ShiftNote

APRIL 3, 2025

Getting Ready for Summer Weve all seen itMemorial Day hits and suddenly the line at Ritas Water Ice is wrapping around the corner, or the Alexs Lemonade Stand crew is hustling to keep up with a crowd that seems to appear out of nowhere. For more on this, check out our article on Reducing Employee Turnover.

Staffing Software 59

Staffing Software Planning Tools Staffing Bonuses and Incentives 59

Achievers

DECEMBER 19, 2024

Did you know that for entry-level positions, turnover costs range from 30% to 50% of the employees annual salary ? To combat these challenges, many organizations turn to retention bonuses financial incentives designed to inspire loyalty and encourage employees to stay. What is an employee retention bonus?

Bonuses and Incentives 227

Bonuses and Incentives Retention and Turnover Assessment Software Recruiting Software 227

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.

HR Software 52

HR Software Staffing Software Hiring Software Recruiting Software 52

Netchex HR Blog

OCTOBER 10, 2024

Recruiting and retention are areas that can be particularly boosted. The Importance of Employee Benefits: Recruiting, Retention, and More Employee benefits are indispensable, even in hourly jobs where they used to be less common. High turnover is a nightmare for HR and productivity.

Recruiting Software 63

Recruiting Software Employee Benefits Hiring Software Onboarding Software 63

Hppy

NOVEMBER 25, 2024

If you want to know how to effectively reduce employee turnover in the biomanufacturing industry, you need to understand the industry’s unique challenges, where turnover is high for several key reasons. So, what can you do to reduce employee turnover in biomanufacturing? This article offers several helpful suggestions.

Bonuses and Incentives 91

Bonuses and Incentives Retention and Turnover How To Industry 91

AIHR

JULY 26, 2022

Let’s explore what headcount planning is and how you can implement headcount planning best practices at your business. Let’s have a look at what this means in recruitment. For example, HR financial planning impacts salary increases, health insurance, and monetary incentives (like sales incentives and retention bonuses).

HR Planning 143

HR Planning Planning Tools HR Software Hiring Software 143

Netchex HR Blog

JULY 11, 2024

Struggling with the expense of turnover, employers are complaining about the end of workplace loyalty. Internal talent mobility is great for retention , and it benefits your company at the same time. Look for essential features in payroll software that let you manage incremental raises, overtime, and bonus incentives.

Hiring Software 105

Hiring Software Talent Experience 10KC Recruiting Software 105

AIHR

MARCH 21, 2023

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? Vacancies stay open for more extended periods.

Hiring Software 119

Hiring Software Retention and Turnover Compliance Training Compensation 119

Business Management Daily

NOVEMBER 11, 2024

Narrowing down exactly what it means can be confusing, as, at first glance, it may seem like a fancy word for human resource management. Compensation HCM strategically offers compensation through salaries, bonuses, perks, and employee benefits to attract and retain top talent.

Human Capital Management 52

Human Capital Management Hiring Software Onboarding Software Planning Tools 52

FingerCheck

OCTOBER 19, 2023

A high employee retention rate is often a sign of a healthy business. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention? Employee retention is the science of reducing employee turnover. What Are the Benefits of Employee Retention?

Talent Experience 52

Talent Experience 10KC Retention and Turnover Strategy 52

Achievers

JUNE 29, 2017

What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What Is a Retention Specialist Exactly?

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Retention and Turnover Hiring Software Recruiting Software HR Planning 162

AIHR

FEBRUARY 6, 2024

If you’re wondering why recruitment goals are important, consider this: With unemployment at its lowest level in over 50 years , organizations are fiercely competing to land the best candidates to fill their vacancies. As business author Zig Ziglar said: “If you aim at nothing, you will hit it every time.”

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AI Recruiting Video Recruiting Recruiting Software Hiring Software 105

Empuls

OCTOBER 9, 2023

Healthcare employee turnover:  stats & facts Healthcare employee turnover refers to the rate at which healthcare workers leave their jobs within a given time frame, either voluntarily or involuntarily, and are replaced. Here are some facts sheding light on the problem of turnover in healthcare industry.

