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Increase employee retention. Growing pains impact every team member and can alter your corporate culture. By shifting HR tasks to a PEO, your staff can prioritize people management.
The employee retention rate tells you what percentage of employees remained with your company over a given period of time. You might use your retention rate to gauge your workforce’s stability ...
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.
HR's challenge is to provide business leaders with actionable information that helps them make decisions about investments, marketing strategies, and new products. HR metrics are a vital way to quantify the cost and impact of employee programs and HR processes and measure the success (or failure) of HR initiatives.
“This increase in disposable income would have the effect of stimulating the economy, but at the expense of likely increasing real inflation,” said Crystal Stranger, CEO at Optic Tax. “Thus ...
Workplace wellness programs benefit employers as well; while the various components of the wellness programs helps to keep employees healthy, employers are able to increase recruitment and retention of workers. [38] Some employers have also utilized penalties to improve employee participation within the company wellness program. [39]
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