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. Pay attention to resumes.

HR Software 52

HR Software Staffing Software Hiring Software Recruiting Software 52

ClearCompany HRM

DECEMBER 9, 2021

Head into 2022 with new ideas to engage your A Players. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. Regular feedback can lead to nearly 15% lower turnover, and as we know, a great majority of employees want more feedback. Be Transparent.

ClearCompany 382

ClearCompany Employee Engagement Strategy Retention and Turnover 382

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

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.

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Staffing Software Onboarding Software Retention and Turnover Hiring 52

HR Brew

MAY 29, 2024

As the competition for talent remains fierce, HR pros should consider the elements of a successful recruitment and retention strategy. The insurance company’s employee turnover rate was 7% in 2023, compared to 10% in 2022, she told HR Brew. The average turnover rate in US businesses was 17.3%

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Video Recruiting Retention and Turnover CHRO Talent Experience 224

15Five

JANUARY 16, 2024

Here’s a treasure trove of stats on employee retention in 2024. Employee Turnover Statistics Quit rates decreased from Q4 2022 to Q4 2023. Fewer people quit their jobs at the end of 2023 (2.2%) than at the end of 2022 (2.7%). Fewer people quit their jobs at the end of 2023 (2.2%) than at the end of 2022 (2.7%).

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Retention and Turnover Onboarding Software HR Software Interview Software 245

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?

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Retention and Turnover ADP Immedis Talent Experience 342

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. Liven up routine and repetitive tasks A survey discovered 46.5%

Hiring Software 52

Hiring Software Staffing Software Retention and Turnover Onboarding Software 52

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.

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ClearCompany Employee Engagement Hiring Software Productivity 440

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

HR Planning 246

HR Planning Retention and Turnover Objectives & Key Results HR Software 246

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. For instance, Meta had more than 80,000 staff in September 2022. Collect and analyze employee data, including productivity, turnover rates , and project timelines.

Hiring Software 98

Hiring Software Staffing Software Recruiting Software Planning Tools 98

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%. More than three-fourths (76%) of employees ADP surveyed between December 2021 and January 2022 said it’s important that their employer offers EWA.

Ceridian 283

Ceridian Retention and Turnover ADP Survey 283

Degreed

AUGUST 16, 2022

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. Trillion on IT in 2022. All of these impacts can lead to a big loss in revenue from the top to the bottom line.

Hiring Software 96

Hiring Software Staffing Software Compliance Training Interview Software 96

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

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

Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. So, helping your employees tackle their stress can keep your retention up — and battling financial stress specifically is key. .

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Wellness Retention and Turnover HR Software Survey 115

15Five

MAY 19, 2023

(It’s also helpful to reference when asking for support on programs to boost retention. The less turnover you have, the less you have to spend on filling vacant roles.) Employee engagement rate Gallup’s 2022 State of the Global Workplace report shows only 21% of employees are engaged at work.

HR Planning 264

HR Planning Metrics HR Software Hiring Software 264

Zenefits

JUNE 20, 2022

These include staff: Retention. Furthermore, a proactive approach means that you can easily tailor it to the results of surveys or other employee feedback tools. This, in turn, strengthens employee loyalty to the company and reduces turnover. What’s your biggest 2022 HR challenge that you’d like to resolve.

HR Planning 68

HR Planning Resources Strategy Hiring Software 68

15Five

NOVEMBER 10, 2021

Even before the pandemic, 77% of adults across four countries (US, UK, France, & Germany) in Glassdoor’s Mission & Culture Survey said they would consider a company’s culture before applying for a job there, and 79% would consider a company’s mission and purpose before applying. It’s a vicious cycle.

Employee Engagement 246

Employee Engagement Hiring Software Recruiting Software HR Software 246

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. ISC2 estimates the unmet need for cyber professionals at about 4.8 million jobs globally.

HR Software 65

HR Software Hiring Software Staffing Software AI Recruiting 65

15Five

MAY 31, 2023

The problems we solve Modern organizations are plagued by ineffective management, regrettable turnover, and disengaged employees not hitting performance goals. This produced business results like reduced turnover and increased engagement to align teams and saves HR time. Product 2 is Engage , 15Five’s engagement survey product.

