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. If you’re facing any level of turnover, it’s important to identify the root cause. This takes time, work, the right tools, and a lot of trust, but it’s more than worth it.

Retention and Turnover 245

Retention and Turnover Onboarding Software HR Software Interview Software 245

Payactiv

NOVEMBER 20, 2024

In this article, we’ll deep dive into hospitality industry turnover and explore potential solutions to help employers navigate this challenging environment. Average Employee Turnover Rate in the Hospitality Industry The average turnover rate in the hospitality sector is currently 4.9% , compared to the average of 3.2%

Sexual Harassment 52

Sexual Harassment Hiring Software Background screening Staffing Software 52

Extensis

DECEMBER 5, 2024

Quick look: As 2024 comes to a close, it’s time for HR professionals to review, reflect, and fine-tune their processes to ensure compliance, enhance employee satisfaction, and streamline operations. Archive old records: Securely store or dispose of records in accordance with data retention policies and legal requirements.

Assessment Software 69

Assessment Software HR Software HR Planning Hiring Software 69

Payactiv

OCTOBER 3, 2024

However, the industry is renowned for its extremely high turnover rate. As of May 2024, the average employee turnover rate in the restaurant industry was 5.5%, compared to 3.4% Calculating Your Restaurant’s Turnover Rate Before planning how to reduce your QSR’s turnover rate, you need to understand your current levels.

PayActiv 52

PayActiv Wage and Hour Training Retention and Turnover Hiring Software 52

Analytics in HR

FEBRUARY 28, 2024

Example: Annual employee turnover rate.) They used an integrated workforce analytics tool to sort through data and detect the top causes of attrition. With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards.

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

Terryberry

MAY 16, 2024

By using workforce analytics tools to monitor metrics in your organization, you can identify risks before they snowball and take action to minimize any negative impact. The software also includes tools to help you best utilize data in one central location, including data analysis capabilities and data preparation tools.

HR Software 52

HR Software Hiring Software Recruiting Software Planning Tools 52

HR Stacks Blog

JUNE 13, 2024

Table of Contents Sources of Workplace Stress Workplace Stress, Engagement, and Turnover Stress Management Programs Important Workplace Stress Statistics Sources of Workplace Stress Understanding what’s really causing stress is key to taking effective proactive steps. Source: Gallup Job stress costs U.S.

Retention and Turnover 59

Retention and Turnover Staffing Software Onboarding Software Report 59

Analytics in HR

AUGUST 16, 2024

Improved new hire retention: Candidates who have a more positive experience during the hiring journey are often more engaged, productive, and motivated at work. Tool tip: You can use a generative AI tool like ChatGPT to quickly generate a job description based on predefined guidelines. A Full Guide + FREE Form Template 2.

Recruiting Assessments 98

Recruiting Assessments AI Recruiting Recruiting Software Hiring Software 98

15Five

JANUARY 9, 2024

Read on for some key takeaways and an action plan you can put in place in 2024. Consider the following four steps to making it happen in 2024. Maybe this year, engagement and retention are paramount after high regrettable turnover last year. Think about how those factors influence your people and culture goals for 2024.

HR Software 245

HR Software Hiring Software AI Recruiting Recruiting Software 245

EmployeeConnect

FEBRUARY 14, 2024

One constant challenge remains at the forefront: Talent Acquisition and Retention. As we navigate through the complexities of the modern workforce in 2024, organisations are recognising the critical importance of attracting top talent and, equally importantly, keeping them engaged and committed for the long haul.

Talent Acquisition 148

Talent Acquisition Hiring Software Recruiting Software HR Software 148

Terryberry

APRIL 29, 2024

BambooHR — Best HRIS for remote-friendly HR tools 5. These tools are growing in popularity, and for good reason. An HCM solution today often incorporates digital assistants, AI, and other tools that enable users to collaborate and share information across teams.

HR Software 52

HR Software Onboarding Software Hiring Software Planning Tools 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

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. Harness AI Tools to Augment Cybersecurity Efforts Artificial intelligence is already changing how bad actors are attacking individuals and businesses.

HR Software 65

HR Software Hiring Software Staffing Software AI Recruiting 65

Homebase

DECEMBER 1, 2023

This increases team turnover which is bad for business—morally and financially. Good time management leads to employee happiness, which leads to higher retention, which leads to saving money in your business. Bonus tip: Work with a software system that allows your tools to talk to each other, like scheduling and payroll.

