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Why Bonuses Don’t Work to Improve Employee Retention

Contract Recruiter

There are many different ways a company can encourage employee retention; one of the most popular is the retention bonus. At first glance, it seems like a good idea. Retention bonuses have tons of issues; foremost among those issues is a simple fact: there’s no evidence that they work. What’s wrong with that?

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I Love My Job…But I Have to Quit: How to Retain Your Gen Z Workforce

Recruiting Daily

By way of comparison, Millennials saw a rise of only 88% during the same period. The employer-sponsored benefit of earned wage access empowers employees with additional choices and control over their earned pay at the end of every shift. It is no surprise that Gen Z (Ages 18-26) is facing ever-growing mounting debt.

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Candidates and Counteroffers – Early Coaching Can Help

NPA Worldwide

Right now, though, with plentiful jobs and candidates in woefully-short supply, counteroffers are at perhaps an all-time high. Recruiters need to assume that employers WILL counteroffer your candidates as part of their retention efforts, because they know replacements are simply too hard to find. Things have changed.

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How to Build a Diverse Recruiting Strategy

Social Talent

For recruitment professionals, this means developing a strategy that promotes diversity and inclusion at every stage of the hiring process. Reducing employee turnover : A positive and inclusive work environment increases retention and reduces turnover.

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How Upskilling, Reskilling & Continuous Learning Can Help Retain Talent

SmartRecruiters

In this article, we’ll explore all of the above and how you can use these opportunities to help your retention strategy. These don’t necessarily need to come at a great lift and can be something as simple as pair programming within the coding industry, for example. more revenue in comparison to disengaged employees.

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3 Myths of Workplace Retention

SmartRecruiters

Onno Hamburer, the author of the Happiness at Work e-book , understands that negative feelings are a part of daily life: “…Even when things are going well, we sometimes need negative feelings, as they serve as a warning when there is a chance that things may go wrong. I’m going to make a slightly ridiculous comparison, so bear with me.

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3 Factors Strongly Linked to Better Employee Retention, According to 32 Million LinkedIn Profiles

Linkedin Talent Blog

That’s the probability of you being alive at any given point in time. So we applied the same calculation to the world of employee retention to see the odds of someone staying at a company — and we found three factors that are strongly linked to better retention. Either new position was linked to greater retention.