Promoting hybrid work is the most-common action being taken by leaders to attract new employees, improve employee retention, and reduce voluntary turnover in the current hyper-competitive market for talent.
Offering additional incentives to candidates—such as sign-on bonuses, equity awards, perks, or benefits—is something that only one-third of leaders surveyed are considering to help attract new workers.
Actions linked to increasing retention efforts are related to increasing effective and strategic internal communications.
Fostering collaboration and communication in hybrid work environments can increase retention and decrease voluntary turnover.
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