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Because the current healthcare climate is heavily focused on meeting strict quality guidelines from the feds and payors while providing top-notch care, employee retention in healthcare is more critical than ever. Retention is difficult in the healthcare industry for several reasons – one of the most significant being employee burnout.
It resulted from forming a larger company through a merger between Ultimate Software and Kronos Incorporated in April 2020. Ultimate Kronos Group includes UKG Pro for HRMS and UKG Ready for workforce management, providing comprehensive tools to address various HR needs. This can lead to higher retention and productivity.
by Jennifer Ardery, Senior Product Marketing Manager, Kronos. According to a recent survey of 614 HR leaders from Kronos Incorporated and the HR advisory and research firm Future Workplace , nearly half of the respondents blamed employee burnout on up to half of their annual turnover. Employee burnout. How can we not?
While some companies still contemplate whether or not it’s a good fit, others like Netflix, Kronos, and Virgin Group, believe in the positive effects of such flexible policies. They are quintessential during hiring and retention. If you have decided to implement an unlimited vacation policy, communicate guidelines for the same.
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