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How HR tech’s people data boosts business performance

HiBob

Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. But what tech can you use to support your business’s HR functions and free up the time you need to put your energy into your people?

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Top 15 Tips to Track Payroll Metrics

HR Lineup

Accurate and efficient payroll processing ensures that employees are compensated correctly and on time, while also helping businesses comply with various regulations and tax requirements. Track Employee Attendance and Absenteeism Employee attendance and absenteeism can impact productivity, staffing levels, and payroll expenses.

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Is the Great Resignation really over? Getting to the root of retention problems

HRExecutive

While the movement has been losing some steam over the past year, the cost of employee turnover is still extremely high, as the cost of replacing an employee ranges anywhere from one-half to two times their yearly salary. Mitigating the costs of employee turnover for frontline workers isn’t just an HR issue.

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The True Costs of Employee Turnover

15Five

We know turnover is expensive, but its costs aren’t just financial — they manifest as lost productivity, lowered innovation, weakened team bonds, and reduced agility. As of 2019, US companies were losing a staggering trillion dollars a year to turnover. Direct and indirect costs of turnover. Direct turnover costs.

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Service with a Smile: Increasing Restaurant Employee Retention

Netchex HR Blog

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.

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What’s Keeping HR Up at Night in 2020?

HRExecutive

1 issue among HR professionals in the last three consecutive HRE surveys was employee engagement; last year was the first time that retaining key talent tied for the top spot. You see this in particular when looking at tech companies on the West Coast that have massive turnover.”. So, what changed? for the overall American workforce.

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Everything You Need to Know About Workforce Optimization

Zenefits

Workforce optimization helps you secure the appropriate number of workers to manage business demands at all times. Increased retention. This ultimately lowers your turnover rate and costs. These practices include scheduling, time tracking, performance management, and employee engagement. Time Tracking. Scheduling.