article thumbnail

Health Care Turnover Rates [2021 Update]

DailyPay

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.

article thumbnail

Turnover And Retention Rates For Hotels And The Hospitality Industry

DailyPay

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Engaging Passive Candidates in Your Recruiting Process

PandoLogic

In today’s competitive job market, it is essential for businesses to adopt a proactive approach to their recruitment efforts. Passive Candidates in Recruitment In recruitment, there are two types of candidates: active and passive. This can lead to lower turnover and higher retention rates.

article thumbnail

Struggling with retention? Improve how recruiters, hiring managers work together

HRExecutive

There’s no shortage of theories on the root causes underlying the increased rate of voluntary employee turnover. Advertisement - Guidance on improving employee retention largely focuses on organizational culture and management of feedback loops, particularly with new hires. ” The perfect disincentive for any recruiter.

article thumbnail

4 things to avoid if you want to diversify your talent pool

HRExecutive

The value of building a more diverse candidate pool is nothing new to most recruiters. Research has long shown that diversity among applicants ultimately leads to lower turnover, higher productivity and even better profitability. Technology can be an important differentiator, she notes.

article thumbnail

Is the Great Resignation really over? Getting to the root of retention problems

HRExecutive

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. Much of the total cost involves the direct expenses associated with recruitment , onboarding, training and the like.

article thumbnail

L&D: The Key to Success for Today’s SMBs

Extensis

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. Recruit top talent. 18% lower turnover rates in high-turnover organizations. 23% higher profitability.