Visier
DECEMBER 19, 2017
With an unemployment rate at a 17-year low of 4.1%, retail and delivery companies have executed a variety of tactics to land workers in a tight labor market, whether it’s through candy and movie-ticket giveaway s or voluntarily increasing the minimum wage to $11 an hour. So what is the right worker experience mix?
Payactiv
MAY 2, 2022
In this segment of The Compassionate Capitalist Show™, Karen Rands is joined by Sabina Bhatia, Chief Customer Officer at Payactiv, the champion of Earned Wage Access (EWA) to talk about the impact ‘financial insecurity and well being’ of hourly wage workers have on the profitability and scalability of businesses.
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Imaginasium
DECEMBER 2, 2019
It is reported that almost 70% of organizations indicate staff turnover has a negative impact on their bottom line. There’s the cost of recruiting, hiring, and onboarding, not to mention paying other staff overtime in some cases to make up for the work not being performed by that vacant position. It all adds up to real dollars lost.
Homebase
NOVEMBER 22, 2022
Unlike in other industries, the high turnover in retail means you don’t get as much return on investment (ROI) from recruiting, onboarding, and training new employees, and a limited and inexperienced workforce makes bringing new hires on board an even bigger challenge. Learn more. So let’s explore how to do just that.
Zenefits
DECEMBER 5, 2022
Phrases like “ quiet quitting ” and “act your wage” have gained traction as employees find community with others who do not feel valued and respected in their workplace. Studies showing managers’ influence on employee retention. Managers can hire the right people for the job.
Payactiv
APRIL 12, 2022
According to a Gallup study , employee turnover costs US businesses a trillion dollars every year. Thus, there are a trillion reasons for organizations to care about keeping turnover to an absolute minimum. High Employee Turnover Costs Money. But the price goes well-beyond dollars and cents. million per year.
HR Counselor's Corner
MAY 31, 2022
In light of The Great Resignation and the ever-increasing challenge of attracting the right candidates for your jobs, we recommend employers take a creative approach to recruiting. It would also be wise to take another look at retention efforts. Make sure the wages you offer are competitive, meeting or exceeding the market rate.
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