Extensis

SEPTEMBER 6, 2024

Quick look: 401(k)s are the most popular retirement plans in the U.S. Here, we explore the many potential benefits of 401(k) plans for SMB employers, including improved employee retention rates, more successful recruiting, and decreased tax liability. When people think of a retirement savings plan, many think of a 401(k).

Planning Tools 103

Planning Tools Retirement Hiring Software Recruiting Software 103

cipHR

AUGUST 6, 2023

In July of 2023, the Flexible Working Bill gained Royal Assent and is expected to come into force sometime in 2024. This, in turn, enhances employee satisfaction, retention and overall productivity. One of the key reasons for this improvement is the reduction in employee turnover rates.

Onboarding Software 52

Onboarding Software Hiring Software Staffing Software HR Software 52

Semos Cloud

MARCH 9, 2023

March 9, 2023 By Ivo Jurcic Unfortunately, the current shortage of skilled laborers in manufacturing is only a continuation of long-term industry-specific problems. In this blog post, we’re going to talk about the impact of employee recognition on retention and talent attraction. million unfilled manufacturing positions in the U.S.

Employee Recognition 52

Employee Recognition Hiring Software HR Software Hiring 52

HR Digest

MARCH 12, 2025

According to a 2023 SHRM survey, 68% of employees prefer jobs with top-tier benefits over higher pay. Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., Meanwhile, the Great Resignation highlighted how inadequate perks can fuel turnover a costly lesson for businesses lagging behind.

HR Planning 72

HR Planning Bonuses and Incentives Retention and Turnover Examples 72

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.

AI Recruiting 136

AI Recruiting HR Software Hiring Software Recruiting Software 136

HRExecutive

APRIL 8, 2024

alone. - Advertisement - Globally, 20% of frontline workers surveyed in 2023 said they planned to leave their jobs in the near future. Mitigating the costs of employee turnover for frontline workers isn’t just an HR issue. Research suggests that more than 50 million workers took part in this mass exodus in the U.S.

Retention and Turnover 125

Retention and Turnover Onboarding Software Recruiting Software Planning Tools 125

ClearCompany HRM

JANUARY 31, 2023

Thanks to these retention challenges and widespread uninspiring onboarding experiences, employee onboarding is the top recruiting focus at 40% of responding companies in 2023. Track New Hire Turnover Over One Year New hire turnover may seem like an obvious metric to keep an eye on, but do you know when it’s happening most?

Onboarding Software 409

Onboarding Software ClearCompany Onboarding Hiring Software 409

Recruiters Lineup

AUGUST 3, 2023

This article highlights the top ten employee financial wellness platforms in 2023, focusing on their core features. Additionally, some financial wellness programs may offer debt management strategies, retirement planning tools, and access to financial coaches who can provide one-on-one guidance.

Planning Tools 97

Planning Tools Recruiting Software Software Wellness 97

Best Money Moves

JUNE 25, 2024

increase between 2022 and 2023 alone. [ 1 ] The Financial Health Pulse 2023 U.S. As of September 2023, about 43% of Millennials and 28% of Gen Z carried at least some student loan debt. Emergency and retirement savings have taken the biggest hit. Emergency and retirement savings have taken the biggest hit.

Retention and Turnover 102

Retention and Turnover Retirement Assessment Software Wage and Hour Training 102

6Q

JULY 27, 2023

This article delves into the reasons behind the escalating attrition rates and provides a comprehensive set of strategies that organisations can adopt to enhance employee retention, foster a positive work environment, align employee aspirations with organisational goals, and ultimately drive long-term business success. What can companies do?

Strategy 98

Strategy Onboarding Software Hiring Software Company 98

HR Digest

FEBRUARY 27, 2025

Social Security retroactive payments for benefits withheld since December 2023 started rolling out yesterday with most wrapping up by late March. For instance, a 58-year-old payroll specialist with a state pension might now receive an extra $700 in monthly retirement. Audit staff with non-Social Security pensions.

Retention and Turnover 52

Retention and Turnover Retirement Policies Payroll 52

Cupa HR

MAY 8, 2024

The workforce retention challenges higher education has been experiencing post-pandemic might just be letting up. A recent trend analysis of turnover data collected in CUPA-HR’s annual higher education workforce surveys found that in 2023-24, voluntary turnover rates for faculty and staff trended downward for the first time in three years.

Trends 52

Trends Retention and Turnover Retirement Analysis 52

ClearCompany HRM

JULY 20, 2023

Hospitals see an incredible 100% turnover every five years and lose as much as $9 million annually due to turnover. Even today, McKinsey reports that 40% of RNs working in direct patient care say they plan to leave their jobs — a number that rose 5% from fall 2022 to March 2023.

