Remove 2014 Remove Blog Remove Compensation Remove Retention and Turnover
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Trust in Leadership Affects Employee Retention #EWS2014

The People Equation

I’m a sponsored blog partner with Spherion (a staffing and recruiting organization) and am participating in the release of findings from Spherion’s 2014 Emerging Workforce Study. This is the final in a series on Spherion’s research project, the Emerging Workforce Study 2014. Many factors drive employee retention.

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Employee Wellness Benefits for Your Quick Service Restaurant Workers

Payactiv

Like many industries, QSR operators are feeling the impact of an ongoing labor shortage coupled with high turnover rates. It’s not surprising that the industry has a high turnover rate. hours per week compared to pre-pandemic levels to compensate for staff shortages. In 2022, QSRs already cut operating hours by an average of 6.4

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4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

The cost of employee turnover is outrageously high. High turnover is one of the major red flags job seekers look for when considering a new employment opportunity. Going beyond these types of “job well done” gestures, making sure top performing employees are appropriately compensated is the most important factor in employee retention.

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The Cost of Turnover: Lost Productivity and Financial Stress

Payactiv

Return to Blog Home 90 Million Americans Under Financial Stress, Living Paycheck to Paycheck: How Did We Get Here? Lost productivity due to absenteeism One in five employees misses work to deal with a financial problem, according a 2014 Consumer Finance Protection Board report. 60-80% of on-the-job accidents are stress related.

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Building a business case: How to convince your company it’s time for a social recognition program

Achievers

As a result, businesses are dealing with high turnover rates, absenteeism, low performance numbers, and loss of customers. You need to get buy-in from your executives, compensation managers, IT, and people leaders before you can introduce new technology. Compensation managers are concerned about cost and analytics.

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7 Employee Expectations in Modern Business

Bonusly

The cost of turnover runs anywhere from 16 to 213% of an employee’s annual salary—so now is the time to consider your company’s current practices and whether you’re living up to your employees’ expectations. Compensation/pay, overall. Want our newest blog posts straight in your inbox? Job security.

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Sabina Bhatia on The Compassionate Capitalist Show with Karen Rands “#1 Method for Employee Attraction and Retention in Current Job Market”

Payactiv

Understanding the impact of turnover and job vacancies, as well as the impact of distracted and anxious employees on quality control and customer experience, is critical to the financial performance of a company and their ability to reach its growth targets for both founders and investors. And so I moved here and I found Payactiv.