Remove 2020 Remove Retention and Turnover Remove Retirement Remove Succession Planning
article thumbnail

What’s Keeping HR Up at Night in 2020?

HRExecutive

million in January 2020, according to the Bureau of Labor Statistics. Slightly more than half of the respondents worry about retaining key talent, with the next most common concern being developing leaders and succession planning, followed by improving the employee experience, and driving innovation and helping teams work together. “If

article thumbnail

Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future. So, let’s take a closer look.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

First, some facts about employee turnover: The 2021 quit rate is consistent with other post-recession data (i.e., A significant contributing factor in 2021 is the increase in retirements with 1.5M more retirements than normal.  So, how is history repeating itself? The average quit rate increased each year from 2009 – 2019. 

article thumbnail

What makes a good workplace that gets employees to stay?

Insperity

What does it take to encourage employees to stay and, as a result, accomplish high retention rates and mitigate turnover costs ? Bureau of Labor Statistics (BLS) 2020 Employee Tenure Summary , the median tenure for U.S. As more older workers retire, Millennials and Generation Z will soon dominate the workplace.

article thumbnail

Is it time for a culture check-up?

HRExecutive

A few months later, Lincoln announced it would accept $950 million in capital as part of the government’s $700 billion Troubled Asset Relief Program (TARP), made a public offering of $600 million of common stock and sold Lincoln National plc, its United Kingdom unit that sold life insurance and retirement-income products. Advertisement.

article thumbnail

Extending Oracle HCM – How to Make the Best of Add-ons?

Semos Cloud

These 4 major product groups include 20+ modules, including ‘hire to retire’, recruiting, training, payroll, compensation, learning, time-tracking, benefits, performance management, and others. . Splash HR’s inbuilt machine learning feature detects career paths and succession plans. Driving business agility.

Oracle 98
article thumbnail

15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks. Workforce Planning: Workforce Analytics : Helps collect data about the workforce, analyze them, and transform those into insights on workforce trends that help with strategic decision-making.