Extensis

DECEMBER 20, 2023

In the ExtensisHR 2024 Trends Report, review the top 10 latest industry developments and the steps your business can take to succeed, straight from our internal thought leaders. Get Full Report Today’s workforce demands, technological advancements, and shifting demographics are causing the human resources (HR) industry to transform rapidly.

HR Trends 102

HR Trends HR Software HR Planning Trends 102

Accurate Background

SEPTEMBER 2, 2022

And yet, there are some companies that continue to enjoy an influx of applicants for open jobs and a lower than average turnover rate among existing employees. We defined “retention laggards” as those who responded to the same question with “high degree” or “very high degree.”. What are these organizations doing that others aren’t?

Report 95

Report Retention and Turnover Hiring Software Staffing Software 95

HR Brew

MAY 2, 2024

The Bureau of Labor Statistics’ (BLS) latest Job Openings and Labor Turnover Summary (JOLTS), released on May 1, showed the number of job openings in March “changed little” when compared to February. million job openings in March, the BLS reported, compared to 8.8 million hires in March and 5.2 million hires and 5.5

Report 395

Report Retirement Compensation Hiring 395

DailyPay

JUNE 14, 2021

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.

Retention and Turnover 59

Retention and Turnover Staffing Software Staffing Hiring Software 59

Homebase

JUNE 22, 2023

Finding and keeping talented employees is an uphill battle for most hiring managers, regardless of the industry. You invest resources in hiring, training, and developing your workforce, only to see them walk out the door and into the arms of your competitors. What is employee turnover? What is employee retention?

Hiring Software 52

Hiring Software Industry Retention and Turnover Recruiting Software 52

Fond

JANUARY 21, 2020

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. High Turnover and High Growth.

Retention and Turnover 111

Retention and Turnover Onboarding Software Hiring Software Staffing Software 111

Workable

JANUARY 2, 2018

After weeks of sourcing and interviewing candidates, you finally land your perfect hire. Your seemingly perfect hire is leaving and you need to start recruiting all over again. This awkward situation is called new hire turnover. New hire turnover is common. How to calculate new hire turnover.

Hiring Software 79

Hiring Software Hiring Wage and Hour Training Onboarding Software 79

FingerCheck

OCTOBER 19, 2023

A high employee retention rate is often a sign of a healthy business. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention? Employee retention is the science of reducing employee turnover. What Are the Benefits of Employee Retention?

Talent Experience 52

Talent Experience Retention and Turnover Strategy Hiring Software 52

Cisive

OCTOBER 18, 2021

A year of unprecedented challenges resulting from the global pandemic has dramatically shifted how we all attract, hire, screen, and onboard new talent. Maybe even freeze hiring? The majority of respondents reported that their company’s staff actually grew during this period. Expected challenges in the coming months.

Benchmarking 106

Benchmarking Screening Hiring Software Trends 106

Business Management Daily

MAY 31, 2021

It is being widely reported that a turnover tsunami is on the horizon. Employers need to start taking steps now to minimize turnover in their organizations. Why mass turnover is on the horizon. Is a “turnover tsunami” really on the horizon? Pent up turnover. How to retain staff post-covid.

Retention and Turnover 98

Retention and Turnover Bonuses and Incentives Hiring Software Staffing Software 98

Insperity

JANUARY 21, 2021

What do you think of when you see the terms “employee turnover” and “employee attrition?” For many of us, these phrases call to mind workplace dysfunction, job losses or even confusion, because turnover and attrition are closely related ideas. What is employee turnover? So, the turnover rate in this example is 21.62

Retention and Turnover 77

Retention and Turnover Hiring Software Onboarding Software Retirement 77

Precheck

OCTOBER 18, 2021

Cisive Insights: Talent Screening Trends in a Global Pandemic (A Benchmark Report) Oct. A year of unprecedented challenges resulting from the global pandemic has dramatically shifted how we all attract, hire, screen, and onboard new talent. Maybe even freeze hiring? Jenni Gray Copywriter. Did their company grow? Decrease staff?

Benchmarking 98

Benchmarking Screening Hiring Software Trends 98

HRExecutive

DECEMBER 16, 2021

The Bureau also reported almost 11 million job openings of October 2021. Turnover remains historically high as 4.2 Following are the recommendations I give to HR leaders trying to tackle today’s hiring challenges. Remember that the most expensive person you hire is someone who doesn’t work out.

