For the past several years there has been so much discussion around employee engagement that you may be growing tired of the term. Yet, the facts are hard to ignore. Companies with highly engaged employees consistently outperform those without. Much less clear, however, is what HR departments can do to influence engagement in a strategic manner.
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Your inbox is probably filled to the brim with advice on onboarding. There are two reasons why this topic is hot right now: record employment levels and some pretty alarming facts about first-year voluntary turnover rates—particularly among millennials.
While there’s plenty of research on turnover rates, which can run as high as 50 percent in the first year, you’ll find a surprising lack of research to support specific onboarding program ideas. To do a better job of retaining new employees, we need to develop a better understanding of what they really want from employers.
We are excited to announce today that Decision Toolbox, a leading provider of recruitment solutions, is now part of the Engage2Excel family of companies. This announcement represents an important next step in our strategy to help organizations attract, hire, motivate and retain highly engaged employees. The acquisition complements our existing HR solutions for employee recognition and surveys and significantly expands the capabilities of our Talent Acquisition division, launched in July.
Read MoreCompanies have been recognizing employees for their length of service since the late 1800s. Today these programs, which are utilized by 90% of Best Practice organizations, aren’t just limited to recognition of service anniversaries.
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