Curbing Employee Turnover Contagion in the Workplace

Visier

Turnover Contagion: Tracing the Source. It’s also a lesson for HR leaders looking to treat a viral event of a different sort: turnover contagion. In other words, voluntary turnover doesn’t just happen in isolation due to an individual’s job satisfaction issues.

Tackle Employee Turnover With Strategic Leadership Development Investments

Visier

We had built a leadership development program for our Millennial population with the goal of reducing turnover costs. After the first three cohorts went through the program, we dug into the data, expecting to see just that: promotions driving retention.

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5 Top Leadership And Culture Articles For 2018 (So Far)

15Five

In every industry, and particularly in tech, quit rates are climbing, and fierce competition makes employee recruiting and retention two very daunting tasks. For perspective, we took a look at five top 2018 articles from leadership and culture gurus.

Hospital Turnover in 2018: The Trend Continues

Hospital Recruiting

New data, the 2019 National Health Care Retention & RN Staffing Report, published by NSI Nursing Solutions, Inc. Voluntary turnover continues to increase. Competition for talent is also driving turnover, with employee poaching becoming the new norm.

People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

HR analytics empower organizations to use employee data to make better working decisions and improve performance in areas such as attracting top talent, accurately forecasting future staffing needs, and improving employee satisfaction. April 10, 2018 11 AM PST, 2 PM EST, 7 PM GMT

Top Skills of High Performing HR Data Scientists

Visier

In our research over the past year, we have found that–in addition to the analytics-focused CHRO , people analytics function leader , and HR business partner manager –the HR Data Scientist is also key to success. Mid- and senior-level HR Data Scientists must cover all these areas.

Data 407

Employee Turnover is Highest in January: How to Keep Critical Employees from Leaving

Visier

This is the time of year when employers need to be proactive with their employee retention strategies. Recent data from Glassdoor specifically calls out January as the month when more employees are likely to leave. The Cost of Employee Turnover. How to Reduce Employee Turnover.

3 Ways People Analytics Ends Employee Retention Guesswork

Visier

Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. Some turnover is healthy for organizations, but the danger in such record-setting times is passing a critical threshold of talent loss.

Data & People Analytics: A WorkHuman 2018 Recap

WorkHuman

Big data. Many other fields are leveraging the power of data. And now, HR leaders are investing heavily in programs to utilize data for all aspects of workforce planning, talent management, and operational improvement. Talent attrition/ retention. M ater the data.

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.

4 HR management trends coming to 2018

HR Morning

When it comes to HR management, evolving technology and a shift in workforce needs will continue to shape the trends we’ll see in 2018. . Some experts predict that employers who offer flexible work schedules will see gains in recruitment and morale, as well as a reduction in turnover.

Predicting Employee Turnover using R

Analytics in HR

Employee turnover is a major challenge for companies today, especially when the labor market is competitive and certain skills are in high demand. Retention of valued employees makes good business sense. Let’s first look at the data. load data. Data Summary.

11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it.

Influence Your CEO With WOW And OW! Talent Data

Visier

Let’s start with an illustrative example: You report your standard turnover metric – that your salesforce turnover rate is 20%. And when you convert the metric to its dollar impact – such as turnover reduced our sales revenue by $2.3 Talent Data appeared first on Visier Inc.

Data 252

Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes.

Top Five Turnover Causes

HSD Metrics

Data-driven Insights for Employee Retention. In our most recent norm analysis, we found interesting results by industry—and for employee turnover as a whole—that we’d like to share. In most industries, pay ranked third in importance out of the top 12 turnover causes.

Data Journalism for HR: The Beginner’s Guide

Visier

For the average person, data without a narrative is like a trip into the wilderness without a compass: overwhelming and disorienting. That’s why data journalism — a kind of factual storytelling based on data — has become a big trend. Why HR Needs Data Journalism.

Data 310

3 Ways Compensation Policies Can Cause Employee Turnover

Lighthouse

Did you realize that the way your company approaches compensation policy can actually create (or reduce) employee turnover? 3 Ways Compensation Practices Can Lead to Retention Risk. Below are three examples of how attention to compensation can uncover potential retention risk. Organizations that lag the market rate in a specific job function should expect to see higher turnover in that role. Use Compensation Benchmarking as a Retention Predictor.

How to Calculate Employee Turnover Rate

Analytics in HR

In our people analytics community, we’ve had a few discussions about how to calculate employee turnover and retention. In analytics, employee turnover is arguably the most-discussed metric. However, calculating turnover is much trickier than it seems.

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.

Top Five Turnover Causes in Healthcare

HSD Metrics

Top Five Turnover Causes in Healthcare. Human resources professionals and their senior teams are keenly aware that turnover comes at a high cost. Employee turnover also has a rolling effect throughout any company. Give Your Team the Data They Need. Employee Retention

GDPR Data Retention Precautions for Multinational EU Employers

Celergo

As a result, more and more data is being shared on the web. In fact, there were an estimated 8 exabytes of data created and shared this year alone. How does a heavy amount of digital reliance and data transfer affect your business? GDPR Data Retention: What You Need to Know.

