Slayton Search Partners

DECEMBER 12, 2023

As competition for top talent grows, PE firms must reevaluate their leadership needs and strengthen retention strategies. Simultaneously, sellers have been dissatisfied with declining profit margins, largely caused by rising interest rates, which has contributed to a 63% slump in deal volumes between 2022 and 2023.

Retention and Turnover 45

Retention and Turnover Talent Acquisition Diversity Strategy 45

Zenefits

NOVEMBER 8, 2022

Employee turnover is typical for most businesses. A high turnover rate deals damage from multiple angles, from the expense of recruiting and training new hires to the loss of institutional knowledge and a tarnished reputation. businesses lose an astounding $1 trillion annually due to voluntary turnover. Training and onboarding.

Retention and Turnover 36

Retention and Turnover Hiring Software Compliance Training HR Planning 36

HRExecutive

APRIL 8, 2024

While the movement has been losing some steam over the past year, the cost of employee turnover is still extremely high, as the cost of replacing an employee ranges anywhere from one-half to two times their yearly salary. Mitigating the costs of employee turnover for frontline workers isn’t just an HR issue.

Retention and Turnover 111

Retention and Turnover Onboarding Software Recruiting Software Planning Tools 111

Extensis

APRIL 14, 2023

Quick look: The SHRM Research Institute has released its annual State of the Workplace Report, identifying areas where U.S. businesses were successful in 2022, collective challenges they faced, and how they’re prioritizing workplace issues in 2023. 80% of HR professionals cited labor shortages as a top concern in 2022.

Recruiting Software 91

Recruiting Software HR Software Planning Tools Interview Software 91

Cupa HR

MAY 13, 2024

A new report examining pay, pay equity, staffing, representation and retention in the higher ed financial aid workforce outlines several findings from analyses of data of financial aid employees from CUPA-HR’s 2022-23 higher ed workforce surveys and the 2023 Higher Education Employee Retention Survey.

Survey 52

Survey Staffing Report Data 52

HR Digest

DECEMBER 2, 2023

In 2022, the U.S. Bureau of Labor Statistics reported that 50.6 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important.

Strategy 96

Strategy Retention and Turnover Planning Tools Onboarding Software 96

UKG

MAY 24, 2023

A 300% increase in users of UKG Wallet , which offers earned wage access, budgeting tools, financial literacy and counseling, and peer-to-peer payments that UKG customers say is a significant recruitment and retention tool.

HR Software 98

HR Software UKG Staffing Software Planning Tools 98

Astron Solutions

MAY 3, 2022

We are facing an interesting time in compensation. Many have changed course on what they believe is most important, resulting in chain of events: record breaking employee turnover and a scramble by leadership to curtail the surging storm of The Great Resignation. million people quit their jobs in January 2022 alone.

Compensation 52

Compensation Retention and Turnover Ceridian Payscale 52

HiBob

JUNE 13, 2022

But amid “ The Great Resignation ”—which has brought the highest levels of turnover seen in the past 20 years—companies need to understand what is driving the job change trend and what they can do to keep people around. Flexible work arrangements and collaborative learning opportunities also play a crucial role in the 2022 workplace.

Strategy 78

Strategy Retention and Turnover Compliance Training Hiring Software 78

Analytics in HR

DECEMBER 11, 2023

While the instinct may be to avoid layoffs, this can result in a retention of excess staff, creating a delicate situation that requires careful navigation. Workforce constitutes a significant chunk of organizational expenditures, encompassing salaries, benefits, and other compensation-related expenses.

Hiring Software 92

Hiring Software Staffing Software Recruiting Software Planning Tools 92

Analytics in HR

APRIL 23, 2023

Investing finite resources into effective employee retention strategies will play a pivotal role in the success of your organization. Let’s explore why employee retention matters and the best employee retention strategies HR can implement in the business. Let’s explore why employee retention matters in more detail.

Retention and Turnover 108

Retention and Turnover Strategy Hiring Software Wage and Hour Training 108

Business Management Daily

APRIL 25, 2023

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for.

Talent Experience 105

Talent Experience Hiring Software Wage and Hour Training Onboarding Software 105

PlanSource

NOVEMBER 16, 2021

How to Engage Employees and Reduce Turnover with Total Compensation Statements. As HR leaders, you know that an employee’s compensation is more than just their salary. The beginning of a new year is a great time to remind employees of this with total compensation statements. Wednesday, December 8 | 1 p.m. Register Now.

