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Software Functionality Revealed in Detail
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 employee retention formula

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

CRM for Financial and Insurance Markets

Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or in the field). The company can then use this data for specific business purposes by taking a customer-centric rather than a product-centric approach. CRM applications are front-end tools designed to facilitate the capture, consolidation, analysis, and enterprise-wide dissemination of data from existing and potential customers. This process occurs throughout the marketing, sales, and service stages, with the objective of better understanding one’s customers and anticipating their interest in an enterprise’s products or services.  

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Documents related to » employee retention formula

The 2007 Microsoft® Office System in Manufacturing


This white paper highlights the key challenges facing the manufacturing industry, and discusses how the 2007 Microsoft® Office system can help maximize employee contributions and enhance business performance with innovative and powerful enterprise capabilities.

employee retention formula  Built in workflows boost employee productivity and simplify everyday business activities by enabling automation and better visibility into common business activities such as document review and approval, issue tracking, and electronic signatures. Enterprise search capabilities increase productivity by helping people find existing content for reuse, and reduce information overload by providing employees, partners, and customers the ability to find relevant content across a wide range of formats and Read More

CRM Success for Fast Growing Companies: What Every Small and Midsized Business Needs to Know


When creating a seamless value chain, it is essential to focus on the customer. However, information, data, and processes are key when planning the complex merger of processes, technologies, and culture. Additionally, a successful value chain recognizes that partners, vendors, suppliers, and employees play a vital role to ensure that customer values are both recognized and realized.

employee retention formula  Consumer Relationship System , Employee Experience Management , Customer Experience , Customer Experience Management , Service System , Relationship Management , Customer Experience Solutions , Services Management , Customer Relationship Management Strategy, What Every Small and Mid-Sized Company Needs to Know> This informative whitepaper discusses the technical challenges and lack of visibility that affect the creation of a successful customer experience through a seamless value chain, and how to Read More

Is SSA GT Betting Infini(um)tely On Acquisitions? Part Three: Complementary Products


At a first glance, one can even notice that the complementary nature of some SSA GT products and Infinium products may indeed provide a ‘kick for a buck’ proposition. Further, it appears that SSA GT understands and listens closely (via Global Guide Groups) to the needs of conservative ERP customers that are unwilling to ditch a good functional product even at a cost of its technological antiquity. Further, it has a track record of strong functional development that preserves the customer’s current investment.

employee retention formula  benefits management and in-depth employee training and career-path tracking features, to workforce management and critical line-manager empowerment. The suite offers the following modules: HR administration, payroll, benefits administration, manager and employee self-service, training administration, and recruiting management. Also, Infinium Corporate Performance Manager ( CPM ), powered by Cognos , ensures effective data utilization, as only the necessary data is used during any transaction or update, Read More

What Makes Incentives and Compensation So Tricky?


Managing incentive compensation presents challenges to almost every large and midsized company, due to the complex nature of the calculations. But along with the ability to perform these calculations, an effective compensation management solution must also provide visibility and transparency.

employee retention formula  in order for an employee to earn an incentive payment). Other methods include sales promotion incentive funds (SPIFs), which is a loose term referring to an on-the-fly addition to the compensation plan used to motivate the sales force in a particular way by providing additional sales credit or payment for certain types of sales. Also standard are overrides (manual replacements of a value that the system has calculated with another value—for instance, when a person from the bench, for whatever reason, Read More

On Demand Compensation Management Partnerships for Spiffed-up Success


Centive's strategy is to form a limited number of strategic partnerships with leading management consulting firms to ensure customers receive the highest levels of service and support. Pertinent alliances made include one offering sales performance incentive funding formulas (SPIFFs).

employee retention formula  of applications, such as employee reward and recognition, sales incentives, and consumer promotions, while helping clients drive consumer and employee behaviors, build loyalty, and increase brand awareness. AEIS''s prepaid cards provide Compel customers with a SPIFF option that is distinctly separate from a standard cash reward. A SPIFF is a small, immediate bonus for a sale, and traditionally, SPIFFS are paid, either by a manufacturer or an employer, directly to a salesperson for selling a specific Read More

From Profit Recovery to Profit Retention


Find out how best-in class-firms strengthen accounts payable (A/P) through intelligent invoice reconciliation.

employee retention formula  Profit Recovery to Profit Retention Find out how best-in class-firms strengthen accounts payable (A/P) through intelligent invoice reconciliation. Read More

Video demonstration of how Microsoft Dynamics CRM can improve customer retention




employee retention formula  demonstration of how Microsoft Dynamics CRM can improve customer retention Read More

Performance Feedback beyond the Annual Appraisal: Feedback via Technology Linked to Positive Employee Attitudes


Effective feedback is critical for employees to improve their work performance, which, in turn, drives business growth. Feedback helps to reduce ambiguity and uncertainty about what goals to pursue, to understand what behaviors are required for success, and to know how others view and evaluate one’s performance.

With workplace communication and collaboration technologies becoming ever more commonplace, and timely face-to-face communication becoming less feasible due to ever-growing virtual teams, performance feedback can now be delivered by a variety of media or technologies such as videoconferencing and social platforms.

The research described in this white paper concerns employees receiving performance feedback via media including e-mail, instant messaging, conference calls, online meeting, content management tools, or social networking communities. It was found that employees who received feedback via more technologies were more engaged, more satisfied with their jobs, felt better recognized, and had higher opinions of their managers. Overall, the results suggest that organizations should take advantage of communication and collaborative technologies in providing effective feedback and motivating employees.

employee retention formula  Technology Linked to Positive Employee Attitudes Effective feedback is critical for employees to improve their work performance, which, in turn, drives business growth. Feedback helps to reduce ambiguity and uncertainty about what goals to pursue, to understand what behaviors are required for success, and to know how others view and evaluate one’s performance. With workplace communication and collaboration technologies becoming ever more commonplace, and timely face-to-face communication becoming less Read More

Are Your Laptops Protected against Careless Employee Use?


