Tag Archives | employee retention

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Talent Wars: How Much Money Does It Take to Keep an Employee?

Good talent is hard to find, and the tight labor market is leading some employers to wage bidding wars over talent. But how much money is enough to convince an employee to turn down a job offer and stay with their current employer? In a recent survey, Express Employment Professionals posed that question to job […]

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The Results Are In: Increasing Pay to Retain Star Employees

In April, we asked readers if a star employee were offered a job with another company, how much of a pay increase over their current salary or wage would they offer to retain them? And with 39% of the votes, the top response was a 5 – 10% increase, followed by an 11 – 15% […]

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The Results Are In: 41% of Employers Report Average Employee Tenure Five Years or Less

In a recent Refresh Leadership poll, we asked readers about the average employee tenure at their companies. Slightly more than 41% of respondents replied with five years or less, followed by 24% saying their average tenure was 5 – 10 years. And, rounding out the top three responses, 10% said 15 – 20 years. The […]

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Question of the Month: How Much of a Pay Increase Would You Give to Retain a Star Employee?

Question of the Month: How Much of a Pay Increase Would You Give to Retain a Star Employee?

It’s a job seekers market, and talented workers hold all the cards. Many companies are struggling to recruit top talent and qualified, skilled workers now have more opportunities than ever. So for our April question of the month, we want to know how much of a pay increase you would consider if one of your […]

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From Recruitment to Retention: Four Ways Employers Are Retaining Employees

A Tight Labor Market May Require Extreme Measures. In West Texas, truck drivers are earning six figures and 20-something-year-old newcomers are doubling their earnings in the oilfields after just two weeks at a junior college. In Red Deer, Alberta, an increasing number of companies are covering the costs of post-secondary tuition or skills upgrading of their employees. […]

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Job Insights Report: An Improving Economy—but Where Are the Workers?

To provide accurate and timely employment forecasts for the U.S. and Canada, Express Employment Professionals International Headquarters conducts an ongoing Job Insights survey to track quarterly hiring trends for businesses across a wide range of industries. The survey targets business owners, decision makers, and human resource professionals with questions about the overall national hiring trends […]

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