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Looking Toward 2023, Expect to See More of the 4-Day Workweek

Zenefits

Worried about losing revenue? Naturally, many business leaders worry about revenue loss when considering cutting back on work hours. Not only does a 4-day workweek not lead to revenue loss, it can actually lead to revenue gains. This means that even during the transition to a 4-day workweek, revenue went up.

Revenue 104
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15 Diversity And Inclusion Statistics You Must Know

Vantage Circle

From attracting top talents from various backgrounds and identities to fostering diverse teams, diversity and inclusion lead a company towards success with high job satisfaction and employee retention. This can harm employee wellbeing, employee retention strategies , and the company’s reputation. Higher Innovation Revenues.

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Does Performance Management Really Help Every Employee Become Their Best Self?

15Five

The employee retention dilemma. Businesses are very adept at tracking their CLTV (Customer Lifetime Value), which is a factor of how much revenue a customer contributes over what length of time. What if we could shorten employee ramp-up, and increase contribution and retention? Click To Tweet. ?During

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6 Ways to Give Effective Praise to Motivate Your Team

Get Lighthouse

Gallup found that giving praise has a profound impact on a company's bottom line and its retention: "[Those answering "strongly agree to] "In the last seven days, I have received recognition or praise for doing good work” is responsible for a 10% to 20% difference in revenue and productivity. All you have to do is ask …. Let them know.

Manager 131
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28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

What : Getting new users to a key milestone that you believe is important for long-term retention. Tactic #21: Optimize retention. Retention is the core of your growth model and influences every other input to your model. This is important because if you improve retention, you’ll also improve the rest of your funnel.

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A Definitive Guide on Diversity and Inclusion in the Workplace

Vantage Circle

It is also a driving force of growth, revenue, and profit. The 2018 Gallup Report defines ‘Diversity’ as the “full spectrum of human differences.” The 2018 Gallup Report said that the first step in creating a diverse and inclusive culture is acknowledging the fact that diversity and inclusion are two different concepts.

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14 Benefits of Employee Engagement that Work

Vantage Circle

Benefit 2: Improves Retention Rates. Therefore, engaging employees helps reduce the cost of turnover and improves retention. Related article: 20 Effective Employee Retention Strategies. Benefit 3: Increases Revenue. Engaging your employees will increase your revenue. Source: Unsplash ).