15Five

JANUARY 16, 2024

Here’s a treasure trove of stats on employee retention in 2024. Employee Turnover Statistics Quit rates decreased from Q4 2022 to Q4 2023. Fewer people quit their jobs at the end of 2023 (2.2%) than at the end of 2022 (2.7%). Fewer people quit their jobs at the end of 2023 (2.2%) than at the end of 2022 (2.7%).

Retention and Turnover 182

Retention and Turnover Onboarding Software HR Software Interview Software 182

ClearCompany HRM

DECEMBER 9, 2021

Head into 2022 with new ideas to engage your A Players. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. Regular feedback can lead to nearly 15% lower turnover, and as we know, a great majority of employees want more feedback. Be Transparent.

ClearCompany 379

ClearCompany Employee Engagement Strategy Retention and Turnover 379

DailyPay

MAY 17, 2023

In a November 2022 survey of DailyPay users, 49% indicated DailyPay helps them avoid late fees or overdraft fees and 47% indicated DailyPay has helped them avoid taking out a payday loan. For example, in a November 2022 DailyPay user study, 67% indicated DailyPay has helped them reduce financial stress.

Retention and Turnover 52

Retention and Turnover Staffing Software Retirement Staffing 52

Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. So, helping your employees tackle their stress can keep your retention up — and battling financial stress specifically is key. .

Wellness 100

Wellness Retention and Turnover HR Software Survey 100

15Five

JANUARY 18, 2023

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

HR Planning 188

HR Planning Retention and Turnover Objectives & Key Results HR Software 188

Sterling Check

APRIL 13, 2022

Travel began its rebound in 2021 and the momentum continues in 2022. In fact, Expedia dubbed 2022 the year of the GOAT— greatest of all trips — predicting that this year’s leisure travelers are chomping at the bit for bigger, better vacations. Retention Strategies are a Must. The message to the hospitality industry?

Hiring Software 97

Hiring Software Onboarding Software Staffing Software Recruiting Software 97

Payactiv

MARCH 27, 2023

Everything you need to know about Healthcare Hiring Healthcare executives agree that the greatest challenge to hospitals and health systems in 2022 was a chronic staff shortage, fueled by industry-wide competition for top talent and high turnover rates. in 2022 was 52 years old. Social media springs up candidates.

Industry 52

Industry Hiring Software Staffing Software Bonuses and Incentives 52

Sterling Check

JULY 5, 2022

Healthcare organizations were strained to their limits during the start of the pandemic, and in 2022, its effects are still persistent. This study included 157 HR decision-makers at large US healthcare organizations and was released in April 2022.). The Pandemic Remains the Biggest Challenge for Talent Acquisition and Retention Teams.

Staffing Software 52

Staffing Software Onboarding Software Staffing Onboarding 52

Linkedin Talent Blog

OCTOBER 19, 2022

increase in job posts for “training supervisor” on LinkedIn in Q2 2022 compared to Q1 2022. Bureau of Labor Statistics , in the United States, training supervisors are projected to grow 11% from 2020 to 2030 (faster than the average for all occupations). Continuous staff turnover. Globally, there was a 4.7x

Compliance Training 49

Compliance Training Training Retention and Turnover Onboarding Software 49

Payactiv

MARCH 22, 2022

Healthcare executives agree that the greatest challenge to hospitals and health systems in 2022 is the staffing shortage. The turnover rate near double creates the perfect storm. Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. At the beginning of 2022: The number of job openings is 51.9%

Industry 52

Industry Hiring Software Staffing Software Wage and Hour Training 52

Best Money Moves

APRIL 20, 2022

5 benefits to include in your employee retention strategy. Up your employee retention strategy and keep your team where they belong with these five benefits. . million Americans quit their jobs in February of 2022, according to the U.S. Here are 5 benefits to include in your employee retention strategy.

Hiring Software 117

Hiring Software Planning Tools Retention and Turnover Strategy 117

ClearCompany HRM

MAY 9, 2023

workers started to decline in 2020 and dropped to 32% in 2022. High levels of engagement correlate with several indicators of success, including higher retention, more productivity, and increased revenue. But unfortunately, after a decade of increases, engagement among U.S.

ClearCompany 382

ClearCompany Employee Engagement HR Software Planning Tools 382

DailyPay

APRIL 6, 2023

This understanding is at the core of any successful employee retention strategy. A successful employee retention strategy will include various methods to increase a company’s yearly retention rate, such as improving employee morale, financial wellness and engagement. What Causes High Turnover and Low Employee Retention?

