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Why Hospitality Workers Walk Away: Addressing the Root Causes of Turnover

Payactiv

Here are a few key strategies: Provide Competitive Wages and Benefits One way to better attract and retain top talent is to offer competitive salaries, attractive benefit packages (including health insurance, paid time off (PTO), and retirement plans), and flexible scheduling options. Incorporate pre-screening questions into the process.

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Building a Resilient Healthcare Workforce through Financial Wellness Programs

Payactiv

Today, staffing shortages in healthcare persist: almost a third of the nurses in the U.S. Besides burnout, many healthcare professionals are nearing retirement age , which will intensify the sector’s staffing crisis. Payactiv will not be liable for any losses, injuries, or damages from the display or use of this information.

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Industry Insights: Healthcare

Payactiv

We built this page with you in mind – use it as a learning tool, reference page, and more! Healthcare executives agree that the greatest challenge to hospitals and health systems in 2022 is the staffing shortage. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. A quarter of U.S.

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Industry Insights: Manufacturing

Payactiv

We built this page with you in mind – use it as a learning tool, reference page, and more! Baby Boomers working in the manufacturing industry will retire in the next decade, creating a large void and a concerning labor shortage. Recruitment Challenges. Welcome to our resource page for Manufacturing Hiring!

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Tailoring Open Enrollment to the Needs of Your Multi-generational Workforce

Payactiv

Retirement Planning Millennials and Gen Z may value guidance on long-term financial planning, while Baby Boomers will likely be interested in retirement planning. Gen X workers who may have delayed starting to save for retirement will welcome generous retirement savings matching and catch-up contributions.

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Empower Your Workforce: A Tribute to National Employee Benefits Day with Payactiv

Payactiv

This National Employee Benefits Day, let’s consider why employee benefits matter and how you can improve your offerings to boost your recruitment efforts and make your people happier and more productive. Well-Being Employee well-being doesn’t just refer to physical health. What Are Employee Benefits and Why Do They Matter?

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A Brief on Employee Experience vs. Employee Engagement

Payactiv

Essentially, employee experience refers to the long-term life cycle of an individual’s relationship with an organization; employee engagement contributes to that larger picture. We’ve all heard the term “first impressions matter,” and it couldn’t be more relevant to the world of recruitment and hiring. Don’t Overlook Exit Interviews.