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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. For example, measuring your employee productivity will let you know how much work your team can get done during the day.

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Strategies to Retain Nurses Across Tenures

Edcor

Hospitals have faced an average RN workforce turnover of 102.6% The turnover shot up to 27.1% Turnover rates vary anywhere from 5.6% depending on the size of the hospital according to the 2024 NSI National Health Care Retention & RN Staffing Report. The report also highlights how costly the turnover can get.

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Attrition vs. Turnover: Understanding the Differences

15Five

If you’re at the coffee bar throwing back espresso shots this morning because you were up all night worrying about turnover at your company, you’re not alone. 15Five’s latest research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. What is turnover?

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How Consulting Businesses can Effectively Mitigate Employee Retention Risk?

Hppy

Image by freepik What is Employee Turnover? Turnover rate refers to the rate at which employees leave and must be replaced with new staff. Employee turnover refers to the rate at which employees leave an organization and must be replaced, usually over an annual period. What causes Employee Turnover?

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Employee Wellbeing & DEI: Supporting Inclusivity Throughout the Employee Life Cycle

Speaker: Catherine Mattice - Culture Consultant, Business Coach, Strategic HR Expert

These experiences influence their behavior, productivity, and dedication to the organization. This presentation will help leaders to do just that. At the end of this presentation, attendees will be able to: Use employer branding techniques that speak to inclusivity in order to attract talent that fits an inclusive culture.

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6 Tips to Lower the Cost of Operating a Franchise

PandoLogic

While the franchise fee is a one-time payment it can also be an ongoing royalty that is paid to the franchisor for the right to use their branding, products/services, and business model. Due to the lack of advancement opportunities and low wages, there is also a high turnover rate as well.

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How Does Turnover Impact Your Organization’s Bottom Line?

Visier

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.