Sterling Check

JUNE 1, 2022

According to a recent NSI Nursing Solutions report , the turnover rate in hospitals now stands at 25.9%, resulting in the average hospital losing between $5.2M-$9.0M each year in associated turnover costs. Addressing employee retention can help lower costs associated with hiring, boost employee morale, and reduce turnover.

Hiring Software 52

Hiring Software Onboarding Software Retention and Turnover Staffing Software 52

ClearCompany HRM

JANUARY 25, 2022

There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. So, refresh your employee retention strategies for 2022 by tuning into the job market and the demands of today’s labor market. less turnover. An estimated 38 million U.S Support Remote Roles.

ClearCompany 370

ClearCompany Hiring Software Onboarding Software Retention and Turnover 370

Analytics in HR

MAY 13, 2024

Learn more HR OKRs: All You Need to Know [With 11 Examples] What is a KPI? For example: Recruitment metrics (e.g., representation of underrepresented groups, diversity training participation) Performance management metrics (e.g., Sales increased by 8.5% and hourly sales rose from $14.44

Examples 97

Examples Objectives & Key Results Hiring Software Retention and Turnover 97

Semos Cloud

JULY 10, 2020

Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates. What Is Employee Turnover .

Retention and Turnover 52

Retention and Turnover Employee Recognition Staffing Software HR Software 52

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

HR Planning 189

HR Planning Retention and Turnover Objectives & Key Results HR Software 189

Visier

DECEMBER 3, 2019

Employee turnover is a critical challenge that almost all HR managers stress over. Turnover rate is a typical measurement that many organizations use as a scorecard for HR. However, the true cost of turnover can’t be analyzed by simply knowing your attrition rate and whether or not it has increased or decreased.

Retention and Turnover 195

Retention and Turnover Hiring Software Recruiting Software HR Software 195

Visier

AUGUST 23, 2021

The need for quick access to answers to help business leaders face these challenges ASAP is immense, and here are just two reasons why: Turnover is ridiculously expensive: According to Gallup’s 2021 State of the Global Workplace Report , replacing workers requires one-half to two times an employee’s annual salary.

Visier 195

Visier Diversity Retention and Turnover Planning Tools 195

15Five

DECEMBER 27, 2023

15Five is thrilled to announce we’ve won a 2023 Gold “Excellence in Technology” award from Brandon Hall Group, a leading professional development company for learning and talent executives and organizations. Our top prize recognition came in the category, “Best Advance in Talent Management Measurement/Business Impact Tools.”

HR Software 139

HR Software Planning Tools Groups Retention and Turnover 139

Analytics in HR

AUGUST 9, 2022

Therefore, HR leaders are very concerned with keeping employee turnover low. That’s why employee turnover data analysis is a valuable tool in your HR arsenal. Understanding employee turnover helps you prevent employees from leaving and retain top talent. Contents What is employee turnover data analysis?

Analysis 123

Analysis Data Retention and Turnover Hiring Software 123

Analytics in HR

MAY 10, 2022

Implementing a solid employee retention strategy is critical for any company. Let’s have a look at employee retention metrics that help improve employee retention at your organization. Let’s have a look at employee retention metrics that help improve employee retention at your organization.

Metrics 136

Metrics Retention and Turnover Hiring Software HR Planning 136

Hppy

DECEMBER 25, 2023

In the persistent battle for talent, appreciating the influence of employee benefits on retention rates can give HR professionals the upper hand. Image by Drazen Zigic on Freepik Understanding the Concept of Talent Retention Talent retention refers to a company’s ability to keep its most valuable employees.

Employee Benefits 113

Employee Benefits HR Planning HR Software Retention and Turnover 113

Vantage Circle

FEBRUARY 25, 2024

Backed by examples, we'll unveil the transformative power of employee recognition. Impact of Recognition on Employee Retention and Employee Experience How can the Recognition Program Drive Business Goals? How Does Recognition Impact Employee Retention? So, let’s dive in! Key Takeaways What is Employee Recognition ?

