Visier

JULY 16, 2015

So, how can you ensure a vendor’s claim to predict employee retention risks is valid? Since the peak of the recession in 2009, the number of unemployed persons per job opening in the US has steadily declined, and is now back at pre-recession levels. As usual, he (and Holger) are right. What should you look for?

Analytics 150

Analytics Visier Retention and Turnover Hiring Software 150

WorkHuman

JANUARY 26, 2017

Retention and employee experience are two sides of the same coin. My story is not unique, which is why retention remains a serious issue for HR and business leaders. The first finding is: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment.

Talent Experience 70

Talent Experience 10KC Globoforce Retention and Turnover 70

CultureAmp

SEPTEMBER 23, 2016

1] For these reasons and more, employee turnover can present a serious obstacle to an organization’s success. Thankfully, there are actions you can take that have been proven to improve retention. Low engagement, higher costly turnover When a valued person leaves your organization the departure can come with a variety of costs.

Retention and Turnover 46

Retention and Turnover Employee Engagement Analysis HR Software 46

Great Place to Work

FEBRUARY 8, 2023

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. That turnover can be incredibly expensive. They saw an increase of 14.4%.

Retention and Turnover 101

Retention and Turnover 10KC Talent Experience Report 101

CultureAmp

SEPTEMBER 23, 2016

1] For these reasons and more, employee turnover can present a serious obstacle to an organization’s success. Thankfully, there are actions you can take that have been proven to improve retention. Low engagement, higher costly turnover When a valued person leaves your organization the departure can come with a variety of costs.

Retention and Turnover 40

Retention and Turnover Employee Engagement Analysis HR Software 40

Careerminds

FEBRUARY 19, 2025

Employee turnover: Acquisitions may lead to layoffs, job redundancies, talent poaching , and uncertainty among employees, affecting morale and retention. The merger ultimately failed, and AOL and Time Warner split in 2009, proving that even high-profile deals can struggle without strategic cohesion.

HR Software 52

HR Software Outplacement Assessment Software Retention and Turnover 52

Achievers

JULY 11, 2012

According to recent survey results from management consulting firm, The Hay Group, the percentage of employees who want to leave their jobs has jumped 8% since 2009, and many employees don’t believe their employers will be able to retain top talent. Here is a sample of key findings from the survey of over 1,696,000 U.S.

Survey 92

Survey Groups Trends Productivity 92

Astron Solutions

APRIL 3, 2018

Back in 2009, an Aberdeen Group survey reported that 86% of senior executives and HR professionals believe that a new hire’s decision to stay with an organization long-term is made within the first six months of employment. Is the process of onboarding really that critical to retention? Also of note is that.

Onboarding Software 45

Onboarding Software Onboarding Assessment Software HR Software 45

AIHR

NOVEMBER 23, 2022

Training) Revenue generated – costs of program) / costs of program Source: Fitzenz 2009. Now businesses can be better prepared to make data-informed decisions when hiring, creating employee training, and impacting retention. Improved retention rates: Retaining your employees is essential to the growth of your organization.

Analytics 131

Analytics HR Software Hiring Software Retention and Turnover 131

Empuls

SEPTEMBER 9, 2024

Without the right tools, efforts to motivate employees may fall flat, resulting in disengagement and turnover.  which contributed to a 26% increase in retention rates over four years.    Examples of employee motivation tools range from simple feedback platforms to sophisticated engagement software.

Assessment Software 40

Assessment Software HR Software Interview Software Tools 40

Compensation Today

MAY 29, 2015

Tessara Smith, PayScale For the third year in a row, PayScale’s 2015 Compensation Best Practices Report (CBPR), discovered that employee retention was a top concern among the majority of employers. When asked, “How much of a concern is employee retention in 2015?” In fact, concern surrounding this topic is up 125% since 2009.

Retention and Turnover 40

Retention and Turnover Payscale Compensation Report 40

Compensation Today

MAY 29, 2015

Tessara Smith For the third year in a row, PayScale’s 2015 Compensation Best Practices Report (CBPR), discovered that employee retention was a top concern among the majority of employers. When asked, “How much of a concern is employee retention in 2015?” 57 percent of employers answered retention was a “top” or “high” concern.

Retention and Turnover 40

Retention and Turnover Compensation Report Compliance Training 40

ATD Human Capital

MAY 17, 2017

A dramatic shift in the job market has led many companies to turn to feedback to improve employee retention rates. Employee turnover can result in major costs for your company, and significantly affect company morale. Unlike in the past, employees are feeling less tied to company loyalty and freer to take on new opportunities.

