Employee retention is one of the most important metrics for companies. High retention rates will save you time, money, and resources. When companies have high churn rates, they need to invest in the recruitment process and take a chance on an employee that might not fit with their unique culture and structure.
The advent and popularity of unlimited paid time off (PTO) is continuing to grow. Even before the pandemic, some industry leaders started implementing unlimited PTO and flexible work structures that allowed employees to take time as needed, so long as it didn’t interrupt with their ability to meet deadlines and finish tasks.
Companies are starting to identify the value of detailed employee segmentation practices that help them understand their employees’ needs more effectively and transparently.
Many organizations continue to work in remote and hybrid models as the pandemic winds down, but many employees, when given the option to return to work, would actually prefer to continue working remotely. Our new guide, Taking Care of Remote Employees: The Key To Business Success Beyond the Pandemic, gives you actionable steps to ensure that your employees feel supported no matter where they are working.
