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3 Employee Retention Best Practices

Achievers - Recruiting

We’ve all faced retention struggles : turnover, absenteeism, low morale and sluggish productivity. But if you already offer competitive compensation, what else can you do to make employees want to stay? Here are the most effective employee retention best practices that reinforce productive behaviors and deepen job satisfaction.

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4 Ways Compensation Affects Employee Performance

JazzHR

It’s no surprise that compensation is very important to employees. Here are four ways compensation affects employee performance: 1. Compensation is directly tied to retention, because everyone is fiercely competing for top performers. As the job market continues to tighten, they may have to exercise this option.

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Unconventional Goldmine: Tapping into Unrelated Industries to Boost Your Organization’s Talent Pool

Contract Recruiter

According to a LinkedIn report, 57% of leaders say soft skills are more important than hard skills, proving their immense value in the modern workplace. This exercise can help you create a comprehensive skills matrix that serves as the foundation for your cross-industry recruiting strategy.

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10 Ways to Improve Employee Mental Health and Why It Matters

4 Corner Resources Staffing Blog

Some employers have reported a growing reluctance from staff to come back to the office, and after prolonged periods of isolation and uncertainty, an increasing number of people are faced with mental health issues that were not present in their lives before COVID-19 arrived. Related: Employee Retention Strategies 3.

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Employee wellbeing: How to keep employees happy and healthy 

Achievers - Recruiting

The importance of employee wellbeing Investing in employee wellbeing delivers a multitude of benefits, from higher employee morale and engagement to improved talent retention and recruitment. Understanding and working to support these factors at your organization is the foundation of any successful employee wellbeing strategy.

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How do you overcome the Big Quit as an employer?

Workable

The US Great Discontent survey report also finds that employees in this group are more likely to be passively open to new opportunities than other age groups. These hiring costs can add up when one in three hires leave a company in their first two years and is why it is most beneficial to emphasize best practices for employee retention.

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A Comprehensive Guide to Long-Term Incentive Plans 

HRsoft

In the past five years, companies have been rapidly reforming their incentive policies to promote employee compensation packages being paid out over multiple years. This company policy is part of a deferred compensation strategy important to retain valued talent and maximize shareholder value. What Is LTIP? Who Receives LTIP?