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5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

In 2018, the healthcare industry alone added 346,000 new jobs , outpacing every other sector for job growth. . Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. High Turnover and High Growth. The Cost of Turnover.

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8 Thoughts on HR-to-Employee Ratio Best Practices

Best Of HR

Small to midsize businesses are in need of HR support for recruitment, training, salaries, and compliance, and the majority of owners do not feel confident about accomplishing these tasks. Additionally, a 1:15 ratio ensures that there is sufficient coverage in the event of absences or turnover. . These problems need internal solutions.

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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. For example, companies often see a turnover spike in January.

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Employee Retention Rate: All You Need to Know

Analytics in HR

It’s also forcing employers to rethink their talent acquisition and employee retention strategies to keep up to pace with these constant changes. This means that employee retention rate is one of the most important HR metrics that can help you understand how well your organization retains its employees. Let’s dive in.

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Top 10 Types of Training Methods for Employees & Its Benefits

HR Shelf

A company that invests in workplace training invests in its own success. With technology evolving every day, employees expect their companies to be able to provide them with regular, relevant training programs to keep them informed of the newest industry procedures, procedures and technology. billion in 2018.

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Short-Term Solutions for Staffing Issues in Long Term Care

Paycor

was roughly $849 billion in 2018, but that could grow to as much as $2.5 Of course, this is something each state will need to address, but Osterman argues that these changes could help raise the stature of the profession, increase compensation and address the labor shortage issues by attracting new hires. trillion by 2030.

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How to Calculate Employee Turnover Rate

Zenefits

Employee turnover rate is the percent of employees who leave a company within a specific time period. Turnover rate is commonly calculated by month, quarter, or year and includes both voluntary and involuntary losses. Employee turnover rates can vary widely by industry, generation, and location, among other factors.