Guideline

AUGUST 12, 2019

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. Since they began studying the topic in the 1900s, analysts have identified countless reasons for employee turnover.

Retirement 67

Retirement Retention and Turnover Zenefits Study 67

HR Lineup

JANUARY 17, 2024

In the ever-evolving realm of human resources, two terms frequently circulate – employee turnover and attrition. This article delves into the nuanced differences between employee turnover and attrition, shedding light on their impact, causes, and strategies for effective management. Defining Employee Turnover and Attrition: 1.

Retention and Turnover 76

Retention and Turnover Hiring Software HR Planning Onboarding Software 76

Analytics in HR

JANUARY 4, 2024

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

Retention and Turnover 82

Retention and Turnover HR Planning How To Retirement 82

Analytics in HR

MARCH 21, 2023

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? Contents What is attrition rate?

Hiring Software 107

Hiring Software Retention and Turnover Compliance Training Compensation 107

EmployeeConnect

FEBRUARY 12, 2023

Employee retention is a critical issue facing companies in today’s competitive business environment. In this article, we will explore the causes of employee turnover, the benefits of employee retention, and the best practices and strategies for managing a successful and productive workplace.

Hiring Software 130

Hiring Software Retention and Turnover Onboarding Software Productivity 130

Analytics in HR

JUNE 28, 2022

Employee attrition and employee retention are important HR metrics for developing and managing a robust, productive workforce, especially in the context of Great Resignation. Employee attrition and retention are two concepts on the opposite ends that address the same situation. What is employee retention? Why measure retention?

Retention and Turnover 129

Retention and Turnover Metrics Employer Branding Talent Experience 129

DailyPay

MAY 17, 2023

Improved Retention and Recruitment State, county and city governments face stiff competition when it comes to attracting and retaining top talent. Over the past decade, the annual teacher turnover rate has hovered around 8% nationally and is more than double that for schools designated for Title 1 funding.

Retention and Turnover 52

Retention and Turnover Staffing Software Retirement Staffing 52

Analytics in HR

AUGUST 9, 2022

Therefore, HR leaders are very concerned with keeping employee turnover low. That’s why employee turnover data analysis is a valuable tool in your HR arsenal. Understanding employee turnover helps you prevent employees from leaving and retain top talent. Contents What is employee turnover data analysis?

Analysis 123

Analysis Data Retention and Turnover Hiring Software 123

Analytics in HR

FEBRUARY 28, 2024

In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities. Example: Annual employee turnover rate.) A closer look at employee turnover can reveal helpful insights, such as which departments, positions, or managers lose the most workers.

HR Planning 110

HR Planning Analytics HR Software Hiring Software 110

HR Digest

APRIL 20, 2023

Employee retention strategies are vital to the success of any organization. High employee turnover can be highly disruptive to any business. In this article, we’ll explore some innovative and effective employee retention techniques. We’ll also delve into the importance of each strategy.

Retention and Turnover 59

Retention and Turnover Bonuses and Incentives Employee Recognition Time and Attendance 59

Analytics in HR

NOVEMBER 2, 2022

This article will discuss each of these types and their application in HR. If you’d like to read some examples of HR analytics and dive deeper into all that it entails, our article on What is HR Analytics written by AIHR co-founder Erik van Vulpen provides a great starting place. Contents What is human resources analytics?

Analytics 115

Analytics HR Planning HR Software Staffing Software 115

Cornerstone On Demand

JUNE 1, 2017

Always top of mind these days, employee turnover is a critical and costly issue for companies across the U.S. The demographic pressures and the tsunami of retirements are high level barometers of more to come. It is simply in everyone’s best interest to make employee retention a top priority in our new found “sellers market”.

Hiring Software 284

Hiring Software HR Software Retention and Turnover Strategy 284

6Q

AUGUST 17, 2023

To create an effective and long-lasting team of dedicated workers, you must first understand what causes low employee retention rates. When you keep the employee retention rate high, you save on hiring costs and precious training time. The first step is identifying what causes low retention rates.

