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What Is a Good Retention Rate and How Do You Achieve and Maintain It?

15Five

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees. What is a good employee retention rate?

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Customer Retention: CEOs Share Strategies

Chief Executive

Their intent is clear: 41 percent of CEOs polled by Chief Executive in July cited “shifting focus to consumer retention” as an action they had taken or considered taking over the previous three months, making it far and away their biggest expressed priority. Many companies slipped on retention efforts over the last few years.

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Claiming an Employee Retention Credit in 2022

Zenefits

You can still claim an employee retention credit (ERC) if you own a small business and had to partially or fully close because of COVID-19. Is it too late for me to claim the employee retention credit? . Am I eligible for the employee retention credit? What wages qualify for the employee retention credit? .

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Boost Employee Engagement and Retention with Modern Recognition Programs

Vantage Circle

AR/VR Experiential Rewards Immersive Fun Some innovative companies now offer augmented and virtual reality redeemable rewards putting employees at the center immersive, gamified 3D experiences ranging from global travel adventures to interactive game shows. These highly memorable recognitions boost employee delight.

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Your In-depth 2023 Guide to Stay Interviews (Plus Best Questions to Ask)

AIHR

Stay interviews are a highly effective tool for improving employee retention and engagement. Its purpose is to understand why employees choose to stay with the organization and determine the specific actions needed to increase their engagement and retention. Think of it as a customer retention strategy, but applied to employees.

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10 Reasons Every HR Leader Must Attend 15Five’s 2024 Thrive Conference 

15Five

Here are 10 reasons why you won’t want to miss this year’s Thrive: No Travel Required: Attend from Anywhere No flights to book. We’ve designed the agenda to deliver value for everyone: 15Five Mastery Track: Learn how to maximize your use of the 15Five platform to boost performance, engagement, and retention within your teams.

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Understanding Service Awards and Taxation Benefits in the US and Canada

Vantage Circle

In the fast-paced business environment, where talent retention is a top priority, the importance of recognizing employee loyalty and longevity cannot be overstated. Cash, gift certificates, travel, vacations, event tickets, bonds, stocks, and other intangible incentives are excluded from tax-deductible awards.