Zenefits

MAY 9, 2022

Unfortunately, these disruptions are set to continue throughout 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.

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HR Planning HR Software Hiring Software Onboarding Software 73

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 2022 was 52 years old.

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Industry Hiring Software Staffing Software Bonuses and Incentives 52

Netchex HR Blog

AUGUST 17, 2023

Turnover has always been a problem in restaurants, but it’s getting harder to ignore. Excessive turnover can become a never-ending loop, with the poor conditions causing more workers to quit. Most common reasons for high restaurant turnover Some workers were never going to last long at your restaurant.

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HR Software Staffing Software Hiring Software Recruiting Software 52

Sterling Check

APRIL 20, 2023

Over the past few years, and especially last year, we saw the healthcare industry grapple with both new and ongoing challenges impacting the workforce. To help kickstart your hiring strategies as we continue moving into 2023, we’ve pulled together Sterling’s top 5 healthcare background check and hiring blog posts from 2022.

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Staffing Software Onboarding Software Retention and Turnover Hiring 52

DailyPay

JANUARY 17, 2023

Since being well-staffed remains a challenge in the industry, employers should focus on how they can enrich the employee experience, leading to higher retention rates. High turnover rates can significantly increase costs for healthcare employers. Increase Employee Retention to Overcome Rising Labor Costs.

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Retention and Turnover Paycom AI Recruiting Video Recruiting 52

15Five

OCTOBER 30, 2023

Employee turnover is an increasingly significant challenge across nearly every industry, and the decline started well before the Great Resignation. A recent labor statistics study by LendingTree found that between 2012 and 2022, the median job tenure dropped almost 11%, from 4.6 What causes employee turnover? years to 4.1

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Retention and Turnover Strategy How To Onboarding Software 246

Homebase

MAY 10, 2023

Employee turnover can be one of your biggest costs as a restaurant owner. High employee turnover is a common battle that restaurants face. If you’re experiencing high employee turnover in your restaurant, you’re not alone. What is employee turnover in the restaurant industry? Fortunately, you’re in the right place.

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Hiring Software Onboarding Software Retention and Turnover Staffing Software 52

15Five

JANUARY 11, 2023

If you’re at the coffee bar throwing back espresso shots this morning because you were up all night worrying about turnover at your company, you’re not alone. 15Five’s latest research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. What is turnover?

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Retention and Turnover Retirement HR Software Talent Experience 246

Sterling Check

APRIL 13, 2022

Travel began its rebound in 2021 and the momentum continues in 2022. In fact, Expedia dubbed 2022 the year of the GOAT— greatest of all trips — predicting that this year’s leisure travelers are chomping at the bit for bigger, better vacations. The message to the hospitality industry? Retention Strategies are a Must.

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Hiring Software Onboarding Software Staffing Software Recruiting Software 70

Homebase

DECEMBER 15, 2023

Holding onto great employees is challenging in the retail industry. No wonder the retail industry experiences 60% turnover annually.[ McKinsey , 2022] That means you may be replacing over half of your team each year. No wonder the retail industry experiences 60% turnover annually.[

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Hiring Software Staffing Software Retention and Turnover Onboarding Software 52

Edcor

MAY 20, 2024

Hospitals have faced an average RN workforce turnover of 102.6% The turnover shot up to 27.1% Turnover rates vary anywhere from 5.6% depending on the size of the hospital according to the 2024 NSI National Health Care Retention & RN Staffing Report. The report also highlights how costly the turnover can get.

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Retention and Turnover Strategy Hiring Software Staffing Software 52

Recruit CRM

FEBRUARY 15, 2022

Better Employee Retention A whopping 95% of employers believe that remote working positively impacts retention. Better employee retention also means a reduced talent turnover rate! In addition, with a broader net for attracting top talent, remote hiring opens the door to a far more diverse workforce.

