Netchex HR Blog

OCTOBER 10, 2024

Recruiting and retention are areas that can be particularly boosted. The Importance of Employee Benefits: Recruiting, Retention, and More Employee benefits are indispensable, even in hourly jobs where they used to be less common. High turnover is a nightmare for HR and productivity.

Recruiting Software 57

Recruiting Software Employee Benefits Hiring Software Onboarding Software 57

Empuls

OCTOBER 9, 2023

Healthcare employee turnover:  stats & facts Healthcare employee turnover refers to the rate at which healthcare workers leave their jobs within a given time frame, either voluntarily or involuntarily, and are replaced. Here are some facts sheding light on the problem of turnover in healthcare industry. was about 15.9%

Hiring Software 52

Hiring Software Staffing Software Recruiting Software Planning Tools 52

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

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HR Planning Retention and Turnover Objectives & Key Results HR Software 246

Peopletrail

JANUARY 31, 2024

Factors contributing to this shortage include: Rapid growth of the 65 and older age group Increase in chronic conditions (in young and old patients) Increased utilization of basic healthcare Upcoming wave of healthcare retirees Each institution is also battling a turnover issue, particularly among first and second-year nurses and CNAs.

Background screening 59

Background screening Hiring Retention and Turnover Hiring Software 59

Engagedly

JULY 11, 2020

Employee turnover is a constant problem in companies all over the world, and every company does their best to retain talents. As a result, employees don’t put in their maximum effort for their job, hence employee engagement and employee productivity decrease. As a result, this would increase their productivity.

Staffing Software 89

Staffing Software Recruiting Software Staffing HR Software 89

EmployeeConnect

DECEMBER 3, 2024

Why Retention Matters Retention isn’t just about keeping employees around; it’s about maintaining a motivated and skilled workforce that contributes to organisational success. High turnover rates can disrupt productivity, burden remaining employees, and inflate hiring costs.

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Hiring Software Onboarding Software Assessment Software Recruiting Software 147

Empuls

SEPTEMBER 29, 2023

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%. High attrition rates have long plagued the call center industry.

Hiring Software 40

Hiring Software HR Software Recruiting Software Staffing Software 40

DailyPay

NOVEMBER 29, 2022

This burden on employees may lead to critical errors in performing day-to-day responsibilities and decreased productivity. 5 Overcome Staffing Issues According to the American Hospital Association’s 2022 Healthcare Talent Scan, customized retention strategies can be a key factor to overcoming staffing issues. Get a Demo.

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Staffing Retention and Turnover Wellness Case Study 52

Zenefits

MAY 9, 2022

Staff retention. Employee turnover has risen dramatically over the last 2 years, primarily driven by: Pandemic-fueled changes in workplace expectations. According to HireVue , 55% of employers have reported higher turnover in 2022 than in 2021. Staff turnover is problematic in several significant ways.

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HR Planning HR Software Hiring Software Onboarding Software 73

DailyPay

OCTOBER 10, 2022

Companies that foster a high-trust relationship between employer and employee may benefit from greater productivity and motivation as their workers feel supported to better perform their jobs. 2 In April 2020, 1.3 5 Additionally, culture-driven organizations experience fewer mistakes, higher productivity and lower absenteeism.

Hiring Software 52

Hiring Software Retention and Turnover Staffing Software Payroll 52

ExactHire

FEBRUARY 12, 2020

Low unemployment is especially crippling for industries that traditionally experience high turnover in hourly positions and/or with a contingent workforce. This type of arrangement can go far in building employee loyalty in a tough employee retention market. Better job candidate flow. Employer tax incentives.

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Aptitude Tests Background screening Hiring Software Hiring 133

HRExecutive

AUGUST 4, 2020

In the already fast-changing world of HR, the ongoing COVID-19 pandemic is creating unimagined twists and turns as 2020 progresses, leading to unprecedented attention on HR technology to help employers manage these new challenges. It’s not a productive use of time.”. This is the first in a three-part series. *. ” — Greg Moran.

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AI Recruiting Talent Acquisition Recruiting Software Staffing Software 137

ClearCompany HRM

DECEMBER 9, 2021

Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. Regular feedback can lead to nearly 15% lower turnover, and as we know, a great majority of employees want more feedback. The events of 2020 only sped up those changes in many cases. Be Transparent.

