Netchex HR Blog

JANUARY 17, 2025

With a strategic mindset, HR staff can support employee development and boost retention for the long term. Strategic HR focuses on big picture goals: Productivity and team building Career growth and leadership development Engagement and retention Community involvement and branding Choose one or the other? Or do you need both?

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HR Software HR Planning Hiring Software AI Recruiting 80

Fond

JANUARY 21, 2020

Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. High Turnover and High Growth. and set a new record for the decade.

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Retention and Turnover Onboarding Software Hiring Software Staffing Software 111

Payactiv

NOVEMBER 20, 2024

In this article, we’ll deep dive into hospitality industry turnover and explore potential solutions to help employers navigate this challenging environment. Average Employee Turnover Rate in the Hospitality Industry The average turnover rate in the hospitality sector is currently 4.9% , compared to the average of 3.2%

Sexual Harassment 52

Sexual Harassment Hiring Software Background screening Wage and Hour Training 52

Intoo USA

AUGUST 29, 2023

To mitigate these effects, organizations need to implement effective employee retention strategies that foster employee engagement and create a more stable and productive workplace. Retirement Retirement attrition occurs when employees exit the workforce upon reaching the eligible retirement age or choosing to retire early.

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Hiring Software Retention and Turnover Retirement Compliance Training 171

Vantage Circle

JANUARY 18, 2023

Continued focus on (employee) turnover is of critical importance, because of the direct relation of turnover to improvements in labor costs and guest satisfaction. "Employee turnover" is a word that makes HR practitioners' hearts skip a beat. What is Employee Turnover? What is Employee Turnover?

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Retention and Turnover HR Planning Hiring Software How To 98

Bonusly

MARCH 7, 2022

Just hearing the word “turnover” can strike panic into the heart of even the most experienced HR professional right now. ??. With all the resignations, reshuffling, and high-speed hiring you’re probably experiencing, it can be hard to come up with an effective employee retention strategy. Turnover isn’t always bad.

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Retention and Turnover Trends Compensation Study 98

Insperity

JANUARY 21, 2021

What do you think of when you see the terms “employee turnover” and “employee attrition?” For many of us, these phrases call to mind workplace dysfunction, job losses or even confusion, because turnover and attrition are closely related ideas. What is employee turnover? So, the turnover rate in this example is 21.62

Retention and Turnover 84

Retention and Turnover Hiring Software Onboarding Software Retirement 84

Hospital Recruiting

DECEMBER 21, 2020

With COVID-19, healthcare institutions faced historically high turnover. While healthcare attrition has statistically been higher than national averages (about 15% pre-pandemic), 2020 saw nurse turnover vary from 8.8% For hospital staffing overall, the report showed turnover rates at 17.8%. Challenges.

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Recruiting Software Hiring Software Staffing Software Recruitment 125

Precheck

MAY 24, 2021

Even contingent labor pools, a common go-to for healthcare organizations to bolster staffing, were stretched thin last year. Here are some workforce planning strategies to boost your healthcare organization's recruiting and retention efforts. Redesign Retirement and Onboarding Programs. Focus on Reskilling and Upskilling.

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Workforce Planning Planning Tools HR Planning Onboarding Software 111

Precheck

FEBRUARY 11, 2019

But when it comes to the relationship between healthcare HR and nurses, many people focus on the problems plaguing nursing , including staffing shortages, turnover and burnout. She recommends that nursing leaders and HR make an intentional effort to work together to solve the recruitment and retention issues facing healthcare.

HR Planning 101

HR Planning HR Software Staffing Software Retention and Turnover 101

Achievers

FEBRUARY 17, 2019

This is just to help you reflect on your current staffing situation.) As more trees retire, they are not likely to be replaced by newer trees who will stay long term but, instead, those roles will become more revolving-door positions. There is no right answer. Is it 70/30, 60/40, 50/50? Scary, right? It doesn’t have to be!

