The Importance of Leadership in Management
The importance of leadership in management is that it engages, enables, and energizes people to bring their best selves to work. Understanding that people are led and organizations are managed, and demonstrating the two different skill sets, enables a safe, engaging, productive, and sustainable business.
What Are Employee Engagement Activities? 3 Ways to Understand What Drives Employee Engagement
Employee engagement activities are activities that increase an employee’s enthusiasm for their work, commitment to the organization, and motivation to help the organization achieve success. When employees are engaged, they perform well, feel a sense of purpose in their work, and are less likely to leave.
14 Leadership Skills Examples
Leadership skills examples include the ability to be flexible, build trust, empathize, communicate, give and receive feedback, actively listen, be patient, solve problems, delegate, resolve conflict tactfully, manage time wisely, maintain consistency, adapt, and motivate employees to do their best.
What Are Employee Engagement Initiatives
Employee engagement initiatives are part of a wider-scale strategy to improve the employee experience by providing opportunities for growth, succession, and development. These initiatives may include mentoring, coaching, feedback, career development, and opportunities to co-create the company’s future.
The Most Important Factor in Retaining Employees
While there are many reasons people join a company and then decide to stay there, the most important factor in employee retention is the culture of the organization. Companies with cultures that support development, offer recognition, emphasize purpose, and ensure strong leadership will see less turnover.
What Is a Good Employee Retention Rate?
A good employee retention rate is an indication that an organization has a strong retention strategy and is experiencing low turnover. A retention rate of 90% or higher is considered to be a good retention rate, meaning organizations should strive for an average employee turnover rate of 10% or less.
How to Write an Employee Retention Plan (10 Steps)
If you’re looking to reconsider your retention strategy and write an employee retention plan, here are 10 steps you can take that build on steps we know to be effective and dig deeper to incorporate your employees into the development of your plan for greater impact.
What Is Employee Retention, and Why Is It Important?
Employee retention refers to the ability of an organization to hold onto its employees. At its core, employee retention is about keeping valuable employees in your organization for a predetermined length of time. This timeframe might be six months, two years, five years, 10 years, or even longer.
Why Recruiting and Retaining Employees Is Important (5 Surprising Reasons)
Recruiting and retaining employees is important because of the high cost of turnover and its effects on an organization’s productivity, but, more importantly, it’s necessary to ensure continuity, confidence, camaraderie, community, and a strong culture within the organization, which are vital for success.
How Do You Improve Employee Retention?
You improve employee retention by fighting attrition. We need to fight to keep our people, and we need to work hard to help employees engage in their jobs. When it comes to retaining good employees, a defensive mindset is better than an incentive/rewards approach because it fosters vigilance.