HR Digest

NOVEMBER 28, 2023

For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success. If HR teams fail to understand and respond to such information, it compromises the potential growth of a business.

HR Software 105

HR Software Hiring Software HR Planning Assessment Software 105

Terryberry

APRIL 9, 2024

Employee retention is a hot topic in the world of human resources. It's no secret that employee turnover can be costly for businesses - both in terms of money and lost productivity. Without engagement, retention becomes even more of a challenge. What is Employee Retention and Why is it Important?

Hiring Software 52

Hiring Software Strategy Recruiting Software Onboarding Software 52

6Q

JUNE 4, 2023

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Terryberry

APRIL 19, 2022

Employee engagement and retention are frequently associated with each other. During the Great Resignation , organizations began to take an in-depth look at their engagement, retention, and recruitment strategies. Companies should focus on driving performance and retention through employee engagement.

Employee Engagement 98

Employee Engagement Retention and Turnover HR Planning Onboarding Software 98

Hppy

MAY 13, 2021

Employee retention refers to an organization’s ability to attract and retain talent and not all businesses take it as seriously as they should. . With so much competition for top talent and competitors constantly on the lookout for opportunities to scoop up high-performers, below are 5 ways to increase employee retention. .

Retention and Turnover 91

Retention and Turnover Compliance Training Case Study Training 91

6Q

APRIL 23, 2023

In this article, we explain how to get better employee retention. On average, companies spend almost $30,00 per employee, and if it doesn’t work out, the costs increase even more: employee turnover costs companies $15,000,000,000 a year. More than 2,700 employees from 15 industries took part in the 2022 surveys.

Hiring Software 104

Hiring Software Onboarding Software Retention and Turnover Recruiting Software 104

Hppy

JULY 5, 2023

Some would argue that HR and finance are two departments that play the biggest role in employee retention (other than individual teams and team leaders). Collaborative salary management The critical thing to remember is that, for your salaries to make sense, they must be aligned with the industry average. Here’s how.

HR Software 91

HR Software Hiring Software Onboarding Software Bonuses and Incentives 91

Insperity

OCTOBER 17, 2023

But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? Here are eight ways that your organization’s HR personnel can have a direct, positive impact on your employee retention strategy and serve as a valuable partner alongside management.

HR Planning 102

HR Planning HR Software Hiring Software Strategy 102

Terryberry

NOVEMBER 22, 2021

There are multiple ways for employers to implement successful ideas for employee recognition in the healthcare industry. Recognizing an employee’s effort may be challenging, especially with the current COVID-19 pandemic forcing many industries to reduce their workforce. Below are 4 easy-to-implement ideas to create your own program.

Employee Recognition 98

Employee Recognition Industry Recruiting Software Retention and Turnover 98

Cisive

MAY 11, 2020

When it comes to retention, HR leaders and their teams are always looking for ways to keep turnover rates down, especially for managers and key employees. Retention starts with onboarding and continues through the employee lifecycle. According to the Work Institute’s 2019 Retention Report , 41.4 million U.S.

Retention and Turnover 110

Retention and Turnover Interview Software Video Recruiting HR Software 110

Hppy

FEBRUARY 26, 2024

Many businesses , industries and sectors across the world struggle with employee retention, and it has become necessary to re-evaluate the relationship between employers and their staff members to try and reverse the trend. Team-building exercises and excursions can be helpful but beware of infringing on people’s free time.

Wage and Hour Training 195

Wage and Hour Training Bonuses and Incentives Compliance Training Onboarding 195

Empuls

OCTOBER 9, 2023

Employee turnover has been a persistent challenge in the banking sector, with both private and public sector banks grappling with this issue. High turnover can result in significant costs and disruptions, making it essential for banks to implement effective employee retention strategies.

Retention and Turnover 40

Retention and Turnover Strategy Recruiting Software Interview Software 40

Cloverleaf

MARCH 5, 2021

It is one of the things I am most proud of from this crazy journey - nearly zero turnover in the history of Cloverleaf (1 person in 3 years). The startup norm is to expect high turnover. Startups.com declared that “turnover is progress” indicating that startups should ‘shed dead skin’ of their early hires.

Retention and Turnover 95

Retention and Turnover Talent Experience Study Hiring 95

Analytics in HR

FEBRUARY 9, 2022

So, how can you reduce new hire turnover in your business today? Contents What is new hire turnover? How do you calculate new hire turnover? How to reduce new hire turnover. What is new hire turnover? New hire turnover can be voluntary —an employee decides to leave—or involuntary —an employee is asked to leave.

Video Recruiting 116

Video Recruiting Hiring Software Hiring Retention and Turnover 116

Analytics in HR

SEPTEMBER 7, 2023

Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention. HR analytics : HR gathers and analyzes employee data related to employee performance, engagement, turnover, and other relevant metrics to make strategic decisions.

HR Planning 110

HR Planning Hiring Software Resources HR Software 110

PI Worldwide

MAY 21, 2019

Employee turnover rates in the hospitality industry are significantly higher than the national average: 28.6% across all industries. Reduce turnover by shifting your perspective. Reduce turnover with fair compensation. The result: low turnover rates and high employee engagement. The culprit?

Industry 40

Industry Retention and Turnover Compensation Team Building 40

Empuls

APRIL 26, 2023

Employee turnover is one of the most important issues confronting retailers today. According to LinkedIn , the average retail turnover rate is one of the top turnover rates besides accommodation and entertainment. What is the retail turnover rate? Turnover rates are often calculated annually or quarterly by companies.

