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5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

We’ll also look at winning strategies health systems use for hiring and retention. Did you know hospitals see 100% employee turnover every 5 years? That’s why many of these challenges are related to how your employees feel when they’re at work. 86% of nurses say a flexible schedule is why they stay at their current jobs.

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3 Ways to Help Employees Understand Their Worth

Cornerstone On Demand

A recent study from compensation software company PayScale found that among 71,000 people surveyed, an incredible 83 percent believed they were paid below market rate — even though 66 percent actually earned at or above market value. When they don't have proof otherwise, most people believe they're not paid fairly.

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Inside the Biggest Wave of Salary Increases Since 2008

Kazoo

One major factor behind the increase in such budgets is inflation, currently at its highest level in 40 years. Rebecca Toman, vice president of the survey business unit at Pearl Meyer, told CNBC that the percentage of employers planning raises was unusually high, though increases may not be entirely in line with worker expectations.

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10 Smart Strategies to Enhance Employee Experience

HSD Metrics

Employees who aren’t engaged (and most aren’t) are more likely to move on to other jobs, and the average cost to replace one of those workers is from 90% to 200% of their annual salary (this according to PayScale ). . Head off potential problems at the pass. Reward your employees for strong performance.

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10 Employee Incentive Programs to Engage Your Team

Achievers

Disengagement is cropping up at many companies, and can stem from overexhaustion, ineffective management, or misalignment throughout an organization. Employee engagement should be a huge concern ? If you want to boost employee morale and drive engagement, you need employee incentive programs. Profit sharing.

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Six Considerations When Evaluating Your Compensation Strategy

Tandem HR

Updating job descriptions through observation, surveys, and interviews based on what is necessary to be successful in the role can provide insight when selecting the correct market data and determining whether your current compensation falls at, above, or below market. Lastly, market data is collected at a point in time. Stay Informed.

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Recognizing People: A Recap of the WorkHuman Conference

Compensation Today

Not surprisingly, there was a lot of focus on the human and employee experience at the WorkHuman conference. A number of presenters shared projects that had impact on employee experience within their organizations. So as we begin to automate certain roles, HR should be at the table driving the discussion and defining new roles.