HR Brew

JULY 31, 2024

The job market continued to slow down in June, according to the Bureau of Labor Statistics’ (BLS) most recent Job Openings and Labor Turnover Survey (JOLTS) report, released Tuesday. HR leaders tend to think of turnover as a negative, but too little turnover can be just as bad for a company as too much. Let’s dig in.

Report 480

Report Hiring Talent Experience Survey 480

HR Bartender

AUGUST 20, 2019

The results are evidence-based insights on a daily basis into those activities that challenge organizations every day, like absenteeism and turnover. Mercer’s Global Talent Trends Report 2019 finds 99% ( yes, that’s not a typo ) are taking action to prepare the future workforce.

HR Software 263

HR Software Staffing Software AI Recruiting Recruiting Software 263

MP Wired For HR

OCTOBER 29, 2024

By incorporating workforce planning into financial models, organizations can predict costs related to hiring, training, and employee turnover, leading to more precise budgeting. Higher Employee Retention: Financial investments in employee development, guided by HR insights, can significantly enhance employee retention.

Workforce Planning 108

Workforce Planning Planning Tools Retention and Turnover Talent Acquisition 108

Intoo USA

APRIL 27, 2023

Workforce redeployment saves money and resources and increases retention Hiring consists of various costs (both monetary and human) to recruit, onboard, and train new employees. Layoffs add to employees’ stress and the time after a reduction event can be one where voluntary turnover increases. What Are the Benefits of Redeployment?

Employer Branding 200

Employer Branding Onboarding Software Staffing Software Retention and Turnover 200

15Five

FEBRUARY 22, 2023

took a step backward in 2022, according to a new Gallup report. Increased retention (and less quiet quitting) When employees become disengaged, they often stop caring about their work and disconnect emotionally. Highly engaged teams experience a 40% reduction in turnover on average.

Employee Engagement 189

Employee Engagement Staffing Software HR Planning Retention and Turnover 189

ClearCompany HRM

APRIL 12, 2022

As workers continue to resign, the benefits of employee retention have never been so apparent and companies are naming retention a top priority this year. With 50% of CEOs saying that recruitment and retention are one of their biggest challenges in 2022, it’s time to turn to more creative ways to retain employees.

ClearCompany 388

ClearCompany Hiring Software Retention and Turnover Interview Software 388

HR Brew

SEPTEMBER 4, 2024

Job openings posted on the last day of July fell to a new low since January 2021, according to the newest Job Openings and Labor Turnover Survey (JOLTS) report released by the US Bureau of Labor Statistics on Wednesday. But before that, let’s take a look at the main takeaways from the report. Data shows a reported 7.7

Hiring Software 377

Hiring Software Report Data Retention and Turnover 377

ClearCompany HRM

JANUARY 25, 2022

There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. So, refresh your employee retention strategies for 2022 by tuning into the job market and the demands of today’s labor market. less turnover. An estimated 38 million U.S Support Remote Roles.

ClearCompany 370

ClearCompany Hiring Software Onboarding Software Retention and Turnover 370

Achievers

JANUARY 26, 2021

The employee turnover rate across all industries is 10.9 Here are five helpful questions to ask yourself in order to avoid (or at least minimize) the number of times you’ll face employee turnover. . How you build and sustain a culture of recognition can be your key to addressing employee turnover.

Retention and Turnover 314

Retention and Turnover Hiring Software Planning Tools Recruiting Software 314

HR Brew

MAY 2, 2024

The Bureau of Labor Statistics’ (BLS) latest Job Openings and Labor Turnover Summary (JOLTS), released on May 1, showed the number of job openings in March “changed little” when compared to February. million job openings in March, the BLS reported, compared to 8.8 The] JOLTS report is fairly benign and boring. What’s happening?

Report 396

Report Retirement Compensation Hiring 396

PeopleStrategy

NOVEMBER 7, 2023

HR can help engage and align employees with the organization’s purpose and values, which can positively impact an organization’s attraction and retention efforts. Despite all that must be done at year’s end, HR must ensure these reports and compliance notices are prepared and submitted in a timely manner to avoid penalties and fines.

