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Showing posts with the label Attraction & Retention

5 Attraction and retention trends to monitor in 2025

The battle for top talent isn’t over. While employee quits declined in 2024, studies suggest turnover could surge in 2025, with 38% of employees considering a job change. To stay ahead, organizations must adapt to these key trends.  [I Want the Trends Now]   The workforce trends that will shape 2025  1. Unemployment rates above 4%  A slowing job market may shift leverage back to employers, but competition for skilled talent remains fierce.  2. AI and automation in the workplace  As artificial intelligence reshapes jobs, companies must invest in upskilling to attract and retain a future-ready workforce.  3. Demand for GLP-1 weight loss drugs  With more employees factoring GLP-1 coverage into job decisions, employers must weigh the financial impact of adding these medications to benefits packages.  4. Return-to-office push  Companies are tightening in-office mandates, but balancing flexibility with business needs remains critical to retent...

Innovative employee retention strategies: 9 fresh ideas

Employee engagement and retention are pivotal in every sector, but they carry even more weight in the not-for-profit space, where resources are often limited. High turnover can be both costly and disruptive, impacting productivity and damaging morale. In an era of workforce evolution, to effectively retain their top talent, organizations must explore innovative employee retention strategies that go beyond conventional methods.  Engaged employees are distinguished by their higher productivity, motivation and loyalty, and they are more likely to stay with a company for the long term. Gallup recently updated its research article, The Benefits of Employee Engagement , finding that "low engagement teams typically endure turnover rates that are 18% to 43% higher than highly engaged teams."  In addition to turnover, disengaged employees negatively impact a company's financial health, with turnover costs averaging six to nine months of the departed employee's salary, accordin...