ClearCompany HRM

JANUARY 25, 2022

There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. 73% of employers say they’re having trouble filling open roles, a problem that 70% expect to persist well into 2022. Use the results to inform your retention strategy and learn how to best support employees.

ClearCompany 370

ClearCompany Hiring Software Onboarding Software Retention and Turnover 370

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.

HR Planning 73

HR Planning HR Software Hiring Software Onboarding Software 73

DailyPay

JANUARY 17, 2023

The combination of a competitive labor market, staffing shortages and increased labor costs are some of the contributing factors that present major challenges for healthcare employers in the last few years. High turnover rates can significantly increase costs for healthcare employers. The average hospital lost $5.2–9

Retention and Turnover 52

Retention and Turnover Paycom AI Recruiting Video Recruiting 52

Sterling Check

APRIL 20, 2023

Continued staffing shortages, higher turnover, a growing interest in travel nursing options and remote work, and now the uncertainty in the current macro-economic landscape, is stretching HR teams thin and making hiring even more of a challenge. View 2022 Benchmark Report Takeaways Blog 2.

Staffing Software 52

Staffing Software Onboarding Software Retention and Turnover Hiring 52

15Five

MAY 19, 2023

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

HR Planning 264

HR Planning Metrics HR Software Hiring Software 264

Recruit CRM

FEBRUARY 15, 2022

Almost two years back, the pandemic had brought about a complete change in the field of recruitment (almost overnight)—forcing talent acquisition teams and recruiters to come up with an alternative. Of course, many organizations started a hiring freeze , but the show must go on in the end! The remaining 84.5%

Hiring Software 64

Hiring Software Recruiting Software Interview Software Assessment Software 64

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. Excessive turnover can become a never-ending loop, with the poor conditions causing more workers to quit. It doesn’t have to be that way.

HR Software 52

HR Software Staffing Software Hiring Software Recruiting 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.

Retention and Turnover 52

Retention and Turnover Strategy Hiring Software Staffing Software 52

Analytics in HR

DECEMBER 11, 2023

After recruiting hundreds of employees to handle pandemic-driven demand, Amazon was faced with overstaffing issues. Poor forecasting : When an organization miscalculates the number of people needed to run a new project, more employees may be hired than actually required. The company subsequently laid off 99,000 direct employees.

Hiring Software 98

Hiring Software Staffing Software Recruiting Software Planning Tools 98

Precheck

FEBRUARY 14, 2022

Reducing costs. Burnout can contribute to employee turnover, which can disrupt workplaces and increase costs for facilities. Hiring and onboarding employees appropriately can also encourage employee retention and engagement. This may require different approaches to attracting and hiring top talent.

HR Software 109

HR Software Hiring Software Retention and Turnover Onboarding Software 109

Keka HR Blog

APRIL 17, 2023

You were there when it happened. The meetings to discuss the need to hire recruiters. And just like that, my entire world changed – Blair, devastated, wrote on LinkedIn. To meet the growing demand of the digital boom, overoptimistic firms made the HR hire in droves. The job postings on LinkedIn. The applications.

HR Planning 98

HR Planning Video Recruiting HR Software Hiring Software 98

Homebase

MAY 10, 2023

Employee turnover can be one of your biggest costs as a restaurant owner. From creating a job posting , to interviewing candidates , to providing training , employees require a huge investment in both cost and time. High employee turnover is a common battle that restaurants face. And when they leave, it can be expensive.

Hiring Software 52

Hiring Software Onboarding Software Retention and Turnover Staffing Software 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

Retention and Turnover 246

Retention and Turnover Strategy How To Onboarding Software 246

ClearCompany HRM

JULY 28, 2022

This post was originally published in October 2019 and updated in July 2022 to reflect new information about how employee recognition impacts employee engagement and productivity. A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. 43% lower turnover for low-turnover companies.

ClearCompany 440

ClearCompany Employee Engagement Hiring Software Productivity 440

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. ” Many types of training fall under this umbrella, including: Onboarding and new hire programs. Recruit top talent.

Retention and Turnover 69

Retention and Turnover Hiring Software HR Planning HR Software 69

Homebase

DECEMBER 15, 2023

No wonder the retail industry experiences 60% turnover annually.[ McKinsey , 2022] That means you may be replacing over half of your team each year. There’s no reason why you can’t enjoy high retention rates if you can overcome these issues. The answer is to hire a mix of different ages, backgrounds, and personalities.

Hiring Software 52

Hiring Software Staffing Software Retention and Turnover Onboarding Software 52

HR Brew

APRIL 30, 2024

Indeed, 76% of employees surveyed by ADP between December 2021 and January 2022 said it is important that their employer offer EWA. And 93% of surveyed employers who offer EWA said doing so has positively impacted their retention rates. And, in turn, it can help employers retain talent. The bottom line?

Retention and Turnover 342

Retention and Turnover ADP Immedis Talent Experience 342

Engagedly

MARCH 10, 2023

It’s been a tough couple of months for many people around the globe, with global mass layoffs hitting hard in the middle of 2022 and continuing into the beginning of 2023. Finally, we’re seeing more emphasis being placed on soft skills in recruiting.

Staffing Software 52

Staffing Software AI Recruiting Video Recruiting Staffing 52

Degreed

AUGUST 16, 2022

And it’s costing us all. Having a large skills gap can create added stress, lower the quality of work , slow down employee productivity and create disengagement with your workforce, which leads to issues with retention and cuts into your bottom line. Bringing in External Talent Sometimes you have to hire outside talent or consultants.

