explore the impact of employee disengagement on your organization a ..read more

Why Is Employee Engagement Important? Managers and organizational leaders may ask themselves, why is employee engagement important? The simple answer would be that an engaged workforce is passionate about their work, which is likely to translate to the organization’s success, all other factors held constant. However, employee engagement does not happen on its own. The employer has to be deliberate about it. This article explains why employee engagement is important and provides a guide on achieving it in an organizational setting. What Exactly is Employee Engagement? Definitions of employee en ..read more

Employee Survey Questions About Management & Leadership Although several aspects play a role in day-to-day organizational operations and long-term business success, management is an essential piece. Leaders formulate a business’s strategic direction and are accountable for business success. On the other hand, managers interpret these strategic values and intentions into local actions for employees and are liable for the entire team’s productivity. Therefore, an employee engagement survey is paramount to understanding how management and leadership affect your organization. This helps genera ..read more

Common Barriers To Employee Success & How To Remove Them Employees play a huge role in a company’s success, and every employer must ensure they promote a good workplace environment by removing barriers that may negatively affect the employees. To achieve this, organizations need to consider barriers to success and find ways to remove them. This article shows some of the barriers an organization may experience and the ways it can effectively remove them. Building a strong and effective workforce for your organization is crucial for the success of your business and your employees. Considerin ..read more

It’s a fact, to learn the real reasons employees leave, and make decisions on the truth as employees perceive it, organizations must ask employees why they left in a way that brings out the truth. When used effectively, exit interviews reveal the true causes of employee turnover and inform targeted strategies to improve employee retention. Furthermore, nearly every organization is unique in the reasons employees leave, which underscores the value of exit interviews as a foundational element of an effective retention strategy in every company. Exit interviews are a vital element of an effectiv ..read more