Employee Retention Strategies for Your Company in 2023 Employee retention strategies for your company are one of the important and most overlooked aspects of running a successful company. Due to the sky-high cost of employee turnover, most companies are actively…
Employers have learned that incentives are key to retaining employees. Many of the standard rewards systems don’t seem to be pulling their weight. Companies try to incentivize employees to stay by offering flashy perks– like Google’s free gourmet cafeterias– or…
Machine learning techniques have been used extensively to predict and monitor customer churn. Now they’re being applied to employee retention, and the timing couldn’t be better. In light of incredibly low unemployment rates and a highly competitive labor market, employers’…
Most mid and lower-level employees plan on switching jobs every two years. They’ve been taught, by their peers and by the market itself, that this is the best strategy for achieving long-term professional and financial growth. On the other side…
Most major corporations focus their employer branding efforts on having a “positive company culture.” Some firms, like Lyft and Netflix, go even further–marketing themselves as having a counter-culture office atmosphere that stands out to potential employees as new and different.…
Employee engagement is the corporate buzzword of the decade. Studies often differentiate between employees who are engaged, “not engaged,” and actively disengaged. Such terms are often used in an attempt to scare CEOs into thinking that 71% of their workforce…
When looking for memorable ways to reward employees, many CEOs turn immediately to incentive travel. Travel rewards have risen steadily in popularity over the past few years, primarily because employers feel the need to keep up with other companies that…
CEOs are faced with challenges every single day. None is as difficult as the problem of employee retention. Identifying the exact cost of employee turnover down to the dollar is a big ask—a question that could keep your accounting team…
The most-engaged teams are the most productive. At Inproma, we tailor employee engagement programs just for your company and its goals.
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