Remove 2014 Remove Compliance Training Remove Retention and Turnover Remove Wellness

5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

The healthcare job market is booming. In fact, the US unemployment rate decreased 0.2 in September 2019 , the lowest it’s been since December 1969. In 2018, the healthcare industry alone added 346,000 new jobs , outpacing every other sector for job growth. .

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.

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The No. 1 Cause of Voluntary Turnover

Cielo HR Leader

The research is in—professionals, employees and job seekers are unhappy. Well, that’s certainly the case if you believe StaffBay’s survey of 15,000 employed professionals. According to the study, 87.2% of employees hope to leave their jobs in 2014.

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.

“Counteroffers work!” …and other lies about Employee Turnover

Stratus

In fact, there are a lot of turnover lies that business owners recognize as truth. That doesn’t mean that high turnover must be a way of life for businesses. But first, employers must get past the myths that may be driving employee retention to all new lows. Employee Turnover Myth #1: Counteroffers work. Truth : According to research by insights firm CEB, 50% of employees who accept your counteroffer will still depart the company within a year.

Spur Productivity and Retention With a More Strategic New Employee Onboarding Process

Insperity

Half of all hourly workers leave new jobs in the first four months, and half of senior outside hires fail within 18 months, according to the SHRM Foundation’s report, Onboarding New Employees: Maximizing Success. Was this the right decision? Can I learn all those new procedures?

10 Surprisingly Easy Ways to Retain Your Employees

TalentCulture

Hands down, the most important investment you could possibly have in your company is your employees. Are you investing a large percentage in hiring the right employees? If so, employee retention should be your top priority. Develop an employee retention strategy.

7 Trends to Expect in 2015

Cielo HR Leader

As recruiters, talent acquisition professionals and leaders in HR, the importance of employee engagement, culture, job satisfaction and retention is often discussed. The top-2 responses: 1.) Investing in their employer brand. 2.) Improving employee retention.

Five Strategies to Develop the Modern Manager

Achievers

Bad managers are the number one reason employees quit, but good managers have the power to drive results. With these kinds of results on the line, who wouldn’t want to give their managers the tools they need to become great at their jobs?

How High Employee Turnover Hurts Your Company

TalentCulture

High employee turnover hurts the business bottom line. It’s estimated that the average cost of a lost employee is 38 percent of the employee’s annual salary. Considering the average income in the U.S. Lack of training.

4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

The cost of employee turnover is outrageously high. When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement. Learn What Millennials Want.

Analytics Leaders Discuss New Trends

Bersin with Deloitte

Last week I attended the Talent Analytics Leadership Roundtable hosted by Northwestern University and co-sponsored by Sears Holdings Corporation. The event included over 20 talent analytics thought leaders from companies in high tech, retail, financial services, manufacturing, and service industries - a veritable Dream Team of analytics brainpower. Here is a recap of a few key themes from the discussion. Predictive retention models: Coming to a desktop near you.

Analytics Leaders Discuss New Trends

Bersin with Deloitte

Last week I attended the Talent Analytics Leadership Roundtable hosted by Northwestern University and co-sponsored by Sears Holdings Corporation. The event included over 20 talent analytics thought leaders from companies in high tech, retail, financial services, manufacturing, and service industries - a veritable Dream Team of analytics brainpower. Here is a recap of a few key themes from the discussion. Predictive retention models: Coming to a desktop near you.

Analytics Leaders Discuss New Trends

Bersin with Deloitte

Last week I attended the Talent Analytics Leadership Roundtable hosted by Northwestern University and co-sponsored by Sears Holdings Corporation. The event included over 20 talent analytics thought leaders from companies in high tech, retail, financial services, manufacturing, and service industries - a veritable Dream Team of analytics brainpower. Here is a recap of a few key themes from the discussion. Predictive retention models: Coming to a desktop near you.

Analytics Leaders Discuss New Trends

Bersin with Deloitte

Last week I attended the Talent Analytics Leadership Roundtable hosted by Northwestern University and co-sponsored by Sears Holdings Corporation. The event included over 20 talent analytics thought leaders from companies in high tech, retail, financial services, manufacturing, and service industries - a veritable Dream Team of analytics brainpower. Here is a recap of a few key themes from the discussion. Predictive retention models: Coming to a desktop near you.

Analytics Leaders Discuss New Trends

Bersin with Deloitte

Last week I attended the Talent Analytics Leadership Roundtable hosted by Northwestern University and co-sponsored by Sears Holdings Corporation. The event included over 20 talent analytics thought leaders from companies in high tech, retail, financial services, manufacturing, and service industries - a veritable Dream Team of analytics brainpower. Here is a recap of a few key themes from the discussion. Predictive retention models: Coming to a desktop near you.

Analytics Leaders Discuss New Trends

Bersin with Deloitte

Last week I attended the Talent Analytics Leadership Roundtable hosted by Northwestern University and co-sponsored by Sears Holdings Corporation. The event included over 20 talent analytics thought leaders from companies in high tech, retail, financial services, manufacturing, and service industries - a veritable Dream Team of analytics brainpower. Here is a recap of a few key themes from the discussion. Predictive retention models: Coming to a desktop near you.

