Tag: retention

Employee Benefits Addressing Financial Wellness Show Care, Drive Retention, Says Research

Replacing employees is expensive. In a time of low employee retention and high turnover, employers are striving to improve programs with a positive impact on employee engagement. “While individual benefits may not drive retention, benefits packages that address employees’ needs demonstrate that a company cares and, in so doing, become a driver of retention,” said […]

Corporate Culture Key to Attracting and Retaining Top Tech Talent, Says Survey

More than any other concern as it relates to hiring and retention, finding and hiring top tech talent keeps executives up at night—more than keeping the team they have in place and more than staying competitive with regard to salary and bonuses. According to the Harris Allied Tech Hiring and Retention Survey for 2017, half […]

Turnover Reduction Option: Focus on Implementing Career Paths

With the economy back in full swing, employers are encountering more difficulty keeping quality employees on board, which is especially problematic given that it takes longer (and costs more) to replace employees today. Thankfully, there are a lot of actions that employers can take to proactively reduce turnover. One such option is to focus on […]

What is Benefit Optimization?

Benefit optimization, as the name implies, is the process used by HR professionals to critically assess the organization’s benefit structure and determine what changes can be made to make the benefit package on offer best serve the organization and the employees.

Millennials

Improve Employee Retention Rates with These 7 Tips

by Miranda Nicholson, director of HR, Formstack Employee retention is not only valuable to company culture, but essential to the bottom line: turnover can cost a business as much as 150% of a position’s annual salary. The Human Resources team is essential to maintaining employee satisfaction and engagement, and their work is never finished. With […]

New Survey Uncovers the Key to Retaining Top Talent

Does your organization suffer from high turnover? Are you constantly looking for ways to retain talent? A new survey, conducted by Paychex, may offer more insight into ways employers can keep their current workforce happy, engaged, and most importantly—keep them around! The Paychex survey report, “Employee Retention: What Makes Employees Stay or Leave,” focuses on […]