Payactiv

OCTOBER 3, 2024

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.

PayActiv 52

PayActiv Wage and Hour Training Retention and Turnover Hiring Software 52

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.

HR Software 143

HR Software Hiring Software Assessment Software Planning Tools 143

Hospital Recruiting

MAY 18, 2022

Reducing turnover has never been more critical for healthcare providers. Approximately 16% of healthcare facilities faced critical staffing shortages in October 2021; by 2026 the US will see a deficit of over 3 million workers in the industry. Early intervention may be key to retention. Mitigate churn.

Staffing Software 94

Staffing Software Recruiting Software Staffing How To 94

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.

HR Planning 246

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

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.

HR Planning 73

HR Planning HR Software Hiring Software Onboarding Software 73

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.

Retention and Turnover 245

Retention and Turnover Onboarding Software HR Software Interview Software 245

Sterling Check

APRIL 13, 2022

Travel began its rebound in 2021 and the momentum continues in 2022. The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. Tools like our native mobile Candidate Hub keep candidates engaged from recruiting on through to onboarding.

Hiring Software 70

Hiring Software Onboarding Software Staffing Software Recruiting Software 70

15Five

NOVEMBER 10, 2021

It’s even more true today in 2021. Strategic employee engagement = easier recruiting and better retention. Many are currently understaffed, which leaves the employees that are there overburdened with work, creating a poor work-life balance for them, which then leads to burnout — and eventually turnover. It’s a vicious cycle.

Employee Engagement 278

Employee Engagement Hiring Software Recruiting Software HR Software 278

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%.

ClearCompany 382

ClearCompany Employee Engagement Strategy Retention and Turnover 382

DailyPay

AUGUST 24, 2021

Recruiting, Retention and More: What QSR Operators Need to Know Now. Recruiting, Retention and More: What QSR Operators Need to Know Now. In an industry with turnover as high as 150%, QSR operators must continue to look for new ways to attract and retain top talent in a competitive labor market. View On-Demand. Guest Speakers.

Video Recruiting 52

Video Recruiting Recruiting Software Hiring Software Recruitment 52

DailyPay

AUGUST 24, 2021

Recruiting, Retention and More: What QSR Operators Need to Know Now. Recruiting, Retention and More: What QSR Operators Need to Know Now. In an industry with turnover as high as 150%, QSR operators must continue to look for new ways to attract and retain top talent in a competitive labor market. View On-Demand. Guest Speakers.

Video Recruiting 52

Video Recruiting Recruiting Software Hiring Software Recruitment 52

Payactiv

JANUARY 21, 2022

We built this page with you in mind – use it as a learning tool, reference page, and more! Ongoing health concerns and typically high turnover rates are leaving thousands of senior care facilities understaffed and overworked. Read how partnering with Payactiv results in a significant increase in employee engagement and retention.

Industry 52

Industry Hiring Software Staffing Software Wage and Hour Training 52

Sterling Check

JULY 5, 2022

For the first time since 2004, hospital labor shortages have replaced financial challenges as the top concern for hospitals in 2021, based on data from the American College of Healthcare Executives (ACHE). The Pandemic Remains the Biggest Challenge for Talent Acquisition and Retention Teams. To view the full study , click here.

Staffing Software 52

Staffing Software Onboarding Software Staffing Onboarding 52

FingerCheck

NOVEMBER 7, 2022

Yes, it does because employee turnover is very high. Additionally, the rate of job growth is slower than average — 3 percent — for workers in property management, real estate and community association manager roles from 2021 to 2031. The National Apartment Association reported an annual turnover rate of 33% in October 2021.

Hiring Software 52

Hiring Software HR Software Interview Software Staffing Software 52

FingerCheck

NOVEMBER 7, 2022

Yes, it does because employee turnover is very high. Additionally, the rate of job growth is slower than average — 3 percent — for workers in property management, real estate and community association manager roles from 2021 to 2031. The National Apartment Association reported an annual turnover rate of 33% in October 2021.

