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Wage Fixing Indictment Has Implications for Employers

ACA Times

3 minute read: A recent federal wage-fixing indictment against the former owner of a health care staffing company indicates that the Department of Justice’s Antitrust Division is taking a closer look at the competition in labor markets. Employers nationwide, especially health care operators, would be wise to take notice.

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Retail Turnover Rates In 2021

DailyPay

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often. READ THE EBOOK.

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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. How Did We Get Here?

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Industry Insights: Call Center

Payactiv

dropped to 3.4%, which made recruiting at competitive wages challenging for call centers. In 2021, a new set of problems beset upon the industry, including staffing shortages and intense competition for quality labor. Learn more about the four big benefits of offering earned wage access to your call center employees.

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Industry Insights: Senior Care

Payactiv

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.

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Efficient Background Checks a Must as Hospitality Preps for Peak Travel Months

Sterling Check

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. Many people who were furloughed or laid off from leisure and hospitality jobs in 2020 migrated into roles in more stable industries.

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Industry Insights: Healthcare

Payactiv

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. Download our whitepaper to learn about the 5 strategies that can help you hire. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting.