Business Management Daily

FEBRUARY 26, 2024

Are your employees engaged with their work? 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. Yet, how do you know what measures to take to improve your employee’s productivity levels?

HR Planning 98

HR Planning HR Software Hiring Software Retention and Turnover 98

Payactiv

FEBRUARY 29, 2024

These statistics refer to the “E” and “G” in ESG, respectively. What exactly is corporate social responsibility, and how important is it for today’s employees and job seekers? Why is Employee Well-Being Now Part of a Company’s Social Commitment? Wellness benefits also help with employee retention.

Recruiting Software 52

Recruiting Software PayActiv Staffing Software Recruitment 52

ClearCompany HRM

JULY 14, 2022

This article was published in September 2019 and updated with new statistics in July 2022. Employee engagement and performance management statistics — and in particular, data around performance reviews — are essentially inseparable. Find out how often managers should give #employeefeedback: Employee Engagement is Not Optional.

Performance Management 452

Performance Management Employee Engagement Hiring Software Planning Tools 452

Empuls

JANUARY 12, 2022

Employee retention is an important focus for your business, whether you’re a small startup or a big, established corporation. Keeping employees in their jobs and at your company means you spend less money on recruiting and training and build an organizational culture of strong connections.

Retention and Turnover 52

Retention and Turnover Compliance Training Employee Engagement Compensation 52

Analytics in HR

FEBRUARY 28, 2024

HR analytics allows HR professionals to make informed decisions and create strategies that will benefit employees and support organizational goals. People analytics expands beyond HR to incorporate data from other sources within the organization, such as marketing, finance, and customer statistics, to address a wider scope of business issues.

HR Planning 112

HR Planning Analytics HR Software Hiring Software 112

ClearCompany HRM

SEPTEMBER 9, 2021

This article on employee development statistics was updated in November 2016. All relevant statistics and copy have since been updated as of September 2021. A desire for employee training and development opportunities is one of the top reasons workers move to a new company or start their job search.

ClearCompany 432

ClearCompany Hiring Software Assessment Software Planning Tools 432

Homebase

JUNE 22, 2023

Finding and keeping talented employees is an uphill battle for most hiring managers, regardless of the industry. That’s why employee retention is important, especially in the construction industry. With a little help, you can retain your valuable construction workers and avoid becoming another turnover statistic.

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

TinyPulse

SEPTEMBER 8, 2020

Does power lie in the hands of employees? In today’s job market it does, and leaders must address the causes of attrition to retain their workforce.Employee loyalty is hard to earn but ultimately the key to business success.

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DailyPay

NOVEMBER 16, 2023

How Hospitals and Clinics Can Retain Employees What Is Employee Retention? One helpful way for a company to gauge its employee engagement is by measuring retention. Employee retention statistics indicate a company’s ability to keep its employees over a certain time period.

Retention and Turnover 52

Retention and Turnover Strategy Staffing Software Hiring Software 52

Hppy

FEBRUARY 26, 2024

Many businesses , industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. Travel insurance is also essential if employees are required to travel for their work.

Wage and Hour Training 195

Wage and Hour Training Bonuses and Incentives Compliance Training Onboarding 195

HR Brew

MARCH 8, 2024

The US economy added 275,000 non-farm payroll jobs in February, the latest jobs report from the Bureau of Labor Statistics (BLS) shows. Solid job growth and a historically low unemployment rate, along with the recent dip in the quits rate , could be a signal to HR that it’s time to spend more time focusing on retention over recruitment.

HR Software 304

HR Software Recruiting Software Payroll Analytics 304

ClearCompany HRM

FEBRUARY 29, 2024

This post was originally published in July 2021 and updated with new recruiting statistics in February 2024. Using new strategies and incorporating new technology not only aids recruitment and hiring but also contributes to higher retention among both new and tenured employees. Want to know what's shaping the future of hiring?

Recruiting Software 222

Recruiting Software Hiring Software Interview Software HR Software 222

ClearCompany HRM

APRIL 18, 2023

This post on talent management statistics was published in October 2020 and updated in April 2023. These people management statistics show the importance of a talent management plan that extends beyond hiring and considers every part of the employee experience. 72% of employees prefer to work hybrid.

