Employee Retention Benefits

Retaining the presence of hard-working and talented employees might seem like a seamless task at times, but it often is not. Ensuring that employees are contributing happily to the company requires strategic planning and implementation. Retaining your best employees can help with both the short-term and long-term goals of a company, and it saves both quantity and quality resources. It ...

retain employees

Companies are in a constant battle to snap up the best talent in the market. But bringing in bright minds with glamorous benefits is only the start. As an employer/ talent manager, you have to be on your toes constantly, engaging the new hires in a way that compels them to stay with you for as long as possible. But ...

Employee Retention Theories

It has been long recognized that employee retention is one of the most effective ways of ensuring the presence of hard-working and deserving employees. It is also remarkable in maintaining the productivity of a company. It saves the company thousands of dollars in employee turnover costs and makes sure that employee morale does not sway. While there are a ton ...

Employee turnover costs

The word “employee turnover” has an ugly ring to it because of the huge price a company has to pay in terms of recruitment costs to replace lost talent. Bringing in a new employee also means massive amounts of training costs and expenses in terms of lost productivity during the time they take to settle in. Further, the entire organization’s reputation takes ...

Employee Retention objectives

While hiring employees is a relatively easy task, it is not a painless task to retain them – and to retain them happily. Employee retention is simply defined as the ability of an organisation to retain its employees, thereby reducing the employee turnover, whilst also promoting an active and trustworthy working environment. The employee retention objectives and goals include a wide ...

Have you ever wondered why people leave your company at a rate higher than the industry average? You must have noticed the hit to your bottom line. Indeed, a high rate of employee churn is a costly affair. What are the main reasons for employees leaving a company? Unsurprisingly, a bad salary can cost you your top employees. People also ...

Employee Retention and Importance

Managing retention of hard working, motivated and positive workforce is very much needed for the success of any organisation. Problems in retaining an efficient employee can be the worst nightmare for an employer as it brings a whole new set of challenges to handle, on top of the daily activities for the businesses. With high employee turnover comes increased expenses ...

What do you think employee engagement to be? Is it about only keeping the employees happy in the workplace or engaging employees with some work? What is your opinion on this? Want to know!! Let’s dive deeper into the employee engagement best practices. The first thing that comes into our mind is that the employees are engaged and passionate about ...