Homebase

JUNE 22, 2023

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? What is employee retention? The good news?

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

HR Brew

APRIL 30, 2024

Indeed, 76% of employees surveyed by ADP between December 2021 and January 2022 said it is important that their employer offer EWA. And 93% of surveyed employers who offer EWA said doing so has positively impacted their retention rates. And, in turn, it can help employers retain talent. The bottom line?

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Retention and Turnover ADP Immedis Talent Experience 395

HRExecutive

MAY 28, 2021

The second is the Job Openings and Labor Turnover Survey , better known as the “JOLTS” report. According to a February 2021 report from the Economic Policy Institute, 80% of the 9.6 This is where we learn about job gains and losses for the prior month, the overall unemployment rate, the labor force participation rate and more.

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HR Software Hiring Software Assessment Software Planning Tools 143

HR Brew

SEPTEMBER 4, 2024

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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Hiring Software Report Data Retention and Turnover 377

HR Brew

MAY 28, 2024

The Nashville Predators first launched an EWA benefit in 2021 with Dayforce (formerly Ceridian) as their administrator, and have since seen turnover decline by 25%. More than three-fourths (76%) of employees ADP surveyed between December 2021 and January 2022 said it’s important that their employer offers EWA.

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Ceridian Retention and Turnover ADP Survey 351

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

15Five

JANUARY 16, 2024

Here’s a treasure trove of stats on employee retention in 2024. Employee Turnover Statistics Quit rates decreased from Q4 2022 to Q4 2023. Source 63% of employees who left a job in 2021 quit because their pay was too low. If you’re facing any level of turnover, it’s important to identify the root cause.

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Retention and Turnover Onboarding Software HR Software Interview Software 245

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

HR Brew

OCTOBER 29, 2024

The Bureau of Labor Statistics released its September Job Openings and Labor Turnover Survey (JOLTS) today. million from 8 million in August , the lowest level since September 2021. While hires and separations were little changed from the previous month , the total number of job openings fell to 7.4

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Hiring Data Trends Survey 403

DailyPay

JANUARY 4, 2023

1 According to the May 2021 Omnichannel Healthcare Experience Report which surveyed 1,000 patients, 71% of respondents wish their healthcare experiences “were as easy as their experiences in other areas of life, like online shopping.” Videos Attraction and Retention: What Can We All Learn From High Turnover Industries?

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Meeting Retention and Turnover Case Study Staffing Software 52

15Five

NOVEMBER 10, 2021

It’s even more true today in 2021. Even before the pandemic, 77% of adults across four countries (US, UK, France, & Germany) in Glassdoor’s Mission & Culture Survey said they would consider a company’s culture before applying for a job there, and 79% would consider a company’s mission and purpose before applying. .

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Employee Engagement Hiring Software Recruiting Software HR Software 278

HRExecutive

OCTOBER 18, 2023

Vogel pursued and secured a $300,000 grant to get the program off the ground in 2021, which included hiring a consultant and an organizational change and leadership development leader, who is still with the organization today. The organization has also targeted another common driver of turnover—heavy workloads.

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HR Software Hiring Software Staffing Software Onboarding Software 120

HRExecutive

AUGUST 24, 2023

In a 2021 survey by Staffing Industry Analysts and LiveHire, 60% of respondents either strongly agreed or somewhat agreed that they would implement direct sourcing within two years. This can lead to better retention and engagement in the long run. What are the benefits of direct sourcing?

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Hiring Software Staffing Software Employer Branding Recruiting Software 94

ClearCompany HRM

DECEMBER 9, 2021

Employee engagement is higher than ever — but even so, only 20% of workers globally are engaged, according to Gallup’s State of the Global Workforce: 2021 Report. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. They can also reduce turnover by 31%.

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ClearCompany Employee Engagement Strategy Retention and Turnover 382

Sterling Check

APRIL 20, 2023

Continued staffing shortages, higher turnover, a growing interest in travel nursing options and remote work, and now the uncertainty in the current macro-economic landscape, is stretching HR teams thin and making hiring even more of a challenge. This continues to be a priority for health systems in 2023.

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Staffing Software Onboarding Software Retention and Turnover Hiring 52

Payactiv

MARCH 27, 2023

Everything you need to know about Healthcare Hiring Healthcare executives agree that the greatest challenge to hospitals and health systems in 2022 was a chronic staff shortage, fueled by industry-wide competition for top talent and high turnover rates. In 2020, hospital registered nurse turnover was 18.7% (U.S.).

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Industry Hiring Software Staffing Software Bonuses and Incentives 52

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 244

Visier

FEBRUARY 4, 2022

Trust is also an important factor, with a 2021 Edelman report finding that 68% of people consider it “more important” for them to trust a brand than it had been in the past. The survey found that in 2020 and 2021, nearly half of millennials and Gen Zs made employment decisions based on the business’s ethics. The result?

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Sexual Harassment Visier Harassment Hiring Software 308

Cisive

FEBRUARY 14, 2022

With seven months of near-record highs, 2021 was officially the year of quitting. Over 38 million workers quit their jobs in 2021. Three Strategies to Improve Retention Immediately. Organizational leaders can make inroads in building engagement and driving retention among their teams by employing different retention strategies.

