article thumbnail

5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

Simultaneously, hospital turnover increased by 0.9% Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. Improving retention and happiness at work for healthcare employees is a top concern among HR leaders. High Turnover and High Growth. The Cost of Turnover.

article thumbnail

Healthcare Recruitment Tips: How to Attract Top Talent

Astron Solutions

Using predictive analytics can help you stay ahead of problems and solve employee retention issues before they stall your performance. They can also help reduce employee turnover by monitoring the effectiveness of compensation plans. About the Author: Julie Albiani (she/her) is a Talent Acquisition Manager at Arcadia.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The “Great Retention”: It all starts with hiring

HRExecutive

In many ways, the pandemic was a wake-up call for businesses around their talent acquisition strategies. According to Gallup , disengaged employees have 81% higher absenteeism and 14% lower productivity, while highly engaged business units result in a 23% difference in profitability. hit record highs, with 9.3

article thumbnail

Employee Recognition: How Can It Help Counteract The Effects Of A Crisis?

Vantage Circle

A simple "thank you" can make employees feel more appreciated and help boost retention rates. If your employees aren't recognized for their work, they'll take it somewhere else. The phrase "Employee Engagement" frequently appears in today's highly interconnected and modernized global economy.

article thumbnail

Employee Recognition Statistics Leaders Must Know in 2022

Semos Cloud

Employee Recognition Statistics Leaders Must Know in 2022. HR managers know why recognition impacts the workforce’s health and businesses’ bottom line. Read on for the latest compilation of employee recognition stats for when you need to influence the stakeholders with some impactful data. October 7, 2022.

article thumbnail

Retention Strategies to Avoid the Great Resignation in Your Workplace

Cisive

The puzzle that talent acquisition and HR leaders are trying to solve is how to retain employees before they reach their quitting point. Replacing employees that leave with new ones is costly, and the cost of vacancy while employers scramble to find replacements can be even higher.

article thumbnail

Why The Home Depot builds its own employee retention solutions

HRExecutive

HRE recently spoke with Eric Schelling, vice president of talent acquisition at The Home Depot, to find out how it takes on employee retention, why it builds its own TA solutions and what is on his IT wishlist. Advertisement HRE: What is your biggest challenge for 2022: employee retention? DEI initiatives?