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Why Home-Based Care Needs Regular HR Audits 

MP Wired For HR

Enhancing Recruitment and Retention The turnover rate for caregivers is alarmingly high, often exceeding 70% in some regions. This translates to significant costs for companies, with estimates suggesting each turnover can cost over $3,500 [Source].

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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

By incorporating workforce planning into financial models, organizations can predict costs related to hiring, training, and employee turnover, leading to more precise budgeting. Higher Employee Retention: Financial investments in employee development, guided by HR insights, can significantly enhance employee retention.

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From Fleeting to Forever: Combating Quick Service Restaurant Turnover Rate

Payactiv

However, the industry is renowned for its extremely high turnover rate. As of May 2024, the average employee turnover rate in the restaurant industry was 5.5%, compared to 3.4% By 2021, many restaurant owners were still struggling to fill cook, line cook, server, bartender, and manager positions.

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HR staffing: Is there a sweet spot to prevent turnover?

HRExecutive

In August, Data Lab examined the connection between HR staffing ratios and employee turnover. It might not be surprising that companies with the lowest HR staff-to-headcount ratio have the highest turnover. Yet, companies with the highest HR staffing ratios also have elevated levels of turnover.

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The 5 Ws of Employee Retention in 2021

Our research-based, fact-packed white paper breaks down the ins and outs of employee retention over the last 18 months. Get exclusive tips from Click Boarding's employee journey experts for fixing the employee turnover tangle today and in the future!

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The latest JOLTS report shows even more cooling in the labor market, but the biggest takeaways lie beneath the top-level data

HR Brew

Job openings posted on the last day of July fell to a new low since January 2021, according to the newest Job Openings and Labor Turnover Survey (JOLTS) report released by the US Bureau of Labor Statistics on Wednesday. The job market seems to be finally landing after what’s felt like the longest, bumpiest ride ever.

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The turnover tsunami is on the way. How can your business avoid it?

Business Management Daily

It is being widely reported that a turnover tsunami is on the horizon. 27% of employees are planning to change jobs in 2021. Employers need to start taking steps now to minimize turnover in their organizations. Why mass turnover is on the horizon. Is a “turnover tsunami” really on the horizon?

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Benefits That Employees Actually Want: How To Source and Implement Benefits To Win The Talent War

Speaker: Ellen Meza, Director of Global Benefits, Well-Being and Mobility at DocuSign

She'll show the vast impact it can have on your employee experience, retention, and hiring. This year, that upper hand on retention and hiring great talent is paramount. September 29th, 2021 at 11:00 am PDT, 2:00 pm EDT, 7:00 pm GMT