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Diversity and inclusion (D&I) is a major concern for companies worldwide in 2022. When implemented with utmost dedication and honesty, a diverse workforce can uplift engagement, companyculture, and productivity. But, with barriers, it becomes challenging. But first, let’s get to know some facts. Selective Mentoring.
Examples of strategies for improving retention are: Offering competitive compensation and benefits Providing opportunities for careerdevelopment Fostering a positive companyculture Addressing concerns raised in employee feedback We can track employee retention over time (monthly, quarterly, annually, seasonally, etc).
According to a 2022 Paychex survey , 27% of 1,000 HR decision-makers in the United States employ stay interviews to help enhance retention. It can include things like work-life balance, professional progression, or companyculture. And to tackle that, organizations have been resorting to stay interviews.
From remote work policies to green initiatives, companies realize that people's sustainability is good for business and essential for the well-being of their employees and communities. Over 4500 companies globally have become certified B Corps as of February 2022. (To
Even a 2022 Edelman Trust Barometer survey highlights that: Moreover, the disarming effects of the pandemic have taken a toll on the mental health of young workers. Lack of Career Advancement. Did you know that one of the top reasons behind the “great attrition” was the lack of careerdevelopment?
These are provided to give a company a competitive advantage while focusing on increased retention. Flexible Work Arrangements: According to PwC's Global Workforce Hopes and Fears 2022 Survey, 62% of employees desire a combination of in-person and remote work. Some of them include the following- 1.
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