HR Digest

APRIL 11, 2023

Employee retention is a critical aspect of any successful business strategy, as the costs of losing top talent can be significant, including increased recruitment costs, decreased productivity, and negative impacts on workplace culture. Why are employee retention strategies important?

Retention and Turnover 64

Retention and Turnover Strategy Bonuses and Incentives Career Development 64

Visier

AUGUST 23, 2021

The need for quick access to answers to help business leaders face these challenges ASAP is immense, and here are just two reasons why: Turnover is ridiculously expensive: According to Gallup’s 2021 State of the Global Workplace Report , replacing workers requires one-half to two times an employee’s annual salary.

Visier 195

Visier Diversity Retention and Turnover Planning Tools 195

Analytics in HR

OCTOBER 11, 2022

This indicates that staff development should form part of your compensation and benefits package to entice candidates to work for your company. Providing employees with learning opportunities can boost employee engagement, resulting in higher productivity and profitability while lowering employee turnover. Reducing turnover.

Planning Tools 140

Planning Tools HR Software Compliance Training Hiring Software 140

Extensis

SEPTEMBER 29, 2022

Quick look: A whopping 96% of employees want the opportunity to enhance their skills, yet two-thirds of employers report confusion about how to create a proper learning and development program. Career development. Leadership development programs. Required courses, like compliance training. Skills training.

Retention and Turnover 90

Retention and Turnover Hiring Software HR Planning HR Software 90

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

6Q

JUNE 4, 2023

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Analytics in HR

SEPTEMBER 7, 2023

Learning and development: HR helps with employee career development to help upskill employees and address skills gaps. HR is involved in designing and implementing these learning and development programs. Here’s an example roadmap for beginning your HR career path: 1. laws and regulations.

HR Planning 110

HR Planning Hiring Software Resources HR Software 110

HR Lineup

MARCH 3, 2022

Employee turnover can be expensive as it digs into a company’s finances due to frequent recruitments. This article lists the top employee retention strategies in 2022 to help you out. Why is Employee Retention Important? What are the Employee Retention Strategies? Employees’ Career Developments.

Hiring Software 79

Hiring Software Strategy Onboarding Software Retention and Turnover 79

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 102

Retention and Turnover Hiring Software HR Planning Interview Software 102

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

Engagedly

NOVEMBER 17, 2023

How to Approach Employees About Career Development A LinkedIn report suggests that 94% of employees surveyed feel that providing learning and career development opportunities encourages them to stay longer with the organization. The process aims at planning, preparing for, and advancing an employee’s career over time.

Career Development 40

Career Development Hiring Software Planning Tools Onboarding Software 40

Business Management Daily

JANUARY 20, 2023

She teaches human resources courses and a new STEM-designated Master of Science in Human Resources Analytics online business program. As organizations become more complex, data helps clarify the picture of what’s going on as it relates to employee engagement and retention. It’s important in many ways.

COMPAS 59

COMPAS Metrics HR Planning Hiring Software 59

Careerminds

NOVEMBER 20, 2023

When employees leave your organization, you need to have a plan to retain all of the knowledge that they have gained over the course of their tenure. Although retirement planning is important , when it comes to knowledge transfer and talent retention, younger workers can also perform jobs that no one else in the organization can handle.

Succession Planning 52

Succession Planning Planning Tools HR Software Onboarding Software 52

Workable

APRIL 16, 2024

This technology not only forecasts potential employee turnover but also provides actionable insights, enabling companies to proactively address retention challenges. More on talent retention: Predictive analytics: why it matters for employee retention Predictive analytics in HR leverages data and AI to enhance decision-making, ide.

Staffing Software 117

Staffing Software Recruiting Software Planning Tools HR Software 117

Staffbase

MARCH 8, 2024

As such, implementing effective employee engagement strategies is now a top priority for any forward-thinking company. Crucial statistics such as these demonstrate a clear correlation between effective employee engagement strategies and organizational success. When people are financially invested, they want a return. .”

