Remove 2016 Remove Employee Benefits Remove Retention and Turnover Remove Retirement
article thumbnail

Industry Insights: Healthcare

Payactiv

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.

article thumbnail

Digital Transformation: How Technology Improves the Employee Experience

Achievers

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Employee Benefits To Support Mental Health

PlanSource

Supporting your employees’ mental health will help support a workforce that is happy, healthy, and productive – a win/win for all parties. Here are ten employee benefit programs to consider to better support mental health: 1.) Employee Assistance Program (EAP). Health Insurance. Stress Management. Social Stuff.

article thumbnail

10 Employee Benefits For Better Mental Health

PlanSource

Supporting your employees’ mental health will help support a workforce that is happy, healthy, and productive – a win/win for all parties. Here are ten employee benefit programs to better support mental health: 1.) Employee Assistance Program (EAP). Financial wellness is a hot topic in the employee benefits space.

article thumbnail

HR Strategy for Corporate Financial Wellness Programs

Payactiv

Return to Blog Home HR Strategy for Corporate Financial Wellness Programs By Sabina Bhatia on April 13, 2016 --> The American economy continues to struggle and employees across all socioeconomic classes need help to meet ordinary recurring expenses. Why Are More Businesses Considering a Financial Wellness Program?

article thumbnail

Employee Loans and How They Work

DailyPay

On the flip side of the coin, according to the United States Department of Labor , the average voluntary turnover rate is 21%. A study published this year in Harvard Business Review indicates that businesses offering long-term financial security to employees have less than half of the industry averages in turnover.

article thumbnail

Employee Recognition and 6 Powerful Ways To Implement It

Vantage Circle

Employee Motivation is paramount in a workplace. Employee motivation is directly related to the performance level of employees, employee retention, and Employee Efficiency. There is probably no greater joy for an employee than receiving a little extra than promised. Eisenhower.