15Five

OCTOBER 30, 2023

Employee turnover is an increasingly significant challenge across nearly every industry, and the decline started well before the Great Resignation. These outcomes are inextricably linked, making retention mission-critical to your business. What causes employee turnover? years to 4.1

Retention and Turnover 240

Retention and Turnover Strategy How To Onboarding Software 240

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. Those elements may include a strong value proposition and positive culture, where employees have a voice—at least according to Joanne Rodgers, CHRO at New York Life.

Video Recruiting 292

Video Recruiting Retention and Turnover CHRO Talent Experience 292

Fond

JANUARY 21, 2020

Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. High Turnover and High Growth. The Cost of Turnover.

Retention and Turnover 111

Retention and Turnover Onboarding Software Hiring Software Staffing Software 111

DailyPay

JUNE 14, 2021

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at the health care industry. Market analysts say that health care’s turnover is second worst , only to hospitality.

Retention and Turnover 59

Retention and Turnover Staffing Software Staffing Hiring Software 59

15Five

JANUARY 18, 2024

Excessive turnover can cripple an otherwise healthy organization. While all organizations have to accept some level of turnover, too much of it can significantly affect performance. That’s why knowing what a turnover rate is and keeping track of it is important for HR departments. It turns feelings and impressions (e.g. “I

Hiring Software 241

Hiring Software Retention and Turnover Onboarding Software HR Software 241

Homebase

JUNE 22, 2023

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? Employee turnover is when workers leave the business they work for.

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

Business Management Daily

JUNE 14, 2023

Organizations in the US have had a problem with high turnover rates ever since 2018, when they hit an all-time high. Turnover rates have continued to increase ever since, especially during The Great Resignation — where more than 47 million Americans voluntarily quit their jobs. Does your company’s turnover rate need work?

Retention and Turnover 52

Retention and Turnover How To HR Planning Retirement 52

DailyPay

NOVEMBER 13, 2018

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at employee turnover rates for hotels. There are ways to reduce turnover in the hospitality industry.

Retention and Turnover 52

Retention and Turnover Industry Wage and Hour Training Staffing Software 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 Retention and Turnover Strategy Hiring Software 52

15Five

NOVEMBER 14, 2023

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Course 245

Course Retention and Turnover HR Software Metrics 245

Payactiv

FEBRUARY 29, 2024

recent years, the definition has broadened to include the concept of employee well-being: how an organization protects and improves employees’ physical, emotional, and financial wellness. The reporting expectations among ESG authorities pertaining to well-being in the workplace and employer roles are also increasing.

Recruiting Software 52

Recruiting Software PayActiv Staffing Software Recruitment 52

Achievers

SEPTEMBER 12, 2024

Employee turnover rates are a crucial metric for organizations to monitor, as they show how frequently employees leave the company. Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response.

Retention and Turnover 123

Retention and Turnover Hiring Software Employer Branding Recruiting Software 123

DailyPay

JANUARY 17, 2023

How Financial Wellness Benefits can Tackle Staffing Shortages in Healthcare. Since being well-staffed remains a challenge in the industry, employers should focus on how they can enrich the employee experience, leading to higher retention rates. High turnover rates can significantly increase costs for healthcare employers.

Retention and Turnover 52

Retention and Turnover Paycom AI Recruiting Video Recruiting 52

DailyPay

NOVEMBER 6, 2018

What does turnover look like in the caregiving industry and how are recruiting and retention practices evolving? Understand the effects turnover has on the healthcare industry and reduce it. The staffing issues at caregiving facilities are a result of several factors. The Cost of Turnover in the Caregiving Industry.

Retention and Turnover 52

Retention and Turnover Wage and Hour Training Industry Staffing Software 52

Homebase

MAY 10, 2023

Employee turnover can be one of your biggest costs as a restaurant owner. High employee turnover is a common battle that restaurants face. If you’re experiencing high employee turnover in your restaurant, you’re not alone. What is employee turnover in the restaurant industry? And when they leave, it can be expensive.

