Remove 2022 Remove Employee Benefits Remove Report Remove Retention and Turnover
article thumbnail

5 Strategies to Retain Hospital & Healthcare Employees

DailyPay

How Hospitals and Clinics Can Retain Employees What Is Employee Retention? One helpful way for a company to gauge its employee engagement is by measuring retention. Employee retention statistics indicate a company’s ability to keep its employees over a certain time period.

article thumbnail

SHRM 2022 Employee Benefits Survey: Evaluating the Trends

Extensis

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2022-2023 SHRM State of the Workplace Report Overview

Extensis

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.

article thumbnail

Industry Insights: Healthcare

Payactiv

Healthcare executives agree that the greatest challenge to hospitals and health systems in 2022 is the staffing shortage. The turnover rate near double creates the perfect storm. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. At the beginning of 2022: The number of job openings is 51.9%

article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

In 2022, the U.S. Bureau of Labor Statistics reported that 50.6 employees quit their jobs in a year, indicating an average of 4.2 A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. How to Improve Employee Retention?

article thumbnail

6 Must-Know Stats from Our 2022 Benefits Benchmark Report

PlanSource

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. How is the Great Resignation affecting the benefits landscape?

article thumbnail

5 Ways to Improve Your Employee Retention Strategy

DailyPay

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.