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The Promotion Paradox: Is This Retention Strategy Backfiring?

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Promotions, typically seen as milestones that boost an employee’s position within a company, might actually be pushing people out the door, according to payroll-services provider ADP’s new Today at Work survey. The report reveals a staggering 29% of employees quit their jobs within a month after their first promotion.

Promotion 147
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Want to Retain Your Team? Offer Financial Well-being Programs

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Ladder, a life insurance insurtech company, has suggested that companies would give themselves a leg up in recruiting and retention if they promoted a comprehensive financial well-being program for their employees. . Offer healthcare coverage options on day one to give employees confidence that they’re covered. .

Finance 290
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The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

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A survey conducted by ResumeBuilder of full-time workers found that 49% of men negotiated their compensation in the last two years compared to 32% of women. Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities.

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Three Culture-Building Steps To Create A World-Class Company

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When executives prioritize and nurture their company’s culture, they can lead the brand with a purpose that instills confidence in workers, customers, and partners. . You can’t manage what’s not measured, so it’s important to conduct a survey to measure values to get a baseline for the current state of your company.

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The Gender Pay Gap: 3 Steps to Work Toward Workplace Parity

Success

This narrative has been a constant hum over the course of my career, which is odd considering nearly every raise and promotion I’ve ever received has come as a result of my own asking. We explored various aspects of asking for what you deserve—from seeking accommodations for family responsibilities to negotiating a raise or promotion.

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Is Mentorship The Key To Career Advancement For Women?

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To counteract that, employing a mentorship program is crucial, especially for women, to push for equity in promotions and career advancement. . Female mentors can also train and equip younger women with skills that can help them negotiate a raise, ask for a well-deserved promotion, or better benefits. .

Mentoring 264
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Humor in the Workplace: How to Be Funny at Work Without Crossing the Line

Success

Some of the benefits of humor in the workplace include: Increased productivity Better social connection Enhanced team performance and cohesion Decreased burnout More job satisfaction and less complaining Employees taking fewer sick days Humor can even boost chances of getting hired and promoted.