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5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

High-turnover industry: Employee turnover in healthcare has risen since 2010, a decade before we saw it skyrocket during the pandemic. Retirement: Retirement was a top reason healthcare workers left their jobs over the past few years. Today, it remains higher than pre-pandemic levels.

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The big boom: The ABCs of preparing your company for the exodus of retiring baby boomers

Rehmann

is on the brink of an inevitable employment crisis: the Baby Boomer generation – comprising nearly 75 million Americans – has begun to retire in large numbers. In 2010, the percentage of retired baby boomers was 10 percent; that figure has nearly doubled today. Collect data on when key employees plan to retire.

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2024 Contribution Limits to Know: Retirement, FSA, HSA, and Commuter Benefits

Extensis

Quick look: A new year is right around the corner, and with it comes a new set of contribution limits for retirement accounts, health savings accounts, flexible savings accounts, and commuter benefits plans. If neither the taxpayer nor the spouse is covered by a retirement plan at work, the phase-outs of the deduction do not apply.)”

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How do retirement benefits and participation compare by company size?

Guideline

After years of instability in the global economy and the reduced availability of pension plans , employees are becoming more focused on their financial situations after retiring. Research continues to show that retirement benefits are becoming more and more important to employees.

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The Delicate Art of Choosing Part-Time vs. Full-Time Workers

Homebase

Cons of full-time jobs Higher costs: Going full-time often means more benefits like health insurance and retirement plans, bumping up your overall labor costs. Largely speaking, you’re not required by law to give full-time employees benefits, which can include: Health insurance Retirement plans (e.g.,

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Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning

Visier

With baby boomers heading into retirement — by 2050 an estimated 88.5 But there is another retirement population that is perhaps even more worrying to them: nurses. This means that more than one million RN’s will reach retirement age within the next 10-15 years, leading to a drastic shortage of skilled, tenured nurses.

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The Best Benefit to Address the Manufacturing Talent Shortage

Payactiv

million retirements are expected in the industry over the next decade, the industry is estimated to have 2.1 Nevada saw nearly 50% growth in manufacturing employment and GDP from 2010 to 2020, while California had a 45.6% The Department of Labor’s database shows the losses in skilled employees in this sector from 2002 to 2021.