Hiring Software 98

Hiring Software Retention and Turnover Wage and Hour Training Sexual Harassment 98

Analytics in HR

JUNE 15, 2020

In this article, we will explore the key metrics that you need to prepare your organization for the future. For this article, I want to zoom in on the data and metrics that are useful to create in the Strategic Workforce Development process and why. This is where strategic workforce planning, or development, comes in.

Metrics 100

Metrics HR Planning Retention and Turnover Hiring Software 100

Business Management Daily

JUNE 21, 2023

Employee turnover has been on the rise for many years now in the US, and that trend isn’t set to change anytime soon. In fact, voluntary turnover is set to hit 35% in 2023 , which has been steadily rising since hitting an all-time high in 2018. What’s employee turnover rate?

Metrics 52

Metrics Retention and Turnover Hiring Software Onboarding Software 52

Analytics in HR

MARCH 16, 2023

Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue. Who is likely to be promoted, retire, be made redundant or exit the business over the next year?

HR Software 111

HR Software Strategy Hiring Software Recruiting Software 111

Hppy

APRIL 17, 2023

Employee retention is a critical issue for many companies. High turnover rates can be costly, both in terms of financial resources and the negative impact on team morale and productivity. One effective strategy for improving employee retention rates is investing in employee development.

Retention and Turnover 91

Retention and Turnover Compliance Training Case Study Bonuses and Incentives 91

Analytics in HR

SEPTEMBER 7, 2023

Whether you’re a student interested in HR or a professional looking to transition, this article will guide you with the information needed to be a successful human resource professional. HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits.

HR Planning 108

HR Planning Hiring Software Resources HR Software 108

Analytics in HR

SEPTEMBER 13, 2022

Dysfunctional turnover does not only cost organizations a lot of money, but it also disrupts work and affects productivity. So let’s look at what dysfunctional turnover is and how you can reduce it in your organization. Contents What is employee turnover? What is dysfunctional turnover? What is employee turnover?

Retention and Turnover 100

Retention and Turnover Hiring Software HR Planning Interview Software 100

HR Lineup

JANUARY 22, 2024

This article explores the intricacies of the workforce planning model, breaking down its process, highlighting the benefits, identifying key elements, and providing real-world examples. This includes predicting retirements, turnover rates, expansion plans, and changes in skill requirements.

Workforce Planning 59

Workforce Planning Planning Tools HR Planning Examples 59

Analytics in HR

OCTOBER 11, 2022

This article will provide HR managers with a clear understanding of an employee development plan and how to assist managers and employees in creating and implementing an effective plan. An engaged workforce often equates to higher productivity rates, increased profitability and employee retention. Reducing turnover. Skills gaps.

Planning Tools 140

Planning Tools HR Software Compliance Training Hiring Software 140

The Incentive Solutions News blog

JUNE 2, 2020

While no two successful companies are exactly alike, they all have one thing in common: an employee retention strategy. Happy employees make productive employees, and smart businesses know that high employee turnover can harm a company financially and affect company morale. Why is employee retention important? Let's get started!

Retention and Turnover 78

Retention and Turnover Hiring Software Planning Tools HR Software 78

Analytics in HR

JUNE 19, 2023

Forecasting is also used to determine shifts in the labor market, turnover rates, and retirement projections to help businesses identify what skills they will need in the long term. For instance, if the head of marketing plans to retire next year, a new candidate must be identified and trained for the role.

Planning Tools 99

Planning Tools Talent Experience Hiring Software Recruiting Software 99

Analytics in HR

MAY 10, 2023

This article offers a deep dive into HR’s responsibilities. They ensure that employees receive the benefits they’re entitled to, including health insurance, retirement plans, and vacation time. This shift has been slow but steady, and has led to a dramatic increase in the value HR professionals provide to any organization.

Talent Management 72

Talent Management HR Software Compliance Onboarding Software 72

6Q

JULY 27, 2023

This article delves into the reasons behind the escalating attrition rates and provides a comprehensive set of strategies that organisations can adopt to enhance employee retention, foster a positive work environment, align employee aspirations with organisational goals, and ultimately drive long-term business success.

Strategy 98

Strategy Onboarding Software Hiring Software Company 98

Empuls

JANUARY 29, 2024

On top of that, a company with high turnover rates may suffer from a bad reputation, affecting its overall morale. This article will highlight the importance of and discuss some employee retention trends to watch out for in 2024. What is employee retention and why does it matter?