Hiring Software 121

Hiring Software Retention and Turnover Recruiting Software Planning Tools 121

Bonfyre

APRIL 10, 2018

When the Great Recession hit in 2009, retail, like many other industries, suffered heavy losses. Retail turnover is breaking records–bad ones. Retention is a commonly accepted signifier of employee engagement , but in retail a high turnover rate is expected. However, retail turnover has been trending upwards as of late.

Employee Engagement 84

Employee Engagement Retention and Turnover Compliance Training Study 84

Oracle HCM - Modern HR in the Cloud

APRIL 26, 2016

According to the Bureau of Labor Statistics , the number of unemployed persons per job opening has dropped from almost seven in 2009 to less than two in January 2016. With this tighter job market, retaining employees—especially those who are highly valued—is more important than ever. Predicting the Future.

HR Software 40

HR Software Hiring Software Recruiting Software Onboarding Software 40

HRExecutive

JANUARY 27, 2020

A firm believer in building a strong team, Buckingham brought Chief Diversity Officer Allison Green onboard in 2009 to help implement the changes she believed would not only engage Lincoln’s workforce to help the company emerge from the financial crisis, but become a destination employer for the best and brightest in the financial-services industry.

Assessment Software 109

Assessment Software Hiring Software HR Software Onboarding Software 109

AIHR

JULY 7, 2023

Before they talk to the manager, they look at the data from turnover to learning and development rates to see where the manager needs help. It’s an adaption of a paper by Andrew Lambert (2009) , co-founder of the Corporate Research Forum. Their work can directly impact retention rates.

HR Planning 130

HR Planning HR Software Retention and Turnover Hiring Software 130

TalentCulture

JULY 8, 2016

A dramatic shift in the job market has led many companies to turn to feedback to improve employee retention rates. Employee turnover can result in major costs for your company, and significantly impact company morale. To some, giving candid feedback more often may seem counter-productive, but a 2009 Gallup Inc.

Hiring Software 75

Hiring Software Retention and Turnover Recruiting Software Assessment Software 75

Compensation Cafe

DECEMBER 15, 2017

Editor's Note: Given today's labor market dynamics, Derek Irvine's Classic post on compensation and retention is a important as ever. Retention isn’t a common theme on Compensation Café , but the association between retention and compensation goes far beyond “paying people enough money to get them to stay.”

Retention and Turnover 40

Retention and Turnover Wage and Hour Training Compensation Employee Recognition 40

Zenefits

SEPTEMBER 10, 2022

The 2007-2009 Great Recession is fresh in the public consciousness as another potential economic downturn looms over the market. In the economic crisis and recession of 2009, 55% of HR leaders expanded their layoffs, and 41% started downsizing. But this isn’t 2009. Retain top employees and reduce worker turnover.

HR Software 41

HR Software Hiring Software Strategy Retention and Turnover 41

Bonusly

OCTOBER 4, 2017

Start by taking a step back and objectively analyzing the causes of voluntary turnover. This isn't to say that an employee's access to health care isn't important — it's just not the strongest driving factor in retention of top performers. Retaining good employees is crucial to the success of any team. Why is that?

Hiring Software 96

Hiring Software Planning Tools Employer Branding Bonuses and Incentives 96

Hppy

JULY 28, 2016

25-65% less turnover. The gamification of learning platforms can improve retention and results. In 2009, telecommunications company Telus had an engagement score of 54%. Due to initiatives like these, their engagement score rose from 54% in 2009 to 87% in 2015. 147% better performance compared to others. Customer Support.

Onboarding Software 70

Onboarding Software HR Software Interview Software Planning Tools 70

LaborSoft

JUNE 20, 2023

an hour, and this rate has not changed since 2009, when it was raised by 70 cents from the prior minimum wage of $6.55 The pros and cons of raising the minimum wage range from greater labor stability and reduced turnover to soaring inflation, increased labor costs, and inflated operating expenses. The current U.S.

Employee Relations 52

Employee Relations Retention and Turnover How To HR Software 52

CCI Consulting

AUGUST 21, 2023

First, some facts about employee turnover: The 2021 quit rate is consistent with other post-recession data (i.e., a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). The average quit rate increased each year from 2009 – 2019.  So, how is history repeating itself? more retirements than normal. 

HR Planning 52

HR Planning Workforce Planning Planning Tools HR Software 52

Empuls

MAY 29, 2024

in 2005 and a turnover rate of 11.4%.      The above-mentioned case study testifies how well recognition plays a role in employee retention and helps scale employee productivity.   Is it to improve retention, celebrate achievements, or foster a more positive work environment? in 2004 to 90.3%

Employee Recognition 52

Employee Recognition Assessment Software Recruiting Software Planning Tools 52

Flimp Communications

NOVEMBER 25, 2019

If your goal is to slow or stop your cycle of turnover, understanding is the first step. Many were earning their college degrees in 2008 and 2009 when the recession first struck. They’re seen as more likely to freelance or hop from job to job to find roles and workspaces that appeal to them.

