Payactiv

OCTOBER 3, 2024

However, the industry is renowned for its extremely high turnover rate. As of May 2024, the average employee turnover rate in the restaurant industry was 5.5%, compared to 3.4% Calculating Your Restaurant’s Turnover Rate Before planning how to reduce your QSR’s turnover rate, you need to understand your current levels.

PayActiv

FingerCheck

APRIL 2, 2025

Earned Wage Access (EWA) offers a powerful solution that can improve financial well-being for these workers, providing them with more financial control, regardless of their pay structure. If shifts change or work hours are inconsistent, it can be difficult to manage day-to-day expenses while waiting for a traditional payday.

Wage and Hour Training

DailyPay

JUNE 30, 2025

Tired of high turnover and the administrative headache of manual off-cycle payments? Consider the boost in employee morale and retention when financial anxieties are eased, reducing the costly cycle of recruitment and training. Imagine less time spent processing paycheck advances and more focus on strategic initiatives.

Staffing Software

Peoplebox

FEBRUARY 7, 2025

The numbers speak for themselves: employees who feel their mental health is harmed at work are: 37% more likely to take time off 18% less productive Make 60% more mistakes Even worse, many workers take time off just to avoid toxic environments. extra days off per month to escape it. So, what makes a great company culture?

Examples

Rallyware for Human Resources

NOVEMBER 30, 2021

Despite various issues such as labor shortages, supply chain disruptions and inflation, for retailers, this holiday season is looking bright. The holiday hiring rush is also beginning, as the Federation also expects retailers to hire more than 500,000 workers, with the majority of the roles part-time positions.

Wage and Hour Training

Business Management Daily

DECEMBER 6, 2021

Employee retention is a major challenge for employers at this time. Many employers are seeing record turnover rates as the economy rebounds from the coronavirus pandemic. Employees largely put off changing jobs during the pandemic due to the level of instability in the labor market. Allow telecommuting.

Wage and Hour Training

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

Recruiters Lineup

DECEMBER 5, 2023

Navigating the hiring process in Colombia requires a strategic and culturally sensitive approach. Colombian Labor Laws and Regulations Colombian labor laws are crucial for employers to grasp, covering everything from working hours to employee benefits. Minimum Wage: Colombia has a national minimum wage, which is periodically adjusted.

Wage and Hour Training

Rise

JUNE 13, 2019

” Employee turnover is costly. Turnover affects the performance of an organization, and it becomes increasingly difficult to manage as the competition for skilled employees continues to increase. If your organization shares this struggle, it’s time to re-evaluate your retention strategy. Work schedule flexibility.

Retention and Turnover

Recruiters Lineup

FEBRUARY 7, 2024

Hiring employees in Chad, a country located in Central Africa, involves navigating through specific regulations, cultural norms, and labor laws. Whether you’re a multinational company establishing a presence or a local business expanding your workforce, understanding the intricacies of the hiring process is crucial.

Video Recruiting

Recruiters Lineup

JANUARY 23, 2024

If you are considering hiring employees in Azerbaijan, it is crucial to understand the country’s unique business environment, labor laws, and cultural nuances. If you are considering hiring employees in Azerbaijan, it is crucial to understand the country’s unique business environment, labor laws, and cultural nuances.

Video Recruiting

Payactiv

OCTOBER 10, 2024

However, the retail industry is plagued by high turnover rates that exceed the average in other sectors. As of May 2024, the average employee turnover rate in the retail industry was 4.0% As of May 2024, the average employee turnover rate in the retail industry was 4.0% compared to 3.4% compared to 3.4%

Hiring Software

Bonusly

APRIL 10, 2019

High turnover is a major concern for many organizations. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. Turnover is a key HR metric and tends to be understood by leadership as a serious risk. For example, companies often see a turnover spike in January.

Retention and Turnover

AIHR

OCTOBER 11, 2021

This includes: boosting employee engagement, rewarding good work, increasing salaries and benefits, offering consistent schedules and guaranteed hours, and conducting more thorough exit interviews to understand challenges and what employees are actively seeking in an employer. Scheduling and workforce planning 4. Access to earned income 6.

HR Software

Netchex HR Blog

MAY 27, 2024

Turnover certainly isn’t a new problem in the restaurant industry, but employers can’t afford not to invest more into increasing restaurant employee retention. Job insecurity peaked during the pandemic with restaurant closures, and retention perks are quickly becoming must-haves for keeping up with the competition.

Onboarding Software

Employment Metrix

OCTOBER 18, 2018

In just two weeks, the pay bump that Amazon promised its 250,000 employees and 100,000 seasonal workers will go into effect in the U.S. Earlier this month, Amazon announced that it will be raising its minimum wage to $15 per hour, regardless of employees’ full-time, part-time or seasonal status – just in time for the holiday season.

Wage and Hour Training

Decusoft

NOVEMBER 19, 2021

million, and that number shows no signs of slowing down as we approach the holiday season. Workers are turning their side hustles into full-time employment, battling a barrage of unpredictable school closures and online learning challenges, and switching career paths. . Why are so many people quitting their jobs? in October.

Wage and Hour Training

Payactiv

OCTOBER 24, 2022

High turnover rates are often linked to inadequate leadership. Most people are happy to work hard during their contracted hours, but they also want to devote their time to themselves, their families, and their friends. The Consequences of High Staff Turnover. Top Strategies for Reducing Turnover. Poor Leadership.

