15Five

OCTOBER 30, 2023

Employee turnover is an increasingly significant challenge across nearly every industry, and the decline started well before the Great Resignation. A recent labor statistics study by LendingTree found that between 2012 and 2022, the median job tenure dropped almost 11%, from 4.6 What causes employee turnover? years to 4.1

Retention and Turnover 246

Retention and Turnover Strategy How To Onboarding Software 246

Analytics in HR

FEBRUARY 28, 2024

Example: Annual employee turnover rate.) It enables your organization to better understand your workforce, measure the impact of a range of HR metrics on overall business performance, and make decisions based on data. In other words, HR analytics is a data-driven approach to Human Resources Management.

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

Analytics in HR

MARCH 16, 2023

The importance of having a comprehensive talent strategy It’s important for HR to develop a total talent strategy because it creates a north star for your entire talent team (including talent acquisition, diversity and inclusion , analytics, and learning and development teams). The risks of not having a talent strategy in place are seismic.

AI Recruiting 130

AI Recruiting HR Software Strategy Hiring Software 130

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

EmployeeConnect

NOVEMBER 5, 2024

Now, companies are finding that work-life balance —enabling employees to excel both professionally and personally—is critical in reducing turnover and boosting job satisfaction. Let’s explore why work-life balance has become a cornerstone of retention strategies and the ways companies are adapting to this trend.

Retention and Turnover 260

Retention and Turnover Employer Branding Talent Experience Policies 260

Peoplebox

SEPTEMBER 11, 2024

With the remote workforce a major part of today’s work culture, online recruitment methods are also gaining popularity. It helps you spend less on training and increments. Accenture employs referral programs as part of its recruitment methods by granting its candidates the ability to recommend others. Why use this method?

Video Recruiting 111

Video Recruiting AI Recruiting Recruiting Software Hiring Software 111

Analytics in HR

NOVEMBER 2, 2022

HR analytics helps HR professionals and their organizations to improve decision-making through data. It also offers HR practitioners the ability to contribute strategically by providing meaningful insights and contributing more effectively to the business’s bottom line. Contents What is human resources analytics? Descriptive analytics 2.

Analytics 134

Analytics HR Planning HR Software AI Recruiting 134

EmployeeConnect

DECEMBER 3, 2024

These learning and development opportunities not only enhance the capabilities of your workforce but also foster a sense of loyalty and engagement among employees. Why Retention Matters Retention isn’t just about keeping employees around; it’s about maintaining a motivated and skilled workforce that contributes to organisational success.

Hiring Software 130

Hiring Software Onboarding Software Assessment Software Recruiting Software 130

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 246

Retention and Turnover HR Planning Onboarding Employee Recognition 246

Analytics in HR

JUNE 30, 2023

Doing this well leads to lower turnover, higher productivity, and increased engagement. What is talent acquisition? The core of talent acquisition is to attract employees to an organization and hire the ones that fit with the organization and role. The talent acquisition strategy should align with the people strategy (or HR strategy).

Talent Acquisition 25

Talent Acquisition Video Recruiting Hiring Software AI Recruiting 25

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. Here are three ways to combat the cybersecurity skills gap challenge. In today’s digitally driven world, cybersecurity has never been more critical.

HR Software 65

HR Software Hiring Software Staffing Software AI Recruiting 65

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 246

HR Planning Retention and Turnover Objectives & Key Results HR Software 246

Cornerstone On Demand

AUGUST 9, 2017

A 2017 American Psychological Association study on stress found that Americans are more stressed out now than they have been in the last decade. We are in desperate need of training and resources, in addition to permission from ourselves and our bosses to take a break. But what is "mindfulness"?

Employee Engagement 287

Employee Engagement Company Retention and Turnover Compliance Training 287

15Five

SEPTEMBER 6, 2017

Higher job satisfaction, organizational commitment, performance and career effectiveness, and lower turnover and stress. Some call it new hire orientation, and some call it training. Every year more than 25% of the working population moves to a new company. But unfortunately, not all these transitions are smooth sailing.

