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Why employee retention is important?

2X Salary
It costs nearly 2x of the annual salary when top talent decides to leave your company.
85%
Of employees are looking for new opportunities actively because of boredom and disengagement.
$550B
is lost due to disengaged employees every year as per Gallup.

Prevent attrition through continuous engagement

EngageWith helps teams and people managers recognize and reward employees effortlessly

make recognitions meaningful and consistent

Instant rewards and recognitions right where work happens

Celebrate wins big or small across teams with instant recognitions right inside Slack and Teams. Never, ever miss out on appreciating your peers. Boost retention by removing disengagement from your company thesaurus.
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Use EngageWith to appreciate your peers
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Easy employee recognition
Successful Team Manager

Quick Pulse, Instant feedback

Run a quick, contextual pulse to know what your employees feel about your company right inside Slack and MS Teams. To build trust and transparency, use EngageWiths’ anonymous feedback, which makes employees happy, loyal, and engaged.
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Set up a Pulse within 5 mins now
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check in regularly with pulse survey

Customized awards for ICs and Managers

Build your rewards and recognition with EngageWith. Customize and build your awards to appreciate your peers, managers.

Set up your custom award now
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Check-in with Pulse Survey
Easy track of employee performance

Boost employee retention by 50% with an eNPS survey

eNPS pulse helps people leaders listen to their employees with intent, analyze and uncover issues faced through data—all of this with a 5 min eNPS pulse using EngageWith.

Reduce attrition through
continuous engagement

make recognitions meaningful and consistent

Instant rewards and recognitions right where work happens

Celebrate wins, big or small - across teams with instant recognitions. Never, ever miss out on appreciating your peers. Say goodbye to disengaged workspace.

Use EngageWith to appreciate your peers
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Reward and recognize your employees right inside Slack & MS Teams.
Send a quick Pulse to gather feedback from your employees right inside Slack & MS Teams.

Quick Pulse, Instant feedback

Send a quick, contextual pulse for your people to respond. Know what they feel about your company, identify areas of focus, and address them then and there.

Set up a Pulse within 5 mins
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make recognitions meaningful and consistent

Customized Rewards and Recognition Programs

Use Custom Rewards and go the extra mile to recognize your teammates efforts. Make recognitions worthwhile through redemptions

Build your own rewards and recognition programs with EngageWith.
Predict your company's eNPS with EngageWith to improve your employee experience.

Predict attrition in advance with an eNPS survey

eNPS survey helps people leaders listen to their employees with intent and uncover issues faced through data - all in less than 5 min.

What our customers are saying

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EngageWith has transformed the way we reward and recognize people inside my company. It has helped us connect better as a team and celebrate wins together. Overall: Ease of use - 9/10, customer support - 10/10, and impact on our team engagement - immeasurable.

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Nikhil Kumar

Co-Founder, SETU

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When an employee says - ‘Hey, I got this coffee mug using my EngageWith points’ - it certainly creates a ripple effect by motivating others to give their best. This not only gets the best out of people, but also builds a great culture of recognition in the process.

Himanshi Khandelwal

Himanshi Khandelwal

Head of People,
CodeMyMobile

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EngageWith is our one-stop solution to build the culture we always dreamt of at Cowrywise. And most importantly, it creates an instant impact - something no other app was able to achieve.

Cow

Razaq Ahmed

CEO, COWRYWISE

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EngageWith is a smack of all-things people inside Outplay. A must-have app for companies trying to build their DREAM culture.

Bhavya Arora

Bhavya Arora

People and Culture,
Outplay

Employee Retention - FAQ

What is the best way to measure employee retention?

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The best way to measure employee retention is by tracking metrics such as turnover rate, time-to-fill, retention rate, employee satisfaction surveys, and exit interview data analysis.

What is a good employee retention ratio?

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A employee retention ratio will varies by industries and company size. In general, a employee retention rate of 85-90% is considered healthy and strong. Lower rates may indicate a problem, while higher rates may suggest a lack of diversity. It is important to compare a company's retention rate to others in their industry and regularly assess and improve retention strategies.

How do you calculate employee retention rate?

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In general retention rated are calculated on an annual basis. To calculate the employee retention rate, use the following formula:

Retention rate = (Number of employees at the end of a period - Number of new hires during that period) / Number of employees at the beginning of the period

Should retention rate and turnover rate equal 100?

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No, the retention rate and turnover rate do not equal 100. The retention rate measures the percentage of employees who remain with a company over a given period of time, while the turnover rate measures the percentage of employees who leave the company within a certain period.

How can a company improve employee retention?

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Improving employee retention involves decreasing the rate of employee turnover and maintaining the accomplishment of business objectives that drive success. Here are few ways company improve employee retention:

1. Offer competitive salaries and benefits
2. Foster a positive company culture
3. Provide opportunities for growth and development
4. Encourage open and effective communication
5. Recognize and reward employee contributions

Resources for Employee Retention

Employee-Retention-Statistics-You-Need-to-Know
30 Key Employee Retention Statistics For 2023
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Learn more
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Top-Employee-Retention-Strategies-to-Retain-Talent
Top 17 Successful Employee Retention Strategies For 2023‍
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Learn more
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Proven-Strategies-to-Reduce-Employee-Turnover
5 Proven Recruitment Strategies to Reduce Employee Turnover
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Learn more
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Boost Retention with EngageWith right where you work.

Improve employee experience. Boost retention.

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