PeopleStrategy
JUNE 19, 2019
Turnover is a reality of every business. While periodic change can be beneficial to growth, unexpected or constant turnover is a serious problem. Today, we’ll explore three ways to help cut down on turnover and examine how they can bolster your bottom line. Meet staff demands for new benefits.
Payactiv
MARCH 22, 2022
The turnover rate near double creates the perfect storm. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. While many healthcare recruiters blame the Great Resignation for the high turnover rates, it’s hardly the only culprit. Hiring is a multi-layered process. A quarter of U.S.
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HR Daily Advisor
MARCH 13, 2017
Replacing employees is expensive. In a time of low employee retention and high turnover, employers are striving to improve programs with a positive impact on employee engagement. And, let’s not forget, engaged employees aren’t only more likely to stay on the job, they’re more productive,” Carla continued.
Hppy
AUGUST 18, 2017
The constant turnover of millennial workers is both tiring and expensive for company hiring managers. This is due to the cost of the base salary plus recruiting costs, taxes, employee benefits and the physical equipment required for each new employee. Millennials: the dominant generation in the U.S. Conclusion.
Visier
AUGUST 13, 2019
As the floor for compensation moves up , it’s not just the people below the line who feel the impact–the employees who are above the line may also need to see changes. Since all companies will raise their wages as a result of the new bill, some companies have voluntarily decided to pay above minimum wage as a retention strategy.
Precheck
NOVEMBER 28, 2017
Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. One of the largest growing concerns among employers across all industries is retaining high-performing and high-potential employees. Consider the following six practices as you review or develop your employee retention strategy for the years to come.
Achievers
FEBRUARY 18, 2020
In fact, HR departments consider the digital transformation critical to the employee experience, according to Employee Benefit News : “New technologies are no longer a nice-to-have, but a must-have. That’s up from 79 percent who said the same in 2016.” Mental health is another big area where workers need more support.
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