HR Morning

JULY 8, 2016

New findings from the 2016 Emerging Workforce Study (EWS), commissioned by Spherion Staffing , indicate that more employees believe they have leverage to demand higher salaries and better benefits from their employers – or they’ll move on to an organization that will give them those things. Difference of opinion.

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Study Staffing Compensation Trends 61

Achievers

JUNE 29, 2017

What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What Is a Retention Specialist Exactly?

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Retention and Turnover Hiring Software Recruiting Software HR Planning 112

15Five

DECEMBER 29, 2016

These 16 phenomenal blogs, influencer interviews, and other media from 2016 offer an opportunity to reflect on many of the important transformations that the business world has experienced this year. 1) Seven Fascinating Employee Engagement Trends for 2016. – Decouple compensation conversations from performance conversations.

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Interview Software Planning Tools Hiring Software HR Software 0

Visier

SEPTEMBER 30, 2016

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. However, knowing your turnover rate does little to support strategic business plans.

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Analytics HR Software Retention and Turnover Hiring Software 150

HR Bartender

JUNE 18, 2017

Over inflated compensation and benefits. Less turnover. I’m not advocating for high turnover. But some turnover is good for business. And we all know turnover is costly. Image captured by Sharlyn Lauby after speaking at the 2016 MBTI Users Conference in San Francisco, CA. being at “ full employment ”.

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Onboarding Compliance Training Recruitment Talent Experience 288

Visier

DECEMBER 14, 2017

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? How To Reduce Employee Turnover with HR Analytics.

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Analytics HR Software Retention and Turnover Hiring Software 150

Reflektive

DECEMBER 12, 2017

Sure, there’s a certain amount of turnover that’s to be expected, but how can you know if the turnover in your organization is normal — or indicative of a larger problem? Using data from Compensation Force and CompData , we created a simple bar chart outlining the average voluntary and total turnover rates in major industries in 2016.

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Retention and Turnover Hiring Software Onboarding Software Interview Software 124

Ceridian

APRIL 6, 2016

If you work in the human capital management industry today, you’re probably feeling a constant sense of pressure to maintain strong employee retention and productivity at your office. ” The reality is that money matters, but there’s a lot more that’s important besides compensation.

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Human Capital Management Retention and Turnover Staffing Software HR Software 40

Paycor

NOVEMBER 13, 2020

By contrast, the number of working age adults between 18 and 64 is only expected to increase by 14 percent between 2016 and 2060.This Paycor HR and Analytics give you the insights needed to monitor employee engagement and boost retention. It can also help you track turnover by department and manager. trillion by 2030.

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Staffing Software Hiring Software HR Software AI Recruiting 52

Zenefits

MARCH 9, 2021

But with a 100% growth rate from 2016 to 2020 — doubling in size — the legal cannabis industry shows no sign of slowing down. Businesses of all sizes in the industry need well-resourced HR leaders to staff, support, coach, and train their workforces to support the needs of the business, all while remaining compliant and keeping turnover low.

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HR Software Hiring Software Staffing Software HR Planning 62

HR Morning

AUGUST 24, 2016

And employees list financial compensation, benefits, and growth and earnings potential as the top factors influencing their potential retention. The survey was conducted between April and July 2016, and includes responses from 967 companies representing a cross section of industries. But pay raises for U.S.

Bonuses and Incentives 40

Bonuses and Incentives Survey Staffing Compensation 40

Compensation Today

FEBRUARY 13, 2017

Last week, I talked about whether learning and development is more important to employee retention than pay. In PayScale’s 2016 Compensation Best Practices Report , 47 percent of top-performing companies provided a total rewards statement. Retention spend should be a last resort — and reserved for top talent.

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Retention and Turnover Compensation Compliance Training Report 85

Best Money Moves

OCTOBER 30, 2018

If you want to know how to improve employee retention, you need to know why employees quit and Work Institute’s exit interview gives you a great place to start. Employee turnover is anticipated to hit record highs and cost U.S. Roughly 30 percent of employees will leave their jobs in 2018 to work somewhere else.