Hiring Software 130

Hiring Software Retention and Turnover Recruiting Software Payroll 130

EmployeeConnect

NOVEMBER 5, 2024

Now, companies are finding that work-life balance —enabling employees to excel both professionally and personally—is critical in reducing turnover and boosting job satisfaction. Let’s explore why work-life balance has become a cornerstone of retention strategies and the ways companies are adapting to this trend.

Retention and Turnover 264

Retention and Turnover Employer Branding Talent Experience Policies 264

EmployeeConnect

MARCH 6, 2024

One persistent challenge stands out as a formidable hurdle for HR managers: employee retention. This blog explores the problem of high turnover rates and the multifaceted challenge of retaining valuable employees. High turnover rates signal deeper issues within an organisation, often resulting from a combination of factors.

Retention and Turnover 264

Retention and Turnover HR Software Bonuses and Incentives Career Development 264

15Five

NOVEMBER 14, 2023

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Course 246

Course Retention and Turnover HR Software Metrics 246

15Five

MARCH 15, 2024

When she joined TrustRadius, employee turnover was 40% — a number that Jamy needed to reduce quickly. To help, she onboarded 15Five to equip managers with the tools they need to effectively lead teams, drive high levels of employee engagement, and actively reduce turnover. 15Five is a flywheel.

HR Software 246

HR Software Onboarding Software Retention and Turnover Employee Engagement 246

Analytics in HR

MARCH 16, 2023

Talent acquisition Talent shortage research by ManpowerGroup has found that 3 out of every 4 (75%) companies report talent shortages and struggle to acquire the right people, with large companies struggling the most. Investing in L&D initiatives and rewarding and recognizing good work will reduce turnover and help you retain top talent.

AI Recruiting 144

AI Recruiting HR Software Strategy Hiring Software 144

15Five

JANUARY 11, 2023

If you’re at the coffee bar throwing back espresso shots this morning because you were up all night worrying about turnover at your company, you’re not alone. 15Five’s latest research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. What is turnover?

Retention and Turnover 246

Retention and Turnover Retirement HR Software Talent Experience 246

Analytics in HR

FEBRUARY 28, 2024

HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data. Example: Annual employee turnover rate.) A closer look at employee turnover can reveal helpful insights, such as which departments, positions, or managers lose the most workers.

HR Planning 124

HR Planning Analytics HR Software Hiring Software 124

15Five

JANUARY 29, 2024

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees. What is a good employee retention rate?

Retention and Turnover 246

Retention and Turnover HR Planning Onboarding Employee Recognition 246

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

HR Planning 246

HR Planning Retention and Turnover Objectives & Key Results HR Software 246

HR Bartender

MARCH 7, 2017

Pew Research reports that as of January 2017, ninety-five percent of Americans own a cellphone of some kind and roughly half own tablet computers. The post Reduce Turnover: Develop an Employee Experience Strategy – #WorkInspired appeared first on hr bartender. If the company can’t attract applicants, they can’t hire employees.

AI Recruiting 336

AI Recruiting Kronos Talent Experience Hiring Software 336

EmployeeConnect

DECEMBER 3, 2024

Why Retention Matters Retention isn’t just about keeping employees around; it’s about maintaining a motivated and skilled workforce that contributes to organisational success. High turnover rates can disrupt productivity, burden remaining employees, and inflate hiring costs.

Hiring Software 147

Hiring Software Onboarding Software Assessment Software Recruiting Software 147

Analytics in HR

DECEMBER 2, 2024

By analyzing your historical hiring trends, turnover rates , and workforce demographics, you’ll be better equipped to identify patterns and predict future requirements. For instance, if a particular department has experienced high turnover in the past, HR can use this data to anticipate the need for additional hiring in that area.

AI Recruiting 105

AI Recruiting Planning Tools Hiring Software HR Planning 105

HR Brew

APRIL 2, 2024

The Bureau of Labor Statistics’ (BLS) latest Job Openings and Labor Turnover Summary (JOLTS) released on April 2, showed that job openings , separations, and the hiring rate “changed little” from January to February. What’s happening? There were 8.8 million job openings in February, while there were 5.8 million hires and 5.6

Report 279

Report Compensation Hiring Industry 279

Extensis

DECEMBER 5, 2024

Archive old records: Securely store or dispose of records in accordance with data retention policies and legal requirements. Affordable Care Act (ACA) reporting: If applicable, provide workers with Form 1095-C and file Forms 1094-C and 1095-C to the IRS. Payroll Closing your business’s books at the end of the year is imperative.

