formula to calculate employee retention rates: Employee Retention Rate = (Total # of remained employees during set period ÷ Total # of employees) x 100 Why Is Employee Retention Important? The following are 5 ways that innovative employee retention strategies benefit businesses. 1. Boost employee morale A work environment with low staff or team retention can dampen employee morale. They not only feel unmotivated at work but also lack a strong attachment to the company. In contrast, companies with effective employee retention programs can

but also envision how they would fit with the existing team. Writing detailed job descriptions and having open communication with candidates improves efficiency in hiring; however, improving employer branding is a unique way to attract high quality candidates. Employer branding strategies are used to improve the retention of employees, as well as attract new hires who will blend with company culture. Employer branding can be utilized in many different ways, such as via social media, management practices as well as

By fostering an inclusive and equitable workplace, businesses unlock a multitude of benefits that positively impact their bottom line and overall success. Why is diversity, equity, and inclusion important? Benefits of Embracing DEI in the Workplace 1. Enhance Creativity and Innovation DEI initiative brings together individuals with unique backgrounds, experiences, and perspectives. When employees from different walks of life collaborate, they approach problem-solving from various angles, leading to fresh ideas and inventive solutions. 2. Improved Employee Morale and Retention

their advantage. Having ADHD at work has many upsides, such as curiosity, creativity, being innovative and finding time-saving ways to do common tasks that neurotypical employees might not have thought of. With small adjustments to workflows or practices, an employee with ADHD can overcome the challenges of having the disorder, and provide value to your team. Strategies to Managing a Team Member with ADHD Managing an adult with ADHD in the workplace does not require an overhaul of current

Write an eye-catching CTO resume headline. The resume headline is a short statement that briefly describes your expertise or pretty much anything related to the job opening. An eye-catching CTO resume headline can effectively grab the reader’s attention and demonstrate the relevance of your experience to the position. Examples of a great resume headline for CTO jobs: Innovative CTO with strong leadership in customer-driven technology platforms Chief Technology Officer & Co-founder of a startup with mobile

a business administration resume summary: It shows the recruiter that you paid attention to the business administration job description when you use the keywords. Doing so will triple your chances of recruitment. Underlines your business administration qualities as a potential employee for a faster evaluation. It helps you to be placed on top of other business administration resume applications since it attracts the attention of recruiters. Examples of a business administration resume summary: A Dynamic Business Administration Expert with over

attention by listing key competencies in your resume. 20 Core Competencies Examples Let's check out the list of common competencies examples as well as key competencies for your CV: Communication Teamwork Management Skills Customer Service Leadership Creative Thinking Adaptability Innovation Problem-solving Multitasking Interpersonal Analytical Skills Critical Thinking Technical Skills Computer Skills Microsoft Office Skills Decision-making Organizational Skills Transferable Skills Job-related Skills 1. Communication Communication skills facilitate the interaction, understanding, and coexistence among individuals in both the