Netchex HR Blog

OCTOBER 10, 2024

Recruiting and retention are areas that can be particularly boosted. Big-ticket benefits like health insurance are obvious favorites, but less expensive perks like flexible work and earned wage access also attract job seekers. High turnover is a nightmare for HR and productivity.

Recruiting Software 67

Recruiting Software Employee Benefits Hiring Software Onboarding Software 67

Visier

DECEMBER 19, 2017

With an unemployment rate at a 17-year low of 4.1%, retail and delivery companies have executed a variety of tactics to land workers in a tight labor market, whether it’s through candy and movie-ticket giveaway s or voluntarily increasing the minimum wage to $11 an hour. So what is the right worker experience mix?

Retention and Turnover 159

Retention and Turnover HR Software Staffing Software Hiring Software 159

DailyPay

SEPTEMBER 13, 2018

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at the restaurant industry, which has a notoriously high turnover rate and low retention rate. WATCH THE WEBINAR.

Retention and Turnover 52

Retention and Turnover Wage and Hour Training Staffing Industry 52

Payactiv

APRIL 10, 2025

Implementing cashless tips can enhance employee satisfaction, trust, and retention in industries reliant on tips. Restaurant Turnover Rates Remain High Turnover rates in the restaurant industry are notoriously high, often exceeding 70% annually. This is a significant driver in sky-high turnover rates.

Staffing Software 52

Staffing Software Hiring Software Onboarding Software Recruiting Software 52

HRExecutive

FEBRUARY 17, 2020

You see this in particular when looking at tech companies on the West Coast that have massive turnover.”. Employee turnover harms nearly every part of an organization: Sales. The number of job openings in the U.S. fell from 7.6 million in January 2019 to 6.8 million in January 2020, according to the Bureau of Labor Statistics.

HR Software 145

HR Software HR Planning Hiring Software Recruiting Software 145

DailyPay

NOVEMBER 6, 2018

In order to keep up with the growing need, health facilities are reexamining the way they recruit and retain employees. What does turnover look like in the caregiving industry and how are recruiting and retention practices evolving? Understand the effects turnover has on the healthcare industry and reduce it.

Retention and Turnover 52

Retention and Turnover Wage and Hour Training Industry Staffing Software 52

DailyPay

JULY 13, 2021

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often. READ THE EBOOK.

Wage and Hour Training 52

Wage and Hour Training Retention and Turnover Hiring Software Compliance Training 52

DailyPay

NOVEMBER 13, 2018

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at employee turnover rates for hotels. These findings also lead to actionable solutions that can help curb turnover issues.

Retention and Turnover 52

Retention and Turnover Industry Wage and Hour Training Staffing Software 52

PandoLogic

AUGUST 11, 2023

The Top Costs Associated with Running a Franchise The top costs of managing a franchise frequently include franchise fees, royalty fees, advertising fees, training fees, supplies and equipment costs, labor costs, rent or lease costs, insurance costs, and ongoing operational costs.

AI Recruiting 82

AI Recruiting Hiring Software Recruiting Software Wage and Hour Training 82

Insperity

DECEMBER 5, 2017

It can also lead to costly errors and even fines when wage and hour regulations aren’t followed. Off-the-shelf software packages that handle one aspect of HR rarely “talk” to your other systems without significant intervention by an IT specialist. In some cases, there may even be a complete lack of automation.

HR Software 78

HR Software Hiring Software Onboarding Software Recruiting Software 78

HRExecutive

JUNE 6, 2023

Though not HR-specific, after the program ended, he got a taste of recruiting as a campus representative. That was my first exposure to recruitment and I [saw] there’s this whole world here and I said, ‘I think I can apply that number sense, that analytical sense that I’m interested in, over here to the HR world,” he recalls.

Staffing Software 105

Staffing Software HR Software Hiring Software Recruiting Software 105

ExactHire

FEBRUARY 12, 2020

Low unemployment is especially crippling for industries that traditionally experience high turnover in hourly positions and/or with a contingent workforce. My gut tells me that many employers are open to the idea of hiring individuals from the justice involved community, but have historically avoided the opportunity for a variety of reasons.

Aptitude Tests 134

Aptitude Tests Background screening Hiring Software Hiring 134

HR Bartender

APRIL 16, 2017

Jones] Employee benefits are typically any additional non-wage compensation provided to the employee beyond their typical salary or hourly wage. They are used to help drive employee engagement and loyalty, as well as help reduce turnover. The many discount companies I speak to say no, but I thought you might have more advice.

