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In recent years, the corporate world has witnessed myriad changes, from the rise of remote work to the Great Resignation. However, a new trend, termed “The Great Gloom,” is emerging, painting a concerning picture of the global workforce’s well-being. According to the first-ever Employee Happiness Index by BambooHR, a cloud-hosted software for HR, employees are […]
In a previous post, we discussed that when companies value and actively cultivate high employee morale, they tend to outperform their competition by 20%. Today, we’ll offer several tips and strategies on how to improve employee morale and candidate experience in your organization by first getting to know your candidates and employees better.
We’ve talked a lot about the importance of employee satisfaction in recruitment and retention efforts. Turnover and hiring are expensive, and companies can’t afford to keep losing their staff over low levels of satisfaction. However, there is a strong argument in favor of promoting employee satisfaction on the flip side as well.
Unemployment is at record lows, and Baby Boomers are leaving the workforce at increasing rates. For companies that are struggling to fill roles, they should look to current employees to make lateral moves to help fill the void. However, companies need to know how to retain workers in order to keep them around.
New research finds companies continue to leverage and expand well-being programs to create healthier and more productive workforces. It also finds financial incentives play a key role in the success of well-being programs.
Findings from a new survey suggest that if a company offers no or limited benefits it risks losing out on top talent during the hiring process.