article thumbnail

12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

Projections suggest that by 2025, there will be a deficit in the US of: 446,300 home health aides 98,700 medical and lab technologists/technicians 95,000 nursing assistants 29,400 nurse practitioners A notable number of healthcare professionals have exited the sector, leading to a severe staffing shortage for patient care. was about 15.9%

article thumbnail

Employee Benefits: The Only Guide You Need

Achievers

These are benefits an employer voluntarily offers employees, and benefits programs are a top employee recruitment, retention, and engagement strategy. . They will comprise 75 percent of the global workforce by the year 2025, an important fact to know in a globalized labor market. . Career development opportunities .

Insiders

Sign Up for our Newsletter

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

article thumbnail

These HR Technology Trends are Making a Splash

Extensis

By 2025, it’s predicted that 22% of the American workforce will be remote – and that doesn’t include employees with a hybrid schedule. SMBs must also develop them – and a holistic performance management software can do just that. Improving retention and minimizing turnover by putting the right people in the right roles.

article thumbnail

Employee Attrition: Meaning, Impact & Attrition Rate Calculation

Analytics in HR

Even though the term is often used interchangeably with employee turnover , it’s not the same. Employee attrition vs. employee turnover Types of employee attrition Is employee attrition always bad? Employee turnover measures all employment terminations, including those positions that are refilled by new employees.

article thumbnail

10 People Sustainability Strategies for Your Business

Vantage Circle

Improved Employee Engagement and Retention When employees feel that their well-being and development are prioritized, they are more likely to be engaged and committed towards their work. This can lead to lower turnover rates, higher productivity, and better business outcomes. trillion in total assets under management.

article thumbnail

How to Become a Chief Human Resources Officer: What You Need to Know

Analytics in HR

A CHRO will typically lead all training, talent acquisition, and career development initiatives and activities. This includes: formulating career development plans, crafting talent acquisition strategies, and consistently evaluating training and development programs to ensure future-proofing of the workforce.

article thumbnail

2022 Tech Trends Impact the Great Resignation, Talent War, and More

Sterling Check

According to Devskill , tech’s high turnover rate (13.2%) exceeds that of any other industry (10.5% After all, Forbes has already reported that the majority (70%) of the US workforce will be working remotely at least part-time by 2025. Figure 1: Hiring Volume across several industries, 2020-2021.