Assessment Software 69

Assessment Software HR Software HR Planning Hiring Software 69

EmployeeConnect

JULY 25, 2024

Human Resources (HR) departments are no exception, and the ability to generate accurate, timely, and insightful reports can significantly impact an organisation’s success. An HRIS can revolutionise how HR departments manage and utilise their data, providing a robust platform for enhancing reporting and analytics.

Analytics 147

Analytics Report HR Software Onboarding Software 147

ClearCompany HRM

JULY 28, 2022

A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. High employee turnover rates lead to increased hiring costs, which can be as much as two times the employee’s salary. Organizations with highly engaged employees report: 18% higher productivity for sales teams.

ClearCompany 440

ClearCompany Employee Engagement Hiring Software Productivity 440

EmployeeConnect

DECEMBER 10, 2024

From turnover rates to cost-per-hire, these metrics enable organizations to optimise their talent strategies and improve overall productivity. However, tracking, calculating, and reporting these metrics manually can be time-consuming, error-prone, and inefficient.

Hiring Software 130

Hiring Software HR Software Metrics Recruiting Software 130

Cornerstone On Demand

APRIL 5, 2017

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. 1) New Hire Retention For high-volume hiring, increasing new hire retention is the the name of the game when it comes to determining quality of hire.

Metrics 352

Metrics Recruiting Software Hiring Software Retention and Turnover 352

HRExecutive

JUNE 8, 2023

it may not be surprising that a recent survey found the organization’s future economic outlook to be the top driver of employee turnover. Only 21% of those surveyed cited their relationship with a manager as a potential reason to leave, making it the second-to-last of the top turnover factors. “As

Payscale 135

Payscale Report Retention and Turnover Hiring Software 135

Dr. John Sullivan

DECEMBER 3, 2023

The silliest practice in retention is counting all quits equally in your turnover calculations. So the purpose of this article is to “open your mind” about the problem of measuring only aggregate “total turnover. Which I call “devastating turnover.”An Which I call “devastating turnover.”An

Retention and Turnover 146

Retention and Turnover AI Recruiting Hiring Software Diversity 146

Peoplebox

SEPTEMBER 11, 2024

Limited budget involvement Better retention Internal mobility Organizational flexibility Note – When discussing transfer prospects and employee expectations, it is important to keep the lines of communication open. Boomerang employees Employee turnover can occasionally be attributed to outside factors. Why use this method?

Video Recruiting 111

Video Recruiting AI Recruiting Recruiting Software Hiring Software 111

Visier

AUGUST 23, 2021

The need for quick access to answers to help business leaders face these challenges ASAP is immense, and here are just two reasons why: Turnover is ridiculously expensive: According to Gallup’s 2021 State of the Global Workplace Report , replacing workers requires one-half to two times an employee’s annual salary.

Visier 195

Visier Diversity Retention and Turnover Planning Tools 195

Achievers

SEPTEMBER 12, 2024

Employee turnover rates are a crucial metric for organizations to monitor, as they show how frequently employees leave the company. Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response.

Retention and Turnover 124

Retention and Turnover Hiring Software Employer Branding Recruiting Software 124

Analytics in HR

MAY 29, 2024

HR term example: “Understanding the employee life cycle and knowing how to engage with people in every stage of that cycle improves the employee experience, increases performance, and leads to better retention.” HR term example: “Dysfunctional turnover is a voluntary type of turnover that negatively impacts a company’s end profit.”

COMPAS 113

COMPAS HR Software HR Planning Hiring Software 113

Empxtrack

SEPTEMBER 3, 2024

A report from Gartner reveals that 71% of organizations are planning to maintain or expand their remote and hybrid work models, thus reflecting a strong shift towards flexible work arrangements. According to Forbes, 77% of remote workers report higher productivity and better work-life balance compared to their in-office counterparts.

HR Software 67

HR Software Recruiting Software Planning Tools Hiring Software 67