Netchex HR Blog

MAY 14, 2024

In a highly competitive industry known for high turnover, an understaffed restaurant is doomed. If your staffing problems seem tougher than extinguishing a grease fire, then you may just need better tools—like restaurant hiring software. Even so, “business as usual” has always meant high turnover in food service.

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ExactHire

MARCH 23, 2017

Employee retention was considered a top challenge by only 13% of those surveyed. This is curious, considering that the voluntary turnover rate for nonprofits is 19% annually–well above the all-industry average of 12%. The survey also showed that only 16% of nonprofits have a plan for employee retention.

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ClearCompany HRM

MARCH 1, 2022

There are many benefits to focusing on #EmployeeRetention, like saving money and increasing productivity. And with 25% of workers at risk of quitting, retention is more important than ever: What would happen if 25% of your workforce decided to leave your company? That means that prioritizing employee retention in 2022 is essential.

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ClearCompany HRM

JULY 28, 2022

This post was originally published in October 2019 and updated in July 2022 to reflect new information about how employee recognition impacts employee engagement and productivity. A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. trillion globally. 23% more profitable.

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Fond

JANUARY 21, 2020

Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. High Turnover and High Growth. The Cost of Turnover.

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Retention and Turnover Onboarding Software Hiring Software Staffing Software 111

DailyPay

JULY 13, 2021

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often. READ THE EBOOK.

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Wage and Hour Training Retention and Turnover Hiring Software Compliance Training 52

ClearCompany HRM

JANUARY 26, 2023

Today, many software providers offer solutions for managing every part of the onboarding process. A solid program is shown to increase engagement, performance, and retention. Check out these onboarding software solutions that are available today. Find the best software solution to support yours: 1.

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Prism HR

JANUARY 23, 2023

That includes turnover , which can be a challenge for any company. companies that fall into the small and medium-sized business (SMB) category, turnover can be especially difficult for smaller organizations that feel bottom-line hits much quicker than their larger counterparts. So how do you quantify turnover? Since 48% of U.S.

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COATS Staffing Software

JUNE 20, 2023

However, one common challenge faced by staffing firms is turnover among their temporary workforce. High turnover can lead to increased costs, decreased client satisfaction, and a negative impact on overall business performance. When your turnover rate is high, your employees average a shorter tenure with your firm. 1 from 2021.

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Staffing Software Staffing Retention and Turnover Hiring Software 26

Business Management Daily

FEBRUARY 26, 2024

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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EmployeeConnect

FEBRUARY 12, 2023

Employee retention is a critical issue facing companies in today’s competitive business environment. In this article, we will explore the causes of employee turnover, the benefits of employee retention, and the best practices and strategies for managing a successful and productive workplace.

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Empuls

SEPTEMBER 29, 2023

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%. High attrition rates have long plagued the call center industry.

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Homebase

MAY 10, 2023

Employee turnover can be one of your biggest costs as a restaurant owner. High employee turnover is a common battle that restaurants face. If you’re experiencing high employee turnover in your restaurant, you’re not alone. What is employee turnover in the restaurant industry? And when they leave, it can be expensive.

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Hiring Software Onboarding Software Retention and Turnover Staffing Software 52

Achievers

MAY 15, 2024

It’s no easy task filtering through the hundreds of employee rewards software platforms available in 2024. Employee rewards software: The future of employee recognition in 2024 Understanding the importance of employee rewards and recognition Employee engagement goes beyond bean bag chairs and ping-pong tables.

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ClearCompany HRM

NOVEMBER 3, 2022

You know that people are every company’s biggest asset, and an effective onboarding strategy that utilizes software reflects that. Adopting onboarding software aids in creating an awesome onboarding experience for every new employee. Keep reading to learn the biggest benefits of digital onboarding software.

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15Five

APRIL 16, 2024

The right employee engagement software is critical to business success. Without the best tool to help manage and measure employee engagement, you risk missing out on the benefits of a productive, motivated workforce. How to evaluate employee engagement software 1.

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Onboarding Software Assessment Software HR Software Planning Tools 210

Terryberry

JULY 15, 2022

Social recognition software – a way to simplify and amplify employee recognition. . What is Social Recognition Software? Therefore, social recognition software provides a comprehensive platform where recognition can be expressed and received. What are the Benefits of Social Recognition Software? The solution? Visibility.

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Staffing Software Software Employee Recognition Retention and Turnover 96

Homebase

OCTOBER 28, 2023

That could be why you’re looking for job tracking software to take all the messy administrative work out of your hands. Knowing where to start when researching the best job tracking software for your small business can be overwhelming. A detailed breakdown of the 6 best job tracking software for small businesses 1.

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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.

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ClearCompany HRM

DECEMBER 2, 2021

Employee engagement continues to be a trending topic as the global workforce quits their jobs at record rates and retention becomes a top priority. Engagement is a top indicator of retention: highly engaged employees are 87% less likely to leave their role. An effective way to do that is with employee engagement software.

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Hiring Software HR Software Assessment Software Planning Tools 397

Professional Alternatives

DECEMBER 6, 2023

This, in turn, leads to increased productivity and a higher-quality work output. When strategically hiring legal billing clerks, consider their experience with billing software and technology. Look for candidates who are proficient in using billing software systems and are adaptable to new technologies.

