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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. You can use KPIs to measure the effectiveness of specific aspects of your human resources department, such as hiring, onboarding, retention, and company culture.

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Retaining Top Talent: Real Estate HR Practices Reducing Turnover

Extensis

In response to rising employee turnover in the industry, many are adopting real estate HR strategies designed to support their workforce and improve retention. High turnover rates, however, impact industry leaders’ ability to maintain such valued teams. Quick look: Real estate companies need dream teams to sell dream homes.

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10 Best Employee Retention Software in 2024

HR Lineup

Employee retention is a critical challenge for organizations across industries. High turnover rates can lead to increased costs, decreased morale, and disruptions in productivity. To address this issue, many companies are turning to employee retention software, which uses advanced technologies to help retain top talent.

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What Causes Low Employee Retention Rates [+ How to Fix!]

6Q

To create an effective and long-lasting team of dedicated workers, you must first understand what causes low employee retention rates. When you keep the employee retention rate high, you save on hiring costs and precious training time. The first step is identifying what causes low retention rates.

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Industry Insights: Call Center

Payactiv

The average call center turnover rate averages between 30% to 45%. This turnover rate is considered very high. Agent Turnover — Why Are They Quitting? Offer alternative workdays between their homes and a physical site. Customers are likely to spend 140% more after a positive experience rather than a negative one.

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How to Adapt When Healthcare Provider Shortages Are Worse Than Ever

Hospital Recruiting

Reducing turnover has never been more critical for healthcare providers. Early intervention may be key to retention. Provide stress management classes onsite and online to help clinicians deal with problems they face during the workday and beyond. There may be dozens of low value tasks that can be eliminated or delegated.

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10 employee retention software programs to maximize engagement in 2024

Achievers

Keeping top talent happy and engaged is more challenging than some may think, but there’s a solution: employee retention software. These advanced tools analyze everything from employee behavior and satisfaction to performance metrics, offering invaluable insights for crafting effective retention strategies. But why is it so important?