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How Employee Benefits Can Boost Recruiting, Retention, and Reputation

Netchex HR Blog

Big-ticket benefits like health insurance are obvious favorites, but less expensive perks like flexible work and earned wage access also attract job seekers. Job listings influence a company’s reputation, setting expectations for compensation and employee benefits. Experienced workers appreciate your investment in useful benefits.

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Retail Turnover Rates In 2021

DailyPay

For context, the turnover rate was in the 42-45% range from 2016-2019, slowly creeping upward. This high turnover rate translates into more than 230 million days of lost productivity and $19 billion in costs associated with recruiting, hiring and training, according to Human Resources Today. 2020 saw an overall turnover rate of 57.3%

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NLRB and DOL Going After Worker Misclassification

Zenefits

Department of Labor’s Wage and Hour Division (WHD) and the National Labor Relations Board (NLRB) have announced that they will be collaborating in a new effort to improve compliance with the laws they enforce, including worker misclassification. 1 that it will be adding 100 investigators to support its Wage and Hour Division.

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State Minimum Wage Increases for 2019 (Map)

HR Daily Advisor

Minimum wage increases will affect numerous states across the country in January 2019. Under the Fair Labor Standards Act (FLSA), the current federal minimum wage is $7.25 per hour, but the FLSA does not supersede any state or local laws that are more favorable to employees. per hour with 26 employees or more; $11.00

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Industry Insights Seasonal Hiring

Payactiv

We built this page with you in mind – use it as a learning tool, reference page, and more! An NRF study found: 21 % of former part-time employees say their retail job helped them through a tough time financially 14 % credit their retail job for giving them a “financial cushion” 10 % say their job helped them pay off debt or loans.

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What’s Keeping HR Up at Night in 2020?

HRExecutive

million in January 2019 to 6.8 The number of job openings in the U.S. fell from 7.6 million in January 2020, according to the Bureau of Labor Statistics. Is this an early sign that the talent shortage is dwindling? But regardless of what those numbers reflect, HR professionals continue to worry about maintaining a skilled workforce.

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How to Retain Call Center Employees & Reduce Turnover

Empuls

However, retaining top talent in your call center is crucial for maintaining customer satisfaction, reducing recruitment and training costs, and fostering a positive work environment. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%.