Netchex HR Blog

APRIL 22, 2025

With turnover rates for these roles hovering around 100% annually , it’s clear that something’s broken. While turnover numbers may subside, theres a growing concern about productivity and future talent loss as organizational risks. Only 45% of employees say they know whats expected of them at work.

Hiring Software

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. You can learn more about HR audits and best practices from the Society for Human Resource Management (SHRM) India. : What is an HR Audit?

HR Planning

Peoplebox

SEPTEMBER 17, 2024

Companies’ year-on-year turnover rates will be 50-70% higher in the future. We all know it takes high-level engagement to increase retention but with daily tasks, for HRs, it’s hard to manage both work and engagement practices. That’s why you need a tool to take off some engagement from your plate. The solution?

HR Software

Vantage Circle

OCTOBER 18, 2024

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. Therefore, building a motivated and engaged team and improving retention must be a priority for retail businesses, especially as they tackle low engagement levels and high turnover. What drives them to leave?

Assessment Software

Payactiv

JULY 16, 2025

In many workplaces, employment has become purely transactional: “I give you hours, you give me money.” In many workplaces, employment has become purely transactional: “I give you hours, you give me money.” But today’s employees aren’t just working for wages. The reason? They need more. Measurable.

PayActiv

Netchex HR Blog

MAY 20, 2025

Meanwhile, a staggering 79% of technicians are considering leaving the industry, says WrenchWay , citing low pay, toxic cultures, poor training, and lack of advancement opportunities. And Netchex can take the load off your teams, so they can focus on people, not processes. The automotive industry is changing fast.

Hiring Software

Extensis

OCTOBER 24, 2024

Reduced turnover : Happier employees generally lead to a lower resignation rate. Quick look: Approximately 75,000 seasonal employees work in the U.S. across various industries, from accounting to retail. A substantial need for an increased headcount at an accounting firm during tax season.

Hiring Software

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

HR Stacks Blog

MARCH 27, 2025

Whether you’re considering a PEO partnership or simply want to learn more, understanding their role can help you make informed decisions about managing your workforce. They handle: Salary and Wage Processing: Ensuring employees receive accurate payments on time, whether through direct deposits or checks.

Hiring Software

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

Netchex HR Blog

JULY 16, 2025

And while your team may be focused on helping members hit their goals, they still need clarity around their own pay, hours, and benefits. Frequent Turnover : The fitness industry experiences one of the highest employee turnover rates, often over 70% annually for part-time roles. It’s a retention issue. It’s the people.

Hiring Software

Accendo Technologies

SEPTEMBER 25, 2024

Without competitive pay, the Work Institute states that companies risk high turnover, costing them up to 33% of an employee’s annual salary to replace. Due to budget constraints, small and medium-sized businesses rely on non-monetary benefits like flexible working hours or growth opportunities.

Compensation

HR Stacks Blog

JUNE 2, 2025

That includes benefits, taxes, potential relocation costs, and even things like training or turnover. More and more companies are looking beyond their own borders to find the right talent. Because hiring internationally brings in fresh perspectives, new skills, and helps businesses stay ahead in todays fast-moving world.

Hiring Software

Bayzat

AUGUST 11, 2024

Effective employee engagement cannot be overstated, as it is closely connected to job satisfaction, motivation, and, ultimately, the success of an organization. However, achieving high levels of employee engagement is not an easy feat. It requires more than just competitive salaries, benefits, and a positive work culture.

HR Software

Reform Biz

DECEMBER 30, 2024

In this blog post, we will explore 7 essential ways HR ensures labor law compliance in India , offering practical tips, real-world examples, and actionable strategies. Labor laws in India cover a wide range of areas, including wage policies, working hours, safety regulations, leave entitlements, and termination procedures.

Compliance

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. Therefore, it is essential to have a well-structured and competitive compensation package for your employees to attract, retain, and motivate top talent.

Compensation

DailyPay

JUNE 30, 2025

Tired of high turnover and the administrative headache of manual off-cycle payments? Consider the boost in employee morale and retention when financial anxieties are eased, reducing the costly cycle of recruitment and training. Imagine less time spent processing paycheck advances and more focus on strategic initiatives.

Staffing Software

Payactiv

APRIL 10, 2025

Implementing cashless tips can enhance employee satisfaction, trust, and retention in industries reliant on tips. Restaurant Turnover Rates Remain High Turnover rates in the restaurant industry are notoriously high, often exceeding 70% annually. This is a significant driver in sky-high turnover rates.

Staffing Software

Ben Eubanks

APRIL 18, 2025

According to nearly 10 years of gathering data in the market, we estimate that 5,000+ technology providers exist across the entire landscape of HR, talent, learning, and related categories. This isnt just about recruiting tools or just about learning systems. For more details on the program, please visit HRTechAwards.org to learn more.