Retention and Turnover 52

Retention and Turnover Strategy Wage and Hour Training Hiring Software 52

DailyPay

MAY 26, 2023

Employee retention is a company’s ability to keep its employees year over year. Retention rate is calculated similarly to turnover rate , as a percentage by dividing the number of employees with one or more years of service by the number of people in those positions one year ago. Book a demo today.

Retention and Turnover 52

Retention and Turnover Strategy Hiring Software Wage and Hour Training 52

Homebase

OCTOBER 4, 2022

billion in August 2022 (adjusting for inflation). The number of hours worked by restaurant employees in September 2022 is down relative to September of 2021, as well as September 2020, after a relatively robust spring and early summer. of 2020 (i.e., of 2020 (i.e., billion in January 2021 to $86.2 Hours worked.

Hiring Software 52

Hiring Software Wage and Hour Training Staffing Software Survey 52

15Five

MAY 31, 2023

The problems we solve Modern organizations are plagued by ineffective management, regrettable turnover, and disengaged employees not hitting performance goals. Here are two examples of the ways that 15Fives help to solve these problems for our customers: You may recall that in early 2020, the entire world of work shifted to remote and hybrid.

HR Software 223

HR Software Onboarding Software Planning Tools Retention and Turnover 223

Extensis

APRIL 14, 2023

businesses were successful in 2022, collective challenges they faced, and how they’re prioritizing workplace issues in 2023. SHRM’s 2022-2023 State of the Workplace Report highlights the current state companies are in, as well as how business leaders are handling the transition.

Recruiting Software 78

Recruiting Software HR Software Planning Tools Interview Software 78

Extensis

AUGUST 9, 2022

Quick Look: Adapting to trends while also focusing on what employees really want is essential to maintaining low turnover and an engaged work environment. SHRM has recently published its 2022 Employee Benefits Survey which shows the trends worth paying attention to as employers prepare for the upcoming benefits renewal season.

Employee Benefits 91

Employee Benefits Survey Trends Video Recruiting 91

ClearCompany HRM

DECEMBER 7, 2023

The industry didn’t lose the most jobs — 95% were recovered by July 2020 after an initial 8.2% Between those challenges, workers’ increased risk of contracting the virus, and significant workload increases, it’s not surprising that one in five healthcare workers have quit since 2020. Healthcare workers aren’t just doctors and nurses.

Recruiting Software 409

Recruiting Software Hiring Software ClearCompany HR Software 409

ClearCompany HRM

DECEMBER 28, 2023

employee engagement fell to 32% in 2022 after reaching 36% in January 2020, a record high since Gallup first reported the metric in 2000. So it’s no surprise that retention is a hot topic, with every organization looking for new ways to hold onto their people.

Employee Recognition 370

Employee Recognition ClearCompany HR Planning Retention and Turnover 370

6Q

JULY 27, 2023

This article delves into the reasons behind the escalating attrition rates and provides a comprehensive set of strategies that organisations can adopt to enhance employee retention, foster a positive work environment, align employee aspirations with organisational goals, and ultimately drive long-term business success. What can companies do?

Strategy 98

Strategy Onboarding Software Hiring Software Company 98

Astron Solutions

MAY 3, 2022

The events of 2020 and 2021 have left a mark on how both employers and employees view work. Many have changed course on what they believe is most important, resulting in chain of events: record breaking employee turnover and a scramble by leadership to curtail the surging storm of The Great Resignation.

Compensation 52

Compensation Retention and Turnover Ceridian Payscale 52

ExactHire

MAY 17, 2022

An effective onboarding process can have a positive impact on nearly every aspect of your business, from improving retention and engagement to strengthening your company’s culture and employer brand. And that turnover is expensive. In fact, not delivering on promises is the fastest growing cause of voluntary turnover.

Onboarding Software 244

Onboarding Software Onboarding Hiring Software Data 244

EngagementMultiplier

MARCH 31, 2022

Whether you call it “The Great Resignation,” or “The Great Reshuffle,” one thing is clear – employers can expect to see continued turnover in their staff. 2022 “Great Resignation” statistics. According to the Microsoft study, In 2020, 17% of employees left their jobs, and that trend reached 18% in 2021. Increase. .

Wage and Hour Training 82

Wage and Hour Training Retention and Turnover Bonuses and Incentives eBook 82

MP Wired For HR

DECEMBER 5, 2023

In return, this loyalty reduces turnover, thereby reducing recruitment costs in the long run. Labor laws are designed to protect the rights and interests of employees, and employer compliance ensures that workers receive fair wages, overtime pay, benefits, and safe working conditions.