The best encryption and security policies will not protect your laptops against careless employee use. Learn about the latest innovations in tracking IT assets off the local area network (LAN), remotely deleting sensitive data, and physically recovering stolen computers.

employee retention formula  Laptops Protected against Careless Employee Use? Endpoint Security: Data Protection for IT, Freedom for Laptop Users If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Absolute Software Corporation (TSX: ABT) is the leader in Computer Theft Recovery, Data Protection and Secure Asset Tracking&8482; solutions. Absolute Software provides individuals and organizations of all types and sizes with solutions to manage regulatory compliance, data Read More

Improving Employee Engagement to Drive Business Performance


Given the significant impact that an engaged workforce has on business performance and the bottom-line, improving employee engagement has become a top priority for leading companies. See how organizations that embrace employee engagement, supported by a single, integrated talent management software platform, are reaping the rewards in terms of improved business performance and ultimately increasing their shareholder value.

employee retention formula  Employee Engagement to Drive Business Performance Given the significant impact that an engaged workforce has on business performance and the bottom-line, improving employee engagement has become a top priority for leading companies. See how organizations that embrace employee engagement, supported by a single, integrated talent management software platform, are reaping the rewards in terms of improved business performance and ultimately increasing their shareholder value. Read More

Fostering Employee Engagement in Your Organization


Fostering employee engagement is critical to creating an effective, innovative workplace. Increased employee engagement has the potential to positively impact your entire organization, and bring about higher accountability to performance across the board. Employee engagement is also a key factor in career development—engaged employees are far more likely to be effective and charismatic leaders. This white paper looks at ways to measure and increase employee engagement, so that your company can reap the benefits of an engaged workforce, including improved productivity, better customer service, increased employee retention, and increased customer retention.

employee retention formula  Employee Engagement in Your Organization Fostering employee engagement is critical to creating an effective, innovative workplace. Increased employee engagement has the potential to positively impact your entire organization, and bring about higher accountability to performance across the board. Employee engagement is also a key factor in career development—engaged employees are far more likely to be effective and charismatic leaders. This white paper looks at ways to measure and increase Read More

ERP or Third Party: Which Is Best for Employee Appraisals?


Your enterprise is looking into performance appraisal software, often called employee performance management (EPM). And your company already uses an enterprise resource planning (ERP) system such as SAP or Oracle. After all, speak to any ERP vendor, and they’ll say they have the perfect fit for you. So isn’t it natural for you to go with the ERP vendor’s add-on module for that purpose? Not necessarily. Find out why.

employee retention formula  Which Is Best for Employee Appraisals? Your enterprise is looking into performance appraisal software, often called employee performance management (EPM). And your company already uses an enterprise resource planning (ERP) system such as SAP or Oracle. After all, speak to any ERP vendor, and they’ll say they have the perfect fit for you. So isn’t it natural for you to go with the ERP vendor’s add-on module for that purpose? Not necessarily. Find out why. Read More

Knowledge Management: The ROI of Employee Brain Trusts-New Strategies for Reversing the Recent Trend


Implementing technology without the proper people and processes in place only means bad service is delivered faster. Indeed, the employee brain trust is critical to succeeding in today’s knowledge economy and customer-centric environment. Yet according to numerous industry analysts, a staggering 55 to 70 percent of customer relationship management (CRM) and contact center projects fail to meet their objectives. Why?

employee retention formula  Management: The ROI of Employee Brain Trusts-New Strategies for Reversing the Recent Trend Implementing technology without the proper people and processes in place only means bad service is delivered faster. Indeed, the employee brain trust is critical to succeeding in today’s knowledge economy and customer-centric environment. Yet according to numerous industry analysts, a staggering 55 to 70 percent of customer relationship management (CRM) and contact center projects fail to meet their objectives. Read More

Improve Employee Engagement Through Live Video


While it’s not surprising that some employees fall into the “disengaged” category, what is surprising is the size of that number. The recent Gallup survey “State of the American Workplace” found that 70 percent of American workers are either not engaged or are actively disengaged.

The results are observed directly in the bottom line, with the price tag for disengaged employees accounting for $450 billion to $550 billion in annual losses in productivity. With so much at stake, how can businesses encourage higher levels of engagement within the organization? Improving communication and engagement through live video is one solution.

employee retention formula  Employee Engagement Through Live Video While it’s not surprising that some employees fall into the “disengaged” category, what is surprising is the size of that number. The recent Gallup survey “State of the American Workplace” found that 70 percent of American workers are either not engaged or are actively disengaged. The results are observed directly in the bottom line, with the price tag for disengaged employees accounting for $450 billion to $550 billion in annual losses in Read More

Kronos to Leverage Gamification for Workforce Engagement


Kronos announces a new feature to its Workforce Central suite to engage and motivate employees and teams through positive reinforcement for good job performance and effective timekeeping.

employee retention formula  to reward and recognize employees, managers, and teams for performing well on the job and adhering to an organization’s time and attendance (T&A) policies and procedures. Kronos leaderboards will be available in December 2014 as a complimentary feature that can be activated in the Workforce Central 7 platform with no additional licensing fee.     By leveraging concepts of game design and thinking into the world of workforce management (WFM), companies can apply recommended T&A challenges that award Read More