AI Recruiting 195

AI Recruiting Hiring Software ClearCompany Staffing Software 195

Empuls

NOVEMBER 15, 2024

Companies with effective employee loyalty programs can reduce turnover by up to 25%. Loyalty programs for employees not only enhance retention but also boost morale and job satisfaction. Options may include health and wellness programs, retirement plans, or lifestyle benefits like gym memberships and childcare support. 

Hiring Software 52

Hiring Software Planning Tools Assessment Software Recruiting Software 52

AIHR

SEPTEMBER 13, 2023

Chief Talent Officer Salary : $237,000 – $436,000 Job description The Chief Talent Officer manages the recruitment, development, and retention of executives and business leaders in an organization. Strategic thinking: Develop executive talent management and retention strategies.

HR Software 105

HR Software HR Planning Hiring Software Recruiting Software 105

HR Digest

JANUARY 12, 2025

As of 2023, women held 43% of managerial positions at PepsiCo globally, a testament to the programs impact. Improved Retention Rates: By addressing key employee concerns and fostering a supportive environment, PepsiCo has reduced turnover by 15% since 2018.

HR Software 52

HR Software Planning Tools Retention and Turnover Diversity 52

Great Place to Work

MARCH 18, 2025

Concerned with turnover and employee retention? Support financial well-being Delta Air Lines heard from an employee survey of more than 40,000 employees in 2023 that financial wellness was a top concern. Since launching in 2023, over 20,000 employees have engaged with the program. to 7:00 a.m.,

Wellness 59

Wellness HR Software Interview Software Planning Tools 59

ClearCompany HRM

FEBRUARY 27, 2024

The industry averaged 445,000 job openings per month in the last three months of 2023 —a record number. Workforce management tasks include recruiting, hiring, training, scheduling, performance evaluations, engagement, and retention. Construction companies are in the midst of a labor shortage that isn’t letting up.

Workforce Planning 432

Workforce Planning Planning Tools ClearCompany HR Planning 432

Extensis

JANUARY 17, 2023

Quick look: 401(k)s are the most popular retirement plans in the U.S., Here, dive into the many potential benefits of 401(k) plans for SMB employers, including improved employee retention rates, more successful recruiting, and decreased tax liability. When people think of a retirement savings plan, many think of a 401(k).

Planning Tools 98

Planning Tools Retirement Retention and Turnover Hiring Software 98

HRsoft

JANUARY 11, 2023

Here are 4 trends to track for 2023. You can begin by understanding four trends that will make a prominent impact in 2023. Turnover Remains High Across All Industries Employee turnover is the rate of losing and replacing talent. And it’s going to be a major factor for organizations in 2023. A looming recession.

Compensation 52

Compensation Trends Retention and Turnover Hiring Software 52

Best Money Moves

APRIL 9, 2024

About 60% of employees say that they are financially stressed, according to PwC’s 2023 Employee Financial Wellness survey , and for those earning $100,000+ annually, 1 in 2 employees report having financial stress. Together, these factors can lead to higher attrition and employee turnover. money coaching, budgeting tools, etc.)

Employee Engagement 97

Employee Engagement Wellness Productivity Planning Tools 97

Empuls

AUGUST 27, 2024

A Glassdoor 2023 survey found that, based on the sentiment of over 1,100 U.S. Seen by the decline in turnover rate significantly, the newly introduced plan had a startling result, resulting in an increase of 25% in employee satisfaction. adults, job seekers indeed value benefits while considering opportunities.

Employee Benefits 40

Employee Benefits HR Planning Employer Branding Retention and Turnover 40

Primalogik

SEPTEMBER 19, 2024

To accomplish your organizational goals, it’s vital to address employee attrition and reduce turnover. Let’s take a look at some key stats about attrition vs. turnover. By understanding how to manage attrition and turnover, you can take advantage of these positive trends to improve retention in your organization.

HR Software 52

HR Software HR Planning Hiring Software Retention and Turnover 52

Business Management Daily

JUNE 21, 2023

Employee turnover has been on the rise for many years now in the US, and that trend isn’t set to change anytime soon. In fact, voluntary turnover is set to hit 35% in 2023 , which has been steadily rising since hitting an all-time high in 2018. What’s employee turnover rate?

Metrics 52

Metrics Retention and Turnover Hiring Software Onboarding Software 52

AIHR

JULY 12, 2024

W-2s), and other related documents Enroll in, change, or manage their benefits plans, including health insurance, retirement plans, and other perks Update their contact details, address, emergency contacts, and other personal information directly in the HR system Clock in and out, log work hours, and track their attendance records.

