Fond
JANUARY 21, 2020
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.
Sterling Check
JUNE 1, 2022
According to a recent NSI Nursing Solutions report , the turnover rate in hospitals now stands at 25.9%, resulting in the average hospital losing between $5.2M-$9.0M each year in associated turnover costs. Addressing employee retention can help lower costs associated with hiring, boost employee morale, and reduce turnover.
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DailyPay
NOVEMBER 13, 2018
In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at employee turnover rates for hotels. These findings also lead to actionable solutions that can help curb turnover issues.
Precheck
JULY 8, 2019
How Physician Employment Is Changing — and What It Means for Healthcare Systems Jul. Research by the American Medical Association notes that in 2018, there were fewer physician owners than physicians employed by larger healthcare networks. Despite the goal of centralization, many healthcare systems are experiencing fragmentation.
Zenefits
JANUARY 3, 2019
Turnover is expensive for any employer. Every organization that employs people will have at least some turnover. Every organization that employs people will have at least some turnover. Should you have a goal for your employee retention rate? What Is a Good Employee Retention Rate? Excellent questions.
Bonusly
DECEMBER 5, 2019
To solve employee turnover, we look at employee retention best practices and organization-specific strategies. Current best practice is to improve the employee experience in order to increase employee engagement and retention—and all the other great things that come with them, like improved business performance. Total rewards.
Littal Shemer
OCTOBER 11, 2022
I find here inspiration, blended with practical guidance and validation for my practices, mixed with new ideas and innovative tools, but most of all, an “open door” to a professional community , which I’m happy and honored to be a part of it. First published: May 14th, 2018. Last update: October 10th, 2022.
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