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Retention and Turnover Compensation Career Development Onboarding 68

Astron Solutions

MARCH 11, 2019

Strategic employee compensation is an essential ingredient of success for any organization. Both how we compensate staff members for their hard work and express gratitude for that hard work are crucially important for two core reasons: Compensation strategies set the tone for employee/employer relationships.

Compensation 64

Compensation Retention and Turnover Hiring Software Bonuses and Incentives 64

Visier

JULY 14, 2016

90% of technology CEOs are confident about their revenue growth in 2016 , according to PWC’s 19th Annual Global CEO Survey. There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning.

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Hiring Software HR Software Recruiting Software Planning Tools 150

Achievers

NOVEMBER 1, 2017

Generally speaking, organizations that invest in comprehensive development programs can expect to see a higher number of sales, as well as improvements to customer retention resulting from superior service. Impact on Employee Retention. For these reasons, neglecting employee development has a detrimental impact on your ROI.

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Retention and Turnover Compliance Training Talent Management Coaching 107

WorkHuman

JANUARY 26, 2017

Retention and employee experience are two sides of the same coin. The day before I was going to give my notice, my manager started a discussion about compensation. My story is not unique, which is why retention remains a serious issue for HR and business leaders. In September 2016, the ratio was 1.4. RELATED POSTS.

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Talent Experience Globoforce Retention and Turnover Survey 70

Visier

NOVEMBER 12, 2015

Many companies are already setting lofty goals as a result of the call to action: For 2016, Pinterest aims to fill 30% of full-time engineering roles with women and 8% with people of underrepresented ethnic backgrounds. Xerox is aiming for 34% of the executive leadership team to be female within the next five years.

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Diversity Hiring Software HR Software Recruiting Software 150

Reflektive

JUNE 28, 2018

Frehse pointed to a 2016 survey of CFOs in which 63% of respondents said that measuring employee engagement is not a priority for their companies. And a company’s engagement strategies have a major impact on financials, as they affect turnover, retention, and absenteeism rates, as well as the ability to recruit top talent.

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Performance Management CHRO HR Software Recruiting Software 133

Vantage Circle

JANUARY 28, 2019

Employee retention refers to the ability of an organization to retain its employees. High turnover not only affects an organization’s bottom line but also is a costly process. Even with good compensation and benefits, employees quit. Here in this blog, I am going to talk about the top 8 employee retention factors.

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Retention and Turnover Compensation Compliance Training Onboarding 53

Compensation Today

AUGUST 8, 2017

With so many compensation data sources available to employees, they are increasingly coming to meetings and interviews equipped with data, expecting to have very open conversations about pay. Before pulling the doors off, consider your organizational culture and compensation plans. Learn More About Our Compensation Software.

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Planning Tools Compensation Payscale Assessment Software 90

Linkedin Talent Blog

JUNE 17, 2019

With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional knowledge and protecting morale. Last year, job attrition in the U.S.

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Data Retention and Turnover Planning Tools AI Recruiting 55

Payactiv

MAY 4, 2016

By Sabina Bhatia , on May 4, 2016 --> Financial stress is a growing problem in the workforce today. High Costs of Turnover The costs of turnover are quantifiable and significant. For a mid-sized company of 1,000 employees, with a 10% annual rate of turnover, the annual cost of turnover would be $7.7

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Productivity Retention and Turnover PayActiv Workable 52

HSD Metrics

MAY 17, 2018

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share.

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Retention and Turnover Metrics Benchmarking Interview Software 40

HSD Metrics

MAY 17, 2018

Data-driven Insights for Employee Retention. ExitRight ® recently updated its ExitRight norms based upon responses to benchmarked questions from all clients during 2016 and 2017. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share.

Retention and Turnover 40

Retention and Turnover Metrics Benchmarking Interview Software 40

Vantage Circle

JANUARY 28, 2019

Employee retention refers to the ability of an organization to retain its employees. High turnover not only affects an organization’s bottom line but also is a costly process. Even with good compensation and benefits, employees quit. Here in this blog, I am going to talk about the top 8 employee retention factors.