ClearCompany 222

ClearCompany HR Software Hiring Software Talent Management 222

Xoxoday

OCTOBER 9, 2020

You must know these employee retention statistics to understand that people sitting out there are your lucky charms. How crucial is keeping your workforce intact?

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TinyPulse

AUGUST 7, 2019

Does power lie in the hands of employees? Employee loyalty is hard to earn but ultimately the key to business success. In today’s job market it does, and leaders must address the causes of attrition to retain their workforce.

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ClearCompany HRM

MAY 11, 2023

Core competencies are the unique traits, attitudes, and behavior patterns that enable employees to succeed in that particular role. Its benefits range from eliminating bias to decreased employee turnover rates. They increased workforce diversity by 6%, with new hire retention rates of around 90%.

ClearCompany 412

ClearCompany Competencies Hiring Software Hiring 412

ClearCompany HRM

SEPTEMBER 12, 2023

The benefits of an organized new employee onboarding process are no secret. Statistic after statistic proves the value of onboarding: Onboarding can increase employee engagement by up to 54%. Onboarding programs have increased retention by as much as 82%. How Do Onboarding Systems Work?

Onboarding Software 397

Onboarding Software Hiring Software HR Software Planning Tools 397

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? How to Calculate Employee Turnover Rate?

Retention and Turnover 98

Retention and Turnover HR Planning Hiring Software How To 98

CoreCentive

NOVEMBER 1, 2023

In the dynamic world of healthcare and hospitals, where lives are on the line daily, employee burnout, turnover, and shortages can have serious consequences. As a trusted partner in creating and managing robust employee recognition programs, CoreCentive understands the unique challenges faced by healthcare HR professionals.

Employee Recognition 52

Employee Recognition Retention and Turnover Employee Engagement Staffing 52

Precheck

JANUARY 27, 2020

Healthcare Onboarding Best Practices: Improving Retention from Day One Jan. Employee turnover comes at a high cost, especially in healthcare. In order to function, employee retention has to be a priority from the moment a new hire signs an offer letter, if not before. Bryan Barajas Marketing Director.

Onboarding 102

Onboarding Retention and Turnover Talent Experience Talent Acquisition 102

15Five

MARCH 15, 2024

Founded in 2012 and headquartered in Austin, TX, the company is responsible for over 130 employees. When she joined TrustRadius, employee turnover was 40% — a number that Jamy needed to reduce quickly. She made it her goal to increase employee engagement by improving manager effectiveness. 15Five is a flywheel.

HR Software 186

HR Software Onboarding Software Retention and Turnover Employee Engagement 186

ClearCompany HRM

SEPTEMBER 5, 2023

Unless you’re brand-new to your human resources career, by now, you know what the research says about onboarding new employees. The employee onboarding process is integral to the employee experience, and it affects retention, performance, and engagement. If you’re wondering, “ What is employee onboarding , exactly?”

Onboarding Software 420

Onboarding Software Onboarding Hiring Software ClearCompany 420

ExactHire

MAY 17, 2022

An effective onboarding process can have a positive impact on nearly every aspect of your business, from improving retention and engagement to strengthening your company’s culture and employer brand. New Hire Onboarding Statistics. Half of new hires leave in the first 18 months of employment, according to onboarding statistics by SHRM.

Onboarding Software 244

Onboarding Software Onboarding Hiring Software Data 244

ClearCompany HRM

APRIL 27, 2023

According to HR Executive, 86% of HR leaders say they’re putting more effort into employee engagement to improve retention this year. A company cannot function without its employees, and they’re becoming harder and harder to find and keep. Let’s look at seven benefits of employee turnover.

ClearCompany 266

ClearCompany Retention and Turnover HR Software Hiring Software 266

ClearCompany HRM

JUNE 17, 2021

We’ve compiled statistics and trends that showcase the necessity of data and people analytics for continued organizational success in a post-pandemic workplace. Please properly credit the source of the statistic (linked) when using it in your own work. 16% of employers use technologies to monitor their employees frequently.

HR Software 473

HR Software Hiring Software ClearCompany Recruiting Software 473

ClearCompany HRM

JUNE 16, 2022

Driving employee retention remains a top priority for HR teams as the Great Resignation and hiring challenges continue. There are millions of open positions, and employees continue to quit by the million, too. employees dropped from 36% in early 2020 to 34% in 2021 to 32% today. Performance Management Matters.