Compensation 52

Compensation Retention and Turnover HR Software Planning Tools 52

Zenefits

OCTOBER 7, 2021

Employees are quitting in droves, spurring the “Great Resignation” and hobbling employers’ retention efforts. executives report a higher or much higher turnover than normal at their organization in the past 6 months. executives report a higher or much higher turnover than normal at their organization in the past 6 months.

Retention and Turnover 69

Retention and Turnover Hiring Software Retirement Report 69

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. . million Americans quit their jobs in February of 2022, according to the U.S. Here are 5 benefits to include in your employee retention strategy.

Hiring Software 122

Hiring Software Planning Tools Retention and Turnover Strategy 122

Hppy

MAY 27, 2021

Is your compensation plan like an ocean liner or speedboat? In addition, pay grades can be a helpful framework for streamlining compensation if market data is not found to price jobs. What does an agile compensation strategy look like? Be flexible with job compensation and automation. Rigid structures: The enemy of agile.

Compensation 148

Compensation Hiring Software Strategy Planning Tools 148

Stratus

JULY 8, 2022

Here’s our list of the top 5 Human Resources (HR) challenges employers have been facing in 2022, along with suggestions of how to combat those challenges. Attracting applicants and retaining employees is one of the most common HR challenges in 2022. Provide competitive compensation and benefits. Create flexible work options.

HR Software 78

HR Software Recruiting Software Interview Software Retention and Turnover 78

PlanSource

MARCH 16, 2022

6 Must-Know Stats from Our 2022 Benefits Benchmark Report. March 16, 2022. We’ve scoured over 200 million benefit elections in our system and analyzed real user behavior and data to bring you our 4th annual Benefits Benchmark Report. 6 Must-Know Stats from Our 2022 Benefits Benchmark Report. Kahley Czupek.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

6Q

JULY 27, 2023

This article delves into the reasons behind the escalating attrition rates and provides a comprehensive set of strategies that organisations can adopt to enhance employee retention, foster a positive work environment, align employee aspirations with organisational goals, and ultimately drive long-term business success. What can companies do?

Strategy 98

Strategy Onboarding Software Hiring Software Company 98

Perceptyx

SEPTEMBER 7, 2022

Compensation is now top of mind for people leaders, rank and file employees, and the Human Resources community alike. Triggered by unprecedented turnover, rising inflation, new legislation mandating pay transparency, and more, the role of compensation — for both attracting and retaining key talent — is getting new scrutiny.

HR Planning 52

HR Planning Retention and Turnover Compensation Data 52

Terryberry

APRIL 19, 2022

Employee engagement and retention are frequently associated with each other. During the Great Resignation , organizations began to take an in-depth look at their engagement, retention, and recruitment strategies. Companies should focus on driving performance and retention through employee engagement.

Employee Engagement 98

Employee Engagement Retention and Turnover HR Planning Onboarding Software 98

i4cp

FEBRUARY 3, 2022

Heading into 2022, there's no greater way to do so than addressing the impact of the great resignation phenomenon on the organization. These labor market trends are expected to lead to increased wages, particularly for new hires, and the added challenge of compensation adjustments that may need to take place across the organization.

Analytics 103

Analytics Hiring Software Planning Tools HR Software 103

Homebase

JUNE 9, 2024

As turnover ticked up 11.7% April 10-16 vs. May 8-14 (2022); April 16-22 vs. May 7-13 (2023); April 7-13 vs. May 12-18 (2024). Labor costs are slowing, remain 30% above 2022 levels Growth in hiring activity led to a marginal increase in wages in May Avg. Outdoor businesses are growing. 23, and Jan. ‘24 Source: Homebase data.

Report 40

Report Hiring Retention and Turnover Payroll 40

Slayton Search Partners

APRIL 19, 2023

Despite challenges, fair compensation remains critical to talent attraction and retention. These conversations, while productive, have unearthed new levels of dissatisfaction— Gartner reports only 32% of workers believe they’re receiving fair pay. Compensation is vital to talent attraction and retention today.

Compensation 90

Compensation Hiring Software Retention and Turnover Talent Experience 90

DailyPay

APRIL 6, 2023

This understanding is at the core of any successful employee retention strategy. A successful employee retention strategy will include various methods to increase a company’s yearly retention rate, such as improving employee morale, financial wellness and engagement. What Causes High Turnover and Low Employee Retention?

Retention and Turnover 52

Retention and Turnover Strategy Wage and Hour Training Hiring Software 52

Zenefits

APRIL 4, 2022

Turnover creates an even bigger issue when many people start leaving. If your people are leaving at a higher rate than usual, what you likely need is an employee retention program. Below we outline the steps on how to create an employee retention program, and why you need one. Employee turnover is a (very) costly problem.