HR Software 278

HR Software Onboarding Software Planning Tools Retention and Turnover 278

Visier

JANUARY 28, 2016

Even though healthcare has been projected to add 4 million jobs — more than any other industry — between 2012 and 2022 , turnover is high and hospitals perennially face a shortfall of registered nurses (RN). In turn, better retention is likely to lead to better care and higher patient satisfaction.

Retention and Turnover 150

Retention and Turnover Hiring Software Onboarding Software HR Software 150

15Five

NOVEMBER 16, 2023

It’s all paid off, as we were named a Best Company to Work For and our Engage survey results highlight what our employees love about working here. This includes 106 action plans, 10 surveys, 13 manager skill intensives, and 26 manager group coaching sessions.

HR Software 246

HR Software Assessment Software Planning Tools Retention and Turnover 246

15Five

MARCH 29, 2022

Inefficient managers have far-reaching impacts, and can devastate crucial business metrics like turnover, retention, and morale. High turnover and poor retention. Turnover rates are one of the clearest indicators of manager efficiency. According to 15Five’s 2022 Workplace Report , over 53.8%

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Retention and Turnover eBook Metrics Talent Experience 264

15Five

OCTOBER 4, 2023

Managers have an outsized impact on the outcomes that matter most to HR leaders, including employee engagement, performance, and retention. Those lacking the necessary management skills or emotional IQ to lead effectively will struggle to drive engagement and high performance and are more likely to experience high team turnover.

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Metrics HR Software Retention and Turnover Planning Tools 246

cipHR

AUGUST 6, 2023

Flexible working options, such as remote work or telecommuting, also save employees valuable time and money that would otherwise be spent on commuting, translating into greater overall happiness and increased retention rates. This, in turn, enhances employee satisfaction, retention and overall productivity.

Onboarding Software 52

Onboarding Software Hiring Software Staffing Software HR Software 52

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

HR Bartender

JUNE 7, 2022

In a survey conducted by the Yale Center for Emotional Intelligence, nearly one in four people felt pressured to do things they know are wrong. Finally, having a software solution helps with investigations and employee concerns, and allows HR to focus on activities like recruitment, engagement, and retention. CONFIDENTIAL REPORTING.

HR Software 352

HR Software Recruiting Software Planning Tools Compliance 352

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 Strategy Retention and Turnover 122

MP Wired For HR

DECEMBER 12, 2024

Utilizing New Hire Surveys in Your Onboarding Process December 12th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn In today’s competitive job market, the onboarding process is crucial for setting new hires up for success. We will also discuss ways to improve retention.

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Onboarding Software Onboarding AI Recruiting Survey 78

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. To develop these strong relationships, recruiting leaders must prioritize trust.

Onboarding 107

Onboarding Hiring Retention and Turnover Immedis 107

MP Wired For HR

AUGUST 1, 2024

Unlocking Your Company’s Potential: The Power of Employee Engagement Surveys August 1st, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Retaining top talent is no easy feat in today’s fiercely competitive business landscape. At the heart of this strategy lies the employee engagement survey.

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Employee Engagement Survey Retention and Turnover AI Recruiting 78

HRExecutive

JANUARY 4, 2024

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. “Companies that will be ahead of this in 2024 are looking at things holistically,” Turner says.

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AI Recruiting HR Software Hiring Software Recruiting Software 129

Recruiters Lineup

OCTOBER 31, 2022

Employee survey tools make it easier for you to learn more about what your workers think and their experience in the workplace. In addition, employee survey software saves time and improves accuracy, which you cannot enjoy with printed surveys. . Best Employee Engagement Survey Tools. Vantage Pulse. Workday Peakon.

Planning Tools 91

Planning Tools Recruiting Software Survey Tools 91

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. Check out our easy-to-use Cost of Turnover Calculator.

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Retention and Turnover Strategy Onboarding Software Interview Software 126

HRExecutive

FEBRUARY 1, 2024

The last few years have held a number of monikers related to workforce trends : 2021 was often called the year of the Great Resignation, while 2022 earned the Great Reshuffle label and 2023 became the year of the so-called Great Reset. ” The post How HR can turn the tide on employee turnover this year appeared first on HR Executive.

iCIMS 103

iCIMS HR Software Hiring Software Retention and Turnover 103

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. While hybrid and remote work policies may help with employee retention and talent acquisition, PA leaders are focused on building teams to prioritize this work.

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Analytics Hiring Software AI Recruiting Planning Tools 116