In today’s marketplace, when it comes to attracting and retaining staff members who want to invest their time and services for the long term, trust and transparency are required every step of the way.
The role of recruitment in employee retention is foundational and strategic, often influencing the longevity of an employee’s career within an organization. Recruitment is the first touchpoint ...
In recent years, a number of professional service firms (including law firms and consulting firms) have established employees' securities companies, or "ESCs" which can provide their employees with ...
With the Society for Human Resource Management estimating that replacing an employee costs businesses between 50-200% of their annual salary, employee retention strategies aren't just feel-good ...
On October 19, 2023, the IRS announced (IR-2023-193) a withdrawal process for Employee Retention Credit (ERC) claims. The ERC withdrawal procedure follows an earlier IRS announcement (2023-169) on ...
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Retention is a growth strategy, not an HR initiative
Founders, especially early-stage founders, obsess over certain acquisition metrics. They want to track things like customer acquisition costs (CAC) and product velocity. But retention risk? That gets ...
What’s old is new. In 1913, Henry Ford introduced assembly lines to help reduce the cost of the popular Model T. By establishing a repeatable process and having workers focus on performing some, but ...
The IRS on Thursday announced a "special withdrawal process" for small businesses that may have wrongly claimed the so-called employee retention tax credit. Many small businesses were misled by ERC ...
Caregiver retention in post-acute care has historically been a challenge, but in recent years, the problem has become a crisis. According to the 2023 HCP Benchmarking Report, the turnover rate for ...
Everyone agrees: loyal employees should be rewarded. But how and with what? Almost nobody agrees on this, yet getting it wrong is one of the fastest ways to see your employee retention rate plummet.
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