article thumbnail

HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

The architects of this revolution are the bold and forward-thinking leaders in human resources. The year demands that the pulse of innovation beats strongest within the corridors of a dynamic and future-focused HR strategy. Retention strategies demand scrutiny. Consider what you’re doing to improve retention.

article thumbnail

5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

Hospitals see an incredible 100% turnover every five years and lose as much as $9 million annually due to turnover. Even today, McKinsey reports that 40% of RNs working in direct patient care say they plan to leave their jobs — a number that rose 5% from fall 2022 to March 2023. Today, it remains higher than pre-pandemic levels.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

By 2020 or 2025, do you think you’ll have more or fewer roles turn into revolving door positions? It takes a new way of leading, planning and operating. Can you separate these toxic individuals from the new hires, or is it time to separate those individuals from the organization completely, if they are causing more employee turnover?

article thumbnail

How to Solve Hiring Problems in Manufacturing with Employee Recognition

Semos Cloud

HR professionals working in the manufacturing sector are facing the greatest challenge of their generation – how to attract younger workers and solve the hiring crisis. In this blog post, we’re going to talk about the impact of employee recognition on retention and talent attraction.

article thumbnail

HR Versus People Ops: What You Need to Know

Pingboard

It’s just a new way to say human resources, right? The Difference Between HR and People Ops . Companies often use the terms “human resources” and “people operations” interchangeably. HR departments and people ops departments do have some similarities, with people ops technically operating under the HR umbrella. .

article thumbnail

Benefits buyer’s remorse: 4 mistakes to avoid

HRExecutive

As companies face financial headwinds and continuing employee turnover and hiring challenges, benefits that support total health and wellbeing are increasingly essential for employee engagement, loyalty and retention. Furthermore, McKinsey predicts that healthcare payers could face 9%-10% cost increases by 2025 due to inflation.

article thumbnail

The "Next Big Thing" in Talent Acquisition

Cielo HR Leader

The American Medical Association predicts a shortage of 130,000 physicians across all specialties by 2025. HR professionals face intense pressures in this challenging environment to maintain adequate staffing ratios – and employ high-quality talent – while being diligent about cutting costs.