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From Fleeting to Forever: Combating Quick Service Restaurant Turnover Rate

Payactiv

Great staff is a critical element of success for every quick-service restaurant (QSR). 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% across all sectors, according to the US Bureau of Labor Statistics.

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Achieving Transparency in the Workplace: Strategies for Success (With Examples)

Analytics in HR

Transparency in the workplace touches on almost every aspect of the employee life cycle, from attraction and recruitment to retention and development. In this article, we’ll explore the importance of workplace transparency, the consequences of its absence, and nine actions organizations can take to promote transparency in the workplace.

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The gender pay gap: How equal pay starts with hiring

Homebase

The gender wage gap refers to the difference in earnings between men and women. With social media being a leading contributing factor, consumers are pressuring companies to find real solutions for sexual harassment, workplace discrimination, and to pay workers fairly. Table of Contents What is the gender pay gap?

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Most Important Developments in HR for 1/24

GetFive

Despite the strong global economy, the report found that 56% of respondents believe capitalism as it exists today does more harm than good in the world; fewer than one in three people in developed markets said they believe they and their families will be better off in five years. billion in profit sharing to its employees next month.

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Laws And Regulations Every HR Professional Should Know In 2023

Empuls

Minimum wage updates The conversation about the minimum wage is not new, but the importance of keeping updated with changes to the minimum wage laws cannot be overstated. Jurisdictions across the globe are continuously revising minimum wage standards to ensure workers can earn a livable income. Changes in labor laws 1.

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6 essential HR tools for small business owners

Homebase

HR responsibilities often include: Employee termination and offboarding Employment law compliance Employee engagement and retention Hiring and onboarding Training and development Employee payroll , compensation, and benefits Of course, HR is vital when it comes to managing large teams. What is HR? What’s the role of HR in a small business?

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Recruiting Ideas for Low Wage Workers 

ExactHire

From the pre-pandemic issues surrounding low-wage workers to the effect COVID has had on our perception of them (and to the Great Resignation that’s fueling their exodus from essential jobs), companies are struggling to find innovative ways to recruit for these vital positions. Who Are Low Wage Workers?