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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? What is the average employee retention rate? SHRM predicts the annual turnover rate to be close to 19%, and also assumes that the average cost-per-hire to fill a position at $4,129.

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3 Technologies for Better Employee Onboarding

Flimp Communications

The onboarding period is crucial for ensuring an employee’s long-term success, productivity, and job satisfaction. And yet, as the data attests, onboarding is where many organizations come up short. 32% of new hires find onboarding confusing, 24% say it is boring, and 22% say onboarding is disorganized.

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25 Employee Onboarding Statistics & Trends You Must Know in 2024

Analytics in HR

Employee onboarding can make or break an employee’s experience at an organization. This article will look at various employee onboarding statistics, uncovering trends, challenges, and opportunities in onboarding. When done well, onboarding positively impacts performance, job satisfaction, and retention.

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Best HR software for startups

HiBob

With the right HR software, you can offload manual tasks, optimize people management, and create an engaged, productive workforce. In this guide, we’ll review some of the best HR software available on the market today. What is HR software for startups?

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

Employee retention is top-of-mind for nearly every organization, and it’s easy to see why— losing employees can mean losing valuable institutional knowledge, lower morale in remaining team members, and lost productivity. Being mindful of the core issues that drive turnover goes a long way in improving retention.

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How AI is already impacting the employee lifecycle

HRExecutive

And no surprise, the numbers tell us there is more to come—and show that implementing this technology is working. That could include talent trend data, employee engagement and performance numbers, candidate and applicant data, and retention information. HR departments must keep this in mind. What if AI could make it easier?

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8 top Connecteam alternatives for 2023

Homebase

Connecteam is a team management platform with features for time tracking, scheduling, messaging, and onboarding. And customers say its tools and granular customization capabilities make managing remote teams easier. But it leaves a few things to be desired as a platform for small business owners. Try Team Messaging 1.