HR Software 72

HR Software ATS Hiring Software Recruiting Software 72

Cielo HR Leader

NOVEMBER 7, 2014

In light of health reform, newfound access to care, a rise in voluntary turnover (in turn, intensifying competition for top nursing talent) and an aging nursing population, the often hinted at “critical nursing shortage” is a harsh reality for many healthcare organizations – both in the U.S. Voluntary turnover among nurses is on the rise.

Retention and Turnover 40

Retention and Turnover Assessment Software Recruiting Software Retirement 40

Ceridian

MAY 10, 2016

So I know a thing or two about the importance of employee retention and now more than ever I understand Talent Acquisition’s role in helping companies keep their people long term. . Retention is not the People department’s job. I don’t think Talent Acquisition’s role in retention is talked about enough. I like that.

Talent Acquisition 40

Talent Acquisition Ceridian Hiring Software Recruiting Software 40

Zenefits

MARCH 22, 2022

Every HR professional knows that the employee experience is critical to productivity, retention , and company objectives. The problem is that companies have had a hard time keeping the employee retention rate up, even before the pandemic. million workers have quit their job every month, more than double the rate of turnover in 2009.

Retention and Turnover 36

Retention and Turnover Hiring Software Company Onboarding Software 36

Semos Cloud

JULY 14, 2022

A Watson Wyatt (2008-2009) study found that strategies that engage employees include communication from managers, leadership communication, and a focus on internal communications. Companies need their employees to trust them as a lack of trust is related to poor retention rates. Benefit 2: Increased employee engagement.

HR Software 98

HR Software Company Software 10KC 98

EngagementMultiplier

FEBRUARY 3, 2022

New analyses from Deutsche Bank says that British workers are resigning from their jobs at the highest rate seen since 2009, while at the same time, the number of open vacancies has also reached the largest level on record, bearing out earlier findings that a stunning 76.4% Why employees stay in jobs. Meaningful work and making a difference.

Retention and Turnover 52

Retention and Turnover Compliance Training Trends Survey 52

Zenefits

NOVEMBER 23, 2021

Acquisition and retention costs. Reduced turnover is a direct result of high morale. On average (pre COVID-19 pandemic), employers lost almost 18% of staff to turnover every year. In July of 2021, the Bureau of Labor Statistics reported voluntary turnover at 25%. Hiring talent is an expensive necessity.

Wage and Hour Training 41

Wage and Hour Training Retention and Turnover Payroll 10KC 41

Astron Solutions

JULY 7, 2020

Job training affords a more focused learning experience and reduces employee turnover. There was a significant drop in overall training expenses during 2009 and 2010 after the 2008 Great Recession. As a result, job training is a cost-effective tool for an organization. Let’s briefly consider each. Protect learning budgets.

Compliance Training 59

Compliance Training Training Planning Tools Examples 59

Interact-Intranet

DECEMBER 2, 2016

More explicitly still, MacLeod and Clarke (2009) identify the core element of engagement as the relationship; “it is when the business values the employee and the employee values the business.”. Measurement of engagement within the NHS is undertaken through the annual NHS Staff Survey, which introduced the element in 2009.

Employee Engagement 53

Employee Engagement Assessment Software HR Software Recruiting Software 53

Strategic HCM

DECEMBER 4, 2012

The high first year turnover experienced in many, many organisations isn’t usually down to poor selection, it’s about everything else that’s going on instead. Perhaps less intuitively, iCIMS are also seeing positive impacts on their client’s engagement scores and retention rates as well. ► 2009.

Hiring Software 65

Hiring Software HR Software iCIMS Onboarding Software 65

Engagedly

SEPTEMBER 12, 2022

Can the tech-enabled talent management systems really turn around the current stride of talent shortage and retention? Per HBR’s report, the average monthly employee attrition rate from 2009 -2019 increased every year significantly, showing that HR policies and practices have been ineffective at containing voluntary employee quits. .

Hiring Software 52

Hiring Software Talent Management Onboarding Software Planning Tools 52

HR Management

JULY 9, 2018

Research has shown that these techniques lead to higher job satisfaction, better job performance, greater commitment to the organization, and reduced turnover. Companies who implement an effective onboarding program during the first three months of new-hire employment experience 31 percent less turnover than those who don’t” Aberdeen Group.

Hiring Software 40

Hiring Software Onboarding Software Assessment Software HR Software 40