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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

Compensation Force measured the level of total separations in the United States 2016 at 15.1%. The separation rate includes employees who voluntarily quit a position, layoffs, retirements, and discharges. We’re compiling recent data on a wide range of industries. 2021 Update] appeared first on DailyPay.

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Healthcare Hiring in the Depths of Covid: 2021 Outlook

Sterling Check

However, as we enter the new year, the most immediate challenges for 2021 are apparent, and the ways in which healthcare staffing is likely to change more permanently are coming into view. Many believe that comfort with the vaccine will grow rapidly as increasing data is shared and as vaccinated co-workers share their experiences.

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2021 Compensation Budgeting Forecast Part 3: Trends in Nonprofit Executive Compensation

Astron Solutions

As we plan for 2021, we need to consider COVID-19’s impact on 2020 compensation decisions for nonprofit executives. For the most part, nonprofit executive compensation came to a halt. Many organizations froze, or in some cases reduced, current compensation levels.

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Workforce and Hiring Trends for Employers in a Post-COVID World

Cisive

Additionally, research from PRO Unlimited found that 40% of all white-collar workers already fall into the temp or gig category, and expect that over half of skilled workers will be contingent by late 2021. A FlexJobs survey found that 36% of workers in the U.S. have been freelancing during the pandemic; an increase of 2 million since 2019.

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Workforce and Hiring Trends for Employers in a Post-COVID World

Precheck

Additionally, research from PRO Unlimited found that 40% of all white-collar workers already fall into the temp or gig category, and expect that over half of skilled workers will be contingent by late 2021. Workforce and Hiring Trends for Employers in a Post-COVID World Jun. A FlexJobs survey found that 36% of workers in the U.S.

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How to Develop a Strategic Compensation Strategy for Today’s Market

CCI Consulting

In 2021, more Americans left their job in April than in any other month on record, according to the Bureau of Labor Statistics. percent in October 2021, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Set your compensation philosophy. The annual rate of inflation in the U.S.

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Is an HSA the New 401(k) When It Comes to Retirement ROI?

Extensis

Costly medical expenses and confusion about benefits language are leaving employees feeling discouraged about their healthcare and retirement options. Concurrently, employees can use the money saved in their HSA for qualified healthcare expenses when in retirement. In 2021, Fidelity reported a 50% increase of HSA assets over a year.