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. Pay attention to resumes.

HR Software 52

HR Software Staffing Software Hiring Software Recruiting 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

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Retention and Turnover Strategy How To Onboarding Software 246

Precheck

FEBRUARY 14, 2022

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. How Can HR Leaders Help Healthcare Achieve the ‘Quadruple Aim’? Antique Nguyen Marketing Manager. Reducing costs.

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HR Software Hiring Software Retention and Turnover Onboarding Software 109

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. Skills training.

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Retention and Turnover Hiring Software HR Planning HR Software 91

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. But even your temporary staff may appreciate training.

Hiring Software 52

Hiring Software Staffing Software Retention and Turnover Onboarding Software 52

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

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 370

15Five

JANUARY 16, 2024

Finding, onboarding, and training a replacement employee can cost anywhere from 30-400% of what you were paying the person who left. Here’s a treasure trove of stats on employee retention in 2024. Employee Turnover Statistics Quit rates decreased from Q4 2022 to Q4 2023. years in 2022. From sources like the U.S.

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Retention and Turnover Onboarding Software HR Software Interview Software 245

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. Retention Strategies are a Must. The message to the hospitality industry?

Hiring Software 70

Hiring Software Onboarding Software Staffing Software Recruiting Software 70

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. Employees are not cross-trained : Inadequate cross-training inhibits employees from performing tasks beyond their job descriptions.

Hiring Software 91

Hiring Software Staffing Software Recruiting Software Planning Tools 91

Qualigence Blog

JULY 3, 2023

In 2022, a record 50.6 If you’re serious about making a difference in turnover and retaining great people, this is your resource! It’s no surprise that this dramatically undercuts employee retention. Having the training, tools, and support your team members need to do their job effectively is also essential.

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Staffing Software How To Retention and Turnover Analytics 94

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

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

Degreed

AUGUST 16, 2022

L&D leaders know upskilling (especially digital upskilling) and reskilling are top priorities, describing them as the most important functions of their L&D programs after leadership and management training. Trillion on IT in 2022. What is the skills gap? Bridging the Skills Gap. Organizations across the world will spend $4.4

Hiring Software 96

Hiring Software Staffing Software Compliance Training Interview Software 96

HR Bartender

SEPTEMBER 19, 2023

He provides training and education to improve accountability and defensibility of organizations investigative processes. We’ve often talked about how technology solutions can help us reduce time on administration so we can shift our focus to other aspects of the business such as recruitment, training, and employee retention.

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HR Software Recruiting Software Planning Tools Retention and Turnover 356

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. So, adding the right AI tools and providing good training and support to build AI skills can be a win-win for your cybersecurity team and the company.

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HR Software Hiring Software Staffing Software AI Recruiting 65

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.

HR Planning 68

HR Planning Resources Strategy Hiring Software 68

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.

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Keka HR Blog

APRIL 17, 2023

You, the HR. The inductions, the training of hundreds of new employees. According to Gartner , in 2022, organizations employed one full-time HR for every 69 employees as against a historical norm of 1 to 100. The job postings on LinkedIn. The applications. The promotions and the increments. The reaching of targets. Is Industry 4.0

HR Planning 98

HR Planning Video Recruiting HR Software Hiring Software 98

Hppy

DECEMBER 19, 2021

There are, indeed, many benefits you can get from focusing on employee retention, such as 1) reducing turnover 2) improving your team’s morale and motivation, 3) lowering acquisition and training time, 4) increasing overall productivity, 5) provide individual attention, and 6) give your employees opportunities to grow.

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Strategy Retention and Turnover Time and Attendance Compliance Training 121

FingerCheck

NOVEMBER 7, 2022

Yes, it does because employee turnover is very high. billion in 2022 to $37.3 In the United States, those numbers translate to 33,300 job openings for property, real estate and community association managers per year through 2031, according to the Bureau of Labor Statistics report in October 2022. Work Email (Required).

Hiring Software 52

Hiring Software HR Software Interview Software Staffing Software 52

FingerCheck

NOVEMBER 7, 2022

Yes, it does because employee turnover is very high. billion in 2022 to $37.3 In the United States, those numbers translate to 33,300 job openings for property, real estate and community association managers per year through 2031, according to the Bureau of Labor Statistics report in October 2022. Work Email (Required).

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. 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.

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Staffing Software Hiring Software Recruiting Software Onboarding Software 52

15Five

MAY 31, 2023

The problems we solve Modern organizations are plagued by ineffective management, regrettable turnover, and disengaged employees not hitting performance goals. 15Five’s then nascent Transform product, offering live and on-demand training and coaching, was brought in by HR at many organizations to up-skill managers to lead from a distance.

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HR Software Onboarding Software Planning Tools Retention and Turnover 278

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. You can start by offering training and development sessions to ensure their talent keeps on progressing.

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Retention and Turnover Trends Hiring Software Planning Tools 77

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. Gallup reports employee engagement in the healthcare industry has dropped faster than any other sector, 7 points between 2019 and 2022.

Employee Recognition 52

Employee Recognition Retention and Turnover Employee Engagement Staffing 52

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.

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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 244

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 134

15Five

NOVEMBER 16, 2023

Tackling Turnover Award The Tackling Turnover Award highlights HR leaders have meaningfully reduced turnover at their company through key initiatives, acting on engagement data, or resolving a cultural issue. The positive feedback reflects Joey’s capability to address leadership’s concerns and drive change that matters.

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HR Software Assessment Software Planning Tools Retention and Turnover 246

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. Much of the total cost involves the direct expenses associated with recruitment , onboarding, training and the like.

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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

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

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HR Shelf

JULY 8, 2022

Lately, there has been an increase in the importance of corporate training programs’ for employee retention and developing a trained workforce for the future. Although “development” and “training” are interchangeably used, employee training and development are distinct.

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Compliance Training Training Retention and Turnover Onboarding Software 98

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.

Hiring Software 97

Hiring Software Assessment Software Retention and Turnover Recruiting Software 97

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. This article explores these employee retention metrics. We can keep tabs on retention in real time by tracking these aspects of employee retention. Did you know?

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Metrics Hiring Software Retention and Turnover Assessment Software 97