Remove Industry Remove Retention and Turnover Remove Talent Experience
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Hot dog chain Portillo’s staffs its restaurants with corporate employees during the holiday season

HR Brew

If I’ve learned anything from watching The Bear , it’s that working in a restaurant is hard—maybe even as hard as it is for talent pros to staff service roles. Quit and turnover rates in the service sector remain higher than those in all other industries, according to data from the US Chamber of Commerce. Employee experiences.

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The Impact of Employee Experience on Retention: What HR Needs to Know

EmployeeConnect

In the competitive job market, retaining top talent is one of the most pressing challenges organisations face. The cost of turnover is high—not just in terms of recruitment and training but also in the loss of institutional knowledge and the potential disruption to team dynamics. What is Employee Experience?

10KC 147
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The latest JOLTS report shows even more cooling in the labor market, but the biggest takeaways lie beneath the top-level data

HR Brew

Job openings posted on the last day of July fell to a new low since January 2021, according to the newest Job Openings and Labor Turnover Survey (JOLTS) report released by the US Bureau of Labor Statistics on Wednesday. For HR leaders, the best takeaways from this data will require a deep dive into their own industry and region.

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Understanding employee turnover rates

Achievers

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.

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Two Sides of the Same Coin: Recruiting & Retention

Speaker: Caitlin MacGregor, CEO and Co-Founder of Plum

Authentic employer branding is reflected in recruitment and retention efforts. Failing to modernize an organization’s approach to attracting and retaining talent by focusing on candidate and employee experiences could result in quiet quitting, turnover, vacancies, and lost opportunities that have the potential to impact overall profitability.

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Cracking the code: Fixing the retention problem in the tech industry

HRExecutive

Although the Great Resignation has fizzled out, some industries still struggle to bounce back from the shuffle. Recent data paints a discouraging picture: The tech industry boasts the highest turnover rate of any sector. Even the global tech giants grapple with retaining talent in an incredibly competitive landscape.

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Leveraging HR Data to Reduce Turnover

EmployeeConnect

Predictive Analytics for Turnover Risk Predictive analytics uses historical data and machine learning to forecast which employees are most likely to leave. By benchmarking compensation data against industry standards, HR can ensure that salaries remain competitive. Implementing Data-Driven Retention Strategies 1.