Hiring Software 52

Hiring Software Planning Tools Staffing Software Retention and Turnover 52

HR Lineup

MAY 10, 2024

Employee turnover continues to pose significant challenges for businesses in 2024, particularly amidst evolving workplace dynamics and shifting employee expectations. High turnover rates can adversely affect organizational performance, morale, and overall productivity. Strategies for Reducing Employee Turnover 1.

Retention and Turnover 83

Retention and Turnover Strategy Interview Software Assessment Software 83

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

Vantage Circle

JUNE 7, 2024

However with many employee survey tools out there, choosing the right one feels overwhelming. A top-notch employee survey tool needs to tick some big boxes. This blog breaks down the need-to-know employee survey tools that cater to your needs and deliver. Why Use Employee Survey Tools?

Onboarding Software 88

Onboarding Software Planning Tools Hiring Software Interview Software 88

Bayzat

FEBRUARY 7, 2024

In 2024, the global market for HR Tech Startups was calculated to have a value of USD 23,179.2 Bayzat and similar platforms provide compliance tools and updates tailored to the specific requirements of UAE labor laws. million, and estimates suggest that the market will grow to over USD 32,776 million by 2031.

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

Hppy

DECEMBER 13, 2023

In 2024, the world of work will continue to change, bringing unique challenges and opportunities. This results in increased productivity, reduced turnover, and a thriving work environment. Additionally, they are more likely to stay with the company, resulting in lower turnover.

Employee Engagement 113

Employee Engagement Strategy Retention and Turnover HR Software 113

Analytics in HR

AUGUST 20, 2024

Enhanced talent retention: Employees who are more engaged and motivated at work are more likely to remain with the organization. This can boost employee motivation, performance, and retention. Read more How To Create an Effective Employee Recognition Program (in 2024) 7.

Performance Management 126

Performance Management Strategy Assessment Software Planning Tools 126

DecisionWise

JANUARY 11, 2024

What’s Happening at DecisionWise JANUARY WEBINAR 2023 was a challenging year for organizations, from hybrid work to DEI efforts, compensation, retention, and workload pressures. Development is all about moving forward—equipping them with tools and support. DecisionWise got together for a fantastic end-of-year Christmas Party.

Decisionwise 130

Decisionwise Assessment Software HR Software Planning Tools 130

15Five

AUGUST 8, 2023

You may have also seen AI capabilities rolling out in some of your human resources tools, with more solutions on the way. Personalized employee experience at scale Research has shown year after year that highly engaged teams are more productive, have less turnover, and generate more revenue.

AI Recruiting 242

AI Recruiting HR Software Hiring Software HR Planning 242

Extensis

JUNE 19, 2024

Quick look: On September 4, 2024, non-compete clauses will be banned for most U.S. Additionally, business leaders can boost retention by improving their benefits packages, workplace culture, internal advancement opportunities, and more. Employee recognition Saying “thank you” matters.

Competencies 106

Competencies Wage and Hour Training Retention and Turnover Recruiting Software 106

Extensis

SEPTEMBER 26, 2024

A benefits specialist has the power to create a compelling benefits package that will attract and excite candidates—ultimately reducing the company’s costs associated with turnover. The post HR Professional Day 2024: 10 Reasons to Thank Your HR Team appeared first on ExtensisHR. In fact, nearly 70% of U.S.

HR Software 106

HR Software HR Planning Hiring Software Onboarding Software 106

Linkedin Talent Blog

JUNE 10, 2024

In fact, 73% of hiring pros say hiring based on skills is a priority, according to LinkedIn’s Future of Recruiting 2024 report. Has dropping degree requirements boosted employee retention and engagement ? At the same time, as companies face serious skills shortages , skills-based hiring is helping them widen the talent pool.

