Observing the dynamics of the modern talent landscape, one can easily see how time and technology have ushered employees to the center stage where the spotlight remains. Modern employees are acutely aware of their worth these days and are not hesitant to refuse if there is so much as a hint of unfair workplace treatment […]
Imagine you are at the stadium to watch your favorite team play. You crave a delicious sandwich– the perfect complement to a perfect game. You venture towards the food court, and every vendor there is selling the ‘most delicious’ or ‘the best ever’ sandwich. Now if sandwiches were only bread and mixed vegetables, you wouldn’t […]
Key Takeaways High employee turnover rates, accompanied by lost productivity and recruitment costs, can have a crippling impact on the prospects of any company. Consequently, when an employee leaves, the impact is resounding and goes beyond just the loss of talent. World around, 85% of HR leaders have made employee retention attempts their top priority […]
Key Highlights Compensation is not the sole driving factor to engage candidates and retain employees who expect more comprehensive rewards from their employment. An SHRM study found that 92% of employees consider employee benefits significant for their job satisfaction. Similarly, 63% of candidates look for the benefits a company offers while searching for a job. […]
Key Takeaways Employees are a key component of the business equation, driving growth and customer satisfaction based on business strategies and priorities. Since they are the ones directly connected with customers, they are better equipped to boost your business sales and earn profit. Hence, it is essential to have better programs and initiatives to keep […]
Key Takeaways Disengaged employees are a liability to any organization and cost companies billions of dollars due to lost productivity. The cost of replacing such an employee may go up to 50% of the employee’s salary. A Gallup study reports that disengaged employees have 37% higher absenteeism, 18% lower productivity, and 15% lower profitability. The […]
Key Takeaways Employee engagement and customer satisfaction go together like PB&J! When your employees are stoked about their jobs and totally committed to the cause, they’re way more likely to provide some top-notch customer service. And you know what that means? Happy customers all around! Engaged employees are like superheroes for your business – they’re […]
Retaining talent takes effort. It isn’t an easy task, and the process of hiring new talent to fill new positions or existing ones is a continuous cycle. It can also be a cumbersome task for them. The entire process of identifying, assessing, acquiring, and then onboarding can be time-consuming. One way to make things easier […]
The Great Resignation, the Big Quit, or the Reshuffle – whatever you may call it – is an ongoing economic trend and a reality impacting organizations around the globe. Employers are looking for ways and mean to retain employees and trying to demonstrate investment and commitment to the same. But the majority of the global […]
Dale Carnegie, Leadership Training Guru once said, “People work for money but go the extra mile for recognition, praise, and rewards”. It is after all true. Who doesn’t like to be praised or appreciated? Recognition is the best motivator. It motivates employees to do better, work harder and achieve milestones at work. Recognition can be […]
