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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. Retention bonuses have tons of issues; foremost among those issues is a simple fact: there’s no evidence that they work. What is a Retention Bonus, Specifically? 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. Meeting employees where they are benefits employers in recruiting and retention, with earned wage access keeping employees coming to work more consistently, increasing the frequency at which they want to work, and sticking around longer.

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How to Build a Diverse Recruiting Strategy

Social Talent

Reducing employee turnover : A positive and inclusive work environment increases retention and reduces turnover. Develop a consistent interview process : Predetermined questions and evaluation criteria allow for an equitable comparison of candidates and reduce the influence of unconscious biases.

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Candidates and Counteroffers – Early Coaching Can Help

NPA Worldwide

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. Right now, though, with plentiful jobs and candidates in woefully-short supply, counteroffers are at perhaps an all-time high.

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3 Myths of Workplace Retention

SmartRecruiters

I’m going to make a slightly ridiculous comparison, so bear with me. Despite what Gallup might tell you , happiness is not the same thing as engagement, no matter how often we use them interchangeably. If you’ve ever owned a cat, you probably know that they go crazy for string.

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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. Talent retention is just one of the contributing factors to having a continuous learning strategy in your company. more revenue in comparison to disengaged employees. Short on time?

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

Linkedin Talent Blog

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. We looked at 32 million LinkedIn profiles to produce our own “retention curve.” Either new position was linked to greater retention.