Employee Retention: Benefits that Attract and Retain Employees In the “old days” of work, an employee could sign on with a company in their early 20s and expect to earn a decent salary for the next 40 years before retiring on a respectable pension. These days, employment isn’t so cut and dried. Salaries, loyalty, and […]
employee turnover
4 Ways to Increase Retention and Employee Engagement
Employee Retention and Engagement It’s a feat for businesses to retain employees for five years or more in today’s market, and the cost of losing them is high. The Center for American Progress claims that for workers earning $75,000 or less per year, the typical cost of turnover is 20 percent of the salary. The […]
Futren’s Strategies for Employee Retention
Businesses in the hospitality and food and beverage industries face many challenges. They ride the ups and downs of the economy more closely than the healthcare, government, or high-tech sectors, and average two to three times the rate of employee turnover, according to 2012 numbers from the Society for Human Resource Management. One small business […]
Five Ways Leaders Turns Doubters into Doers
This past February Yahoo!’s fledgling CEO Marissa Mayer made her first misstep. In a company-wide email, she announced Yahoo! was changing its telecommute policy. Effective June 2013, all employees were required to work in the office. The email shortly went viral as the modern workforce gasped at her audacity. A former Google executive- wasn’t Mayer […]
The Rules of Retention
Employee dissatisfaction is on the rise, especially among entry-level and mid-level employees. A recent study from Dale Carnegie Training found that only 23 percent (that’s one in four!) of non-management workers reported being engaged at their current job. Meanwhile, almost 70 percent of non-engaged workers said they would leave their current job for as little […]
Nine Rules for Employee Engagement
Employee engagement is defined as the emotional commitment an employee has for a job or organization, which then drives their performance. Countless studies have proven that an engaged workforce contributes significantly to a business’ success. Results range from happier customers to higher profits and stock prices, to lower health care costs. Moreover, experts say employee […]
