article thumbnail

Why Employee Engagement is Important in 2023

15Five

Just when we thought we were making progress on employee engagement, the U.S. The study found that while the number of engaged workers held steady at 32% last year, the number of actively disengaged employees rose to 18%. Read on for the four major benefits of employee engagement in 2023.

article thumbnail

A Guide On How To Calculate The Employee Turnover Rate

Vantage Circle

Continued focus on (employee) turnover is of critical importance, because of the direct relation of turnover to improvements in labor costs and guest satisfaction. "Employee turnover" is a word that makes HR practitioners' hearts skip a beat. What is Employee Turnover?

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

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

Employee Retention: 12 Strategies to Retain Your Top Talent

FingerCheck

A recent study found that 96% of workers will be looking for a new job in the coming year. A high employee retention rate is often a sign of a healthy business. It saves money, improves efficiency, boosts employee morale and gives you a competitive edge. What Is Employee Retention?

article thumbnail

Employee Turnover in the Healthcare Industry: 5 Main Causes

HSD Metrics

Although every industry is dealing with high turnover and staff shortages, healthcare professionals have been the most affected and have experienced the greatest pressure in the last few years. They are directly tied to positive patient experiences, yet industry trends point towards high-turnover rates among healthcare providers.

article thumbnail

Why employee retention is important in the construction industry

Homebase

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? What is employee retention?