EmployeeConnect

JANUARY 5, 2025

This blog explores the growing significance of people analytics, its benefits, and how organisations can leverage it to foster strategic HR initiatives. Focus on Employee Experience : Understanding employee needs and experiences is crucial for retention and engagement. Reduced Turnover High turnover rates can be costly.

HR Software 147

HR Software Hiring Software Recruiting Software Planning Tools 147

EmployeeConnect

MARCH 20, 2017

In the past, companies usually measured employee engagement by analysing turnover rates. Unfortunately, that strategy relies on 20/20 hindsight instead of identifying practical ways to reduce turnover proactively. That’s why today’s software applications for measuring key performance metrics are so valuable.

Metrics 138

Metrics Assessment Software Staffing Software Objectives & Key Results 138

Extensis

DECEMBER 20, 2023

Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles. On the other hand, many employees are choosing to work past the traditional retirement age or return to work after retiring.

HR Trends 102

HR Trends HR Software HR Planning Trends 102

Achievers

NOVEMBER 29, 2024

In this blog, we’ll explore how incentive theory shapes workplace strategies and the impact it has on employee engagement and performance. This investment in their development can reduce turnover by fostering long-term loyalty. What is incentive theory?

Bonuses and Incentives 256

Bonuses and Incentives Objectives & Key Results Planning Tools Retention and Turnover 256

Hospital Recruiting

MARCH 16, 2016

This blog provides specific solutions to some of the current top healthcare challenges. This was part of a healthcare hiring blog series I’m doing right now, in which I conduct phone interviews with practitioners and share their knowledge in healthcare recruitment. He gave five: Baby boomer retirement. Baby boomer retirement.

Recruiting Software 55

Recruiting Software Recruitment Staffing Software Hiring Software 55

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

eni

JULY 31, 2024

Talent Attraction and Retention: The Harvard Business Review highlights that comprehensive family benefits, including childcare, can significantly influence a candidate’s decision to join or stay with an organization. It not only ensures that children are close by but also reduces the logistical burden on parents.

HR Planning 130

HR Planning HR Software Planning Tools Retention and Turnover 130

DailyPay

MAY 10, 2024

The United States is experiencing a nursing shortage due to high turnover rates, chronic stress and an aging population. According to NCSBN, around 100,000 registered nurses (RNs) left the workforce during the pandemic due to stress, burnout, and retirement.

Staffing Software 52

Staffing Software Retention and Turnover Staffing Retirement 52

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

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. Common employee benefits include health, dental, vision, and life insurance, and retirement savings plans.

Hiring Software 105

Hiring Software Assessment Software HR Planning Planning Tools 105

DailyPay

AUGUST 7, 2018

Similar to many of their peers in the senior care industry, Christian Horizons was plagued by high employee turnover rates—the industry average is about 80-90%. Staff turnover and attrition pose a risk for patient care. Understaffing also leads to even higher turnover rates and exorbitant overtime payouts. Introducing DailyPay.

Employee Engagement 52

Employee Engagement Staffing Software Hiring Software HR Software 52

Hoops

MARCH 21, 2025

In this blog, well dive into 10 effective employee retention strategies that will not only help keep your best people but also foster a thriving work environment that employees will want to stick around for. However, the way compensation is structured can make a big difference in retention.

Retention and Turnover 130

Retention and Turnover Strategy Onboarding Software Hiring Software 130

Hoops

MARCH 21, 2025

When it comes to talent retention , companies are constantly searching for the secret sauce. In this blog, well dive into 10 effective employee retention strategies that will not only help keep your best people but also foster a thriving work environment that employees will want to stick around for.

Retention and Turnover 130

Retention and Turnover Strategy Onboarding Software Bonuses and Incentives 130

cipHR

AUGUST 6, 2023

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. In fact, a study from FlexJobs found that 80% of respondents agreed they’d be more loyal to employers that embrace flexible working.

Onboarding Software 52

Onboarding Software Hiring Software Staffing Software HR Software 52

Vantage Circle

FEBRUARY 3, 2025

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. Some studies estimate that the cost of turnover typically ranges from six to nine months of the employee’s salary. Don’t get me wrong.

Examples 66

Examples Retention and Turnover Bonuses and Incentives Hiring Software 66

Extensis

AUGUST 6, 2024

Implementing programs to assist with budgeting, investing, saving for retirement , and paying off student loans can show employees that their employers are there for them and want to help them achieve good financial health. Employers can help by providing workers with financial education and reassuring them that they are there to help.

Wellness 106

Wellness Retention and Turnover Employee Recognition Workday 106

Reform Biz

JANUARY 1, 2025

In this blog post, we will take you through the 7 crucial steps involved in conducting an HR audit, providing practical insights, examples, and infographics to guide you through the process. Objectives: Identify areas of non-compliance or inefficiency, improve employee relations, reduce turnover, etc.

HR Planning 98

HR Planning HR Software Wage and Hour Training Onboarding Software 98

WEX Inc.

MAY 29, 2024

By optimizing employee benefits and creating a supportive environment, employers can enhance the employee experience at every stage of their journey, from onboarding to retirement. It includes several key stages: attraction, recruitment, onboarding, development, retention, and separation.

Retirement 98

Retirement Retention and Turnover Employer Branding Onboarding 98

Semos Cloud

MARCH 9, 2023

In this blog post, we’re going to talk about the impact of employee recognition on retention and talent attraction. As more workers migrated to white-collar jobs, and seasoned professionals move closer to retirement, the entire manufacturing sector faces an unprecedented number of missing laborers. A change has to happen.

