employee retention Archives

Employee Retention Is Important. Here’s How Corporate Giving Can Help.

by Kimberly Zhang / ⠀Entrepreneurship• Investment / April 28, 2022

Can corporate giving practices play a role in contributing to employee retention in the face of The Great Resignation. Yes...and here's how.

The Great Resignation has taken on many forms as it’s shown no sign of slowing down going from 2021 to 2022. Highfalutin’ workers have used the shake-up to job hop and underpaid employees have stopped showing up to sub-par jobs. Everyone is on the move looking for new, better, more satisfying employment. None of these trends seems at all related to corporate giving practices…right? Not so fast. Our…

Executives Express Concern About Retaining Talent

by Editorial Team / ⠀Entrepreneurship / March 1, 2022

Executives continue to express concern about retaining talent. Less than a third said they intend to augment their compensation packages. According to a new survey released by accounting and consulting giant PwC, none of the many concerns top executives see as their most significant risks for 2022 rank higher than talent acquisition and retention challenges. Better leadership is possible. Seventy-seven percent of executives say that hiring and retaining…

Five Ways to Build Up Employee Loyalty

by Kimberly Zhang / ⠀Entrepreneurship• Startup Advice / November 20, 2021

There’s no simple way to ensure employee loyalty, but that’s precisely why it’s so crucial to try. It will require commitment and honesty. While the financial benefits of improving employee loyalty are evident (turnover costs firms over $1 trillion annually), the cultural and organizational advantages shouldn’t be neglected. Teams that are devoted to your company have higher levels of productivity, synergy, and overall happiness. You and your company…

CEOs Are Rethinking Their Benefits Strategies

by Kimberly Zhang / ⠀Career Advice / November 19, 2021

CEOs, despite honest efforts to balance gender roles, find a majority of good people exiting their careers…especially women and minorities. In April of this year, it was announced that 4 million Americans, or 2.7 percent of the total, had left their jobs. According to data from the U.S. Bureau of Labor Statistics, 2.9 percent of workers left their jobs in August 2021. Workers, like their CEOs, are no…