Employee Engagement 52

Employee Engagement Assessment Software Planning Tools Interview Software 52

Business Management Daily

SEPTEMBER 21, 2022

According to Gartner , the annual employee turnover rate in the US is set to jump by 20% this year, with a total of 37.4 million employees and reinforces the need for employee retention tactics so organizations can hold on to top talent. A certain amount of employee turnover is inevitable and is considered healthy.

Retention and Turnover 52

Retention and Turnover Strategy How To Compliance Training 52

Staffbase

MARCH 8, 2024

As such, implementing effective employee engagement strategies is now a top priority for any forward-thinking company. Crucial statistics such as these demonstrate a clear correlation between effective employee engagement strategies and organizational success. When people are financially invested, they want a return. .”

Employee Engagement 52

Employee Engagement Assessment Software Interview Software Strategy 52

HR Morning

JUNE 11, 2019

Prospective employees see career development as among the most important reasons to sign with —and stay with — with your organization. And, while you may think you are offering top-notch learning and development programs, they don’t think you are doing such a great job. It keeps them engaged and invested in your strategic goals.

Career Development 110

Career Development Hiring Software HR Software Planning Tools 110

Empuls

APRIL 25, 2024

Employee retention is crucial in this competitive market.   This approach likely led to increased employee satisfaction, retention, and innovation.  Employee retention refers to an organization's ability to keep its valuable employees. This empowers employees to take ownership of their skill development. 

Onboarding Software 40

Onboarding Software Hiring Software Recruiting Software HR Software 40

Intoo USA

APRIL 6, 2023

Companies plagued by high employee turnover rates tend to have reduced productivity, low workplace morale, and more resources spent on recruiting new professionals. Thankfully, employers can minimize their turnover rates by introducing strong onboarding strategies. What Does Onboarding Mean? The logic of onboarding is simple.

Onboarding Software 189

Onboarding Software Onboarding Hiring Software Compliance Training 189

Business Management Daily

APRIL 25, 2023

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for.

Talent Experience 105

Talent Experience Hiring Software Wage and Hour Training Onboarding Software 105

Empuls

JANUARY 3, 2022

As a human resources professional , you have to be wary of high turnover rates because these will definitely have a negative effect on the company (more on these later). In this article, let’s discuss high turnover meaning and strategies to reduce it. What is Employee Turnover? Only, it is involuntary.

Hiring Software 52

Hiring Software Retention and Turnover Strategy HR Software 52

6Q

SEPTEMBER 2, 2022

In this article, you will learn how to retain talent and reduce employee turnover. Employee retention overview. According to the latest job opening and labour turnover summary by Statista, approximately four million employees left their jobs in the US in 2022. What is the average employee retention rate in the US?

Talent Experience 103

Talent Experience Retention and Turnover Hiring Software Strategy 103

HR Management

JUNE 6, 2023

Many organizations are experiencing significant staff turnover rates and high expenditures due to the Great Resignation. Companies need to improve on high turnover and retention issues. Insurance firms play an essential role in employee retention by providing appealing and comprehensive insurance coverage.

Recruiting Software 52

Recruiting Software Planning Tools Retention and Turnover HR Software 52

15Five

JUNE 2, 2023

The E in DEI is often overlooked, but equity in the workplace is an essential part of any solid DEI strategy, helping to create an inclusive work environment where everyone has equal opportunities to thrive, contribute, and succeed. You’re a neurodivergent woman working remotely in a development role for a non-profit.

HR Software 147

HR Software Hiring Software Retention and Turnover Assessment Software 147

Abel HR

JANUARY 7, 2021

In this article, we’ll discuss what is employee retention and why it’s important to any venture, big or small. What Is Employee Retention? Before anything else, let’s clarify this – what is employee retention? The opposite of retention is turnover. Why Is Employee Retention Important?

Retention and Turnover 52

Retention and Turnover Hiring Software Compensation Career Development 52

Bonusly

DECEMBER 8, 2022

To boost employee retention and plan for a successful year: Why retention during a recession matters. A recession offers plenty of retention challenges for employers, but it offers opportunities as well. times more important than compensation in predicting turnover. Don’t forget about career development.