Hiring Software 52

Hiring Software Onboarding Software Retention and Turnover Staffing Software 52

DailyPay

JULY 13, 2021

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often. READ THE EBOOK.

Wage and Hour Training 52

Wage and Hour Training Retention and Turnover Hiring Software Compliance Training 52

EmployeeConnect

AUGUST 28, 2024

Employee turnover is a significant challenge for businesses across the globe, particularly in today’s competitive job market. High turnover rates can lead to increased recruitment and training costs, disruption of team dynamics, and a loss of valuable organisational knowledge.

HR Software 130

HR Software Hiring Software Onboarding Software Recruiting Software 130

EmployeeConnect

AUGUST 27, 2024

Employee turnover is a significant challenge for businesses across the globe, particularly in today’s competitive job market. High turnover rates can lead to increased recruitment and training costs, disruption of team dynamics, and a loss of valuable organisational knowledge.

HR Software 130

HR Software Hiring Software Onboarding Software Recruiting Software 130

EmployeeConnect

AUGUST 27, 2024

Employee turnover is a significant challenge for businesses across the globe, particularly in today’s competitive job market. High turnover rates can lead to increased recruitment and training costs, disruption of team dynamics, and a loss of valuable organisational knowledge.

HR Software 130

HR Software Hiring Software Onboarding Software Recruiting Software 130

Dr. John Sullivan

DECEMBER 3, 2023

The silliest practice in retention is counting all quits equally in your turnover calculations. So the purpose of this article is to “open your mind” about the problem of measuring only aggregate “total turnover. Which I call “devastating turnover.”An Which I call “devastating turnover.”An

Retention and Turnover 146

Retention and Turnover AI Recruiting Hiring Software Diversity 146

Hppy

NOVEMBER 15, 2024

Employee retention remains a top priority for companies worldwide. Turnover costs add up quickly, and hiring new talent doesn’t just hit the budget hard, it disrupts team dynamics and slows down productivity. Measuring happiness might sound like a soft metric, but it’s a game-changer for retention when approached strategically.

Metrics 91

Metrics Retention and Turnover Strategy Compliance Training 91

15Five

DECEMBER 7, 2023

Scaling Growth, Engagement, and Retention Rapidly scaling any company while maintaining engagement and retention is a daunting challenge for HR and People teams. Scott Morgan, Head of Growth at Pendo, experienced this firsthand as Pendo expanded from 200 to 1,000 employees. Pendo is a trailblazer in product experience platforms.

Onboarding Software 263

Onboarding Software Onboarding Retention and Turnover HR Software 263

HRExecutive

NOVEMBER 18, 2024

New hire retention is a measure that organizations often use to assess the strength of their recruiting process. Given the impact that poor new hire retention has across the business and the collective effort that is needed to keep it strong, this is a measure that should be on everyone’s dashboard.

Retention and Turnover 117

Retention and Turnover Hiring Onboarding Data 117

ClearCompany HRM

APRIL 12, 2022

As workers continue to resign, the benefits of employee retention have never been so apparent and companies are naming retention a top priority this year. With 50% of CEOs saying that recruitment and retention are one of their biggest challenges in 2022, it’s time to turn to more creative ways to retain employees.

ClearCompany 384

ClearCompany Hiring Software Retention and Turnover Interview Software 384

Hire Road

SEPTEMBER 13, 2024

Reducing Turnover: Strategies for Employee Retention You need a skilled and stable workforce to maintain productivity and adequately serve your customers. If turnover runs rampant, though, you’ll incur unsustainable costs, poor morale, and poor team chemistry.

