Remove Performance Management Remove Retention and Turnover Remove Seasonal hiring
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How To Calculate Your Organization’s Turnover Rate

15Five

Turnover is just part of doing business. While some turnover is normal, too much can damage your organization’s performance, lower morale, and even interrupt important projects. That’s why, as an HR professional, you need a simple way to calculate, analyze, and manage your turnover rates.

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Now We’re Cooking: Restaurant Hiring Software Combats Industry Struggles

Netchex HR Blog

In a highly competitive industry known for high turnover, an understaffed restaurant is doomed. If your staffing problems seem tougher than extinguishing a grease fire, then you may just need better tools—like restaurant hiring software. The Restaurant Hiring Struggle: A Recipe for Disaster It’s hard to keep restaurants fully staffed.

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HR Analytics: What do Data & Reporting Mean for Human Resources?

Netchex HR Blog

Accordingly, qualitative variables like employee satisfaction are easier to analyze with quantitative data points like numerical surveys and Key Performance Indicators (KPI’s) like turnover. Are seasonal patterns (like holiday vacations) skewing short term data? How long does the application process take for new hires?

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Why employee retention is important in the construction industry

Homebase

Finding and keeping talented employees is an uphill battle for most hiring managers, regardless of the industry. You invest resources in hiring, training, and developing your workforce, only to see them walk out the door and into the arms of your competitors. What is employee turnover? What is employee retention?

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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles. By analyzing vast amounts of data, these tools (in tandem with human professionals) can identify top job candidates and reduce hiring bias. Take, for instance, the role AI plays in recruiting.

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Everything You Need to Know About Workforce Optimization

Zenefits

You’ve hired employees for all positions in your company. Though employees should be accountable for their performance, you need to assist them on their path to productivity. Inadequate training for new hires or existing employees. Increased retention. This ultimately lowers your turnover rate and costs.

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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

Retention strategies demand scrutiny. Consider what you’re doing to improve retention. Shanelle Reese, Chief People Officer, Wonderschool The Talent Turnaround 2023 witnessed a seismic shift in the tech landscape, with unprecedented levels of turnover fueled by layoffs, career changes, and a resurgent job market.