Recruiting Software 378

Recruiting Software Recruitment HR Software Wage and Hour Training 378

Netchex HR Blog

JULY 10, 2024

In addition to negative effects on productivity, retention, and overall physical/mental health, a toxic work culture can even place a significant financial burden on your business. High turnover & absenteeism: High rates of employees leaving or being absent can signal cultural issues.

HR Software 104

HR Software Hiring Software Onboarding Software Recruiting Software 104

Recruiters Lineup

JANUARY 23, 2024

This code outlines the rights and responsibilities of both employers and employees, covering various aspects of the employment relationship, including working hours, wages, leave, termination procedures, and social benefits. Overtime work is subject to additional compensation, usually at a higher rate than regular hours.

Video Recruiting 97

Video Recruiting Hiring Software Background screening Onboarding Software 97

Netchex HR Blog

DECEMBER 11, 2024

2 – Focusing More on Skills During Hiring These days, college degrees shouldnt be your top priority in recruiting, and years upon years of experience may not be either. Spend more time evaluating which skills are necessary for open rolesand how much can be quickly learned on the job.

AI Recruiting 96

AI Recruiting HR Software Trends Wage and Hour Training 96

Sterling Check

APRIL 13, 2022

The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. Many people who were furloughed or laid off from leisure and hospitality jobs in 2020 migrated into roles in more stable industries. Travel began its rebound in 2021 and the momentum continues in 2022.

Hiring Software 70

Hiring Software Onboarding Software Staffing Software Recruiting Software 70

AIHR

OCTOBER 24, 2024

There are as many reasons for employee turnover as there are people who leave their jobs. This article explores some of the most common reasons for employee turnover and ways to prevent it. Contents What is employee turnover? Let’s get started!

Retention and Turnover 98

Retention and Turnover Hiring Software Interview Software How To 98

Payactiv

MARCH 28, 2022

dropped to 3.4%, which made recruiting at competitive wages challenging for call centers. Learn more about the four big benefits of offering earned wage access to your call center employees. The average call center turnover rate averages between 30% to 45%. This turnover rate is considered very high.

Industry 52

Industry Wage and Hour Training Bonuses and Incentives Hiring Software 52

Payactiv

JULY 18, 2023

Like many industries, QSR operators are feeling the impact of an ongoing labor shortage coupled with high turnover rates. Like many industries, QSR operators are feeling the impact of an ongoing labor shortage coupled with high turnover rates. It’s not surprising that the industry has a high turnover rate. hours per week.

Staffing Software 52

Staffing Software Hiring Software Recruiting Software Onboarding Software 52

DailyPay

AUGUST 20, 2018

Turnover is difficult to manage in our current hiring landscape. If the frustration of high ASA drives employees to leave, you’re taking the hit on more than just the dollars and cents of turnover. The faster an agent answers a customer call, the higher service levels tend to be. According to IBM’s Smarter Workforce Institute.

Wage and Hour Training 52

Wage and Hour Training AI Recruiting Retention and Turnover Staffing Software 52

DailyPay

JUNE 10, 2019

Learn how you can enhance your employees’ pay experience. So we started looking at ways to do that because, if we could figure out how to pay our employees daily, it would be a game changer for our recruiting and retention efforts. 50/hour increase, so staying competitive in the market is paramount to our success.

Wage and Hour Training 52

Wage and Hour Training Retention and Turnover Payroll CHRO 52

FingerCheck

NOVEMBER 7, 2022

Yes, it does because employee turnover is very high. Real estate and property management companies face all sorts of challenges, from labor retention and tenant turnover to collecting rent and managing employees. The National Apartment Association reported an annual turnover rate of 33% in October 2021. billion by 2029.

Hiring Software 52

Hiring Software HR Software Interview Software Staffing Software 52

FingerCheck

NOVEMBER 7, 2022

Yes, it does because employee turnover is very high. Real estate and property management companies face all sorts of challenges, from labor retention and tenant turnover to collecting rent and managing employees. The National Apartment Association reported an annual turnover rate of 33% in October 2021. billion by 2029.

Hiring Software 52

Hiring Software HR Software Interview Software Staffing Software 52

HR Lineup

MARCH 29, 2024

Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate. Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. However, their value goes beyond just their salaries.

