Should You Counteroffer an Employee After They Resign?

Counter Offering an Employee

The global pandemic has led to a massive shift in how the employer-employee relationship works. For decades, the balance of power has tilted in favor of employers, and when an employee leaves, they take their fate into their own hands. Rarely would an employee be valuable or irreplaceable enough to warrant a counter-offer, and when…

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Why Did Multiple Employees All Quit at The Same Time?

Employees Quit Same Time

Turnover is a fact of life for a business. Few employees will hold the same position forever; indeed, the idea of a life-long career has been somewhat of a rarity for decades. Even if you have particularly loyal employees, outside factors can lead to a resignation. It’s often outside of your control. However, there’s a…

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Why Bonuses Don’t Work to Improve Employee Retention

Bonuses Employee Retention

There are many different ways a company can encourage employee retention; one of the most popular is the retention bonus. At first glance, it seems like a good idea. Employees who stick around get a bonus to financially reward their loyalty. What’s wrong with that? The truth is, almost everything. Retention bonuses have tons of…

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Guide: How to Accurately Calculate Your Employee Retention Rate

Calculate Retention Rate

As difficult as it is to recruit high-quality candidates, it makes sense that your company should do everything it can to keep your employees around. This means that one of the most important metrics measuring your workforce is your employee retention rate. Some level of turnover is natural and unavoidable. People retire. People have outside…

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List of 70+ Employee Recognition and Appreciation Ideas

Employee Appreciation

Employee recognition is incredibly important, more so than many business owners ever realize. The need to be recognized, to feel as though you’re more than just a cog in an uncaring machine, is a critical component to job satisfaction and productivity. It’s also key for employee retention. According to FastCompany, employees are 12% more productive…

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