Wage and Hour Training 78

Wage and Hour Training HR Software Recruiting Software Compliance 78

ClearCompany HRM

FEBRUARY 24, 2022

In 2020, we saw the traditional workplace upended. She has partnered with the experts at ClearCompany to create a full suite of new performance review content designed to support employee development and optimize performance within the context of 2022 workplace dynamics. Managers Need Effective Reviews, Too.

ClearCompany 390

ClearCompany Hiring Software Onboarding Software HR Planning 390

TalenToday

JANUARY 20, 2022

And so, 2022 begins with familiar themes for employers and employees alike. Three HR trends are poised to define 2022 by building upon concepts that have had a positive impact on working teams struggling to find their footing in a pandemic world: Skills-based hiring and retention efforts, workplace wellness programs and DEI initiatives. .

HR Trends 98

HR Trends Trends Retention and Turnover Diversity 98

Analytics in HR

NOVEMBER 13, 2023

Recent employee experience statistics show that EX has a profound effect on talent acquisition, engagement, retention, and business results. One company has a reputation for fostering a positive employee experience, while the other is known for high turnover and employee dissatisfaction. Low engagement costs the global economy US$8.8

Talent Experience 96

Talent Experience Retention and Turnover Talent Acquisition Diversity 96

PlanSource

MARCH 16, 2022

6 Must-Know Stats from Our 2022 Benefits Benchmark Report. March 16, 2022. In the height of The Great Resignation, employee satisfaction and retention are of the utmost importance to all HR teams. The Number of Employers Who Contribute to Their Employees HSA Plans Increased by 23% Since 2020. Return to resources.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

TrustRadius HR

JANUARY 5, 2022

Hottest Employee Onboarding Statistics for 2022. 20% of turnover occurs within the first 45 days of employment (Talmundo, 2021) 37.4% of companies listed remote onboarding as a challenge they faced because of the Covid-19 pandemic (Workable, 2020). Upcoming Onboarding Trends for 2022.

Onboarding Software 40

Onboarding Software Hiring Software Onboarding HR Software 40

ClearCompany HRM

JULY 26, 2022

But first, find out how performance management has changed post-2020. Join them with a top-notch #performancemanagement system — here’s what to look for: Performance Management Has Changed in 2022. It’s not surprising that amid the increased stress, burnout, and turnover of the pandemic, performance management changed.

HR Software 394

HR Software Hiring Software Onboarding Software Recruiting Software 394

Bob

FEBRUARY 16, 2022

We’re going to show you where to start, what you can expect to learn, and introduce you to the experts who can help make 2022 your most productive year yet. Companies facing “ The Great Resignation ” are scrambling for ways to increase employee retention, boost loyalty, and make their people proud to work for them. Meet the experts.

Retention and Turnover 148

Retention and Turnover JazzHR Compensation Recruiting Software 148

Engagedly

JANUARY 20, 2022

Besides adjusting to the shift, HRs globally faced unprecedented challenges such as the Great Resignation, increased cases of employee burnout and mental health problems, and issues pertaining to employee engagement and retention. Here’s a list of HR strategies or trends that we can see or continue to see in the year 2022.

HR Software 59

HR Software HR Planning Hiring Software Onboarding Software 59

ExactHire

MAY 17, 2022

An effective onboarding process can have a positive impact on nearly every aspect of your business, from improving retention and engagement to strengthening your company’s culture and employer brand. And that turnover is expensive. In fact, not delivering on promises is the fastest growing cause of voluntary turnover.

Onboarding Software 130

Onboarding Software Onboarding Hiring Software Data 130

Keka HR Blog

APRIL 17, 2023

According to Gartner , in 2022, organizations employed one full-time HR for every 69 employees as against a historical norm of 1 to 100. This is a combination of recruiting, retention, reskilling, and job redesign in a continuous process. Two years later as lives returned to normal, the growth did not sustain as projected.

HR Planning 98

HR Planning HR Software Video Recruiting Hiring Software 98

LACE Partners

JANUARY 7, 2022

Get in touch with us and talk to us about what you think HR professionals will be focused on in 2022. My other big prediction for 2022 is the emergence of Earned Wage Access (EWA) technologies and benefits. We’ve asked some of the team at LACE to give their top line predictions and have listed below. But what do you think? Max Bailey.

HR Software 52

HR Software Planning Tools Talent Experience Retention and Turnover 52

Workable

JUNE 29, 2023

It’s a critical factor that influences productivity, employee retention, and overall business success. However, according to Gallup’s State of the Global Workplace report, employee engagement in the United States has decreased in 2022 for the first time in ten years.

Productivity 118

Productivity ATS Retention and Turnover Employee Engagement 118