article thumbnail

5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. 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%

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? And if it is, how do you focus your efforts to improve? Let’s take an analytical approach to retention.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Infographic: 5 Reasons Why Employee Retention is So Difficult - DecisionWise

DecisionWise

Why is employee retention so difficult? But the latest data from the US Department of Labor in 2014 shows average tenure is at its highest point over the past 30 years. HOW TO CREATE AN AMAZING EMPLOYEE EXPERIENCE. Read more on Employee Turnover here. Well, times have changed. Download the PDF version.

article thumbnail

QSR Combats High Turnover With On-Demand Pay

Payactiv

Known for its redheaded girl logo, square burgers, and Frosty drinks, Wendy’s franchise is one of the top fast food chains in America; however, like the rest of the QSR industry, it also struggles with employee turnover rates as high as 130%.Offering They have remained engaged throughout the whole process.

article thumbnail

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.

article thumbnail

Are Your Employees Leaving? Here’s How to Master Employee Retention

Madison

In fact, workplace turnover is three percentage points higher than it was in 2014 — hovering at a record high of 19.3 A combination of falling unemployment numbers and an increase in job availability have combined to cause a perfect storm for human resources departments across the country.

How To 40
article thumbnail

People Analytics and HR-Tech Reading List

Littal Shemer

The book offers a clear, accessible, and jargon-free guide for HR professionals to understand how to use technologies to add tangible business value. It teaches how to do a wide range of statistical analyses in both R and in Python, ranging from simple hypothesis testing to advanced multivariate modeling.