Retention and Turnover 45

Retention and Turnover Compensation Compliance Training Onboarding 45

Unicorn HRO

JANUARY 26, 2016

In 2016, we will continue to see the fast paced evolution of existing HR technologies as more and more organizations incorporate these into their daily work practice. Here are just a few of the trends we can expect to see in 2016. These software solutions proactively encourage an open discussion between the manager and employee.

Recruiting Software 40

Recruiting Software Planning Tools HR Software Assessment Software 40

PeopleStrategy

MAY 24, 2018

While it may not be feasible for every company to offer monetary coverage for employees while they deal with the rigors of welcoming a new life into the world, now is a good time to revisit your current policy to determine if the long-term benefits of increased job satisfaction, employee engagement and retention would offset the costs.

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Policies Retention and Turnover Recruiting Software Planning Tools 100

Effortless HR

AUGUST 12, 2019

According to the Society for Human Resource Management, the average company experiences turnover at an annual rate of 19%, which can cost each company 20-40% of an employee’s salary in pursuit and training of their replacement. Here are 5 tools that successful, elite, retention-focused companies put into play: Hiring Wisely.

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Hiring Software Recruiting Software Video Recruiting HR Software 47

Rise

NOVEMBER 24, 2020

47% of HR leaders cite employee retention and turnover as their top workforce management challenge, followed by recruitment and corporate culture management. Demand for recruiting professionals has jumped by 63% since 2016, and we expect that trend to continue. HR Statistics. Allegis Group ). SilkRoad ). Work Institute ).

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HR Planning HR Software Hiring Software Onboarding Software 98

HRExecutive

DECEMBER 28, 2015

Below are two trends I’ve excerpted from a new White Paper I co-authored entitled “ HR Technology Trends to Watch in 2016.” Personalized Engagement and Retention Plans. The paper contains nine such trends that are poised to pick up considerable steam. Technology-Enabled Talent-Management Science.

HR Software 48

HR Software Trends Planning Tools Compliance Training 48

Analytics in HR

OCTOBER 11, 2024

You could highlight your experience in those areas by including a line like: “Led initiatives that improved employee engagement by 15% and utilized data analytics to optimize retention strategies.” In my previous role, I conceived and executed a new onboarding process that reduced our new hire turnover rate by 5%.

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HR Planning HR Software Examples Hiring Software 98

Empuls

SEPTEMBER 20, 2024

By offering well-structured rewards—whether monetary bonuses, recognition programs, or flexible work arrangements—companies can foster a positive work environment that drives employee satisfaction and retention. Such compensation is crucial for both attracting top talent and retaining current employees.

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Bonuses and Incentives Planning Tools Retention and Turnover Wage and Hour Training 52

WorkHuman

DECEMBER 8, 2016

‘Tis the season for holiday parties, gift swaps, and … budgets, if you’re in compensation and total rewards. How much budget you get may be out of your control, but what you spend that budget on is an opportunity to get more value – engagement, retention, performance – from your investment. Top 6 Takeaways from Total Rewards 2016.

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Bonuses and Incentives Strategy eBook Retention and Turnover 70

Semos Cloud

JULY 31, 2020

Employee benefits are offered together with salary as a company’s compensation package. Employee benefits are non-wage compensations which are provided to employees in addition to their salaries. The purpose of employee benefits is to make the work more attractive and rewarding, therefore directly decreasing employee turnover.

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Employee Appreciation Wage and Hour Training HR Software Employee Recognition 98

Stratus

APRIL 28, 2022

While turnover is expensive for all employers, losing even just one employee is particularly costly to small businesses who have fewer workers already. You can diagnose a manager problem by tracking your turnover metrics and determining if a specific department has a high turnover rate, or perhaps through exit or stay interviews.

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Applicant Tracking Systems Assessment Software Hiring Software Interview Software 75

HR Daily Advisor

FEBRUARY 28, 2017

A perception of fair pay is imperative in employee retention. The 2016 Global Workforce Study found that 53% of employees believe their pay is fair when compared to people in similar roles at other companies. This belief can sap morale, leading to reduced productivity and higher turnover. by Lisa Higgins, Contributing Editor.

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Compensation Compliance Training Retention and Turnover Planning Tools 40