The costliest endeavour in any workspace as per 95% of business managers is employee turnover. Also known as employee retention, this is a troublesome affair for most HR practitioners. Almost 50% of managers are of the view that businesses need to bear huge losses due to this. It actually has the potential of pulling down…
A phenomenon where employees wish to keep working for their present company without looking for other job opportunities is known as employee retention. Organizations that experience this are definitely not encountering challenges related to the tightening of the labour market. But you also can be one of those businesses that find high employee yields as…
Despite more skilled and qualified personnel today than ever before, the demand and supply of talent is very unbalanced. Somehow, even the top companies with the best packages fail to attract and retain valued professionals. Clearly, you need to step up the game. Fortunately, there are some effective ways to recruit and retain real talent…
Come holidays, the festive spirit invokes a sense of expectation for additional benefits amongst employees. Traditionally continued holiday bonuses have helped in building trust and harmony within organizations. However, with changing trends, businesses have started opting for such gratuities to be less contractual and more discretional as per market conditions. Many business owners are faced…
Workforce Human resource management system is gaining importance among small businesses as they come with a myriad benefits helping you through recruitment to promotion besides managing the routine HR activities. It allows you to strategically manage your employee base and refine their skills to build a world class workforce. With that backdrop, let us discuss…