DailyPay
JUNE 14, 2021
In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. The turnover rate in the health care industry has risen nearly 5% — across all jobs in the industry — over the last decade. Retention Patterns In Health Care.
FingerCheck
OCTOBER 19, 2023
A high employee retention rate is often a sign of a healthy business. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention? Employee retention is the science of reducing employee turnover. What Are the Benefits of Employee Retention?
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DailyPay
NOVEMBER 13, 2018
In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at employee turnover rates for hotels. These findings also lead to actionable solutions that can help curb turnover issues.
HRExecutive
APRIL 8, 2024
While the movement has been losing some steam over the past year, the cost of employee turnover is still extremely high, as the cost of replacing an employee ranges anywhere from one-half to two times their yearly salary. Mitigating the costs of employee turnover for frontline workers isn’t just an HR issue.
Extensis
SEPTEMBER 29, 2022
From boosting employee retention rates to safeguarding against industry disruptions, here’s how L&D can benefit today’s SMBs, and how working with a PEO can simplify the process. Consider, for example, how important various demographics believe learning opportunities to be. 23% higher profitability.
HR Bartender
MARCH 5, 2019
Here’s an overview of the four analytics levels and how it could be applied to address a challenge many organizations face: employee turnover. It’s just an example.). Using our turnover and employee retention situation, the organization might decide to focus on stay interviews. That’s descriptive analytics.
HRExecutive
JANUARY 4, 2024
However, as economic and market conditions change, employers aren’t as singularly challenged by recruiting and retention—which, experts say, could suggest increasing opportunities to strategize for long-term people success. “Companies that will be ahead of this in 2024 are looking at things holistically,” Turner says.
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