Affinity HR Group

JANUARY 23, 2020

As of November 30, 2019, the US unemployment rate was 3.5%. The importance of employee retention in this tight labor market cannot be over-emphasized. Knowing what’s important to them can help you structure your workplace so that it supports retention. during the second half of 2019, and similar growth is projected through 2020.

Hiring Software 80

Hiring Software Bonuses and Incentives Trends Recruiting Software 80

Rise

AUGUST 27, 2020

According to a recent PayScale survey , 2 of 3 employees list a lack of employee training and development as a large contributing factor in deciding to quit. Introducing a professional development plan (PDP) and creating PDP goals for your employees can help improve job satisfaction and your retention rate. .

Compliance Training 88

Compliance Training Planning Tools Training Retention and Turnover 88

Digital HR Tech

NOVEMBER 11, 2019

Second, as of June 2019, benefits make up 31.4 While their findings were statistically significant and turnover is expensive, it’s probably not enough to convince a boss to give someone a 10 percent raise. A Payscale study gives some insight into the influence of salary. percent of the cost of employing someone.

Compensation 106

Compensation COMPAS HR Planning Retention and Turnover 106

Genesis HR Solutions

MARCH 1, 2023

2019, LinkedIn) The chances that a new employee will still be at the same company 12 months later is 76%; for two years it’s 59%; and for three years, it’s 48%. 2019, LinkedIn) Companies with a highly engaged workforce scored 17% higher on productivity. 2019, PayScale) 61% of U.S. 2019, PayScale) 61% of U.S.

Employee Engagement 52

Employee Engagement Data Payscale Retention and Turnover 52

Astron Solutions

MAY 3, 2022

Many have changed course on what they believe is most important, resulting in chain of events: record breaking employee turnover and a scramble by leadership to curtail the surging storm of The Great Resignation. In the big picture of organizational success, employee retention is important.

Compensation 52

Compensation Retention and Turnover Ceridian Payscale 52

Rise

AUGUST 18, 2020

However, learning and development training is a valuable source of employee engagement and retention. LinkedIn’s 2019 Workplace Learning Report uncovered that 94% of employees “would stay at a company longer if it invested in their learning and development.” . They’re also ideal candidates for internal promotions. .

Planning Tools 59

Planning Tools Compliance Training Retention and Turnover Payscale 59

Tandem HR

FEBRUARY 9, 2022

Analyze Turnover. Analyzing turnover can identify potential compensation misalignment in specific departments, positions, or the whole organization. Turnover rates vary significantly by industry. turnover rate was 44.3% in 2019 and increased to 57.3% turnover rate was 44.3% in 2019 and increased to 57.3%

Compensation 52

Compensation Strategy Retention and Turnover HR Planning 52