HR Software

Ongig

JULY 11, 2024

A Washington Post x Ipsos poll involving 1,148 workers aged 18-64 revealed that 45% of employees prioritized salary and wages as the most significant job factor. In addition, HR teams may need to rethink wages based on the changes in overhead fees (e.g., The job market has become increasingly competitive in recent years.

Hiring Software

Ongig

JANUARY 31, 2025

Employees are less likely to feel misled or disappointed, increasing job satisfaction and retention rates. Employees are less likely to feel misled or disappointed, increasing job satisfaction and retention rates. Transparency in job postings is about providing clear, honest, and specific information about your job posting.

Hiring Software

Extensis

FEBRUARY 4, 2025

By adhering to employment laws, businesses can maintain legal protection, foster a fair and ethical work environment, safeguard their reputation, avoid fines and penalties, and enhance employee trust, satisfaction, and retention. To learn more about the ADA, please click here. What is HR compliance? Why is HR compliance important?

Compliance

Hoops

APRIL 29, 2025

In today’s business climate, competitive salary benchmarking isn’t just a hiring tactic it’s a strategic lever for growth, retention, and operational efficiency. Are we risking profitability or turnover due to misaligned pay? Bureau of Labor Statistics (BLS) offers mean hourly wages by region and occupation.

Workforce Planning

Heyyy HR!

AUGUST 21, 2024

Have been considering a career in human resources? Ever wondered what the heck human resources professionals do from day to day? As a business owner, are you confused about how human resources impact your business? Human resources is the backbone of any successful organization. Screening resumes and conducting interviews are essential steps.

HR Planning

HR Stacks Blog

JUNE 11, 2025

Beyond recruitment and training, the hidden costs of turnover can quietly erode productivity, morale, and institutional knowledge. Understanding the full scope of turnover costs is crucial for businesses aiming to maintain stability and growth. What Is Employee Turnover? Why Understanding The Cost Matters?

Retention and Turnover

GoHire - HR

AUGUST 1, 2025

Instead, they looked at lead times by location and role, turnover rates, and regional labor market dynamics, then opened roles before occupancy demand hit. As he puts it: " P**s them off early." He asks a simple question to reframe the conversation: "Would you rather be overstaffed by 2% or understaffed by 5%?"

AI Recruiting

UKG

JULY 30, 2025

Customer Stories Belle Tire UKG Pro streamlines and automates administrative and HR tasks, so that field teams and managers can spend more time with customers, and coach, train, and listen to their people. See all customer stories Customer Experience We think you’re pretty special when you’re a UKG Customer.

Hiring Software

Achievers

APRIL 17, 2020

Even though the manufacturing sector pays an average hourly wage of $29.34 , good workers are hard to find. Jobs in this sector require high levels of skill, training and the ability to use new technologies, and applicants simply don’t have the right skills manufacturers need. What’s a manufacturer to do? Heightened engagement.

Hiring Software

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

Extensis

JUNE 19, 2024

Additionally, business leaders can boost retention by improving their benefits packages, workplace culture, internal advancement opportunities, and more. Help workers earn higher wages, with estimated average earnings increasing by $524 per year. Major change is on the horizon for businesses utilizing non-compete agreements.

Competencies

Netchex HR Blog

OCTOBER 10, 2024

Recruiting and retention are areas that can be particularly boosted. Big-ticket benefits like health insurance are obvious favorites, but less expensive perks like flexible work and earned wage access also attract job seekers. High turnover is a nightmare for HR and productivity.

Recruiting Software

DailyPay

SEPTEMBER 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 the restaurant industry, which has a notoriously high turnover rate and low retention rate. WATCH THE WEBINAR.

Retention and Turnover

Payactiv

OCTOBER 10, 2024

However, the retail industry is plagued by high turnover rates that exceed the average in other sectors. As of May 2024, the average employee turnover rate in the retail industry was 4.0% As of May 2024, the average employee turnover rate in the retail industry was 4.0% compared to 3.4% compared to 3.4%

Hiring Software

Rallyware for Human Resources

NOVEMBER 30, 2021

What is clear from such statistics is the need to significantly speed up employee onboarding, boost employee engagement and retention, and develop streamlined and effective employee training. Develop More Robust Onboarding and Effective Employee Training Programs. Traditional training methods do not suffice in this day and age.

Wage and Hour Training

DailyPay

NOVEMBER 6, 2018

What does turnover look like in the caregiving industry and how are recruiting and retention practices evolving? 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.

Retention and Turnover

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

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. These findings also lead to actionable solutions that can help curb turnover issues.

Retention and Turnover