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Building a Resilient Healthcare Workforce through Financial Wellness Programs

Payactiv

Financial wellness has become one of the most sought-after employee benefits among U.S. workers, and healthcare employees are no exception. Besides burnout, many healthcare professionals are nearing retirement age , which will intensify the sector’s staffing crisis.

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How this HR’s Rising Star and ‘numbers person’ innovates in hard-hit hospitality

HRExecutive

A self-described “numbers and analytics person,” Riddle got to use those skills during a crash course on retirement plan management in a college internship at a Washington, D.C., Though not HR-specific, after the program ended, he got a taste of recruiting as a campus representative. nonprofit. “I

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Industry Insights: Healthcare

Payactiv

Healthcare systems are experiencing double-digit turnover rates and difficulty recruiting. While many healthcare recruiters blame the Great Resignation for the high turnover rates, it’s hardly the only culprit. Today, 33% of recruiters spend over 20 hours a week sourcing candidates. A quarter of U.S. When a record 4.5

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Tackling Logistics Labor Shortages: Why Employee Benefits Are Key

Payactiv

Experts have proposed several solutions to end the labor shortage and, in this article, we’ll focus on how employee benefits can help resolve this problem for companies and consumers alike. Many workers haven’t returned to work because they decided to switch careers in the pandemic, while others retired early.

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Is Your Employee Benefits Package Working for You?

Payactiv

Recruiting and retaining great people is a challenge that companies across the globe and in all industries are grappling with. In particular, hospitality and retail workers have more choices than ever about where they work, and companies need to understand people’s priorities and reexamine their employee value propositions to compete.

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Industry Insights: Manufacturing

Payactiv

Baby Boomers working in the manufacturing industry will retire in the next decade, creating a large void and a concerning labor shortage. Recruitment Challenges. Low Employee Engagement. Recruit populations underrepresented in manufacturing, such as women and veterans. HR Challenges in Manufacturing. Accounting for 11.7

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The Best Benefit to Address the Manufacturing Talent Shortage

Payactiv

The Department of Labor’s database shows the losses in skilled employees in this sector from 2002 to 2021. million retirements are expected in the industry over the next decade, the industry is estimated to have 2.1 The post The Best Benefit to Address the Manufacturing Talent Shortage appeared first on Payactiv.