ExitRight® Norms and Retention

HSD Metrics

Data-driven Ways to Improve Retention. Our article about the most important turnover causes for employees in 2017 illustrated trends across all industries and drew out some interesting exceptions. The post ExitRight® Norms and Retention appeared first on HSD Metrics.

ExitRight® Norms and Retention

HSD Metrics

Data-driven Ways to Improve Retention. Our recent article about the most important turnover causes for employees in 2017 illustrated trends across all industries and drew out some interesting exceptions. The post ExitRight® Norms and Retention appeared first on HSD Metrics.

Payroll Data Retention Regulation Differences by International Region

Celergo

In this article, we’ll explore payroll data retention in further detail, going through the larger service regions around the world and looking into their unique regulatory features. Payroll Data Retention Rules: EU. Payroll Data Retention Rules: APAC (without Hong Kong).

Workplace Flexibility Helps Employee Retention

HSD Metrics

Many workplace flexibility options are no- or low-cost solutions that can be used to provide a more attractive work-life balance for employees and reduce turnover for the employer. Higher Employee Morale: Having more flexibility lowers absenteeism and even employee turnover.

What You Need to Know About the Cost of Employee Turnover

Bonusly

Do you know how many employees you lose each year to turnover? Although most companies keep track of employee turnover, many fall short when they try to understand its causes and costs in a meaningful way. Do you know how much employee turnover costs you each year?

Improve Retention, Safety, Quality, and Profitability in the CPG Sector with Safegagement™

C. A. Short Company

We’ve done this by tackling big issues head on – dedicating full articles to key concerns such as safety or turnover. Instead of further breaking apart and segmenting the data, we’ll put all those pieces together to see how Safegagement improves your employees’ lives, your customers’ health, and your company’s bottom line. Safegagement Retention CPG employee turnover product quality employee safety Profitability

More Employees Expected to Quit in 2018, Citing Salary as the Top Reason

HR Daily Advisor

Glassdoor ® has released new data which reveals that 35% of hiring decision makers expect more employees to quit over the next 12 months. Improved workplace culture, competitive base pay, and employee career advancement opportunities are associated with lower employee turnover.

How to Onboard for Retention in a Competitive Hiring Market

Silkroad

Companies with higher levels of automation have much higher levels of unwanted turnover – nearly a third of highly automated organizations lose more than 50 percent of their new hires in the first year, and one out of 10 say goodbye to 75 percent of their employees in the first year.

A Step-by-Step Guide to Calculating Turnover

HRsoft

Calculating turnover is important for developing retention strategies and supporting a strong company culture. To begin calculating turnover in your organization, select a benchmark job to validate internal and external metrics.

Tips for Communicating Turnover Insights to Leadership

HRsoft

Calculating turnover can be time-consuming, but to make it truly worth your while, you must find a compelling way to present your findings to leadership. To clearly communicate your company’s turnover metrics, be sure to relay the information in a way that executives will appreciate.

Put Your Employee Engagement Data to Work in 5 Steps

Visier

This story represents a common challenge many organizations continue to face when interpreting engagement data. The key is to link employee engagement data with other critical indicators and make employee engagement-related decisions within the context of key business priorities.

Boosting Employee Retention with Predictive Analytics

Analytics in HR

Employee turnover is a natural part of business in any industry. Excessive turnover decreases the overall efficiency of a company and is very damaging to the bottom line. Understanding the effects of a high employee-churn-rate serves as a motivator for large corporations, or even small businesses, to work toward reducing the turnover rate of their employees and making the company a more appealing place to work. High turnover rates cost the company in other ways, as well.

Benefits Employees Appreciate Most in 2018

HR Daily Advisor

As data breaches have become more common, employers are providing measures for employees to protect their personal and financial information from cyberattacks, and help them recover from an attack. Some employers are starting to offer employees prepaid legal assistance and advice for when the unexpected happens, beyond data breaches. The post Benefits Employees Appreciate Most in 2018 appeared first on HR Daily Advisor. Benefits 2018 employees parental leave Vision Insuranc

A Guide to Adopting a Costing Model for Turnover

HRsoft

Because some ramifications of turnover are more difficult to measure than others, it is advisable to focus on data points that are measurable, indisputable, and relevant to operations in your company when performing an analysis.

Why Employee Turnover Spikes after the Holidays and What to Do about It

Bonusly

But come January, the environment can be drastically disrupted by New Year turnover. Why is Turnover Important? And turnover isn’t just a morale-killer – it’s expensive. Why Does Turnover Spike in the New Year? Although some turnover isn’t within anyone’s control (e.g.