Retention and Turnover 52

Retention and Turnover Strategy Hiring Software Background screening 52

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

Retention and Turnover 244

Retention and Turnover HR Planning Onboarding Employee Recognition 244

Accurate Background

OCTOBER 17, 2024

In today’s competitive job market, high employee turnover is more than just a minor inconvenience—it’s a significant financial drain. With the average annual turnover rate in the U.S. And, as if employee churn wasn’t painful enough, recruiting new talent to fill all this turnover isn’t cheap.

Retention and Turnover 52

Retention and Turnover Employee Benefits Hiring Software Onboarding Software 52

Hppy

OCTOBER 30, 2023

For HR Managers, Chief Talent Managers, and Chief Happiness Officers, employee engagement and retention are top-of-mind concerns. You’re already well aware that employee wellness programs are not just an HR trend but a business imperative. The State of Employee Disengagement and Turnover Gallup reports a mere 34% of U.S.

Retention and Turnover 113

Retention and Turnover Wellness HR Software Analytics 113

ClearCompany HRM

JANUARY 25, 2022

There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. 73% of employers say they’re having trouble filling open roles, a problem that 70% expect to persist well into 2022. Use the results to inform your retention strategy and learn how to best support employees.

ClearCompany 370

ClearCompany Hiring Software Onboarding Software Retention and Turnover 370

HR Brew

AUGUST 6, 2024

Leading HR at any company hasn’t been a breeze over the last few years, and nonprofit organizations are no exception. The sector has faced widespread job vacancies since 2021, when the Great Resignation led to rising turnover rates across industries. What’s the best change you’ve made at a place you’ve worked?

AI Recruiting 370

AI Recruiting HR Software Interview Software Recruiting Software 370

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 241

HR Planning Retention and Turnover Objectives & Key Results HR Software 241

ExactHire

NOVEMBER 10, 2022

Employee retention is the secret ingredient for long-term growth and competitive differentiation. Why is Employee Retention Important? High retention helps attract the best talent as a company grows. This is because h igh employee retention rates contribute to: Consistency in operations leading to efficiency and growth.

Retention and Turnover 246

Retention and Turnover Hiring Software Onboarding Software Onboarding 246

Achievers

JANUARY 26, 2021

The employee turnover rate across all industries is 10.9 Here are five helpful questions to ask yourself in order to avoid (or at least minimize) the number of times you’ll face employee turnover. . It’s not complicated: You simply have to monitor and support your workers’ well-being.

Retention and Turnover 314

Retention and Turnover Hiring Software Planning Tools Recruiting Software 314

Fond

AUGUST 27, 2020

Today’s human resources professionals understand that finding and hiring top talent is only half the battle — if you’re replacing standout employees every couple of years, it’s time to seek out new employee retention ideas that will motivate employees to stay with your company. Why We Need to Talk About Employee Retention.

Retention and Turnover 128

Retention and Turnover Hiring Software HR Planning Planning Tools 128

Dr. John Sullivan

DECEMBER 10, 2023

The silliest practice in retention is counting all quits equally in your turnover calculations. Descriptors … retention/good turnover – eye-opening – how to – data-rich – 4 min. They are Devastating, Regrettable, Average, and Good Turnover in descending order of impact. This practice is silly and naïve.

Retention and Turnover 78

Retention and Turnover Harassment Talent Experience Talent Management 78

Hppy

JUNE 10, 2024

In a sector notorious for high turnover, how can HR departments personalize the employee experience to drive engagement and retention? Generation X: Self-reliant and focused on work-life balance, Gen Xers respond well to flexible schedules and remote work options where possible. But what about your employees?

HR Software 91

HR Software Hiring Software Onboarding Software Interview Software 91

DecisionWise

APRIL 13, 2024

Employee engagement and retention play a pivotal role in the success of any organization, and manufacturing companies are no exception. In this article, we’ll delve into strategies to enhance employee satisfaction, reduce turnover, and create a positive work environment within manufacturing organizations.

Employee Engagement 130

Employee Engagement Decisionwise Retention and Turnover Onboarding Software 130