Retention and Turnover 52

Retention and Turnover Hiring Software Talent Experience HR Software 52

Terryberry

OCTOBER 16, 2023

Factors that contribute to job satisfaction include job security, career development opportunities, recognition, and a positive company culture. A healthy, satisfied, and engaged workforce tends to be more productive, innovative, and less likely to experience burnout, turnover, or absenteeism.

Recruiting Software 52

Recruiting Software Campus SaVE Assessment Software Planning Tools 52

Business Management Daily

DECEMBER 21, 2023

One of the hallmarks of effective future-proofing is having a process in place to select and develop talent within an organization to prepare employees to manage it in the future. Of course, having a plan for the future takes planning, too. In this blog, we’re talking about how to build a strong talent development strategy.

Talent Development 59

Talent Development Hiring Software Talent Experience Strategy 59

Bob

JANUARY 25, 2024

A lack of career development and advancement, according to a 2022 McKinsey study. Resolving the issue could save American businesses US$1 trillion a year in turnover costs. It’s why planning for the individual success of your people—also known as career pathing—is essential for your organization’s success.

Assessment Software 78

Assessment Software Planning Tools HR Software Recruiting Software 78

Bob

FEBRUARY 16, 2022

Prioritizing career development and internal mobility throughout the employee lifecycle. Companies facing “ The Great Resignation ” are scrambling for ways to increase employee retention, boost loyalty, and make their people proud to work for them. That’s where career development and internal mobility come in.

Retention and Turnover 148

Retention and Turnover JazzHR Compensation Recruiting Software 148

DecisionWise

JANUARY 11, 2024

What’s Happening at DecisionWise JANUARY WEBINAR 2023 was a challenging year for organizations, from hybrid work to DEI efforts, compensation, retention, and workload pressures. Tracy Maylett DecisionWise CEO published an article recently: A Successful Business Strategy Depends on Listening To Your Employees.

Decisionwise 130

Decisionwise Assessment Software HR Software Planning Tools 130

Empuls

OCTOBER 9, 2023

Healthcare employee turnover:  stats & facts Healthcare employee turnover refers to the rate at which healthcare workers leave their jobs within a given time frame, either voluntarily or involuntarily, and are replaced. Here are some facts sheding light on the problem of turnover in healthcare industry. was about 15.9%

Staffing Software 52

Staffing Software Hiring Software Recruiting Software Planning Tools 52

ExactHire

FEBRUARY 24, 2022

Of course, human resource professionals came into their roles with a higher calling: cultivating the company’s human capital, its employees. Even the most profit-focused executive understands the high cost of low retention. Create a career development plan for employees. Include training modules as well as peer training.

HR Planning 246

HR Planning Hiring Software HR Software Video Recruiting 246

Vantage Circle

MAY 29, 2023

Although 90% of business leaders think sustainability is important, only 60% of companies have a sustainability strategy. People sustainability refers to the practice of nurturing and maintaining the well-being, engagement, and development of individuals within an organization. 10 People Sustainability Strategies for Workplaces 1.

Strategy 89

Strategy Hiring Software Assessment Software Compliance Training 89

Analytics in HR

DECEMBER 8, 2021

An effective total rewards strategy helps encourage employees to work more productively, stay with the company for longer, and attract new talent. Contents What is a total rewards strategy? The five components of total rewards Why does your organization need a total rewards strategy? How do you create a total rewards strategy?

Strategy 97

Strategy Compensation Bonuses and Incentives Retention and Turnover 97

Empuls

OCTOBER 9, 2023

In this blog, we'll explore the importance of employee engagement in the financial services industry and provide actionable strategies to enhance it. These aim to empower employees for enhanced performance, benefiting job satisfaction, productivity, motivation, and crucially, retention.

Employee Engagement 40

Employee Engagement Industry Strategy Retention and Turnover 40