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A Comprehensive Look at Current Trends in Turnover

HRsoft

Many business experts suspect employers will continue to compete for labor through the next decade. With growing skill shortages and Baby Boomers reaching retirement age, these turnover rates will likely stick around, and perhaps even rise.

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11 Easy Ways to Reduce Employee Turnover

Bonusly

Voluntary turnover can be due to relocation, retirement, family illness, a more enticing job offer, an interpersonal conflict, or a micromanager who's constantly blocking an employee's progress. According to a survey of HR leaders performed by Kronos and Future Workplace, 87 percent of respondents said "improved retention" was a key priority.

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Top 20 Employee Management Software in 2023

Empuls

Key features Human capital management Financial management Advanced analytics and reporting tools Integrations with third-party software Employee and manager self-service Staffing transactions from hire to termination/retirement Pros Boasts a comprehensive feature set. Top-notch user interface and usability for ease of use.

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The Source Episode 4

DailyPay

And on the state level, we have Michigan with also some competing loan bills that deal with payday loans, one that would cap interest rates, and one that would allow payday lenders to have open-ended terms extending the payback period indefinitely if they want to. So employers are competing to draw talent to their companies.

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

According to research by Kronos and Future Workplace , 87 percent of HR leaders are aware of the importance of employee retention and consider it a primary concern. Despite that focus, progress for many organizations have been stymied by competing priorities and a lack of resources.

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5 Reasons Offering a Sabbatical Program Pays Off

Zenefits

In a study conducted by the Allianz Longevity Project , nearly 70% of millennials (69%) said they would prefer to “explore, experiment, and travel” prior to retirement, which is higher than other generations. In the previously noted 2017 Kronos Inc. Offer something they really want.

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HR TechStack – Performance Tracking

Workstride

Kronos Workforce Ready. Kronos Workforce Ready® provides businesses a full suite of seamlessly integrated applications for recruiting, onboarding, time and attendance, scheduling, absence management, payroll, and more, that are easily accessed through an intuitive user interface. Kronos Workforce Central. VIEW DETAILS ».