Hiring Software 52

Hiring Software Trends Recruiting Software Onboarding Software 52

Analytics in HR

NOVEMBER 2, 2021

Voluntary turnover is a normal occurrence, as employees seek new opportunities or leave because they are unsatisfied with the current role for a multitude of reasons. The Great Resignation has certainly caused employers to look at their HR practices and what is causing a mass voluntary turnover. One of them is voluntary turnover.

Retention and Turnover 81

Retention and Turnover Hiring Software Interview Software HR Software 81

Vantage Circle

JANUARY 31, 2024

Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. This article sheds light on how these surveys can be a game-changer for organizations seeking to understand and enhance their employee experience.

Survey 59

Survey Planning Tools Retention and Turnover Assessment Software 59

Analytics in HR

JULY 26, 2021

What is one tip you have to help reduce employee turnover? To help business leaders reduce employee turnover and, in turn, increase the employee retention rate , we asked HR professionals and business leaders this question for their best tips. Here are ten tips to reduce employee turnover and retain top performers!

Retention and Turnover 92

Retention and Turnover Hiring Software Compliance Training Interview Software 92

Analytics in HR

FEBRUARY 15, 2022

Workforce analysis takes a broader approach than people analytics by using both employee and ROI data to make informed recruitment, retention, and employee management decisions. Organizations can then address any identified gaps with a suitable solution. These insights are crucial for an effective workforce planning process.

Analysis 79

Analysis HR Planning Hiring Software Retention and Turnover 79

Analytics in HR

JULY 6, 2021

It’s also forcing employers to rethink their talent acquisition and employee retention strategies to keep up to pace with these constant changes. This means that employee retention rate is one of the most important HR metrics that can help you understand how well your organization retains its employees. Let’s dive in.

Retention and Turnover 77

Retention and Turnover Hiring Software Recruiting Software Interview Software 77

Hppy

JANUARY 17, 2023

High turnover rates can lead to increased costs, a loss of institutional knowledge, and a decrease in overall productivity. The significance of employee retention in the current business environment. Benefits such as health insurance, retirement plans, and paid time off also play a key role in employee retention.

Compensation 91

Compensation Bonuses and Incentives Planning Tools Retention and Turnover 91

HRExecutive

MAY 10, 2024

Instead, there is a growing need for HR professionals to develop a deep understanding of diverse employee needs, particularly regarding healthcare and retirement planning. Medicare expertise within HR departments can bridge the gap between traditional employee benefits and the need for comprehensive retirement planning advice.

HR Software 64

HR Software Planning Tools HR Planning HIPAA 64

HiBob

AUGUST 8, 2022

Employee attrition and retention are like peas in a pod—attrition is the peas, employee retention is the pod. When employee retention is low, you have a problem: Happiness is down, engagement is off, or maybe the economy is strong, and people are leaving for greener pastures. Attrition vs. retention.

Metrics 148

Metrics Retention and Turnover Hiring Software HR Software 148

Imaginasium

DECEMBER 2, 2019

It is reported that almost 70% of organizations indicate staff turnover has a negative impact on their bottom line. With record unemployment and over 70% of employers concerned about the talent shortage, retention is on the top of every leader’s mind. The Holy Grail of retention … The Employee Experience. Quick Navigation.

Retention and Turnover 102

Retention and Turnover Hiring Software Strategy Employer Branding 102

Sterling Check

DECEMBER 21, 2020

I don’t think we can underestimate the reality of turnover.” Others have retired, or simply left the healthcare workforce permanently. ” A December 15th Los Angeles Times article reports that California has “so far acquired just one in 10 temporary contracted positions needed to treat surging caseloads.”

Competencies 93

Competencies Hiring Software Staffing Software Hiring 93

Best Money Moves

APRIL 9, 2024

Increased job satisfaction and retention Financially stressed employees are less likely to see a secure, stable future for themselves at their current employer, compared to employees who aren’t facing financial stress. Together, these factors can lead to higher attrition and employee turnover. money coaching, budgeting tools, etc.)

Employee Engagement 78

Employee Engagement Wellness Planning Tools Productivity 78