Onboarding Software 174

Onboarding Software Onboarding Hiring Software Company 174

Analytics in HR

APRIL 4, 2023

It also impacts employee retention. Hiring unsuitable candidates can lead to poor performance and employee turnover. Whether you are considering talent acquisition vs. recruitment, both are critical to the organization’s success. Employees are the real assets of any organization. What is recruitment?

Talent Acquisition 126

Talent Acquisition Recruiting Software Talent Experience Background screening 126

Hppy

NOVEMBER 9, 2020

In a study by Gallup in 2016, they found out that consistently disengaged teams are less profitable, less productive, and less loyal. What’s worse is that each turnover costs about 1.5 Actually, in the same study, they discovered that engaged teams have 24% to 59% less turnover. Don’t believe us?

Compliance Training 172

Compliance Training Employee Engagement Training Retention and Turnover 172

ClearCompany HRM

NOVEMBER 29, 2022

Professional development and ongoing training. It’s not surprising that a global pandemic and the subsequent challenges we’ve all faced have taken a toll on mental health for many. 84% of employees say they’ve experienced a mental health challenge over the past year, and 31% say their mental health has worsened. Legal advice. Hybrid EAP.

ClearCompany 451

ClearCompany Hiring Software Retention and Turnover Planning Tools 451

15Five

MAY 31, 2023

For over ten years now, the Lighthouse team has been serving HR, talent, and learning professionals with practical research and advice. The problems we solve Modern organizations are plagued by ineffective management, regrettable turnover, and disengaged employees not hitting performance goals.

HR Software 278

HR Software Onboarding Software Planning Tools Retention and Turnover 278

HR Bartender

FEBRUARY 18, 2020

2) participate in three eLearning modules on metrics, foundational data, and data analysis. You can learn more about the specialty credentialing process on the SHRM website. You can learn more about the specialty credentialing process on the SHRM website. Common HR metrics include cost per hire , time to fill, and turnover rate.

Analytics 238

Analytics HR Software Interview Software Assessment Software 238

Cornerstone On Demand

AUGUST 21, 2017

The numbers from study after study show that in the medium to long-term doing the right thing by parents can pay for itself. The numbers from study after study show that in the medium to long-term doing the right thing by parents can pay for itself. That's a pretty paltry percentage. Quite the opposite.

Retention and Turnover 259

Retention and Turnover Policies Talent Experience Study 259

PeopleStrategy

JANUARY 9, 2024

But as the year progresses, many people get off track. This can be a major hindrance when training new employees no matter the time of year. Having a proper training plan in place ensures that employees understand their job scope, have the right skill sets to do their jobs, and are set up for success. Which is the second step.

Planning Tools 130

Planning Tools Compliance Training Hiring Software Training 130

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 135

AI Recruiting HR Software Hiring Software Recruiting Software 135

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

SEPTEMBER 22, 2023

A recent study found that 98% of employees want the option to work remotely at least some of the time. Reduces Employee Turnover: A disconnected employee is more likely to switch jobs. Engaging remote workers increases employee retention—saving the company time and money. In fact, they’re essential!

Employee Engagement 246

Employee Engagement Hiring Software Onboarding Software Assessment Software 246

Peoplebox

SEPTEMBER 30, 2024

Increased revenue: By recruiting and retaining high-achieving staff members, businesses can reduce training and onboarding expenses and increase revenue. People from low- and moderate-income areas can get entry-level positions and career training through the company’s hiring and development program. Many would.

Talent Acquisition 52

Talent Acquisition Hiring Software AI Recruiting Video Recruiting 52

Analytics in HR

AUGUST 16, 2024

The full cycle recruiting approach can benefit the candidate, recruiter, and organization. With so many moving parts and processes involved in full cycle recruiting, how can HR professionals make sure they consistently hire the most qualified people for the right positions and make those employees want to stay?