Hiring Software 52

Hiring Software Wage and Hour Training Assessment Software Recruiting Software 52

UKG

MAY 24, 2023

A 300% increase in users of UKG Wallet , which offers earned wage access, budgeting tools, financial literacy and counseling, and peer-to-peer payments that UKG customers say is a significant recruitment and retention tool. The momentum across all areas of our business shows how important what we do is.”

HR Software 98

HR Software UKG Staffing Software Planning Tools 98

HR Lineup

FEBRUARY 9, 2024

Some common payroll metrics include labor cost percentage, overtime percentage, turnover rate, absenteeism rate, and compliance with labor laws and regulations. Automated payroll systems can calculate wages, deductions, and taxes accurately, reducing the likelihood of errors and ensuring compliance with regulations.

Metrics 52

Metrics Payroll Staffing Software Wage and Hour Training 52

Owiwi

SEPTEMBER 6, 2019

Relentless turnover challenges the sanity of even the most composed hotel manager. I would know: after owning two restaurants that employed 70 people at peak times, the constant battle against turnover triggers plenty of stressful memories. Rising rents and low wage growth, have sharpened employee focus on gross wages above all else.

Hiring Software 40

Hiring Software HR Software Onboarding Software Staffing Software 40

Owiwi

SEPTEMBER 6, 2019

Relentless turnover challenges the sanity of even the most composed hotel manager. I would know: after owning two restaurants that employed 70 people at peak times, the constant battle against turnover triggers plenty of stressful memories. Rising rents and low wage growth, have sharpened employee focus on gross wages above all else.

Hiring Software 40

Hiring Software HR Software Onboarding Software Staffing Software 40

AIHR

NOVEMBER 1, 2024

These best practices should be at the heart of every organization’s HR strategy and HR strategic plan and be applied to different HR functions , such as performance management, learning and development, and employee relations. HR has evolved considerably in the past decades and continues to do so. Contents What are HR best practices?

HR Software 98

HR Software Hiring Software HR Planning Recruiting Software 98

Reform Biz

JANUARY 1, 2025

Its like a health checkup for your companys HR department, ensuring that everything from recruitment to employee benefits is in good shape. You can learn more about HR audits and best practices from the Society for Human Resource Management (SHRM) India. : One of the most effective ways to achieve this is through an HR Audit.

HR Planning 98

HR Planning HR Software Wage and Hour Training Onboarding Software 98

Hppy

FEBRUARY 2, 2018

If your employee retention rate is low and employee turnover is high, meaning that employees are jumping ship faster than you can hire new ones to replace them, there might be a reason. How do you know if you have an employee turnover issue? Also read: Keeping Millennial Workers: How to Improve Employee Retention.

Wage and Hour Training 155

Wage and Hour Training Retention and Turnover Sexual Harassment Harassment 155

ExactHire

FEBRUARY 24, 2022

Even the most profit-focused executive understands the high cost of low retention. Elevate your training beyond a blurb in the handbook. Create a comprehensive anti-discrimination training plan using how-to videos and assessments to ensure understanding. Create additional, in-depth training programs for managers.

HR Planning 244

HR Planning Hiring Software HR Software Video Recruiting 244

Visier

MAY 29, 2018

Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. Some turnover is healthy for organizations, but the danger in such record-setting times is passing a critical threshold of talent loss. For many organizations, voluntary turnover costs millions of dollars.

Hiring Software 152

Hiring Software Analytics Retention and Turnover Onboarding Software 152

HR Lineup

SEPTEMBER 27, 2024

It includes talent acquisition , performance management, and employee engagement, aiming to optimize workforce productivity and retention. It includes talent acquisition , performance management, and employee engagement, aiming to optimize workforce productivity and retention. What Are HRIS, HCM, and HRMS?

HR Software 52

HR Software Onboarding Software Planning Tools Recruiting Software 52

Vantage Circle

OCTOBER 18, 2024

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. Therefore, building a motivated and engaged team and improving retention must be a priority for retail businesses, especially as they tackle low engagement levels and high turnover. What drives them to leave?

Assessment Software 103

Assessment Software Interview Software Recruiting Software Planning Tools 103

Business Management Daily

AUGUST 12, 2024

Their work ethic, experience, education, training, and skills add value to your business. Offering solid benefits and a compelling employer value proposition can help attract top talent and increase employee engagement and retention rates. Prioritizing EVP can solve many business challenges, such as recruiting difficulties or turnover.

Examples 105

Examples Wage and Hour Training Employer Branding Hiring Software 105