AI Recruiting 52

AI Recruiting Hiring Software Assessment Software Recruiting Software 52

Best Money Moves

JUNE 25, 2024

Financial stress in 2024: Revealing insights about Americans and Money. Here are the top statistics updated for 2024. Household debt coming into 2024 soared to $17.3 Gen Z saw a 62% increase in credit card debt between March 2022 and February 2024. trillion, with a notable 16.6% increase between 2022 and 2023 alone. [

Retention and Turnover 102

Retention and Turnover Retirement Assessment Software Wage and Hour Training 102

MP Wired For HR

OCTOBER 22, 2024

Top Ways to Leverage Technology for Workforce Planning October 22nd, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn As we’ve discussed earlier in our most recent blog series , effective workforce planning is crucial for organizations aiming to maintain a competitive edge.

Planning Tools 100

Planning Tools Hiring Software Onboarding Software HR Software 100

Analytics in HR

AUGUST 12, 2024

It reported that organizations with highly engaged employees saw a 51% drop in turnover (for low-turnover companies) and a 23% rise in profitability. Its workplaces supply nutritious food and beverage options, mental health support, digital health tools, and exercise opportunities. What drives employee engagement?

Employee Engagement 105

Employee Engagement Examples Planning Tools HR Software 105

Analytics in HR

JUNE 25, 2024

When done well, onboarding positively impacts performance, job satisfaction, and retention. This issue originates from the extensive use of digital tools—81% of new hires state their organizations employ at least six apps or digital tools, while 33% use eleven or more. In the U.S.,

Onboarding Software 115

Onboarding Software Onboarding Hiring Software Trends 115

Vantage Circle

DECEMBER 10, 2024

That’s where HR analytics tools come in. These HR tools transform raw data into actionable insights, helping organizations improve hiring, retention, and overall workforce management. If you want to improve HR data analytics or understand your workforce better, these tools are worth a look.

HR Software 52

HR Software Hiring Software Recruiting Software Planning Tools 52

Contact Monkey - HR

OCTOBER 3, 2024

To jumpstart your selection process, we’ve rounded up the best employee feedback tools in the game. The best employee feedback tools are ones that solve specific challenges unique to your organization, culture, and strategic business initiatives. Uncovers blind spots : Employee feedback tools reveal hidden issues and areas for growth.

HR Software 98

HR Software Onboarding Software Assessment Software Planning Tools 98

HR Lineup

JULY 30, 2024

Employee retention is a critical challenge for organizations across industries. High turnover rates can lead to increased costs, decreased morale, and disruptions in productivity. To address this issue, many companies are turning to employee retention software, which uses advanced technologies to help retain top talent.

HR Software 62

HR Software Planning Tools Assessment Software Recruiting Software 62

15Five

DECEMBER 27, 2023

Our top prize recognition came in the category, “Best Advance in Talent Management Measurement/Business Impact Tools.” It’s the word impact from the category name, “Best Advance in Talent Management Measurement/Business Impact Tools,” that really sticks out to us as we think about how meaningful this win is.

HR Software 188

HR Software Planning Tools Groups AI Recruiting 188

Analytics in HR

FEBRUARY 19, 2024

These metrics cover a wide range of areas, including recruitment, retention, training, employee satisfaction, performance, and productivity. Optimizing costs: By analyzing recruitment, training, and turnover costs, HR metrics help in allocating budgets efficiently and identifying cost-saving opportunities.

Metrics 105

Metrics HR Software Hiring Software HR Planning 105

Vantage Circle

NOVEMBER 27, 2024

Research shows that effective onboarding processes can boost retention rates by 82% and improve productivity by over 70%, highlighting just how critical this phase is to long-term success. By the end, you’ll have a comprehensive guide to selecting the perfect tool for a seamless onboarding experience.

Onboarding Software 75

Onboarding Software Hiring Software HR Software Recruiting Software 75

Trusaic

APRIL 4, 2024

Leverage Pay Equity Software Tools If you are concerned with your standing in the pay equity landscape, it behooves you to leverage pay equity software to advance efforts. Various factors such as turnover, labor market dynamics, promotions, pay increases, etc. directly influence your organization’s pay equity.

Hiring Software 130

Hiring Software Planning Tools Analysis Retention and Turnover 130

HR Lineup

AUGUST 6, 2024

In 2024, managing the employee lifecycle efficiently is paramount for organizations aiming to attract, develop, and retain top talent. Employee Lifecycle Management (ELM) software is a comprehensive tool designed to streamline and manage all stages of an employee’s journey within an organization.

HR Software 89

HR Software Onboarding Software Hiring Software Recruiting Software 89