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Hiring Software Assessment Software Staffing Software Interview Software 52

ExactHire

DECEMBER 3, 2020

Yet, decision makers often ignore a hidden siphon draining their financial reservoirs: high employee turnover. In terms of lost time, productivity, and resources, every employee that voluntarily leaves costs the company about 15 percent of their annual salary. Luckily, there is plenty you can do to reduce unwanted employee turnover.

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Onboarding Software Onboarding Hiring Software Retention and Turnover 263

Workable

JANUARY 2, 2018

This awkward situation is called new hire turnover. New hire turnover is common. Although there’s no explicit definition, “new hire turnover” usually refers to the number of employees who leave a company within their first year on the job. How to calculate new hire turnover. How to reduce new hire turnover.

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Hiring Software Hiring Wage and Hour Training Onboarding Software 79

Primalogik

DECEMBER 14, 2023

E mployee turnover rates cause countless headaches for HR staff—and rising turnover can even threaten a company’s future. Worse, HR staff and company leaders may struggle to grasp why turnover is happening. And without this understanding, it’s virtually impossible to halt turnover and retain employees.

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Vantage Circle

JANUARY 9, 2024

Quick Summary This blog lists the Top 15 HCM Software Platforms after a rigorous review of the top-performing HCMs in the HR space in 2024. Key Features of HCM The must-have features of Human Capital Management (HCM) software can vary based on an organization's specific needs and goals.

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Homebase

FEBRUARY 16, 2024

Are you struggling with high employee turnover, low staff engagement, or escalating training costs? recruitment, retention) Employee behavior and performance Overall workforce planning and strategy Data Scope HR-specific data (e.g., Are you aiming to increase productivity, enhance employee engagement, or reduce turnover?

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HR Software Hiring Software Staffing Software Recruiting Software 52

Zenefits

DECEMBER 22, 2022

Productive employees yield optimal long-term results. Although obtaining and maintaining productive employees is no simple feat, you can increase the odds through scheduling and forecasting. This is because, oftentimes, hourly employees: Need to be assigned work shifts based on customer/product demand. High turnover.

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Staffing Software Hiring Software Onboarding Software HR Software 53

Best Of HR

JANUARY 2, 2023

What’s the best HR analytics software? From Hibob to Whatfix, here are the 10 answers to the question, “What’s the best HR analytics software?” Hibob is the best HR analytics software for small to mid-sized businesses. IntelliHR is the best HR analytics software out there. ” Hibob.

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HR Software Hiring Software Staffing Software Onboarding Software 40

ExactHire

AUGUST 10, 2023

As we navigate the dynamic world of HR software, several upcoming trends are poised to reshape the way organizations manage their human resources. From AI-driven insights to holistic employee engagement platforms, let’s explore the exciting trends that are set to define the future of HR software.

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Achievers

JANUARY 26, 2021

The employee turnover rate across all industries is 10.9 percent in the technology (software) industry and 10.8 Here are five helpful questions to ask yourself in order to avoid (or at least minimize) the number of times you’ll face employee turnover. . Don’t lose sight of employee turnover .

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Semos Cloud

MARCH 24, 2021

24 Best Employee Engagement Software Platforms. See which employee engagement software platforms you can include in your HR Tech stack to encourage employee engagement. Employee engagement software platforms are becoming the essential parts of companies’ HR Tech stacks. What Is Employee Engagement Software? .

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Peoplebox

MAY 28, 2024

Turnover and attrition are two critical human resources metrics that measure employee departures. In this blog post, we will examine the differences between turnover vs attrition and explore their impact on organizational dynamics, employee retention strategies, and overall workplace stability. What is Employee Turnover?

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Hiring Software Retention and Turnover Onboarding Software Planning Tools 52

Vantage Circle

DECEMBER 19, 2023

Employee retention is pivotal for businesses that cultivate a productive and satisfied workforce. High employee turnover is costly and disruptive. This article explores these employee retention metrics. We can keep tabs on retention in real time by tracking these aspects of employee retention. Did you know?

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Hppy

MAY 22, 2024

In this article, we will explore five custom software solutions designed to automate various HR processes and drive continuous improvement in organizational culture and performance. Custom Onboarding Software A robust onboarding program could enhance new employees’ productivity by 62% and improve their retention rate by 50%.

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Netchex HR Blog

NOVEMBER 28, 2022

Accordingly, qualitative variables like employee satisfaction are easier to analyze with quantitative data points like numerical surveys and Key Performance Indicators (KPI’s) like turnover. KPI’s reflect priority issues for your industry, like revenue and productivity. Track your efficiency and success rate with recruiting software.

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HR Planning HR Software Hiring Software Analytics 82

Hppy

FEBRUARY 7, 2024

In some industries, especially service provision and manufacturing, the Human Resources department also included monitoring the productivity of staff. Currently, digital HR tools have made Human Resources departments more efficient and productive. Want to elevate the performance of your company and staff productivity?

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HR Software Hiring Software Recruiting Software Tools 104

UKG

NOVEMBER 22, 2021

The key from an employer’s perspective is to make sure that whether you’re training new employees or providing ongoing education to your existing workforce, all of your workers are learning the right processes and procedures to keep your workforce functioning at maximum productivity. Who Provides On-the-Job Training?

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