Remove 2017 Remove Benchmarking Remove Retention and Turnover
article thumbnail

How Healthcare Employers Can Overcome Unprecedented Turnover

Precheck

How Healthcare Employers Can Overcome Unprecedented Turnover Oct. It’s not just your organization — turnover is rampant across healthcare employers. A report from NSI Nursing Solutions says the average cost of turnover for a bedside RN can range from $38,900 to $59,700, with the average hospital losing $5.1 Bryan-Barajas.jpg.

article thumbnail

15 HR Analytics Case Studies with Business Impact

Analytics in HR

This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian. The company was facing levels of turnover that were 3-4% higher than they wanted it to be. This was a proven, important condition for first-year retention.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Curbing Employee Turnover Contagion in the Workplace

Visier

Finally, in late 2017, a team of Chinese scientists traced the virus back to a population of bats in a remote cave. Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Quitting is contagious. million per year.

article thumbnail

Banking Industry Plans to Increase Hiring, Salaries in 2018

HR Daily Advisor

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. The survey, which compiled data from 375 banks, also shows salary and bonus benchmarks for 263 job positions.

article thumbnail

3 Ways Compensation Policies Can Cause Employee Turnover

Lighthouse

Did you realize that the way your company approaches compensation policy can actually create (or reduce) employee turnover? 3 Ways Compensation Practices Can Lead to Retention Risk. Below are three examples of how attention to compensation can uncover potential retention risk. What Causes Employees to Decide to Leave.

article thumbnail

Benchmarking: An Important Tool in the War for Talent

HR Daily Advisor

during the 3 rd quarter of 2017 was 27%– an all-time high. HR and business leaders see this firsthand as they fight to keep innovative, eager talent engaged and on their teams and are leveraging their people data to improve the hiring and talent retention process. Benchmarking. Benchmarking can help with a host of concerns.

article thumbnail

5 Data-Based Reasons to Make Employee Education a Priority

Achievers

Offering Employees Training and Development Increases Employee Retention. As a manager or HR professional, you’re well aware of the costs associated with employee turnover. To benchmark the costs, the same ADT report found that average cost per learning hour is $82; use this to determine what you can afford.

Data 119