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Hiring Software Recruiting Software Interview Software Assessment Software 64

DailyPay

NOVEMBER 29, 2022

Few industries have higher stakes than healthcare, where errors can result in poor patient care and potentially life-threatening situations for patients. Lorem Ipsum is simply dummy for the printing and typesetting industry. Offering on-demand pay can boost employee retention as well as attract new employees to fill staffing gaps.

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Staffing Retention and Turnover Wellness Case Study 52

Extensis

SEPTEMBER 29, 2022

From boosting employee retention rates to safeguarding against industry disruptions, here’s how L&D can benefit today’s SMBs, and how working with a PEO can simplify the process. 18% lower turnover rates in high-turnover organizations. 43% lower turnover rates in low-turnover organizations.

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Retention and Turnover Hiring Software HR Planning HR Software 69

Analytics in HR

DECEMBER 11, 2023

Overstaffing usually occurs when a business faces a quick boom and a sudden decline due to industry trends or conditions. 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. What are the signs of overstaffing?

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Hiring Software Staffing Software Recruiting Software Planning Tools 98

HR Brew

AUGUST 6, 2024

The sector has faced widespread job vacancies since 2021, when the Great Resignation led to rising turnover rates across industries. She’s embarked on several strategies to boost retention and ensure that all employees across the organization’s locations feel they are part of one cohesive team.

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AI Recruiting HR Software Interview Software Recruiting Software 276

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%. The Nashville Predators switched to DailyPay when they partnered with Oak View Group, a global venue development and investment company in the sports and entertainment industries.

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Ceridian Retention and Turnover ADP Survey 283

DailyPay

DECEMBER 15, 2022

According to a 2022 study from PWC , financially stressed employees are three times as likely to feel a negative impact on their mental health due to money worries. According to a 2022 survey from Nurse.org , 77% of nurses feel unsupported at work and 84% feel they are underpaid.

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Retention and Turnover Case Study Staffing Software eBook 52

Slayton Search Partners

DECEMBER 12, 2023

As competition for top talent grows, PE firms must reevaluate their leadership needs and strengthen retention strategies. The private equity industry has entered a lull. Effective leadership—and the ability to attract and retain talent across the organization—can revitalize activity in the industry while elevating agility within firms.

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Retention and Turnover Talent Acquisition Diversity Strategy 45

AvilarHR

OCTOBER 1, 2024

Compounding the issue is that, according to a CyberArk survey , nearly two thirds of practitioners report feeling overwhelmed by their workloads, leading to burnout and higher turnover rates. Skills Gap It’s not simply a lack of personnel that is the obstacle to a company’s cyber resilience.

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HR Software Hiring Software Staffing Software AI Recruiting 65

FingerCheck

NOVEMBER 7, 2022

Does HR in property management and real estate differ from other industries? Yes, it does because employee turnover is very high. This is the first installment in our series about Human Resources in the property management and real estate industries. billion in 2022 to $37.3 Work Email (Required). billion by 2029.

Hiring Software 52

Hiring Software HR Software Interview Software Staffing Software 52

FingerCheck

NOVEMBER 7, 2022

Does HR in property management and real estate differ from other industries? Yes, it does because employee turnover is very high. This is the first installment in our series about Human Resources in the property management and real estate industries. billion in 2022 to $37.3 Work Email (Required). billion by 2029.

Hiring Software 52

Hiring Software HR Software Interview Software Staffing Software 52

Payactiv

JULY 18, 2023

Like many industries, QSR operators are feeling the impact of an ongoing labor shortage coupled with high turnover rates. It’s not surprising that the industry has a high turnover rate. It’s not surprising that the industry has a high turnover rate. hours per week.

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Staffing Software Hiring Software Recruiting Software Onboarding Software 52

CoreCentive

NOVEMBER 1, 2023

In the dynamic world of healthcare and hospitals, where lives are on the line daily, employee burnout, turnover, and shortages can have serious consequences. Although many understand the positive impact of employee engagement, recent statistics reveal the pressing need for employee engagement in the healthcare industry.

