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Retention

Raises to remain flat in ’08, but bonuses gain favor

08/21/2007

A trio of closely watched national salary surveys say that employers plan to dole out annual pay raises of about 3.8% in 2008. The biggest trend: Employers are devoting an increasing amount of their salary budgets to bonuses. Here’s how to keep your bonus programs fair and legal…

It IS rocket science: Learn from NASA how to prevent ‘Brain drain’ at your company

07/31/2007

Use NASA’s seven-question approach to help stem the loss of critical knowledge at your organization…

Profit sharing and ‘No walls’ management boost job referrals

07/01/2007

About 70% of all hires at Findley, Ohio-based hiring firm Right Thing come highly recommended by the organization’s own employees. What gets employees talking to their friends about joining the firm? It’s the company’s laid-back atmosphere—with no formal managers or departments—and an employee profit-sharing plan that involves half the company profits …

Intense training cuts turnover among hourly staff

07/01/2007

At Zeppe’s Pizzeria in Bedford Heights, Ohio, managers focus on experiential training, and lots of it. Franchisees receive a six-week course, but even hourly delivery drivers have up to four days’ training …

Diversity effort includes training next leaders

07/01/2007

Efforts to increase diversity and retention form the basis of two programs at New York-based Deloitte & Touche. The Breakthrough Leadership Program identifies about 25 of the company’s top minority professionals who exhibit leadership qualities …

Recruiting & Retaining: 6 Real-Life Examples of Successful Programs

06/01/2007

Turnover among female employees at New York-based KPMG has declined by 22 percent in the past three years. One big reason: The KPMG Network of Women, or KNOW, helps female staff with professional development …

$100,000 cash prize helps improve attendance, recruiting

06/01/2007

When Chicago-based Staff Management wanted to recruit more than 1,000 seasonal workers over the busy December holidays, it lured them by offering a $100,000 cash prize to a lucky employee who had perfect attendance …

Outreach center offers emergency relief for workers, cuts turnover

06/01/2007

The Family Outreach Center that’s provided to employees of Rosen Hotels does more than find day care slots and elder care resources for employees …

KPMG’s ‘Network of Women’ cuts turnover of female staff

06/01/2007

Nearly 80 percent of the female employees at New York-based KPMG think it’s a great place to work, up from 63 percent in 2004, a company survey shows. Sandra Bushby, director of women’s initiatives, says that’s because of the firm’s “Network of Women”…

Total-Compensation Statements: More important than ever

06/01/2007

For the first time in five years, HR pros who handle benefits are saying that employee retention is an even more important goal than cost control. The key to keeping good employees in your organization: Make sure they know the dollar value of their benefits packages …