Hiring Software 52

Hiring Software HR Software Interview Software Staffing Software 52

Payactiv

MARCH 22, 2022

We built this page with you in mind – use it as a learning tool, reference page, and more! The turnover rate near double creates the perfect storm. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. Between 2016 and 2021, the average hospital turned over a shocking 90.8%

Industry 52

Industry Hiring Software Staffing Software Wage and Hour Training 52

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.

HR Software 118

HR Software Hiring Software Staffing Software Onboarding Software 118

HRExecutive

AUGUST 24, 2023

It can go beyond simply a recruiting tool and become a strategic way of thinking for companies looking to get more out of their talent acquisition processes. 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.

Hiring Software 84

Hiring Software Staffing Software Employer Branding Recruiting Software 84

HiBob

FEBRUARY 16, 2022

2021 was full of all kinds of challenges–but there were some bright spots too. Companies facing “ The Great Resignation ” are scrambling for ways to increase employee retention, boost loyalty, and make their people proud to work for them. Employee retention strategies for the new world of work. Paying people is no longer enough.

Retention and Turnover 148

Retention and Turnover JazzHR Compensation Recruiting Software 148

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.

HR Software 52

HR Software HR Planning Hiring Software Report 52

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.

Strategy 128

Strategy Retention and Turnover Groups Talent Acquisition 128

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.

Hiring Software 122

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?

Retention and Turnover 131

Retention and Turnover Strategy Hiring Software Background screening 131

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

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.

Retention and Turnover 139

Retention and Turnover Planning Tools Employee Engagement Assessment Software 139

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

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. million in July 2021.

Sexual Harassment 308

Sexual Harassment Visier Harassment Hiring Software 308

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. Sourcing tool . All, Best Practices. Analytics .

Onboarding Software 96

Onboarding Software Hiring Software HR Software Recruiting Software 96

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 Visier helps you find out why employees leave.

Visier 221

Visier Hiring Software Planning Tools Analytics 221

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.

Hiring Software 119

Hiring Software HR Software Onboarding Software Retention and Turnover 119

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.” You can leverage automation through the following tools.

Talent Acquisition 52

Talent Acquisition Hiring Software AI Recruiting Video Recruiting 52

Bonusly

JANUARY 17, 2022

Recruiting top talent and employee retention is no longer just a threat for understaffed industries—it’s something we are seeing across the board. million people chose to leave their jobs in November of 2021. While retention woes are currently the norm, they don’t have to define your outlook or results at your organization.

Retention and Turnover 126

Retention and Turnover Strategy Onboarding Software Interview Software 126

developUs

JULY 18, 2023

Assessments : Assessments are crucial tools for identifying employees’ strengths, areas for improvement, and potential development opportunities. Look for a firm that offers reliable and validated assessment tools to gain accurate insights into your employees’ abilities and growth areas.

Compliance Training 52

Compliance Training Talent Experience HR Planning Assessment Software 52

Homebase

OCTOBER 4, 2022

billion in January 2021 to $86.2 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. Turnover in the restaurant industry is comparatively high. billion in August 2022 (adjusting for inflation).

Hiring Software 52

Hiring Software Wage and Hour Training Staffing Software Survey 52

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. So, what did the data say about employee engagement levels in 2021? For instance, 72% of respondents said employee engagement had a positive impact on employee retention and productivity.

Employee Engagement 115

Employee Engagement Retention and Turnover HR Software Onboarding Software 115

MP Wired For HR

OCTOBER 22, 2024

Below, we delve into the most effective ways to utilize technology for workforce planning, essential tools and techniques, and the pivotal role of data in driving organizational success. This technology allows organizations to forecast workforce needs by analyzing current employee performance, turnover rates, and skills gaps.

Planning Tools 108

Planning Tools Hiring Software Onboarding Software HR Software 108

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 Visier helps you find out why employees leave.

Visier 195

Visier Hiring Software Planning Tools Analytics 195