Employee Recognition 111

Employee Recognition Examples Retention and Turnover Hiring Software 111

Visier

JANUARY 24, 2022

Read Providence’s full customer story on their retention strategy. To succeed, he expected he would have to find specific pockets within the organization where retention rates were so sensitive to pay that the cost of paying everyone more would be offset by the retention of a few. Visier made people analytics faster.

Retention and Turnover 346

Retention and Turnover Visier Hiring Software Background screening 346

Analytics in HR

JANUARY 4, 2024

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

Retention and Turnover 82

Retention and Turnover HR Planning How To Retirement 82

hrQ

MAY 15, 2024

CHROs play a key role in shaping culture by overseeing various facets of employee engagement such as retention strategies and diversity, equity and inclusion (DEI) programs. Depending on the size of your team, a smaller group may get better support using an experienced search firm.

HR Planning 52

HR Planning CHRO HR Software Hiring 52

Slayton Search Partners

DECEMBER 12, 2023

As competition for top talent grows, PE firms must reevaluate their leadership needs and strengthen retention strategies. However, once firms acquire top private equity talent, they must turn their focus on retention, particularly as CEO turnover continues to challenge firms across the PE sector.

Retention and Turnover 45

Retention and Turnover Talent Acquisition Diversity Strategy 45

Achievers

MARCH 30, 2021

Employee retention should always be a priority. HR leaders need to develop a range of strategies to positively impact employee retention. With open feedback channels, building a culture of recognition, and other key techniques, you can boost your retention efforts this year and beyond. Why employee retention matters.

Onboarding Software 260

Onboarding Software Hiring Software Recruiting Software HR Software 260

Workable

FEBRUARY 29, 2024

We already know that onboarding could lead to a 70% reduction in new hire turnover within the first year, so we can imagine how effective it could be for reboarding. Retention and turnover Effective reboarding strategies are also linked to improved retention rates. Why is reboarding important?

Hiring Software 106

Hiring Software Onboarding Software Recruiting Software Retention and Turnover 106

Best Of HR

FEBRUARY 11, 2023

” Employee Mobility Diversity and Inclusion Turnover Retention Rate Match the Metric to the Goal A Baseline of Critical Roles Number of Ready-Now Successors Employee Engagement High-Potential Talent Net Talent Exporter Employee Mobility As someone with experience in HR, I believe one of the best talent management metrics is employee mobility.

Metrics 75

Metrics Talent Management Talent Experience Retention and Turnover 75

Visier

SEPTEMBER 29, 2021

Employee turnover is a challenge that nearly every organization has to contend with, but people analytics makes predicting turnover easier so you can proactively try to prevent your highest performers from leaving—while protecting the bottom line. How Visier helps you determine employee replacement costs. Entry (multiplier of 0.5).

Visier 243

Visier Retention and Turnover Hiring Software Onboarding Software 243

6Q

JUNE 4, 2023

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Analytics in HR

SEPTEMBER 18, 2023

To prove how useful these techniques can be, we’ve gathered 11 real-life human resources examples from organizations all over the globe. From comprehensive benefits to AI talent retention solutions, these cases paint a vivid picture of HR in action. 11 real-life human resources examples 1. AI talent retention solutions 8.

HR Planning 85

HR Planning Hiring Software Onboarding Software HR Software 85

Analytics in HR

JUNE 15, 2020

Getting to know the target groups. Once you have established the target groups important for strategy execution you will need to know the composition and needs of these target groups. The following metrics are crucial in creating a relevant overview for each target group. The must-haves.

Metrics 100

Metrics HR Planning Retention and Turnover Hiring Software 100

Best Of HR

APRIL 18, 2023

To gain insights into the most valuable employee experience metrics, we reached out to a diverse group of professionals, including founders, CEOs, and HR heads. These are based on the experiences of employees and candidates from underrepresented groups, and they give us insights into the effectiveness of our initiatives.

Metrics 40

Metrics Hiring Software Staffing Software Onboarding Software 40

Visier

FEBRUARY 20, 2018

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. Turnover contagion happens when people quit their jobs simply because other people are talking about leaving, job searching, or actually jumping ship. Quitting is contagious.