Hiring Software 139

Hiring Software Recruiting Software Hiring Assessment Software 139

Sterling Check

JUNE 1, 2022

Healthcare HR professionals are always seeking new ways to improve their hiring strategies and getting creative when sourcing talent. According to a recent NSI Nursing Solutions report , the turnover rate in hospitals now stands at 25.9%, resulting in the average hospital losing between $5.2M-$9.0M Recruiting the Right Person.

Hiring Software 52

Hiring Software Onboarding Software Retention and Turnover Staffing Software 52

Keka HR Blog

MARCH 31, 2023

The criticality of HR reporting for an organization’s success cannot be overstated. HR reporting provides a way to gather and analyze HR data, allowing organizations to track key performance indicators (KPIs) such as employee turnover rates, time-to-hire and diversity metrics.

HR Software 52

HR Software HR Planning Hiring Software Report 52

DailyPay

JULY 13, 2021

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often. READ THE EBOOK.

Wage and Hour Training 52

Wage and Hour Training Retention and Turnover Hiring Software Compliance Training 52

DailyPay

APRIL 10, 2021

This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? What is the average employee retention rate? SHRM predicts the annual turnover rate to be close to 19%, and also assumes that the average cost-per-hire to fill a position at $4,129.

Retention and Turnover 59

Retention and Turnover Industry Hiring Software Staffing Software 59

Sterling Check

APRIL 20, 2023

Continued staffing shortages, higher turnover, a growing interest in travel nursing options and remote work, and now the uncertainty in the current macro-economic landscape, is stretching HR teams thin and making hiring even more of a challenge. View 2022 Benchmark Report Takeaways Blog 2.

Staffing Software 52

Staffing Software Onboarding Software Retention and Turnover Hiring 52

Edcor

MAY 20, 2024

Hospitals have faced an average RN workforce turnover of 102.6% The turnover shot up to 27.1% Turnover rates vary anywhere from 5.6% depending on the size of the hospital according to the 2024 NSI National Health Care Retention & RN Staffing Report. The report also highlights how costly the turnover can get.

Retention and Turnover 52

Retention and Turnover Strategy Hiring Software Staffing Software 52

ClearCompany HRM

APRIL 12, 2022

As workers continue to resign, the benefits of employee retention have never been so apparent and companies are naming retention a top priority this year. With 50% of CEOs saying that recruitment and retention are one of their biggest challenges in 2022, it’s time to turn to more creative ways to retain employees.

ClearCompany 384

ClearCompany Hiring Software Retention and Turnover Interview Software 384

15Five

JANUARY 29, 2024

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. What is a good employee retention rate?

Retention and Turnover 203

Retention and Turnover HR Planning Onboarding Employee Recognition 203

Empuls

SEPTEMBER 29, 2023

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%. High attrition rates have long plagued the call center industry.

Hiring Software 40

Hiring Software HR Software Recruiting Software Staffing Software 40

HR Brew

APRIL 2, 2024

The Bureau of Labor Statistics’ (BLS) latest Job Openings and Labor Turnover Summary (JOLTS) released on April 2, showed that job openings , separations, and the hiring rate “changed little” from January to February. million hires and 5.6 million hires, and 5.4 What’s happening? There were 8.8 million separations.

Report 249

Report Compensation Hiring Industry 249

Prism HR

JANUARY 23, 2023

That includes turnover , which can be a challenge for any company. companies that fall into the small and medium-sized business (SMB) category, turnover can be especially difficult for smaller organizations that feel bottom-line hits much quicker than their larger counterparts. So how do you quantify turnover? Since 48% of U.S.

Onboarding Software 52

Onboarding Software Hiring Software Staffing Software Recruiting Software 52

ClearCompany HRM

JANUARY 25, 2022

There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. So, refresh your employee retention strategies for 2022 by tuning into the job market and the demands of today’s labor market. less turnover. Employees stay up to 41% longer at companies that hire internally.

ClearCompany 370

ClearCompany Hiring Software Onboarding Software Retention and Turnover 370

ClearCompany HRM

JUNE 16, 2022

Driving employee retention remains a top priority for HR teams as the Great Resignation and hiring challenges continue. Gallup recently reported on the steady dip in employee engagement that’s undoubtedly driving some of this employee turnover. Fewer employees report having been recently recognized at work.

