article thumbnail

Employee Wellness Benefits for Your Quick Service Restaurant Workers

Payactiv

Many quick service restaurant (QSR) operators are hopeful that 2023 will mark a return to financial health as the pandemic’s disruption fades. Inflation, supply chain woes, and staffing shortages – QSR operators have a lot on their plates in 2023. It’s not surprising that the industry has a high turnover rate. hours per week.

article thumbnail

New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. The JOLTS data is current through November (preliminary), while the employment data is for December 2023 (preliminary). In raw numbers this means that in November 2023 in the U.S., there remain over 1.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. The JOLTS data is current through November (preliminary), while the employment data is for December 2023 (preliminary). In raw numbers this means that in November 2023 in the U.S., there remain over 1.4

article thumbnail

5 Ways Workplace Culture Drives Business Profitability

Great Place to Work

In 2023, recession fears have more companies looking to cut costs. Great workplaces have higher retention rates. Companies that make the Fortune 100 Best Companies to Work For® list — the flagship recognition list produced by Great Place To Work® each year — experience half the turnover of their peers.

article thumbnail

Bolstered by new tech, is on-demand pay now a ‘table stakes’ benefit?

HRExecutive

He asserts that companies offering such benefits will gain a competitive edge in talent retention. She says that employers offering Dayforce Wallet report a 15% reduction in time-to-hire and a 21% reduction in 90-day turnover since the implementation of the tool. There is evidence that on-demand pay pulls in candidates.

article thumbnail

The True Impact of Employee Recognition | ClearCompany

ClearCompany HRM

This article about the impact of employee recognition was originally published in August 2014 and was updated in December 2023 with new information and sources. So it’s no surprise that retention is a hot topic, with every organization looking for new ways to hold onto their people.

article thumbnail

15 Employee Engagement Books to Read in 2023

Empuls

Looking for the best books to supercharge employee engagement in 2023? Employalty by Joe Mull Year: 2023 In the era of sky-high turnover rates , how can you engage your workers and prevent them from leaving? Just as we thought. That’s why they search for the best ways to engage workers more effectively.