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5 Things Keeping Financial Services HR Teams Up at Night

Cornerstone On Demand

Accenture found that the average cost of cybercrime for the industry has grown by 40 percent over the past three years, from $13 million per firm in 2014 to $18 million in 2017—that includes regulatory fines, legal expenses, restoration of customer losses and other costs.

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People Analytics and HR-Tech Reading List

Littal Shemer

Following a nine dimensions model, the book demonstrates how to use people data to increase profits, improve staff retention and workplace productivity as well as develop individual employee experience” HR Analytics Essentials You Always Wanted To Know Michael Walsh (2021). Boudreau , Wayne F. Cascio, Alexis A. Fink (2019).

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Best Employee Onboarding Tools in 2022

HR Lineup

Additionally, excellent onboarding systems will reduce employee turnover because of the impression it leaves on your candidates. . They focus on a myriad of elements of success for onboarding and retention while providing continual H.R Keep in mind that HR onboarding tools are essential to ensure your new hires feel welcomed.

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How Companies Can Effectively Build Their Leadership Pipelines

TalentCulture

In their 2014 Global Human Capital Trends report , Deloitte found that 86 percent of businesses believe they do not have an adequate leadership pipeline, and 79 percent believe they have a significant retention and engagement problem. For many HR professionals, the problem begins with the word “retention” itself.

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What Is Employee Turnover (and Why It Matters)

Zenefits

At some point, if your business is more than one person, you’re likely to deal with employee turnover. In this article we walk the basics of employee turnover, including how to calculate it, industry benchmarks, and how we can use turnover rates to better understand business or economies at large. percent per month.

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A Global Employee Engagement Model Fit for the Hospitality Sector

Maritz Motivation

employers, the hospitality sector suffers unusually high employee turnover. According to the Bureau of Labor Statistics’ Job Openings and Labor Turnover (JOLTS) data , turnover in the hospitality sector grew by 10 percentage points from 56.6 percent in 2014, compared to a 44.4 percent in 2014, compared to a 44.4

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10 People Sustainability Strategies for Your Business

Vantage Circle

Improved Employee Engagement and Retention When employees feel that their well-being and development are prioritized, they are more likely to be engaged and committed towards their work. This can lead to lower turnover rates, higher productivity, and better business outcomes. And how to proceed with it within an organization?