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Showing posts from November, 2022

9. Benefits of Employee Retention for Businesses

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  Benefits of Employee Retention for Businesses Understanding employee retention risks and implementing strategies to reduce talent attrition rates is a fundamental facet of human capital management ­— and for good reason. The cost of employee turnover is incredibly high, impacting not only operational costs, but also revenue, productivity, company culture, customer experience and more. Despite the detrimental impact that high turnover can have on an organization, many companies nonetheless fail to prioritize employee retention. Those that do invest in improving it, however, see significant returns across a number of critical areas. What Is Employee Retention ? Employee retention refers to the strategies and processes an organization develops to keep its top talent and mitigate turnover risks.  Employee retention and turnover is a  leading workforce management challenge for many organizations and human resources (HR) professionals, creating significant operational costs for emp

8.NEW HUMAN RESOURES TECHNOLOGY CAN BOOST PRODUCTIVITY AND ENGAGEMENT IN BUSSINESS

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  NEW HUMAN RESOURES TECHNOLOGY CAN BOOST PRODUCTIVITY AND ENGAGEMENT IN BUSSINESS Employees are becoming increasingly demanding and expect instant answers to everything: from how much annual leave they have left to what the procedure is for reporting in sick. Managers have equally high expectations that the HR team will be able to click their fingers and instantly come up with the data they need to support business decisions and lead their team effectively. As well as one of the key tasks facing any HR team is increasing employee productivity, as more productive employees translate into a healthier bottom line. With a productive workforce, you cut time-wasting, improve communication, boost engagement and raise happiness levels across your organization – resulting in lower costs and higher profits. And there are now a host of tools out there that, when used properly, could result in higher employee product While HR are undoubtedly under pressure, the truth is that the technolog

7.HOW TO HUMAN RESOURCES CAN IMPROVE EMPLOYEE PRODUCTIVITY

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  HOW TO HUMAN RESOURCES CAN IMPROVE EMPLOYEE PRODUCTIVITY Managing people is "complex". There're so many variables involved – anger, fear, dreams, thoughts, feelings etc. Every individual employee is different. Some can handle work well but not their emotions. While others can handle emotions but not a pile of workload. That's the reason why people management skill is important for every entrepreneur. If you can't handle people, you won't be able to run even a mom-and-pop store . With the nine tips listed here, you'll not only be able to improve performance but also productivity of employees. With more productivity & better performance, business will reach new heights.   1.Implement Flexible Work Options Business News Daily shared that a report from ManpowerGroup Solutions states that almost 40% of the job candidates worldwide consider the flexibility of the schedule as one of their top factors in deciding for a career. Employees nowadays pr