Hiring Software 96

Hiring Software Staffing Software Compliance Training Interview Software 96

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

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. In 2022, QSRs already cut operating hours by an average of 6.4 One way to combat turnover is to improve aspects other than pay.

Staffing Software 52

Staffing Software Hiring Software Recruiting Software Onboarding Software 52

Vantage Circle

DECEMBER 21, 2022

Using employee engagement KPIs is now integral to measuring your organization's engagement level. What Is An Employee Engagement KPI? Employee Engagement Key Performance Indicator (KPI) is a tool used to measure the engagement and its impact on the business. Improves employee retention. Turnover Rate.

Employee Engagement 90

Employee Engagement Hiring Software Retention and Turnover Retirement 90

Zenefits

JUNE 20, 2022

However, there are two mindsets that people use when considering employees: the cost mindset and the asset mindset. Loosely defined , it’s the policies and procedures used for employee: Recruitment. These include staff: Retention. This will help retain talented staff and prevent issues with new hires. Engagement.

HR Planning 68

HR Planning Resources Strategy Hiring Software 68

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. Data and KPIs will help you identify ways you can improve your onboarding process. New Hire Onboarding Statistics.

Onboarding Software 212

Onboarding Software Onboarding Hiring Software Data 212

Vantage Circle

DECEMBER 19, 2023

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. High employee turnover is costly and disruptive. Companies with data-driven PeopleOps teams use a range of metrics to gauge their success in retaining their workforce. This article explores these employee retention metrics.

Metrics 97

Metrics Hiring Software Retention and Turnover Assessment Software 97

AvilarHR

OCTOBER 1, 2024

The shift comes from multiple factors, including budget cuts, layoffs, and hiring freezes. 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.

HR Software 65

HR Software Hiring Software Staffing Software AI Recruiting 65

HRExecutive

JULY 23, 2024

With the slight drop in demand in some labor markets, organizations may be hiring fewer people, but mounting business challenges are placing an increased emphasis on the speed to productivity and successful retention of each new hire. A specific offer of help to make the new hire feel supported and at ease.

Onboarding 107

Onboarding Hiring Retention and Turnover Immedis 107

15Five

NOVEMBER 10, 2021

But with more people now working remotely, those office perks aren’t much help for recruiters. That means, your potential new hire likely cares more about what kind of culture you’re offering than the dollar amount on their offer letter. Strategic employee engagement = easier recruiting and better retention.

Employee Engagement 246

Employee Engagement Hiring Software Recruiting Software HR Software 246

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. Senior RNs?

Retention and Turnover 150

Retention and Turnover Hiring Software Onboarding Software HR Software 150

Keka HR Blog

APRIL 17, 2023

You were there when it happened. The meetings to discuss the need to hire recruiters. And just like that, my entire world changed – Blair, devastated, wrote on LinkedIn. To meet the growing demand of the digital boom, overoptimistic firms made the HR hire in droves. The job postings on LinkedIn. The applications.

HR Planning 52

HR Planning Video Recruiting HR Software Hiring Software 52

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. However, there are indirect costs that drive the number even higher. Is it a desirable place to work?

Retention and Turnover 102

Retention and Turnover Onboarding Software Recruiting Software Planning Tools 102

MP Wired For HR

OCTOBER 22, 2024

This technology allows organizations to forecast workforce needs by analyzing current employee performance, turnover rates, and skills gaps. By tracking these metrics, HR teams can make proactive decisions about hiring, training, and compensation.

Planning Tools 108

Planning Tools Hiring Software Onboarding Software HR Software 108

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. PA leaders say that labor supply and demand, and attrition and rising wages have the greatest potential to disrupt their companies in the coming year.

Analytics 116

Analytics Hiring Software AI Recruiting Planning Tools 116

HRExecutive

JANUARY 4, 2024

Any HR leader today would likely agree: Recruiting and retaining top talent is their most pressing priority. However, as economic and market conditions change, employers aren’t as singularly challenged by recruiting and retention—which, experts say, could suggest increasing opportunities to strategize for long-term people success.

AI Recruiting 129

AI Recruiting HR Software Hiring Software Recruiting Software 129

HR Lineup

JANUARY 4, 2022

In this regard, we have prepared this article to take you through the 2022 employee turnover and retention trends. As a result, you will be able to comfortably manage your workers and reduce employee turnover. More importantly, this employee turnover trend boosts employee retention.

Retention and Turnover 77

Retention and Turnover Trends Hiring Software Planning Tools 77

Analytics in HR

JANUARY 9, 2024

Given today’s talent shortages and high staff turnover rates, internal recruitment can be a smart strategy. LinkedIn’s Global Talent Trends report found that employees tend to stick around 41% longer in companies that regularly hire from within, while a Hiring & Job Search Outlook Report found that 49.5%

AI Recruiting 113

AI Recruiting Recruiting Software Recruitment Examples 113

cipHR

AUGUST 6, 2023

identifies eight commonly recognised types of flexible working, each of which offers its own benefits: Working from home – grants employees the freedom to carry out their tasks and responsibilities remotely, providing convenience and potentially reducing commuting time and costs. In fact, gov.uk

Onboarding Software 52

Onboarding Software Hiring Software Staffing Software HR Software 52