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ClearCompany Employee Engagement Strategy Retention and Turnover 382

15Five

MAY 31, 2023

The problems we solve Modern organizations are plagued by ineffective management, regrettable turnover, and disengaged employees not hitting performance goals. Here are two examples of the ways that 15Fives help to solve these problems for our customers: You may recall that in early 2020, the entire world of work shifted to remote and hybrid.

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HR Software Onboarding Software Planning Tools Retention and Turnover 278

Recruit CRM

FEBRUARY 15, 2022

Remote hiring was seen as an alternative approach at the beginning of 2020, but today, it has already taken over as the “new normal” for hiring teams globally. Increased Productivity Studies repeatedly prove the improvement in productivity while doing remote work. Productive recruiters also lead to a better candidate experience.

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Hiring Software Recruiting Software Interview Software Assessment Software 64

Keka HR Blog

APRIL 17, 2023

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J. Sure, remote work can boost productivity. Layoffs in the 1970s-80s , including at Boeing Co.

HR Planning 98

HR Planning Video Recruiting HR Software Hiring Software 98

Sterling Check

JULY 5, 2022

Witnessing higher rates of turnover, an increase in worker burnout, and competition with larger organizations in the non-clinical space, talent acquisition teams are taking immediate action to rectify this issue. The Pandemic Remains the Biggest Challenge for Talent Acquisition and Retention Teams. Conclusion.

Staffing Software 52

Staffing Software Onboarding Software Staffing Onboarding 52

Achievers

APRIL 1, 2020

And what will productivity look like, if fewer people are coming into the office every day? Where we came from: remote work statistics prior to spring 2020. In 2020 (before the arrival of COVID-19) there were already 7 million people working remotely in the U.S., How will this affect your employee engagement? 43 percent of U.S.

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Retention and Turnover Employee Recognition Metrics Employee Engagement 155

Visier

OCTOBER 19, 2021

With an existing talent shortage that is expected to grow, employee retention has never been more important—but many organizations are still struggling to retain key talent. 3 difficulties organizations face when addressing retention. Evolving work situations make turnover causes complicated to pinpoint.

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Retention and Turnover Talent Experience Visier Planning Tools 195

Visier

OCTOBER 19, 2021

With an existing talent shortage that is expected to grow, employee retention has never been more important—but many organizations are still struggling to retain key talent. 3 difficulties organizations face when addressing retention. Evolving work situations make turnover causes complicated to pinpoint.

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Retention and Turnover Talent Experience Visier Planning Tools 195

Homebase

JUNE 28, 2023

Are generally more experienced and skilled than nonexempt employees due to higher education or additional training, which can lead to higher productivity and better work quality. This can also help with employee retention. This can result in higher turnover rates and lower productivity, which can be costly for your business.

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Wage and Hour Training Hiring Software Staffing Software How To 98

Keka HR Blog

MARCH 31, 2023

Turnover and retention reports Attrition reports, commonly referred to as turnover reports, emphasize the number and the percentage of individuals who quit during a specific time period. The effectiveness of your workforce retention efforts can be assessed using this data. Not every quitter, though, raises an alarm.

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HR Software HR Planning Hiring Software Report 52

Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. So, helping your employees tackle their stress can keep your retention up — and battling financial stress specifically is key. .

Wellness 115

Wellness Retention and Turnover HR Software Survey 115

Best Money Moves

APRIL 20, 2022

5 benefits to include in your employee retention strategy. Up your employee retention strategy and keep your team where they belong with these five benefits. . These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . The Great Resignation isn’t over yet.

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Hiring Software Planning Tools Strategy Retention and Turnover 122

Best Money Moves

SEPTEMBER 15, 2021

For retention, reducing financial stress is key. Financial stress is a major but often overlooked factor to employee turnover. So, financial wellness initiatives can be invaluable retention tools. Turnover is a major problem for employers — and it’s getting worse. So, how can you increase employee retention?

