How to Prevent Employee Turnover With Predictive Analytics
On average, 24% of employees research new job opportunities annually, with 46.6 million Americans quitting their jobs in 2022 alone. Employee turnover is one of the largest expenses organizations face. Estimates show replacing an employee costs an average of six to nine months of their annual salary — which can total in the hundreds of thousands of dollars, depending on the role. Reducing that churn saves your organization significantly on advertising costs, assessing talent pools, [...]
7 Tactics To Prevent Burnout in Your Employees
Employee stress is at an all-time high. Unlike previous generations that could easily decompress once they left work, employees today have to be available constantly and are often asked to learn an ever-changing set of skills, as well as frequently adapt to new technology. That combined with other work stressors from leadership, high workloads, commutes, and colleagues creates an environment where many feel strained. As a result, 52% of all employees on average experience burnout [...]
How flexible workspaces can help HR with employee retention
This is a guest post from Steven Sevilla, a Digital Marketing Associate at Weremote who enjoys writing useful content for readers to learn and enjoy. He has an ambition in building his career towards Content Writing, Copywriting, Content Marketing, and SEO. Hybrid and Flexible Remote Work has risen in popularity at the height of the COVID-19 Pandemic (2020), making it a new normal for the majority of workers and employees. Although it wasn't new for [...]
How to write a performance improvement plan (PIP)
If an employee is consistently underperforming or breaching code of conduct or performance requirements in some other way, a performance improvement plan or “PIP” is one alternative to terminating their contract. Here, you create a sort of probationary phase, during which expectations of change are clearly communicated to the employee, a deadline is set, and change is monitored and managed. Performance improvement plans are usually designed to help employees reach their full potential, especially if [...]
The psychology behind appreciation and acknowledgement for employee retention
What do your employee turnover numbers look like? Hiring top talent is great but retaining that talent will be far more beneficial to your business performance. If you wait until your employee hands in their resignation to find out how they feel about work, you are missing a valuable opportunity. You will miss the chance to keep a valued member of your team; and you will also miss the opportunity to identify and fix issues [...]