8 Effective Employee Retention Strategies

Hiring top talent is only the start to creating an outstanding workforce. The next step — and just as vital — is keeping them around. Let’s dive into employee retention: your company’s ability to maintain a work environment that supports staff in remaining with you.

Employee turnover is often a symptom of deeper unresolved issues, such as low employee morale, unclear career development options, lack of recognition, or poor employee-manager relationships. In addition to lost productivity, employee exits also hurt your bottom line.

One analysis found that businesses spend about one-fifth of an employee’s annual salary to replace that worker. Costs come in the form of recruiting and training, as well as institutional knowledge.

Ready for new ways to keep strong employees with your company? Below we’ll explore specific strategies for creating a better work culture in which your people want to stay and grow.

Strategies for employee retention

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Bitcoin Price Prediction: BTC/USD Rallies to $11,800 High, Eyes the $12,148.50 High

Bitcoin (BTC) Price Prediction – October 19, 2020

BTC/USD  price rallied above $11,500 resistance to reach $11,800 high. The king coin reaches striking distance below the $12,000 overhead resistance. The coin intends to make brief consolidation before resuming the upside momentum

Resistance Levels: $10,000, $11,000, $12,000
Support Levels: $7,000, $6,000, $5,000

BTC/USD – Daily Chart

 Since October 13, Buyers have been making concerted efforts to break the resistance at $11,500. On the 1-hour chart, the $11,500 resistance was tested on five occasions. The several retests contributed to weakening the resistance. This makes the breakout to be powerful. The recent rally was interrupted at the $11,800 high. The bulls could not break the recent resistance as the price was compelled to a sideways move below $11,800.

This is an advantage to the bulls as a strong bounce below the $11,800 will break the resistance and retest the $12,000 overhead resistance. … Read more

Why Transparency Is the Hallmark of a Great Leader

There are many ways to run a successful company, but some practices are almost guaranteed to help you along the way. One of those, according to three founders of fast-growing companies, is transparency. 

Carey Smith, the founder of Big Ass Fans and Unorthodox Ventures; Diana Lee, the co-founder and CEO of Constellation Agency; and Nicole Sahin, the founder and CEO of Globalization Partners, agreed that transparency is an essential leadership trait, especially in difficult times. They spoke about the state of business today at a virtual town hall Monday moderated by Inc. editor-in-chief Scott Omelianuk. The discussion was part of the 2020 Inc. 5000 Vision Conference, a weeklong virtual event celebrating entrepreneurship and this year’s Inc. 5000 list of America’s fastest-growing private companies.

The panelists offered advice to business leaders who are seeking to soften the impact of the Covid-19 pandemic on both their companies’ bottom lines

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Why a Career in the Construction Industry Provides Job Security

It is no secret that we are living in uncertain times. Technology is advancing so rapidly that certain occupational fields may even become obsolete far before anyone ever envisioned. This means that you will want to look for a career that provides you with a good feeling of job security. You want something that adapts to the changing times and continues to expand even in the midst of economic uncertainty. Throughout the modern era, the construction industry has been such a field that provides job security no matter what society seems to throw at it.

People are Always on the Move

Throughout history, people have always been moving from one place to another. This is especially true in recent decades with the expansion of major cities around the world. Whenever people move, there is a renewed demand for new building projects. This is an area that technology will not eliminate … Read more

Litecoin Price Prediction: LTC/USD Resumes the Recovery as Bulls target $50 Resistance Level

LTC Price Prediction – October 18

Since a few days ago, Litecoin (LTC) has been experiencing a downtrend within the channel.

LTC/USD Market

Key Levels:

Resistance levels: $51, $53, $55

Support levels: $44, $42, $40

LTCUSD – Daily Chart

LTC/USD is gaining around 1.09% in the recent 24 hours to trade at $47.44 at the time of writing. The coin has been one of the best-performing coins out of top-10 today as the upside momentum has been gaining traction since the early hours of today. However, LTC/USD dipped to the psychological $45.64 a couple of days ago before the recovery resumed today.

What to Expect from Litecoin (LTC)

The market price is currently displaying a sign of subduing volatility, ready to cross above the 9-day and 21-day moving averages. Meanwhile, taking a look at the daily chart, we can see that the trading volume is coming up slowly while the … Read more