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Hiring Software Retention and Turnover Staffing Software Employee Engagement 141

DailyPay

NOVEMBER 6, 2018

history enters retirement age and beyond, caregivers are more in demand than ever. 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. Why is Staffing an Issue for Caregivers?

Retention and Turnover 52

Retention and Turnover Wage and Hour Training Industry Staffing 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. If a leader is on vacation or retiring within the next several years, for example, conduct trial runs by rotating tasks. Holding the reins. Operations.

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HR Software HR Planning Hiring Software Recruiting Software 145

DailyPay

JUNE 14, 2021

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. The turnover rate in the health care industry has risen nearly 5% — across all jobs in the industry — over the last decade. Retention Patterns In Health Care.

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Retention and Turnover Staffing Software Staffing Hiring Software 59

HR Daily Advisor

JANUARY 3, 2018

How many people in your organization have been there 10+ years, are deep-rooted and likely aren’t going anywhere until retirement? And find new staffing milestones worth rewarding—not the traditional model of 5- and 10-year pins. So should you be making your staffing structure, scheduling or other decisions based on seniority?

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Staffing Software Staffing Hiring Software Retention and Turnover 0

Guideline

AUGUST 12, 2019

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. Since they began studying the topic in the 1900s, analysts have identified countless reasons for employee turnover. So What Should Businesses Do?

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Retirement Zenefits Retention and Turnover Study 67

Hppy

AUGUST 23, 2022

However, poor employee retention is a problem that many companies encounter, and not all of them understand the reasons why. If employees feel overworked, underappreciated, or they’re doing the work of more than one person due to staffing shortages, you might find that they don’t stay with your company for as long as you would like. .

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Time and Attendance Staffing Guidelines Retirement 91

DailyPay

APRIL 10, 2021

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? The separation rate includes employees who voluntarily quit a position, layoffs, retirements, and discharges. In other words, 15.1%

Retention and Turnover 59

Retention and Turnover Industry Hiring Software Staffing Software 59

Hireology

AUGUST 25, 2017

Only 5% of today’s job seekers are interested retail automotive careers, and Baby Boomer technicians are retiring at a rapid rate, meaning dealerships are facing difficulties identifying and hiring quality auto technicians. Below is an overview of the various costs associated with service technician turnover.

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Employer Branding Certification Staffing Hiring 70

AIHR

MARCH 21, 2023

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? Contents What is attrition rate?

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Hiring Software Retention and Turnover Compliance Training Compensation 119

AIHR

JUNE 15, 2020

For example, if a large proportion of a target group is nearing their retirement age, or if engagement scores for key employees are very low, make them pop out! Instead, provide guidance in the graphs by pinpointing results that should catch the viewer’s attention.

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Metrics HR Planning Retention and Turnover Hiring Software 133

AIHR

JULY 26, 2022

Headcount planning involves setting hiring targets, creating reskilling and upskilling plans for current employees, decreasing employee turnover, and analyzing worksite occupancy and company-specific objectives and strategies. HR and management can collaborate to make financial decisions based on accurate headcount data and future plans.

HR Planning 143

HR Planning Planning Tools HR Software Hiring Software 143

Precheck

APRIL 27, 2020

Quickly Recruiting and Onboarding Retired Healthcare Workers Without Compromising Safety Apr. With high turnover and staffing shortages, healthcare recruitment can be challenging in the best of times, but now countries face the critical need to quickly bring thousands more healthcare workers into their health system.

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AI Recruiting Onboarding Software Recruiting Software Retirement 64

AIHR

NOVEMBER 2, 2022

Turnover : Descriptive analytics could be used to analyze employee turnover rates to compare the annual turnover between two teams or two departments. With this knowledge, you can make changes that will keep more staff with the company and lower the turnover rate. Diagnostic analytics. Prescriptive analytics.