Analytics Leaders Discuss New Trends

Bersin with Deloitte

Last week I attended the Talent Analytics Leadership Roundtable hosted by Northwestern University and co-sponsored by Sears Holdings Corporation. The event included over 20 talent analytics thought leaders from companies in high tech, retail, financial services, manufacturing, and service industries - a veritable Dream Team of analytics brainpower. Here is a recap of a few key themes from the discussion. Predictive retention models: Coming to a desktop near you.

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. If and when any of those people actually leave, the cost isn’t trivial. The hiring process takes 36 days on average. What Is Employee Turnover? The U.S.

How Employee Engagement Affects Your Business’s Bottom Line

Insperity

The latter are more engaged. By developing a highly engaged workforce, you can keep the talent you have, keep your customers coming back, and keep your company in the black. With job descriptions, interviews, onboarding and training, hiring new employees can be pretty pricey. That’s why increasing retention is a top priority for most businesses. It makes sense, then, for businesses to make boosting employee engagement a pivotal part of their retention efforts.

How Stay Interviews Can Reduce Employee Turnover Rates

HRsoft

According to the U.S. Bureau of Labor Statistics , four and a half years is the median amount of time employees stay with their company today. That’s a grim statistic, considering the amount of time you spend training employees. Fight the Employee Turnover Rates.

Building an Effective In-House Recruitment Team

Cielo HR Leader

More and more organizations are seeking to gain greater control over the hiring process by building specialist in-house teams to take over the work traditionally done by recruitment agencies. But can an in-house function really compete with the best external consultancies? In this issue we talk to James Ryding, International Talent Acquisition Director at the entertainment giant, NBC Universal, about why he thinks the in-house option is the future for talent sourcing.

Maintain employee retention beyond the festive season

Interact-Intranet

I hope you’re enjoying the office parties with enthusiasm and reduced stress. If done right, this could gear everyone up to start the next year with a bang. Unfortunately, the holidays don’t usually play out like that. Examine why employees leave their jobs in the first place.

Perspective: Why #1 Matters in Background Screening

Aurico

No matter what an employer’s needs, the right fit can be found. For employers who select the wrong background screening company, the two biggest negative consequences are lawsuits from job applicants or employees, and investigations and audits by government watchdogs. The adverse impact associated with negligent hiring and retention, especially as the result of a less than thorough and legally compliant background screen, can devastate a company.

Using Compensation Planning to Improve Engagement & Retention

HRsoft

Improving employee engagement is a major priority for today’s organizations, and for good reason: companies generate 2x the amount of revenue when their employees are engaged, according to Entrepreneur. How Can Compensation Planning Help Improve Engagement & Retention? Disengaged employees are less motivated, less productive and over time, are more likely to leave the company for better opportunities elsewhere, thus creating high turnover rates.

Could employees and companies benefit from a digital detox?

HR Morning

For busy HR pros, the idea of a digital detox may seem as out of reach as winning the lottery. Technology has transformed the way companies and their employees operate every day. Here, we explore the growing concept of the “digital detox.”

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

Editor’s note: This popular post has been updated with new data and information to ensure you’re ready for the talent demands of today and the future. The good news? A data-driven approach can provide the actionable insights HR needs to get the upper-hand and succeed.

Fact or hype: Do predictive workforce analytics actually work?

Visier

At Visier the security and privacy of our customer data is our highest priority. When determining the validity of our predictive analytics capabilities, customer data analyzed was anonymized. So, how can you ensure a vendor’s claim to predict employee retention risks is valid?

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

As a tech company, we experience first hand the challenges faced by HR and business leaders in the hyper-competitive tech talent market. Innovation and ideas come from people, and being able to attract, retain, and develop the best people creates the real competitive advantage.

The Rise of Parental Leave

Everwise

Parental leave policies in corporate America have grown and evolved substantially over the last decade. With the new values and priorities of an increasingly millennial workforce, this is an area where large employers are making an effort to impress. The Business Case.

How Companies Can Effectively Build Their Leadership Pipelines

TalentCulture

The business world is headed for a leadership crisis. 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.

5 Things Keeping Financial Services HR Teams Up at Night

Cornerstone On Demand

It's an extremely challenging time to be holding the reins of an HR team at a financial services institution, with 45 percent of senior executives revealing their companies are hit by cyber attacks as often as on an hourly basis.

How Companies Can Effectively Build Their Leadership Pipelines

SuccessFactors

The business world is headed for a leadership crisis. In its 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.

Quality of Hire Means Something, Here’s Why

Ceridian

Even just ten years ago, the goal for recruiters and even their emerging brethren was to make sure that people met the job requirements. Terms like “cultural fit” were on the fringe and those who wanted recruiters to answer for retention, may potentially get an earful.

Better HR Communication for a Better 2015

UpstartHR

Early every year, the President of the United States makes an address to the nation. The purpose of the annual “State of the Union ” address is to give an account of the year’s events and discuss the priorities of the coming months. If communicated properly, this is an opportunity to reach a larger audience, share major goals, and get buy-in from the constituency. The bottom line.

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