Retention strategies are limited only by what you’re willing to do within the law. The following 30 unusual, creative, and even silly ideas will help you reduce turnover and increase worker loyalty. Dan Price, CEO of Gravity Payments, took employee retention to new heights when he announced in April that he was raising the salary of every […]
A great team of employees is crucial for the success of any business or organization. Therefore, companies invest a lot of resources in attracting the right employees. Recruiting talented individuals for an organization is an important step, but it’s not the end. On average, 30 to 60 percent of employees in every organization or business […]
With the unemployment rate hovering at an all-time low of 4.1% and the department of labor reporting a decline in average employee tenure, retaining your current employees is more important than it was a few years ago. If you have a low retention rate and a high turnover rate, meaning that employees jump ship faster […]
Employees leave a company for a variety of reasons. Most of them can be avoided. While you may already be working on improving retention, it isn’t always clear which initiatives will have the biggest impact. Your solutions’ effectiveness depends on whether they are aligned with problems, and the sad truth is that many of those […]