Retention and Turnover 153

Retention and Turnover Planning Tools HR Software Visier 153

Analytics in HR

OCTOBER 11, 2022

The benefits of employee development Types of employee development plans The biggest challenges in employee development planning Practical examples of successful employee development plans How can HR assist managers in creating an employee development plan? Reducing turnover. Contents What is an employee development plan? Skills gaps.

Planning Tools 140

Planning Tools HR Software Compliance Training Hiring Software 140

DailyPay

MAY 17, 2023

For example, a government employee who needs to repair their car to get to work may not have the funds available to cover the cost until their next paycheck. For example, in a November 2022 DailyPay user study, 67% indicated DailyPay has helped them reduce financial stress. And the challenge doesn’t stop there.

Retention and Turnover 52

Retention and Turnover Staffing Software Retirement Staffing 52

Analytics in HR

JANUARY 8, 2024

This can give your organization valuable insight into retention, which is just one of the reasons why you should regularly conduct employee commitment surveys. Types of employee commitment in the workplace Employee commitment survey questions examples How to conduct an employee commitment survey What is an employee commitment?

Survey 84

Survey Examples Retention and Turnover Employer Branding 84

Precheck

MAY 13, 2019

First and foremost, healthcare organizations need to address problems in the work environment that can lead to employee dissatisfaction, burnout and turnover, and that starts with nursing management. Employers have to address working conditions — including staffing levels — to reduce turnover and improve retention, she says.

Retention and Turnover 111

Retention and Turnover Sexual Harassment Staffing Software Benchmarking 111

ClearCompany HRM

OCTOBER 26, 2023

Ever since turnover spiked to 130% during the pandemic and remained as high as 85% into 2021, it’s been even more of a challenge. If your human resources team is like most, you’re balancing the need for fast hiring with the need for effective retention strategies. When done well, onboarding can improve retention by up to 50%.

Onboarding Software 407

Onboarding Software Hiring Software ClearCompany Onboarding 407

Analytics in HR

APRIL 23, 2023

Investing finite resources into effective employee retention strategies will play a pivotal role in the success of your organization. Let’s explore why employee retention matters and the best employee retention strategies HR can implement in the business. Let’s explore why employee retention matters in more detail.

Retention and Turnover 101

Retention and Turnover Strategy Hiring Software Wage and Hour Training 101

15Five

APRIL 16, 2024

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. For example, if your feedback finds that employees feel like the feedback loop is broken, you can address this concern to improve engagement when onboarding new software.

Onboarding Software 208

Onboarding Software Assessment Software HR Software Planning Tools 208

6Q

APRIL 23, 2023

In this article, we explain how to get better employee retention. On average, companies spend almost $30,00 per employee, and if it doesn’t work out, the costs increase even more: employee turnover costs companies $15,000,000,000 a year. Here are a few employee retention strategies for companies of all sizes.

Hiring Software 104

Hiring Software Onboarding Software Retention and Turnover Recruiting Software 104

Visier

OCTOBER 5, 2021

There are many reasons employees quit their jobs and identifying the main driver will help your team craft the right retention plan to bring down turnover. In most years, employees in less tenured groups lead in overall resignation rates. In 2021, the 20-25 year age group had the highest increase in resignation rate.

Visier 312

Visier Retention and Turnover Compliance Training Analytics 312

Visier

OCTOBER 5, 2021

There are many reasons employees quit their jobs and identifying the main driver will help your team craft the right retention plan to bring down turnover. In most years, employees in less tenured groups lead in overall resignation rates. In 2021, the 20-25 year age group had the highest increase in resignation rate.

Visier 311

Visier Retention and Turnover Compliance Training Analytics 311

Synergita

APRIL 16, 2024

In this blog, we delve into the intersection of HR and OKRs, exploring real-world examples and best practices for harnessing the power of OKRs to elevate employee efficiency. 20 Effective HR OKR Examples A Haufe Talent study indicates that 76% of employees who use OKRs reported being satisfied with their company.

HR Planning 52

HR Planning HR Software Hiring Software Objectives & Key Results 52

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 61

Retention and Turnover Hiring Software Interview Software Onboarding Software 61