Hiring Software 52

Hiring Software Staffing Software Recruiting Software Planning Tools 52

AIHR

FEBRUARY 28, 2024

HR analytics originates from data housed within Human Resources and is aimed at optimizing HR functions. Example: Annual employee turnover rate.) At AIHR, we see HR analytics as identifying the people-related drivers of business performance. The two may often be used interchangeably, but technically there is a subtle difference.

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HR Planning Analytics HR Software Hiring Software 124

Sterling Check

APRIL 13, 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. The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. Retention Strategies are a Must.

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Hiring Software Onboarding Software Staffing Software Recruiting Software 70

AIHR

MAY 29, 2024

This can take many forms, from taking a course or certificate program like the ones we offer at AIHR to simply brushing up on their knowledge of (the latest) HR terms. It includes overtime pay , bonuses, sick leave payments, tips, commissions, and anything else paid in addition to someone’s regular earnings. ” 10.

COMPAS 111

COMPAS HR Software HR Planning Hiring Software 111

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. More and more healthcare workers are asking for shorter and more flexible working shifts.

Industry 52

Industry Hiring Software Staffing Software Bonuses and Incentives 52

Extensis

JULY 24, 2024

Total rewards include compensation, benefits, well-being initiatives, and recognition, and help companies increase productivity, retention rates, and talent acquisition success. This can include wages and bonuses as well as recognition, workplace flexibility, and career opportunities.

Hiring Software 105

Hiring Software Assessment Software HR Planning Planning Tools 105

AIHR

JULY 9, 2024

An Incentive Research Foundation study revealed that employee incentive and reward programs increased business productivity rates by 22% , while SHRM reported that 79% of employees would work harder if they felt their employer consistently recognized their efforts. Contents What is an employee incentive program?

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Bonuses and Incentives Examples Hiring Software HR Software 52

Empuls

SEPTEMBER 20, 2024

Employee incentives that work are essential for boosting motivation, engagement, and productivity within an organization. Research consistently shows that effective incentive programs lead to higher performance levels, lower turnover rates, and ultimately, a stronger bottom line. What is an Employee Incentive?

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Bonuses and Incentives Planning Tools Retention and Turnover Wage and Hour Training 52

HR Lineup

JULY 20, 2024

This can occur in various ways, from directly reaching out to employees through professional networks like LinkedIn to offering enticing incentives that lure them away from their current positions. Poor Communication: Ineffective communication and lack of transparency from management can contribute to employee disengagement and turnover.

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Bonuses and Incentives Hiring Software Retention and Turnover Interview Software 98

MTM Recognition

SEPTEMBER 4, 2024

Implementing an effective recognition program not only improves morale but can also drive better performance, increase safety awareness, and boost employee retention—key factors for decision-makers in this field. Implementing a tenure recognition program can help reduce turnover by acknowledging the dedication of long-term employees.

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Retention and Turnover Employee Recognition Bonuses and Incentives Benchmarking 98

HRsoft

APRIL 8, 2025

At the recent Consero Total Rewards conference, the HRSoft team explored how organizations can leverage pay-for-performance models to drive engagement, retention, and business growth. Balancing Short-Term and Long-Term Incentives A strong pay-for-performance model balances immediate rewards with future incentives.

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Bonuses and Incentives Retention and Turnover Compensation Talent Experience 52

Vantage Circle

MARCH 26, 2025

These intangible rewards tap into our intrinsic motivation, fostering a sense of purpose that financial incentives alone can't match. Unlike bonuses that provide a temporary boost, intangible rewards cultivate long-term fulfillment. Intangible rewards are non-monetary incentives that do not have any direct financial value.

Examples 80

Examples Bonuses and Incentives Retention and Turnover Career Development 80

Business Management Daily

JUNE 6, 2023

Extrinsic motivation encourages acting in a certain way to obtain an external incentive such as money, a perk, or public recognition. The bonus given to the month’s top performer at Jack’s company is an example. The global analytics firm Gallup regularly looks at this question in detail, so let’s look at some metrics.