PayActiv

Payactiv

DECEMBER 20, 2024

In this article, well examine the hard and soft costs associated with replacing an employee and explore some of the employee retention tactics you can adopt to avoid spending money unnecessarily in this manner. High Employee Turnover Costs Money People decide to move on from their current employers for various reasons.

Wage and Hour Training

Semos Cloud

MARCH 9, 2023

Category All, Best Practices How to Solve Hiring Problems in Manufacturing with Employee Recognition The state of the manufacturing workforce is changing faster than ever. In this blog post, we’re going to talk about the impact of employee recognition on retention and talent attraction. In 1970, blue-collar jobs in the US were 31.2

Employee Recognition

Terryberry

JUNE 30, 2022

Companies scoring in the top 20% for their culture of recognition had turnover rates 31% lower. Either way, this phenomenon has left HR departments everywhere reconsidering their retention strategies – that is, the companies who want to remain competitive are. The Great Resignation Key Takeaways: 11.5 What is The Great Resignation?

Wage and Hour Training

Payactiv

APRIL 12, 2022

According to a Gallup study , employee turnover costs US businesses a trillion dollars every year. Thus, there are a trillion reasons for organizations to care about keeping turnover to an absolute minimum. High Employee Turnover Costs Money. What Is the Cost of Hiring a New Employee? million per year.

Wage and Hour Training

Payactiv

MARCH 14, 2023

However, consistently communicating benefits throughout the year is vital for employee satisfaction and retention. However, it’s essential to understand the unique benefit needs of your workers and how they may vary from season to season. Learn More 2. Let’s dive in. 5 Flexible Employee Benefits to offer Today 1.

Employee Benefits

Payactiv

AUGUST 6, 2021

Welcome to our brand new resource page for Hospitality Hiring! We built this page with you in mind – use it as a learning tool, reference page, and more! We have compiled the latest stats, arming you with all the data you need to make informed decisions when looking at your seasonal hiring plan. AHLA, 2021).

Hiring Software

Zenefits

NOVEMBER 5, 2019

Taking on temporary, seasonal workers is a great way to boost your staffing during this busy season. However, hiring for the holidays is different from hiring permanent employees. For one thing, temporary employees will have to learn the job pretty quickly, as there’s usually not as much time for training.

Hiring

Workday

JUNE 22, 2022

That’s why it’s essential for companies to have a strong employee retention strategy. That’s why it’s essential for companies to have a strong employee retention strategy. Talent Retention Is Topping Agendas. When employees are at risk of turnover, their level of engagement with the business will always decline.

Employee Engagement

Paycor

JULY 10, 2018

It’s important that your recruiters are making data-driven hiring decisions. Having a grasp of certain metrics – such as offer acceptance rates, where your candidates are coming from, how long it’s taking you to fill certain roles, reasons an applicant wasn’t hired – can make the recruiting process more targeted and effective.

Wage and Hour Training

Zenefits

JANUARY 7, 2022

Bonuses are a form of compensation that you give to employees in addition to their set wages. According to the IRS , bonuses are considered supplemental wages, which are taxable. Both types increase the employee’s total wages, and you should double-check withholding criteria for the money you pay.

Bonuses and Incentives

UKG

OCTOBER 15, 2021

There are countless reasons why an employee may need to request time off. Every employee deserves to have sufficient time off from work for various situations, but managing this time-off isn’t always so easy for the business’s side. For the employee, they simply just have to request the time off for a valid reason.

Hiring Software

Recruiters Lineup

DECEMBER 8, 2023

Hiring the right talent is crucial for the success of any business, and understanding the local employment landscape is essential for effective recruitment. This guide will walk you through the key aspects of hiring employees in the Philippines, covering everything from legal requirements to cultural considerations.

Hiring Software

Recruiters Lineup

APRIL 5, 2024

Madagascar, the large island nation located off the southeastern coast of Africa, is not only known for its unique biodiversity and stunning landscapes but also for its diverse workforce and growing economy. Before diving into the hiring process, it’s crucial to understand the legal framework governing employment in Madagascar.

Video Recruiting

Recruiters Lineup

MARCH 20, 2024

However, navigating the intricacies of hiring employees in a foreign country can be daunting without proper guidance. From understanding local labor laws to sourcing talent effectively, there are several considerations to keep in mind to ensure a successful hiring process. How to Hire Employees in Jamaica?

Video Recruiting

SwipeClock

MAY 20, 2020

Learn to Process Payroll Efficiently and Legally. Manual records (including employee timesheets) are lost over 10 times more often than electronic records and are much more vulnerable to employee hours theft. When you hire an employee, you start by gathering information about that employee. How Payroll Processing Works.

HR Software

Replicon

MARCH 13, 2024

Many businesses stay open outside the general 9 to 5 business hours to keep up with customer demand, especially during the holiday season. However, convincing employees to take up shifts outside business hours is challenging. Shift differential can be provided as a flat amount or can be offered as a percentage per hour.

Staffing Software

AIHR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

HR Planning

DailyPay

NOVEMBER 12, 2018

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee turnover rates. In this article, we take a closer look at generational retention rates, and how the millennial generation fulfills and defies their job hopper stereotype. The cost of turnover.

Retention and Turnover

SwipeClock

MAY 25, 2020

They may vary with the season and production demands. Unpredictable schedules are responsible for high employee turnover. It also decreases customer and employee satisfaction. Retool, Retrench, and Rebuild Framework. This has made employee scheduling more complicated. Small Business Employee Scheduling. Table of Contents.

Hiring Software