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Retention

Labor hoarding: The new (old) trend

09/20/2022
Instead of laying off workers to save capital as a recession looms, companies are “hoarding” top talent to avoid the high cost of recruitment and training. That’s good news for both employers and employees.

Poll: Half of employees say they’re content to stay put

09/13/2022
A slim majority of employed adults (52%) are content with their jobs and are not looking for new opportunities right now, according to a new Harris poll conducted for CareerBuilder.com.

Offer inflation bonuses to retain employees

08/30/2022
Like covid-19 bonuses that employers paid to retain front-line workers during the height of the pandemic, making one-time bonus payments to offset higher costs of living can help keep workers from leaving for other jobs.

What is quiet quitting… and how many of your staff are doing it?

08/20/2022
“Quiet quitting” is a trend no manager was asking for: a way for workers to justify why they’re not doing more than the bare minimum to stay employed.

Better benefits emerge as keys to retention

08/09/2022
The number of employees willing to pay for more generous benefits has rebounded following a dip during the pandemic. Those are among the key findings of a recent survey of more than 9,600 U.S. employees by the Willis Towers Watson consulting firm.

Counter ‘Big Quit’ with counteroffer strategy

07/28/2022
Surprisingly, more than 90% of organizations don’t have a policy or strategy on how (or whether) to propose counteroffers, according to Tom McMullen, senior partner at consulting firm Korn Ferry.

Training is key to retention, especially for people of color

07/05/2022
Fifty-eight percent of employees surveyed said they are likely to leave their company unless they receive training and education opportunities to develop new skills, stay up to date on current trends and drive career advancement. This likelihood to leave holds especially true among people of color.

7 reasons why employees disengage and quit

06/24/2022
Think of your employees as all sitting in the same rowboat. You like to think they’re all pulling hard on those oars together. But based on recent Gallup polling, only about a third of employees (34%) are busting their butts (actively engaged).

Snapshot: Reducing turnover with performance management

06/14/2022
Employers worried about retention are recalibrating their development and performance management processes.

Retain staff by covering training, certifications

06/08/2022
Facing a vise-tight labor market, employers are pulling out all the stops to retain top talent. One increasingly popular and affordable tool is to cover or offset employees’ costs for their professional training and certifications.