Remove 2020 Remove Employee Benefits Remove Retention and Turnover Remove Time and Attendance
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6 Workforce Metrics with Significant Financial Impact

UKG

For much of 2020, many finance teams were forced to shift their focus from maximizing profitability to simply staying operational. Lost-time injuries per employee. Paid time off and leave requests. Employee retention rates. Projected employee turnover rate. Frequency of equipment issues.

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Employee retention strategies to overcome the Great Resignation

Business Management Daily

Employee retention is a major challenge for employers at this time. Many employers are seeing record turnover rates as the economy rebounds from the coronavirus pandemic. Employees largely put off changing jobs during the pandemic due to the level of instability in the labor market. Allow telecommuting.

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10 Employee Benefits Stats You Can’t Ignore In 2020

PlanSource

A quick internet search will yield plenty of results for searchers seeking up-to-date facts and statistics about the current state of employee benefits. Staying on top of current trends and innovations is important—but what really matters for HR in 2020 and beyond? . It might be time for a refresh. via PlanSource ).

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A Wake-Up Call: 3 Ways to Ensure Your Hotel Staff Enjoy Their Stay

Payactiv

According to the Bureau of Labor Statistics, in an average year, the hospitality industry has a typical turnover rate of 73.8%. In April of 2020, unemployment numbers in the hospitality industry reached 37.3% , and in the fall of 2021 the hotel industry had 1.74 million fewer jobs filled than it did in the winter of 2020.

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It’s Time To Invest In Human Sustainability

Thrive Global

It’s time we make sure we’re investing in human sustainability. In an article titled “ Time to Rethink the S in ESG ”, published in the Harvard Law School Forum on Corporate Governance, the authors highlight the role that the pandemic played in bringing the “S” into the spotlight. It’s time to add an H ,” authors Michelle A.

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Instant Wage Access Apps and How They Work

DailyPay

A Wall Street banker takes home a tidy six-figure salary yearly and still experiences financial stress when it comes to paying bills on time, but an Uber driver who earns $200 a day may feel freer financially. The vendor advances gives cash to the employee, who repays it after getting paid. Instant wage access as an employee benefit.

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It’s Time To Invest In Human Sustainability

Thrive Global

It’s time we make sure we’re investing in human sustainability. In an article titled “ Time to Rethink the S in ESG ”, published in the Harvard Law School Forum on Corporate Governance, the authors highlight the role that the pandemic played in bringing the “S” into the spotlight. It’s time to add an H ,” authors Michelle A.