POSTS TAGGED : employee retention

CEOs: Are you Sure you Are NOT The Main Cause of Losing Top Employees?

Today, the role of a CEO is more crucial than ever, especially when it comes to employee retention. Surprisingly, CEOs might inadvertently be the main culprits behind the departure of their top employees.

This article explore into this phenomenon and offers actionable tips for CEOs to prevent being the reason behind their best talents leaving.

Top employee resigning from her job

Understanding the Issue

The departure of top executives from companies is a complex phenomenon, influenced by a myriad of individual and organizational factors. One significant aspect of this issue is the individual response of executives to disruptive events or “shocks” that occur within the company.…

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LMS: The Key To Increasing Employee Retention

Successful companies know that keeping their best employees is essential to their continued success and survival. Low salaries, ineffective management, and a lack of proper training are just a few of the variables that might undermine an employer’s capacity to retain its staff.

Learning Management Systems (LMS)

Inadequate training undermines workers’ confidence in their ability to do a good job. The risk that employees may start looking for a new job increases when they become upset with their lack of competence in customer service, problem-solving, and technological proficiency.

Those who have received proper training are more likely to give their customers and clients the best possible service and portray the company in a positive light.…

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An All-Inclusive Resource for Establishing Secure Workplaces

For many workers, an unsafe workplace is a major deterrent to staying with their previous employers. Providing a secure environment for workers to work in is one way to keep them around.

Positive workplace environment

However, how can you ensure that workers are protected from harm on the job? To ensure the safety of your workplace and ensure the longevity of your most valuable assets, follow the advice in this manual.

Observe Procedures That Meet All Required Federal And State Regulations

Employer adherence to applicable federal and state employment regulations is the first step in providing a secure workplace for employees. There will be variations in labour legislation from one state to another.…

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How to Choose the Best Health Options for Employees

Selecting a company healthcare plan is a high-stakes game. The cost to the company is significant, the impact your choice will have on your employees and their families is enormous. The pressure is high.

Employee consulting with Company Doctor

With the right understanding and research, it is possible to choose a plan that satisfies the needs of your staff while also accommodating your business’s financial means.

In this article, we take a look at how to choose the best health options for your employees.

The System

It’s no secret that the American healthcare system is complex and largely inequitable. Over half a million veterans lack insurance, despite the many resources in place that are supposed to help connect them with it.…

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5 Solid Strategies to Improve Your Employee Retention Plan

It’s no surprise that retaining excellent staff is critical to a company’s success. Recruiting new personnel is not only costly and time-consuming, but it also has a detrimental impact on your employees’ productivity and morale. As a business, retaining outstanding people should be at the top of your priorities list because it has a big impact on your bottom line.

Employee retention

Understanding what employees value most and acting on it to maintain employee engagement and happiness is the key to a successful retention strategy. It’s critical to keep evolving and being creative with retention techniques in order to meet the demands and desires of today’s workforce.…

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Invest in Every Employee

Investments made in any business activity are always measured by the returns they give. Be it an investment in a plan, product, or even in employee training, a business always expects returns that compensate for the investment made.

Happy employees

Investing in employees and their training procedures often maximizes profits and minimizes expenses. Effective employee training results in reduced turnover time and a lesser number of fines because of incompliances. Proper training can enhance revenues through augmented sales and high productivity.

Investing in employees can evidently enhance profits through a planned process that results in:

  • Retaining the existing clients
  • Increasing the upselling
  • Short sales cycle
  • Growth in productivity
  • Reduced turnover rate

Role of Human Resources in the Investment of Employee

While human resources training seems to be never-ending, it’s actually for good reason.…

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Use These 9 Strategies to Improve Employee Retention in 2021

The labor market has been volatile this year.

Actually, that’s a bit of an understatement. Due to the pandemic and its economic fallout, the labor market has been historically volatile this year.

Productive employees

Employers shouldn’t bet on that changing in 2021. While some had high hopes that the pandemic would add some slack to what has for years been a near-full-employment scenario, that hasn’t really materialized. It’s more important than ever to recruit and retain the very best — because you can’t be sure their replacements will be up to the job.

Retention is especially important in talent-driven fields like software development, according to a Michael Booz analysis published on LinkedIn.…

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How to Determine Pay Raises for Your Employees

There’s no doubt that corporate culture has shifted. Gone are the days when a new college graduate would seek to cement their place in a massive Fortune 500 corporation and stay with that corporation till the end of their career.

Determining employee pay raise

There’s a far greater tendency towards job-hopping than ever before and if businesses aren’t intentional about retaining their employees then they’ll find themselves staring down the barrel of high recruiting costs to backfill leaving employees.

Pay raises are on the of most crucial ways that a business can keep its good talent in the long term.

You don’t want to break the bank to the point where the employee is unprofitable, but you also want to reward him or her for their work and show them that they are valued by the company.…

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Rewarding and Retaining Your Sales Talent

Salespeople are unique in that they are both the key to the expansion and consistency of revenue, yet are often treated as expendable. Many a salesperson has found an open door and open arms that stay open just until they’ve exhausted their contacts, and then they’ll find that door firmly shut.

Talented salesman doing sales presentation

This might make sense from a purely economic point of view, but people aren’t mere data and numbers, and mistreating your salespeople will not only drain them of their loyalty, but also their incentive to stick around when a better offer crops up. As a business which respects its employees, you’ll want to consider these tips to retain your sales talent for the long haul.…

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6 Simple Tips for Retaining Your Best Freelancers

Hiring freelancers is an efficient and cost-effective way to make up for any skill or manpower deficiencies in your company. What’s more, the contractual nature of hiring freelancers affords you the flexibility you need to stay operational and remain profitable even during off-peak seasons. These make freelancers an indispensable resource for all businesses, especially in the case of SMEs and startups.

Busy freelancer on the phone

While freelancers often look for new projects to work on, you can still find it challenging to retain the ones you’ve come to depend on the most, or those who have proven themselves to be top performers in their field of work.…

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