Remove 2006 Remove Recruiting metrics Remove Retention and Turnover
article thumbnail

Kevin Hart’s restaurant chain becomes the latest employer to offer a student loan benefit

HR Brew

While Hart House is not contributing money directly to its employees’ debt, it is covering the cost of this financial coaching. trillion as of Q4 2023, according to the Federal Reserve , a far cry from the $480 billion owed in 2006 when the Fed first started calculating the figure. Student loan debt in the US sits at $1.7

article thumbnail

Evaluating Your Employer Brand

Cielo HR Leader

In fact, 83% of nearly 4,000 corporate HR leaders across the globe believe employer brand has a significant impact on their ability to hire quality talent. . This has changed drastically, as (noted in the intro) 83% of corporate HR leaders today believe strong employer brand is vital to hiring the best talent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Kevin Hart’s restaurant chain becomes the latest employer to offer a student loan benefit

HR Brew

While Hart House is not contributing money directly to its employees’ debt, it is covering the cost of this financial coaching. trillion as of Q4 2023, according to the Federal Reserve , a far cry from the $480 billion owed in 2006 when the Fed first started calculating the figure. Student loan debt in the US sits at $1.7

article thumbnail

How HR Can Tackle Diversity Using the Rooney Rule

Visier

In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule. The need to hire diversely goes beyond dollars and cents, too. What is the Rooney Rule?

Diversity 150
article thumbnail

Predicting Employee Turnover using R

Analytics in HR

Employee turnover is a major challenge for companies today, especially when the labor market is competitive and certain skills are in high demand. Finding replacements can take months of time and effort on the part of hiring managers and recruiting staff, who are then forced to take time away from the work they could be doing.

article thumbnail

Key Steps to Improving Employee Retention

Energage

Why Employee Retention and Hiring Plans Matter Now More Than Ever, Part II. Turnover is costly, from lost productivity to recruitment and onboarding. Research shows the cost to replace senior leaders is 1.5 Research shows the cost to replace senior leaders is 1.5 Employee engagement is the key to retention.

article thumbnail

5 Ways Workplace Culture Drives Business Profitability

Great Place to Work

In 2023, recession fears have more companies looking to cut costs. Great workplaces have higher retention rates. Companies that make the Fortune 100 Best Companies to Work For® list — the flagship recognition list produced by Great Place To Work® each year — experience half the turnover of their peers. economy $500 billion.