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Tired of Employee Turnover? Increase Retention with this Easy to Implement Cost-Free Solution

Payactiv

Turnover is costing you exorbitant amounts of money every year and HR departments have been fighting it for decades. The numbers continue to inflate, the need to differentiate yourself from competitors is more important every year, and the cost associated with turnover can debilitate or even cripple a company. Healthcare. Senior Care.

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Nonprofits Continue to Hire More Aggressively Than For-Profits in 2017, but the Gap is Narrowing

HR Daily Advisor

Sixty-four percent of nonprofits surveyed reported they do not have a formal recruitment strategy, 81% reported they do not have a formal retention strategy, and 52% reported they do not have a formal diversity, equity, and inclusion (DEI) strategy. 50% of nonprofits plan to hire in 2017 ( down seven percentage points from 2016 ).

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Better Employee Retention: 8 Key Ways to Retain Top Talent

6Q

Focus on understanding employees’ core needs and vision for growth to reduce turnover. In a world of “quiet quitting”, “the great resignation”, and the power dynamic shift from employer to employee, organisations can no longer afford to look past the importance of employee retention.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

Can you separate these toxic individuals from the new hires, or is it time to separate those individuals from the organization completely, if they are causing more employee turnover? Today’s workforce is extremely diverse not only in regards to race, religion, gender, generation, etc. Retention is Everyone’s Job.

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How HR Can Tackle Diversity Using the Rooney Rule

Visier

In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule. The need to hire diversely goes beyond dollars and cents, too. How to keep track of your compliance.

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Why Would an Employee Want Pay Equity?

ExactHire

For starters, you can attract a broader and more diverse workforce when you promote pay equity enforcement. Focusing on fairness among the ranks will also help to reduce turnover since staff will want to work for an organization that promotes awareness and equitable best practices.

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10 People Operations Tips for HR Leaders in the Cannabis Space

Zenefits

But with a 100% growth rate from 2016 to 2020 — doubling in size — the legal cannabis industry shows no sign of slowing down. Businesses of all sizes in the industry need well-resourced HR leaders to staff, support, coach, and train their workforces to support the needs of the business, all while remaining compliant and keeping turnover low.