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Analytics HR Planning HR Software AI Recruiting 138

EmployeeConnect

MARCH 20, 2017

In the past, companies usually measured employee engagement by analysing turnover rates. Unfortunately, that strategy relies on 20/20 hindsight instead of identifying practical ways to reduce turnover proactively. That’s why today’s software applications for measuring key performance metrics are so valuable.

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Metrics Assessment Software Staffing Software Objectives & Key Results 138

AIHR

MARCH 16, 2023

Talent assessment and planning Talent assessment and planning involves anticipating future staffing needs and planning how these can be met by developing existing talent. Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue.

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AI Recruiting HR Software Strategy Hiring Software 144

Business Management Daily

JUNE 14, 2023

Organizations in the US have had a problem with high turnover rates ever since 2018, when they hit an all-time high. Turnover rates have continued to increase ever since, especially during The Great Resignation — where more than 47 million Americans voluntarily quit their jobs. Does your company’s turnover rate need work?

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Retention and Turnover How To HR Planning Retirement 52

AIHR

FEBRUARY 15, 2022

Understanding your organization’s strengths, weaknesses, and future needs in terms of its workforce is essential to making effective staffing decisions. Workforce analysis takes a broader approach than people analytics by using both employee and ROI data to make informed recruitment, retention, and employee management decisions.

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Analysis HR Planning Hiring Software Retention and Turnover 98

Zenefits

NOVEMBER 28, 2018

Unfortunately, many companies are facing the challenge of doing just that– as turnover rates rise employers are experiencing a record number of job vacancies without enough qualified candidates to fill them. The vacant job problem is greater today than it has ever been, one of the main factors being high employee turnover rates.

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Hiring Software Retention and Turnover Staffing Software Planning Tools 56

Extensis

DECEMBER 20, 2023

Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles. According to the American Staffing Association, 80% of U.S. On the other hand, many employees are choosing to work past the traditional retirement age or return to work after retiring.

HR Trends 102

HR Trends HR Software HR Planning Trends 102

AIHR

JUNE 19, 2023

The world of staffing and HR can quickly change. Forecasting is also used to determine shifts in the labor market, turnover rates, and retirement projections to help businesses identify what skills they will need in the long term. Employee development and retention Employment isn’t a one-way street.

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Planning Tools Talent Experience 10KC Hiring Software 105

FingerCheck

OCTOBER 19, 2023

A high employee retention rate is often a sign of a healthy business. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention? Employee retention is the science of reducing employee turnover. What Are the Benefits of Employee Retention?

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10KC Talent Experience Retention and Turnover Strategy 52

AIHR

OCTOBER 11, 2022

Providing employees with learning opportunities can boost employee engagement, resulting in higher productivity and profitability while lowering employee turnover. An engaged workforce often equates to higher productivity rates, increased profitability and employee retention. Reducing turnover. Skills gaps.

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Planning Tools HR Software Compliance Training Hiring Software 145

HR Digest

JANUARY 12, 2024

Retention strategies demand scrutiny. Consider what you’re doing to improve retention. These are not new challenges for HR teams, but they are the persistent ones we’ll need to tackle in the year ahead.” – offices will be empty and likely impact staffing options, especially in terms of female representation.

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HR Software HR Planning AI Recruiting Hiring Software 109

HRExecutive

JUNE 6, 2023

Advertisement - As hospitality companies worked to right-side their finances in the ensuing years, one of the most visible effects was on staffing. A self-described “numbers and analytics person,” Riddle got to use those skills during a crash course on retirement plan management in a college internship at a Washington, D.C.,

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Staffing Software HR Software Hiring Software Recruiting Software 104

AIHR

SEPTEMBER 7, 2023

HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention.

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HR Planning Hiring Software Resources Background screening 119

Spark Hire

JULY 30, 2018

Turnover is inevitable, so talk about your current turnover statistics. Consider who in the organization is moving toward retirement and how that will impact current staffing. Like most companies, you likely don’t feel over-staffing, so there’s plenty of work to go around! And you’ll save time and money, too.

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Hiring Software Hiring Retention and Turnover Staffing Software 74