Hiring Software 105

Hiring Software Retention and Turnover Wage and Hour Training Compliance Training 105

ExactHire

MAY 17, 2022

An effective onboarding process can have a positive impact on nearly every aspect of your business, from improving retention and engagement to strengthening your company’s culture and employer brand. And that turnover is expensive. In fact, not delivering on promises is the fastest growing cause of voluntary turnover.

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Onboarding Software Onboarding Hiring Software Data 212

Engagedly

AUGUST 11, 2020

“Turnover can be one of the most expensive problems at a company” – Shawn Achor – American author, and speaker, CEO of GoodThink Inc. Employee turnover is inevitable as employees move from one organization to another for better compensation, work-life balance, and career growth. Hire The Right People. Work-Life Balance.

Hiring Software 105

Hiring Software Retention and Turnover Interview Software Assessment Software 105

Insperity

AUGUST 12, 2021

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future. So, let’s take a closer look.

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Retention and Turnover Planning Tools Employee Engagement Assessment Software 139

A Slice of HR

JULY 18, 2024

Photo: Amy Hirschi // Unsplash Do you find that your employee turnover rates are higher than you’d like? Small businesses struggle with employee retention for plenty of reasons, especially in the uncertain business climate we’ve experienced in the past few years.

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Hiring Software Assessment Software Retention and Turnover Recruiting Software 97

6Q

JANUARY 24, 2022

Employee engagement and retention are both influencing factors for business success. That’s why employee retention and employee engagement are so important. Why is employee retention and engagement important? Increase productivity. Productivity is important for every business. Employee turnover is expensive.

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Hiring Software Planning Tools Retention and Turnover Bonuses and Incentives 132

Best Money Moves

JULY 14, 2021

4 ways financial wellness can boost employee retention. Retention is an increasing problem in the post-COVID workforce. In the post-COVID world, retention is an increasingly complex problem that organizations are struggling to solve. . Consider these four ways that financial wellness benefits can help boost employee retention.

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Wellness Planning Tools HR Software Retention and Turnover 116

ExactHire

FEBRUARY 10, 2022

After all, that empty chair costs the company money in terms of lost productivity and hiring costs. Onboarding new employees effectively improves employee engagement, increases the new hire’s productivity, and contributes to a positive company culture that creates a cohesive team. Your New Hire Time-to-Productivity Exceeds Six Months.

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Onboarding Software Onboarding Hiring Software Retention and Turnover 238

Engagedly

AUGUST 27, 2021

Here are three reasons an offboarding strategy is critical for retention and solutions to improve it. . Why Offboarding Is Important for Employee Retention? The Work Institute’s 2020 Retention Report indicates that employers could have prevented three out of four turnovers. . Many Job Departures Are Preventable.

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Onboarding Software Interview Software HR Software Assessment Software 124

6Q

MARCH 13, 2022

Employee retention is one of the biggest challenges in the business and professional world. Employee turnover is very expensive, as it affects revenue, operating costs, productivity, corporate culture, customer experience, and other factors. There are devastating costs of excessive turnover. Productivity improvements.

Hiring Software 118

Hiring Software Recruiting Software Retention and Turnover Onboarding Software 118

Analytics in HR

JULY 6, 2021

It’s also forcing employers to rethink their talent acquisition and employee retention strategies to keep up to pace with these constant changes. This means that employee retention rate is one of the most important HR metrics that can help you understand how well your organization retains its employees. Let’s dive in.

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Retention and Turnover Hiring Software Recruiting Software Interview Software 98

Homebase

OCTOBER 4, 2022

The number of hours worked by restaurant employees in September 2022 is down relative to September of 2021, as well as September 2020, after a relatively robust spring and early summer. of 2020 (i.e., of 2020 (i.e., Turnover in the restaurant industry is comparatively high. Hours worked. pre Covid)). Employees working.

Hiring Software 52

Hiring Software Wage and Hour Training Staffing Software Survey 52

Visier

AUGUST 4, 2021

Service industry workers were laid off en masse in 2020, but many who have come back are now voluntarily walking out the door again citing low pay and a lack of appreciation shown by employers. In April this year, the Bureau of Labor Statistics reported that four million people quit their jobs —the highest number since 2020.

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Wage and Hour Training Industry Visier Compensation 368