Performance Management 380

Performance Management ClearCompany Hiring Software Planning Tools 380

Hospital Recruiting

JUNE 27, 2019

New data, the 2019 National Health Care Retention & RN Staffing Report, published by NSI Nursing Solutions, Inc. Voluntary turnover continues to increase. Competition for talent is also driving turnover, with employee poaching becoming the new norm. turnover rate, up from 16.8 million by 2024. Tenure troubles.

Hiring Software 56

Hiring Software Staffing Software Retention and Turnover Recruiting Software 56

Linkedin Talent Blog

JUNE 10, 2024

More companies are committing to skills-based hiring these days — for good reason. At the same time, as companies face serious skills shortages , skills-based hiring is helping them widen the talent pool. At the same time, as companies face serious skills shortages , skills-based hiring is helping them widen the talent pool.

Hiring Software 51

Hiring Software Assessment Software Recruiting Software Onboarding Software 51

PandoLogic

MARCH 31, 2023

When hiring in the healthcare industry, keeping an eye on key staffing metrics is critical to improving hiring practices and the quality of care. Challenges for Healthcare Hiring Managers Healthcare hiring managers are faced with numerous challenges in today’s job market.

Staffing Software 52

Staffing Software Staffing Metrics Hiring Software 52

HRExecutive

JUNE 8, 2023

it may not be surprising that a recent survey found the organization’s future economic outlook to be the top driver of employee turnover. Only 21% of those surveyed cited their relationship with a manager as a potential reason to leave, making it the second-to-last of the top turnover factors. “As

Payscale 119

Payscale Report Retention and Turnover Hiring Software 119

Zenefits

NOVEMBER 8, 2022

Employee turnover is typical for most businesses. A high turnover rate deals damage from multiple angles, from the expense of recruiting and training new hires to the loss of institutional knowledge and a tarnished reputation. businesses lose an astounding $1 trillion annually due to voluntary turnover. Short-staffing.

Retention and Turnover 36

Retention and Turnover Hiring Software Compliance Training HR Planning 36

HRExecutive

MAY 28, 2021

One of my geeky interests is following the monthly labor market reports from the U.S. The most prominent of these is the Employment Situation Report , better known as the Jobs report. The second is the Job Openings and Labor Turnover Survey , better known as the “JOLTS” report. Bureau of Labor Statistics.

HR Software 143

HR Software Hiring Software Assessment Software Planning Tools 143

ClearCompany HRM

AUGUST 31, 2023

AI in HR is no different, and 60% of HR professionals say they’re already using AI and automation for recruiting and hiring. 60% of HR pros already use AI for recruiting and hiring. Predictive analytics analyzes past recruitment patterns, employee turnover rates, and market dynamics to forecast future hiring needs.

Recruiting Software 266

Recruiting Software Hiring Software Onboarding Software ClearCompany 266

Hppy

JUNE 10, 2024

In a sector notorious for high turnover, how can HR departments personalize the employee experience to drive engagement and retention? Image by Freepik Data-Driven Retention Strategies: Beyond Exit Interviews Exit interviews are valuable, but they only tell part of the story. But what about your employees? Onboarding 2.0:

HR Software 91

HR Software Onboarding Software Hiring Software Interview Software 91

ClearCompany HRM

JANUARY 12, 2023

This post was originally published in March 2016 and was updated with new information about the new hire experience in January 2023. No new hire should begin their position within a company without a balanced and well-planned onboarding program. That’s why it’s so important to support your employees during their time as new hires.

ClearCompany 384

ClearCompany Hiring Software Onboarding Software Talent Experience 384

UKG

AUGUST 31, 2023

How to Reduce Turnover in Manufacturing heather.vanhou… Thu, 08/31/2023 - 13:23 Main Image Background Color Yellow Body It is no surprise that the tight labor market continues to be a critical issue as manufacturing organizations try to expand and meet escalating demands head-on. The struggle to fill critical labor gaps is real—and expensive.

Retention and Turnover 98

Retention and Turnover UKG Hiring Software Onboarding Software 98

Visier

DECEMBER 3, 2019

Employee turnover is a critical challenge that almost all HR managers stress over. Turnover rate is a typical measurement that many organizations use as a scorecard for HR. However, the true cost of turnover can’t be analyzed by simply knowing your attrition rate and whether or not it has increased or decreased.

Retention and Turnover 195

Retention and Turnover Hiring Software Recruiting Software HR Software 195