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HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

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?

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4 Questions HR Leaders Need to Ask About Holiday Workers Now

Visier

Instead of copying others, you need to identify where you will gain the most advantage from adding to the costs of your workforce — whether it’s by investing in employee perks or weekly retention bonuses. With a shift towards e-commerce, hiring managers are now focused on filling positions in warehouses and shipping facilities.

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Shocking Employee Turnover Statistics

Reflektive

We all know that employee turnover is a problem, but just how of a big of a problem is it? How much does turnover cost companies? The High Cost of Turnover. Due to this propensity for job-hopping, Millennial turnover costs the U.S. Millennial turnover costs the U.S. Why is employee turnover so costly?

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Is the HR Accountable for Mass Layoffs?

Keka HR Blog

You were there when it happened. The meetings to discuss the need to hire recruiters. The job postings on LinkedIn. The applications. The interviews, the offer letters and the acceptance. You were there when it happened. You, the HR. The inductions, the training of hundreds of new employees. The promotions and the increments.

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Revamping global productivity: Why your HR processes are the key

Bob

Namely, they’re affecting employee efficiency and making people less productive. In the United States, people are becoming less productive than last year. In fact, productivity is down 4.1 perc e nt YoY , “the biggest decline since the government started keeping track of the number back in 1948.”

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5 Challenges Human Resources Is Facing in 2022 — and How to Overcome Them

Zenefits

Staff retention. Employee turnover has risen dramatically over the last 2 years, primarily driven by: Pandemic-fueled changes in workplace expectations. According to HireVue , 55% of employers have reported higher turnover in 2022 than in 2021. Staff turnover is problematic in several significant ways.

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12 Pro Tips That Will Increase Company Retention

Thrive Global

Employee retention is critical to your company’s survival in the saturated, competitive international job market. Moreover, retention is one of the biggest challenges businesses face today. ?The As a result of employee turnover, employers are left with many costs ?to prolonged recruitment processes. economy each year.