Performance Management 380

Performance Management ClearCompany Hiring Software Planning Tools 380

HRsoft

DECEMBER 21, 2015

Employee Retention is a scary concept, but it is essential. In the HR setting, both productivity loss and recruitment costs peg the expense of replacing an employee at a staggering 1.5 In the HR setting, both productivity loss and recruitment costs peg the expense of replacing an employee at a staggering 1.5

HR Software 40

HR Software Interview Software Planning Tools Recruiting Software 40

Vantage Circle

AUGUST 19, 2019

With so much to choose from, employees don’t think twice before switching their job if their current one doesn’t suit them. 1) 69% of employees who undergo effective onboarding are more likely to stay with an employer for at least 3 years, and 58% are more likely to stay on for more than 3 years. Source- hrdive.com).

Sexual Harassment 53

Sexual Harassment Hiring Software Onboarding Software Harassment 53

ExactHire

NOVEMBER 10, 2022

Employee retention is the secret ingredient for long-term growth and competitive differentiation. Why is Employee Retention Important? Organizations that successfully retain employees experience benefits beyond the saving of training and hiring costs. High retention helps attract the best talent as a company grows.

Retention and Turnover 246

Retention and Turnover Hiring Software Onboarding Software Onboarding 246

ClearCompany HRM

MAY 4, 2023

What is employee onboarding? It’s about more than just an employee’s first day — it’s about the entire process of ramping new employees, from when an offer letter is signed until they’re ready to take on the full responsibilities of their role. Hang onto top talent with a structured #OnboardingProcess: 1.

Onboarding Software 335

Onboarding Software ClearCompany Hiring Software Onboarding 335

ClearCompany HRM

SEPTEMBER 28, 2021

Employee development in the workplace has recently been a hot topic in light of the ongoing candidate shortage. With so many workers quitting, it’s imperative that companies strengthen their retention efforts to hold onto top talent. Today’s post will look at more of the benefits of employee development. million in July; 3.87

ClearCompany 355

ClearCompany Hiring Software Onboarding Software Planning Tools 355

Hppy

SEPTEMBER 21, 2023

Employee retention is a big deal for small businesses because people who stay tend to contribute to organizational growth. Moreover, retaining employees is more challenging than hiring them, making it critical for small companies with limited resources. Not surprisingly, 93% of business owners stress about retention rates.

Retirement 91

Retirement Retention and Turnover Trinet Hiring Software 91

Hppy

DECEMBER 13, 2023

When it comes to Human Resources, employee engagement remains a significant factor in a company’s success. The Importance of Employee Engagement Before discussing the strategies, let’s reaffirm the importance of employee engagement. They are more engaged and motivated, which leads to higher productivity.

Employee Engagement 113

Employee Engagement Strategy Retention and Turnover HR Software 113

Achievers

JUNE 22, 2022

Achievers Workforce Institute weighs in with up-to-the-minute, science-driven employee experience research. With the exception of employees like front-line workers, who must be on-site to perform their duties, working from home became the norm. A seismic shift occurred in the workforce in recent years.

HR Software 187

HR Software Planning Tools Talent Experience Policies 187

Linkedin Talent Blog

OCTOBER 19, 2022

Bureau of Labor Statistics , in the United States, training supervisors are projected to grow 11% from 2020 to 2030 (faster than the average for all occupations). Training supervisors give employees the tools, structures, and support to gain skills, succeed, and advance in their respective jobs. Globally, there was a 4.7x

Compliance Training 49

Compliance Training Training Retention and Turnover Onboarding Software 49

Trusaic

APRIL 4, 2024

Organizations are under heightened scrutiny to address disparities in pay and opportunities among employees. Conduct an analysis at the intersection of gender, race/ethnicity, age, disability, and more in one statistical regression analysis. This can be streamlined with a pay equity software solution.

Hiring Software 130

Hiring Software Planning Tools Analysis Retention and Turnover 130

ExactHire

MAY 17, 2022

An effective onboarding process can have a positive impact on nearly every aspect of your business, from improving retention and engagement to strengthening your company’s culture and employer brand. New Hire Onboarding Statistics Half of new hires leave in the first 18 months of employment, according to onboarding statistics by SHRM.

Onboarding Software 130

Onboarding Software Onboarding Hiring Software Data 130