Remove 2014 Remove Compliance Training Remove Productivity Remove Retention and Turnover
article thumbnail

5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

Simultaneously, hospital turnover increased by 0.9% Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. Since 2014, the average hospital has turned over 87.8% The healthcare job market is booming.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Save Your Company from Unhealthy Turnover and Optimize Retention

Bonusly

High turnover is a major concern for many organizations. In 2018, over 40 million people quit their jobs in the US compared to just 30 million in 2014. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. For example, companies often see a turnover spike in January.

article thumbnail

People Analytics and HR-Tech Reading List

Littal Shemer

It offers readers an opportunity to learn and change while enjoying themselves, taking time to contemplate, absorb ideas, and, hopefully, overcome barriers. So here is my People Analytics and HR-Tech reading list on Kindle (no paper books, as I like the trees), ordered chronologically from newest to oldest. First published: May 14th, 2018.

article thumbnail

4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

The cost of employee turnover is outrageously high. This means that if an employee is being paid $40,000 a year, the cost of everything from recruiting to training expenses will be around $20,000 to $30,000. High turnover is one of the major red flags job seekers look for when considering a new employment opportunity.

article thumbnail

Predicting Employee Turnover using R

Analytics in HR

Employee turnover is a major challenge for companies today, especially when the labor market is competitive and certain skills are in high demand. When an employee leaves, not only is the productivity of that person lost, but the productivity of many others is impacted. Retention of valued employees makes good business sense.

article thumbnail

Forbes and CareerBuilder reveal why your top talent is leaving in 2014

Achievers

Forbes published an article about how CareerBuilder recently surveyed over 3,000 workers to find out who is most likely to change jobs in 2014, what employees value most from their employer, and most importantly—what it will take to retain them. Have you heard the news? This may come as no surprise—obviously, most unhappy workers will leave.