Employee Recognition 52

Employee Recognition Hiring Software HR Software Hiring 52

Zenefits

JANUARY 7, 2019

Today’s HR professional is beginning to reap the benefits of the data collected from every step of the employee experience, from recruitment to retirement. Measureables: reduced turnover; higher employee satisfaction; support for internal promotions; succession planning. Performance Management. Career charting. Compensation.

HR Planning 41

HR Planning HR Software AI Recruiting Analytics 41

Achievers

APRIL 17, 2020

Meanwhile, turnover tends to happen within four years or less. As the average age of the manufacturing labor base creeps toward retirement, it’s essential to attract fresh talent. Employee recognition can vastly improve or get ahead of many challenges, from lowering turnover and improving morale, to driving company culture.

Hiring Software 262

Hiring Software Wage and Hour Training Retention and Turnover Employee Recognition 262

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. Recruiting and onboarding As the war for talent rages on, a robust recruiting and onboarding strategy has never been more important.

HR Software 106

HR Software HR Planning Hiring Software Onboarding Software 106

Vantage Circle

OCTOBER 24, 2024

In this blog, we’ll discuss the differences and show you how to bring these two powerful factors can create a thriving workplace. More engaged employees also mean lower turnover rates, which cuts recruitment and training costs while retaining a highly skilled and experienced workforce. What is Employee Engagement?

Wellness 111

Wellness Planning Tools Employer Branding Retention and Turnover 111

Extensis

AUGUST 28, 2024

These include traditional healthcare and retirement savings benefits , as well as voluntary offerings , such as supplemental life insurance , pet insurance , and employee discount programs , among other perks and plans. Whereas, big-box PEOs typically offer it as an a la carte value.

Hiring Software 83

Hiring Software Recruiting Software HR Software Interview Software 83

AIHR

OCTOBER 31, 2018

Employee turnover is a major challenge for companies today, especially when the labor market is competitive and certain skills are in high demand. Retention of valued employees makes good business sense. The data also show that many of the terminations are retirements, especially in 2006–10. A couple of findings jump out.

Retention and Turnover 95

Retention and Turnover Compliance Training Retirement Analysis 95

6Q

JUNE 4, 2023

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Intoo USA

SEPTEMBER 7, 2023

In this blog post, we will explore the significance of employee benefits communication, five effective ways to communicate benefits, and strategies to leverage these benefits for both recruitment and employee retention purposes. Why Is Employee Benefits Communication Important for Retention?

Employee Benefits 194

Employee Benefits Video Recruiting Hiring Software Onboarding Software 194

Zenefits

MAY 28, 2019

With a shrinking talent pool and a growing age demographic — as baby boomers hit retirement age by the millions annually — the pressure on healthcare recruiters shows no relief on the horizon. . Turnover and Retention. The post The HR Challenges Shaping the Healthcare Industry appeared first on Zenefits Blog.

HR Software 37

HR Software Industry HR Planning Hiring Software 37

The Incentive Solutions News blog

JUNE 2, 2020

While no two successful companies are exactly alike, they all have one thing in common: an employee retention strategy. Happy employees make productive employees, and smart businesses know that high employee turnover can harm a company financially and affect company morale. Why is employee retention important? Let's get started!

Retention and Turnover 78

Retention and Turnover Hiring Software Planning Tools HR Software 78

ForUsAll

JULY 2, 2018

Your goal: figure out the specific calculations for important employment metrics like turnover rate and retention rate. Use these links to get straight to the information you need: How to Calculate Employee Turnover Rate. How to Calculate Employee Turnover Cost. How to Calculate Employee Retention Rate.

Retention and Turnover 58

Retention and Turnover How To Metrics Retirement 58

6Q

AUGUST 17, 2023

To create an effective and long-lasting team of dedicated workers, you must first understand what causes low employee retention rates. When you keep the employee retention rate high, you save on hiring costs and precious training time. The first step is identifying what causes low retention rates.

Hiring Software 98

Hiring Software Wage and Hour Training Retention and Turnover Sexual Harassment 98

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

Accendo Technologies

SEPTEMBER 25, 2024

We will discuss the current state of compensation in today’s workplace, the challenges companies face when designing packages, and steps to create packages that boost retention and loyalty. Larger companies offer a mix of performance-based bonuses, stock options, flexible benefits, and comprehensive retirement plans.

Compensation 52

Compensation Bonuses and Incentives Wage and Hour Training Payscale 52

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

DailyPay

APRIL 13, 2025

Providing financial wellness benefits : Include comprehensive health insurance, retirement plans with employer matching, and other financial perks. By supporting their employees’ financial wellness, employers can create a more productive and engaged workforce, reduce absenteeism and turnover, and improve employee morale.

Wellness 52

Wellness Retention and Turnover Talent Acquisition Planning Tools 52

Extensis

SEPTEMBER 6, 2024

As people seek more quality time away from the office and more employees work remotely, they desire the security of affordable healthcare, flexible work schedules, and retirement savings. Additionally, turnover can lead to decreased productivity for the duration of the recruiting period and a possible decline in employee morale.

Retirement 52

Retirement Retention and Turnover Recruitment Productivity 52

Extensis

AUGUST 7, 2024

Research has shown a lack of attention to the matter results in a lack of productivity and performance and an increase in burnout and turnover. Now, they’ve become an impactful part of a recruiting and retention strategy, and brokers are playing a bigger part in the conversation to provide greater value to their clients.

Wellness 52

Wellness Planning Tools HR Software Retention and Turnover 52