Remove Employee Engagement Remove Employee Recognition Remove Examples Remove Retention and Turnover
article thumbnail

5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

The healthcare industry knows all too well how difficult it can be to find and retain excellent employees, especially since 2020. Hospitals see an incredible 100% turnover every five years and lose as much as $9 million annually due to turnover. We’ll also look at winning strategies health systems use for hiring and retention.

article thumbnail

Unlock the Power of Employee Recognition in Healthcare and Hospitals

CoreCentive

In the dynamic world of healthcare and hospitals, where lives are on the line daily, employee burnout, turnover, and shortages can have serious consequences. As a trusted partner in creating and managing robust employee recognition programs, CoreCentive understands the unique challenges faced by healthcare HR professionals.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Untangling Turnover: What You Can Control, And What You Can't

Bonusly

Just hearing the word “turnover” can strike panic into the heart of even the most experienced HR professional right now. ??. With all the resignations, reshuffling, and high-speed hiring you’re probably experiencing, it can be hard to come up with an effective employee retention strategy. Turnover isn’t always bad.

article thumbnail

The Importance of Employee Recognition: With Statistics and Examples

Vantage Circle

We all know that employee recognition is all about appreciating and rewarding the hard work and achievements of your employees. But do you know why is employee recognition important? Employee Recognition serves as a fundamental cornerstone for organizational success. So, let’s dive in!

article thumbnail

Mind-Blowing Statistics on Performance Management, Reviews, and Employee Engagement

ClearCompany HRM

Employee engagement and performance management statistics — and in particular, data around performance reviews — are essentially inseparable. For example, performance review statistics show that more frequent reviews and feedback lead to an increase in employee engagement. Employee Engagement Statistics.

article thumbnail

What Is a Good Retention Rate and How Do You Achieve and Maintain It?

15Five

However, without measuring employee engagement rates, you won’t understand the effectiveness of your HR strategies in improving retention and decreasing turnover. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

article thumbnail

How Employee Attrition Affects the Workplace

Intoo USA

High attrition rates may also impact employee morale and job satisfaction, contributing to a negative work environment. To mitigate these effects, organizations need to implement effective employee retention strategies that foster employee engagement and create a more stable and productive workplace.