Employee retention is often mistakenly treated as an "exit problem," but turnover actually begins long before resignation.
A low 2% quit rate masks a critical workforce issue: employee engagement has hit an 11-year low of 31%. This isn't a sign of a healthy workforce, but a warning.
PHILADELPHIA--(BUSINESS WIRE)--Phenom released new guidance and consultative action plans for organizations, enabling them to efficiently implement and adopt workforce intelligence technology that ...
Many businesses say they're suffering from labor shortages, but what are their management practices and what measures could be put in place to retain experienced workers? In 2022, I conducted two ...
Employee retention spiked upward during the second quarter of 2024, continuing a first-quarter increase and signaling the potential for lower employee attrition through the rest of the year, according ...
According to Remote Employee®, across more than 250 client businesses and 400-plus filled seats over five years, the company ...
According to the U.S. Bureau of Labor Statistics, nearly 20% of new employees leave the company they’ve joined after less than a year. The average tenure today is 3.6 years (and declining). Tenure in ...
In an increasingly competitive foodservice industry, businesses are turning to innovative staff retention strategies to keep their staff motivated and engaged. From small cafes to large restaurant ...
Everyone agrees: loyal employees should be rewarded. But how and with what? Almost nobody agrees on this, yet getting it wrong is one of the fastest ways to see your employee retention rate plummet.
Another way to describe key employees, according to Kathleen Souhrada, vice president of business owner solutions for Principal: They’re the critical talent that tends to differentiate your business.
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