Retention and Turnover 68

Retention and Turnover How To BambooHR Talent Experience 68

Homebase

MAY 25, 2023

If it isn’t already on your mind, it’s time to look into employee retention strategies and add to your to-do list for 2023. What is employee retention? A company’s ability to retain staff is measured using employee retention rate. Knowing your employee retention rate is a pretty important stat for small businesses.

Hiring Software 52

Hiring Software Retention and Turnover Strategy Planning Tools 52

Extensis

AUGUST 9, 2022

Quick Look: Adapting to trends while also focusing on what employees really want is essential to maintaining low turnover and an engaged work environment. SHRM has recently published its 2022 Employee Benefits Survey which shows the trends worth paying attention to as employers prepare for the upcoming benefits renewal season.

Employee Benefits 97

Employee Benefits Survey Trends Video Recruiting 97

Criteria Corp

NOVEMBER 4, 2022

This year, in addition to our Hiring Benchmark Report , we wanted to better understand the typical candidate’s feelings about the job market in our 2022 Candidate Experience Report. Hiring professionals believe that candidates top three priorities are compensation, followed by work-life balance, and then a positive work culture.

Retention and Turnover 85

Retention and Turnover Benchmarking Compensation Talent Experience 85

Business Management Daily

JANUARY 6, 2022

Pay raises are particularly important going into 2022 as turnover rates continue to soar. There are, however, some concerns with tying compensation to performance reviews as it can make the performance review process a higher-pressure and less collaborative experience for employees. Compensation benchmarking.

Wage and Hour Training 98

Wage and Hour Training Benchmarking Compensation How To 98

PlanSource

DECEMBER 7, 2021

Benefits Trends & Predictions HR Leaders Need To Know in 2022. How do you know what to anticipate for 2022? Register now to stay up to date, informed and ahead of the competition heading into 2022. How big data is increasing the need for more intuitive reporting methods and tools . Thursday, January 13 | 1 p.m.

Trends 52

Trends HR Software Retention and Turnover Planning Tools 52

Analytics in HR

NOVEMBER 13, 2023

Recent employee experience statistics show that EX has a profound effect on talent acquisition, engagement, retention, and business results. One company has a reputation for fostering a positive employee experience, while the other is known for high turnover and employee dissatisfaction. Low engagement costs the global economy US$8.8

Talent Experience 102

Talent Experience Retention and Turnover Talent Acquisition Diversity 102

Linkedin Talent Blog

APRIL 18, 2023

There are three things that should matter most to hiring professionals right now — retention, retention, retention. A cost-of-living crisis coupled with a herky-jerky economy in which resignations far outnumber workforce reductions is causing a surge in employee turnover. But mostly turnover is expensive.

Retention and Turnover 49

Retention and Turnover Payscale Adobe Compliance Training 49

Zenefits

SEPTEMBER 14, 2022

Whether you are recruiting new employees or focusing on employee retention , a solid compensation plan is key to finding and keeping top-quality employees. Reduce turnover. That means a regular review of your compensation package should be a top priority. Is it time to evaluate your company’s compensation package?

Compensation 41

Compensation Planning Tools Benchmarking Retention and Turnover 41

Thrive Global

MAY 23, 2022

Employee retention is critical to your company’s survival in the saturated, competitive international job market. Moreover, retention is one of the biggest challenges businesses face today. ?The As a result of employee turnover, employers are left with many costs ?to Employee retention relies on communication. ???People

Retention and Turnover 69

Retention and Turnover Company E-Recruitment Compensation 69

PlanSource

DECEMBER 13, 2021

Benefits Trends & Predictions HR Leaders Need To Know in 2022. How to Engage Employees and Reduce Turnover with Total Compensation. 5 Ways Ben Admin Systems Streamline ACA Reporting & Compliance. Thursday, January 13 | 1 p.m. Wednesday, December 8 | 1 p.m. Thursday, November 18 | 2 p.m.

HR Software 98

HR Software Retention and Turnover Compliance Software 98

Empuls

APRIL 25, 2024

Employee retention is crucial in this competitive market. Employee retention refers to an organization's ability to keep its valuable employees.   High turnover can also damage your company culture and employer brand.  According to Gallup, pay/benefits is the most common reason employees left their job in 2022. 

Onboarding Software 40

Onboarding Software Hiring Software Recruiting Software HR Software 40