How to reduce turnover?
If you want to reduce employee turnover, develop a solid employee compensation strategy. Offer your candidates a fair compensation package and adjust it regularly to show employees how valuable they are to your organization. While you don’t want money to be the only motivating factor for an employee, you don’t want it affecting an otherwise happy ...
How long do referrals stay?
Referral hires are also more satisfied and stay longer, with 46% staying for more than a year, 45% more than 2 years, and 47% more than 3 years.
How to make new hire feel welcome?
Onboarding tends to be very paperwork-heavy, so try to mix in some other activities to make your new hire feel welcome and comfortable in their new environment. Take them on an office tour and introduce them to everyone, invite them out to lunch, and give them opportunities to ask questions to their manager or mentor.
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