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Employee Recognition Retention and Turnover Employee Engagement Staffing 52

Keka HR Blog

APRIL 17, 2023

Is Industry 4.0 According to Gartner , in 2022, organizations employed one full-time HR for every 69 employees as against a historical norm of 1 to 100. She wrote, “We took the people out of People Operations yesterday…Don’t be evil. See you on the other side.” How did we get here? fraying this soon?

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HR Planning Video Recruiting HR Software Hiring Software 98

Sterling Check

JULY 5, 2022

Healthcare organizations were strained to their limits during the start of the pandemic, and in 2022, its effects are still persistent. This study included 157 HR decision-makers at large US healthcare organizations and was released in April 2022.). The Pandemic Remains the Biggest Challenge for Talent Acquisition and Retention Teams.

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Staffing Software Onboarding Software Staffing Onboarding 52

15Five

MAY 31, 2023

The purpose of this award program is to help buyers and employers understand some of the best companies in the industry for technology selection needs. The problems we solve Modern organizations are plagued by ineffective management, regrettable turnover, and disengaged employees not hitting performance goals.

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HR Software Onboarding Software Planning Tools Retention and Turnover 278

Zenefits

JUNE 20, 2022

These include staff: Retention. This, in turn, strengthens employee loyalty to the company and reduces turnover. These checks and balances aren’t just crucial for employee recruitment and retention; they are the law. What’s your biggest 2022 HR challenge that you’d like to resolve. Engagement.

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HR Planning Resources Strategy Hiring Software 68

Homebase

OCTOBER 4, 2022

Despite these significant headwinds, there are some reasons to be comparatively more optimistic for the restaurant industry. The restaurant industry was especially hard-hit by Covid. However, the industry has made progress recovering: Total restaurant sales increased from $66.3 billion in August 2022 (adjusting for inflation).

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Hiring Software Wage and Hour Training Staffing Software Survey 52

Visier

JANUARY 28, 2016

Healthcare has long been a highly regulated industry with a diverse and specialized workforce — one that’s hard to hire and even harder to retain at the best of times. According to a survey by NSI Nursing Solutions, the average cost of turnover for a bedside RN ranges from $44,380 to $63,400. Too few staff (49% of respondents).

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Retention and Turnover Hiring Software Onboarding Software HR Software 150

HR Brew

APRIL 2, 2024

The Bureau of Labor Statistics’ (BLS) latest Job Openings and Labor Turnover Summary (JOLTS) released on April 2, showed that job openings , separations, and the hiring rate “changed little” from January to February. million in March 2022, the BLS noted. million in March 2022, the BLS noted. “[The] What’s happening?

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Report Compensation Hiring Industry 205

cipHR

AUGUST 6, 2023

Research from the CIPD backed this up, finding that 6% of employees switched jobs in 2022 due to a lack of flexible working options, and 12% left their profession entirely. This, in turn, enhances employee satisfaction, retention and overall productivity. That add ups to between two and four million workers.

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Onboarding Software Hiring Software Staffing Software HR Software 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. The costs associated with employee turnover present a continual challenge in addition to the damaging effects on company culture. Strategies for Employee Retention.

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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 212

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.

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Retention and Turnover Onboarding Software Recruiting Software Planning Tools 102

A Slice of HR

JULY 18, 2024

Photo: Amy Hirschi // Unsplash Do you find that your employee turnover rates are higher than you’d like? Small businesses struggle with employee retention for plenty of reasons, especially in the uncertain business climate we’ve experienced in the past few years. But value alignment is important in setting a positive work culture.

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Hiring Software Assessment Software Retention and Turnover Recruiting Software 97

15Five

SEPTEMBER 28, 2022

Our research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. And while low retention has always been an expensive business problem, the cost of employee turnover is compounded when you lose high performers. Watch the HR Hacks Summit on demand.

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Retention and Turnover How To High Performance Culture Survey 201