Bonuses and Incentives 52

Bonuses and Incentives Retention and Turnover Video Recruiting Staffing Software 52

HR Lineup

SEPTEMBER 24, 2024

In today’s dynamic workforce, HTR has gained prominence due to its emphasis on improving employee experience, driving employee retention, and supporting business objectives through better management of human resources. Effective onboarding leads to higher employee satisfaction and retention.

Hiring Software 98

Hiring Software AI Recruiting Onboarding Software Recruiting Software 98

AIHR

JULY 31, 2023

Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs. Rewards include salary, perks, and benefits like health insurance, remote work, and performance-based bonuses. Let’s take a look at some of them. These are the HRM outcomes.

HR Planning 90

HR Planning Resources Hiring Software Onboarding Software 90

15Five

APRIL 21, 2022

Because they’re not getting a complete picture, some employees may feel undervalued or under-compensated, ultimately leading to turnover. bonuses, commissions) Long-term incentives (e.g. That increased transparency can lead to better candidate acceptance rates and increased employee retention.

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Compensation Bonuses and Incentives Data Retention and Turnover 264

Hoops

MARCH 21, 2025

When it comes to talent retention , companies are constantly searching for the secret sauce. Its easy to assume that competitive pay is enough, but the reality is that there are several other factors at play. However, the way compensation is structured can make a big difference in retention.

Retention and Turnover 130

Retention and Turnover Strategy Onboarding Software Bonuses and Incentives 130

Vantage Circle

FEBRUARY 3, 2025

I’m sure you’ve played with puzzles at some point. Interestingly, employee retention works a lot like that puzzle. Also, you’ll be shocked to know that, The average cost of turnover per employee can be thousands of dollars. In this blog, we’ll discuss the five main drivers of employee retention.

Examples 66

Examples Retention and Turnover Bonuses and Incentives Hiring Software 66

Zalaris

JULY 25, 2024

High employee turnover can be costly, both in terms of recruitment expenses and the loss of institutional knowledge and expertise. By prioritising employee satisfaction and implementing effective retention strategies, companies can minimise these costs and maintain a stable, skilled workforce. These components include: 1.

Compensation 52

Compensation Bonuses and Incentives Recruiting Software Planning Tools 52

cipHR

AUGUST 9, 2023

At its best, data is an invaluable strategic asset. Turnover rate High staff turnover is expensive and can hurt morale and productivity. HR teams can track their overall turnover rate either month-by-month or annually, which includes all leavers including those who are dismissed, made redundant, or retire.

HR Planning 52

HR Planning Hiring Software HR Software Onboarding Software 52

Empuls

DECEMBER 19, 2024

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention. Thoughtful incentive ideas can go beyond standard rewards to spark enthusiasm, increase loyalty, and foster a stronger sense of team unity. 

Bonuses and Incentives 40

Bonuses and Incentives Hiring Software Assessment Software Retention and Turnover 40

Empuls

DECEMBER 24, 2024

Work incentives are critical for enhancing employee motivation, satisfaction, and productivity. Research indicates that companies with effective incentive programs can see a 25% increase in productivity and a 20% reduction in turnover rates. Various organizations have adopted innovative strategies to encourage their workforce. 

Bonuses and Incentives 52

Bonuses and Incentives Hiring Software Planning Tools Assessment Software 52

HR Lineup

MARCH 29, 2024

Bonuses and Commissions: Additional incentives provided to employees based on performance, sales targets, or other predefined criteria. Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate.

Hiring Software 52

Hiring Software Wage and Hour Training Assessment Software Recruiting Software 52

HRExecutive

APRIL 8, 2024

Just consider the amount of productivity, experience and institutional knowledge that voluntarily walked out the door at the height of the Great Resignation. Mitigating the costs of employee turnover for frontline workers isn’t just an HR issue. Employee engagement is vital to business, especially when it comes to frontline workers.

Retention and Turnover 125

Retention and Turnover Onboarding Software Recruiting Software Planning Tools 125

Hppy

DECEMBER 17, 2020

When turnover is high in a business, it can have a negative impact on the culture, which in turn means that attracting the best talent is compromised. In this article we explore different ways to help build a successful employee retention strategy. Why care about employee retention? How to engage and motivate employee.

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Hiring Software Strategy Retention and Turnover Onboarding Software 143