Recruiting Assessments 95

Recruiting Assessments AI Recruiting Recruiting Software Hiring Software 95

ExactHire

FEBRUARY 10, 2022

Many companies are eager for their new hires to be off and running in their new roles. Creating an onboarding process checklist that includes training modules and digital access to important documents will help new hires learn vital information independently. It takes, on average, 42 days to find a new employee.

Onboarding Software 246

Onboarding Software Onboarding Hiring Software Retention and Turnover 246

Hppy

FEBRUARY 26, 2024

Many businesses , industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. Travel insurance is also essential if employees are required to travel for their work.

Wage and Hour Training 195

Wage and Hour Training Bonuses and Incentives Compliance Training Onboarding 195

Intoo USA

APRIL 6, 2023

Companies plagued by high employee turnover rates tend to have reduced productivity, low workplace morale, and more resources spent on recruiting new professionals. Thankfully, employers can minimize their turnover rates by introducing strong onboarding strategies. What Does Onboarding Mean? The logic of onboarding is simple.

Onboarding Software 189

Onboarding Software Onboarding Hiring Software Compliance Training 189

15Five

JULY 18, 2023

Going through layoffs or a reduction in force (RIF) can create a ripple effect through an organization, causing everything from a dip in morale to a spike in regrettable turnover. MIT Sloan recently studied Glassdoor data to assess the impact of layoffs on surviving employees and company cultures.

Retention and Turnover 242

Retention and Turnover Metrics Survey Study 242

Visier

JULY 5, 2018

There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning. As a tech company, we experience first hand the challenges faced by HR and business leaders in the hyper-competitive tech talent market. The good news?

Hiring Software 280

Hiring Software HR Software Recruiting Software Planning Tools 280

DecisionWise

MAY 14, 2024

Onboarding and 3-Year Retention The onboarding phase exposes new employees to the possibility of the organization’s EVP being realized. The Employee Value Proposition (EVP) is the sum of the unique benefits an employee receives in return for their skills, capabilities, attitude, and experience they bring to a company or organization.

Hiring Software 162

Hiring Software Retention and Turnover Employer Branding Decisionwise 162

Best Money Moves

APRIL 20, 2022

5 benefits to include in your employee retention strategy. Up your employee retention strategy and keep your team where they belong with these five benefits. . These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . The Great Resignation isn’t over yet.

Hiring Software 122

Hiring Software Planning Tools Strategy Retention and Turnover 122

15Five

JULY 7, 2023

Without some proactive and strategic effort, a RIF can cause some serious unintended consequences, like talent drain (aka regrettable turnover). Read on for four effective employee retention strategies for plugging unwanted brain drain. But what happens after? What about the employees who are left?

Retention and Turnover 203

Retention and Turnover Strategy Compliance Training Coaching 203

Vantage Circle

DECEMBER 19, 2023

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. High employee turnover is costly and disruptive. This article explores these employee retention metrics. We’ll look at key metrics to track, as well as calculations, best practices, case studies, and more.

Metrics 97

Metrics Hiring Software Retention and Turnover Assessment Software 97

Hppy

MAY 6, 2024

Image by freepik What is Employee Turnover? Turnover rate refers to the rate at which employees leave and must be replaced with new staff. Employee turnover refers to the rate at which employees leave an organization and must be replaced, usually over an annual period. What causes Employee Turnover?

Retention and Turnover 103

Retention and Turnover Wage and Hour Training Employee Recognition Career Development 103

Hppy

DECEMBER 25, 2023

In the persistent battle for talent, appreciating the influence of employee benefits on retention rates can give HR professionals the upper hand. Image by Drazen Zigic on Freepik Understanding the Concept of Talent Retention Talent retention refers to a company’s ability to keep its most valuable employees.

Employee Benefits 113

Employee Benefits HR Planning HR Software Retention and Turnover 113