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Strategy Retention and Turnover Groups Talent Acquisition 128

Semos Cloud

MARCH 24, 2021

March 24, 2021. Therefore, employers are realizing that their priorities lie in preventing employee turnover and increasing employee engagement. High employee turnover . On the other hand, employee turnover is very costly in terms of lost time and resources. All, Best Practices. By Sara Ana Cemazar. Feedback .

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Onboarding Software Hiring Software HR Software Recruiting Software 96

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

PI Worldwide

FEBRUARY 4, 2022

The fact is, employee turnover isn’t completely under your control. Other times, turnover is high because of a competitive market or other outside factors. In this article, we’ll show you powerful strategies to keep retention high. Along the way, we’ll cover a handful of topics: What are the different types of employee turnover?

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Retention and Turnover Strategy Hiring Software Background screening 129

15Five

JULY 18, 2023

Going through layoffs or a reduction in force (RIF) can create a ripple effect through an organization, causing everything from a dip in morale to a spike in regrettable turnover. Ensuring a more inclusive environment for the employees who remain after a RIF is critical to maintaining high engagement, retention, and job performance.

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Retention and Turnover Metrics Survey Study 242

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. .

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Wellness Retention and Turnover HR Software Survey 115

HR Brew

JUNE 12, 2024

Sabbaticals can have a positive impact on recruitment and retention because they can help reduce burnout and improve mental health, according to research from the Adecco Group. Employers that prioritize the overall emotional well-being of their workforce are more likely to see an improvement in recruiting and retention.

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Retention and Turnover Paycor Recruitment Compensation 186

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. It’s anyone’s guess.

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Retention and Turnover Planning Tools Employee Engagement Assessment Software 139

SHRM Resources

MARCH 11, 2021

More than half of employees surveyed in North America plan to look for a new job in 2021, according to a new report, while separate research shows that a quarter of workers plan to quit their jobs outright once the COVID-19 pandemic subsides and recruiting efforts ramp up.

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Survey Recruitment Report Workforce Planning 145

Keka HR Blog

MARCH 31, 2023

HR reporting provides a way to gather and analyze HR data, allowing organizations to track key performance indicators (KPIs) such as employee turnover rates, time-to-hire and diversity metrics. The effectiveness of your workforce retention efforts can be assessed using this data. Not every quitter, though, raises an alarm.

HR Software 52

HR Software HR Planning Hiring Software Report 52

HRExecutive

FEBRUARY 1, 2024

The last few years have held a number of monikers related to workforce trends : 2021 was often called the year of the Great Resignation, while 2022 earned the Great Reshuffle label and 2023 became the year of the so-called Great Reset. ” The post How HR can turn the tide on employee turnover this year appeared first on HR Executive.

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iCIMS HR Software Hiring Software Retention and Turnover 115

MP Wired For HR

AUGUST 1, 2024

Unlocking Your Company’s Potential: The Power of Employee Engagement Surveys August 1st, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Retaining top talent is no easy feat in today’s fiercely competitive business landscape. At the heart of this strategy lies the employee engagement survey.

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Employee Engagement Survey Retention and Turnover AI Recruiting 78

Peoplebox

SEPTEMBER 30, 2024

The US Chamber of Commerce once said, “Diverse and inclusive businesses outperform their homogeneous competitors in innovation, employee retention, talent recruitment, profit, and many other business metrics that lead to long-term growth.” A talent pipeline provides a consistent source of candidates for speciality or high-turnover roles.

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Talent Acquisition Hiring Software AI Recruiting Video Recruiting 52

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?

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

Analytics in HR

SEPTEMBER 13, 2022

Dysfunctional turnover does not only cost organizations a lot of money, but it also disrupts work and affects productivity. So let’s look at what dysfunctional turnover is and how you can reduce it in your organization. Contents What is employee turnover? What is dysfunctional turnover? What is employee turnover?

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Retention and Turnover Hiring Software HR Planning Interview Software 118

Bonusly

DECEMBER 1, 2021

We heard from the panelists that no matter where employees work, employee engagement has been a behemoth for HR folks to tackle in 2021. After the event, our partners at HR.com surveyed 374 HR professionals from all over the world and the results are enlightening. ? So, what did the data say about employee engagement levels in 2021?

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Employee Engagement Retention and Turnover HR Software Onboarding Software 115

WorkHuman

FEBRUARY 17, 2021

New Survey Shines Light on the Importance of Humanity in the Workplace Leading Up to Employee Appreciation Day 2021. Workhuman – pioneers of making the workplace more human – today released survey findings that uncover how recognition impacts employee retention and how companies can better support their employees.

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Survey Retention and Turnover Employee Appreciation Compliance Training 103

6Q

SEPTEMBER 21, 2022

In this guide, we share some clever methods to increase your employee retention rate, and keep your team for longer. workers quit their jobs in 2021, according to the U.S. For businesses across the globe, these high turnover rates are causing havoc, impacting productivity, slowing collaboration and harming the bottom line.

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Hiring Software HR Software Onboarding Software Retention and Turnover 119

Visier

OCTOBER 20, 2021

Prudential’s 2021 Pulse of the American Worker Survey shows that: 26% of workers planning to leave their employers after the pandemic 72% say the pandemic caused them to rethink their skill sets Over 50% of job seekers have sought out new training and skills during the pandemic. How To Reduce Employee Turnover with Workforce Analytics.

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Visier Hiring Software Planning Tools Analytics 221