HR Software 105

HR Software Hiring Software Onboarding Software Planning Tools 105

Bayzat

OCTOBER 31, 2024

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Non-monetary rewards and recognition are equally important in driving employee engagement, satisfaction, and retention.

Compensation 52

Compensation Talent Experience 10KC Bonuses and Incentives 52

HRExecutive

MARCH 12, 2024

Improving workforce planning is also a leading priority for HR leaders, who predict (on average) nearly 20% turnover in 2024. Employees also voiced a priority toward sustainable investment options in retirement plans. When this relationship is positive, it drives retention.

AI Recruiting 124

AI Recruiting HR Software HR Planning Talent Experience 124

HRExecutive

JANUARY 18, 2024

He asserts that companies offering such benefits will gain a competitive edge in talent retention. The majority of respondents placed the offering in the same “essentials” category as traditional benefits such as retirement plans and life insurance. There is evidence that on-demand pay pulls in candidates.

Hiring Software 126

Hiring Software HR Software Planning Tools Ceridian 126

Semos Cloud

OCTOBER 14, 2022

30 Employee Perks to Retain Employees in 2023. This blog post reveals the latest trends, so read on to get inspired to perk up your perk offering for 2023. Mercer’s 2022 Health & Benefits Strategies report finds that “70% of all large employers are planning benefit enhancements for 2023”. 1 driver of retention is benefits.

Retention and Turnover 52

Retention and Turnover Planning Tools Employer Branding Talent Experience 52

Engagedly

OCTOBER 26, 2022

From layoffs and furloughs in 2020, hiring sprees in 2021, and high inflation rates in 2022, it’s challenging to determine what the headwinds and opportunities will look like in 2023. 6 Ways to Prepare for a Remote Workforce in 2023. Let’s dive into a few ways to prepare your organization for a remote workforce in 2023.

Planning Tools 52

Planning Tools Hiring Software Video Recruiting How To 52

Slayton Search Partners

MARCH 15, 2023

As 2023 opened with the threat of a looming recession, many leaders of the industrial manufacturing sector could only sigh a little deeper. But that doesn’t change the fact that C-suite turnover in industrial manufacturing is ballooning. 2023 appears to be a make-or-break year for the industrial sector.

Industry 40

Industry Hiring Software Retention and Turnover AI Recruiting 40

Vantage Circle

SEPTEMBER 11, 2023

Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more. For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs.

HR Software 52

HR Software Planning Tools Hiring Software Onboarding Software 52

AIHR

FEBRUARY 10, 2023

Improving employee retention : Employee benefit offerings vary with each organization, and some will suit workers’ needs better than others. As a result, companies rated highly on compensation and benefits experience 56% lower employee turnover. A focus on total employee well-being is one of the key HR trends for 2023.

Employee Benefits 116

Employee Benefits HR Software Wage and Hour Training Planning Tools 116

Tandem HR

OCTOBER 24, 2023

PwC’s 2023 Employee Financial Wellness Survey further stresses this issue, revealing that 60% of full-time employees worry about finances. These tools guide employees in budgeting, building credit, analyzing retirement needs, and much more. Furthermore, consider the potential impact on employee turnover.

Recruiting Software 64

Recruiting Software Retention and Turnover HR Software Retirement 64

Cupa HR

JANUARY 8, 2025

Our most-read articles of 2024 reflect this, with a focus on employee retention, the responsible use of artificial intelligence, and data-informed approaches to fostering an equitable and effective talent pipeline. This spring, we will launch the 2025 Employee Retention Survey to help institutions understand retention trends.

HR Software 52

HR Software Retention and Turnover AI Recruiting Planning Tools 52

Empuls

APRIL 26, 2023

Employee turnover is one of the most important issues confronting retailers today. According to LinkedIn , the average retail turnover rate is one of the top turnover rates besides accommodation and entertainment. What is the retail turnover rate? Turnover rates are often calculated annually or quarterly by companies.

Retention and Turnover 40

Retention and Turnover Wage and Hour Training Hiring Software Background screening 40

GetFive

NOVEMBER 4, 2022

This week in HR, real estate pros are predicting an office real estate apocalypse, employees are reeling because of inflation and a meaningful dip in retirement accounts, unsurprisingly, employee dissatisfaction is up, HR is shifting focus from hiring to retention, and company exec teams are focused on purpose.

Retention and Turnover 52

Retention and Turnover Retirement Survey Study 52