Retention and Turnover 40

Retention and Turnover Wage and Hour Training Hiring Software Background screening 40

Engagedly

MARCH 7, 2022

Facing challenges with employee retention is no doubt one of the common things that human resource departments face. Every company should focus on keeping turnover at a minimum. As per reports on truth and trends in turnover, one out of four employees will quit their present job, looking for other better opportunities.

Retention and Turnover 52

Retention and Turnover Hiring Software Retirement Onboarding Software 52

Tandem HR

AUGUST 24, 2021

As a result, experts predict a ‘turnover tsunami’ with many people seeking employment elsewhere as the economy recovers. The findings of the Achievers Workforce Institute’s Employee Engagement & Retention Report support this prediction. So, this oncoming tidal wave of turnovers could generate significant costs for your business.

HR Planning 81

HR Planning Planning Tools Retention and Turnover Hiring Software 81

Business Management Daily

DECEMBER 6, 2021

Employee retention is a major challenge for employers at this time. Many employers are seeing record turnover rates as the economy rebounds from the coronavirus pandemic. To combat turnover, it’s time to take a more active approach in retaining employees and boosting engagement. Allow telecommuting. 44% of U.S.

Wage and Hour Training 119

Wage and Hour Training Strategy Hiring Software Retention and Turnover 119

Empuls

OCTOBER 9, 2023

Employee engagement is a critical factor in the success of any industry, and the financial services sector is no exception. In this blog, we'll explore the importance of employee engagement in the financial services industry and provide actionable strategies to enhance it.

Employee Engagement 40

Employee Engagement Industry Strategy Retention and Turnover 40

Terryberry

JULY 20, 2020

Recognizing an employee’s effort may be challenging, especially with the current COVID-19 pandemic forcing many industries to reduce their workforce. 5 Critical Stats about Employee Engagement in the Healthcare Industry. 5 Critical Stats about Employee Engagement in the Healthcare Industry. Peer-to-peer Feedback.

Employee Recognition 85

Employee Recognition Recruiting Software Industry Retention and Turnover 85

Terryberry

FEBRUARY 8, 2023

Employee retention is a hot topic in the world of human resources. It's no secret that employee turnover can be costly for businesses - both in terms of money and lost productivity. Without engagement, retention becomes even more of a challenge. What is Employee Retention and Why is it Important?

Hiring Software 52

Hiring Software Talent Experience Recruiting Software Onboarding Software 52

Business Management Daily

MAY 17, 2022

Is employee retention doomed? However, that hasn’t stopped a number of businesses from blaming employee turnover on the very people they depend on. Even a small investment in employee retention can have immediate returns. Pizza Parties Don’t Buy Employee Retention , money does. Thankfully, no. The 3 Things Employees Need.

Employee Engagement 59

Employee Engagement Retention and Turnover HR Planning Hiring Software 59

15Five

JANUARY 4, 2018

We are talking about hiring, development, employee satisfaction and retention. Do you consider your workforce in terms of what you can “get” out of employees and their ELTV , or are you interested in team-building and employee development to find business success through supporting people to achieve greatness?

Video Recruiting 191

Video Recruiting Interview Software Hiring Software HR Planning 191

Engagedly

APRIL 11, 2022

Organizations are constantly searching for employee retention strategies to keep their employees in today’s competitive environment. Employee retention is a challenge for every organization. An effective employee retention strategy is a critical competitive differentiator. Recognize that retention starts with recruiting.

Strategy 52

Strategy Retention and Turnover Compensation Employee Engagement 52

Zenefits

MARCH 24, 2022

In 2021, the United States saw unprecedented employee turnover levels. It’s put retention front and center on employers’ minds. One of the most significant factors in employee retention is the supposed burn and churn mentality. Suggestions for team building include: Regular and meaningful one-on-one manager meetings.

Strategy 36

Strategy Retention and Turnover Compliance Training Trends 36

Homebase

MAY 24, 2023

In this article, we explore what employee engagement actually is, the link between engagement and retention , statistics every employer should know, the four pillars of engagement, and seven valuable employee engagement strategies. What is employee retention? The basic definition of employee retention is pretty simple.

Employee Engagement 52

Employee Engagement Hiring Software HR Software Strategy 52

Empuls

FEBRUARY 6, 2023

At the moment, manufacturing companies are dealing with many challenges such as labor shortages, skill gaps, high turnover rates, and more. To soften these blows as much as possible, employee engagement in the manufacturing industry becomes critical. In the manufacturing industry, remote working often won’t be a possibility.

Onboarding Software 52

Onboarding Software Hiring Software Employee Engagement HR Software 52

Bonusly

JULY 17, 2019

This kind of turnover is extremely expensive. That cost varies across different industries, but for some employers, it can be even higher. 25% of all employees are of this nature , what you might consider “high risk” when it comes to retention. How do you win the employee retention battle? Is it always about the money?

Hiring Software 85

Hiring Software Strategy Retention and Turnover Onboarding Software 85

Empuls

OCTOBER 9, 2023

Healthcare employee turnover:  stats & facts Healthcare employee turnover refers to the rate at which healthcare workers leave their jobs within a given time frame, either voluntarily or involuntarily, and are replaced. Here are some facts sheding light on the problem of turnover in healthcare industry.

Staffing Software 52

Staffing Software Hiring Software Recruiting Software Planning Tools 52

Analytics in HR

NOVEMBER 5, 2018

This information was provided anonymously to managers so they could reduce turnover risk factors and retain their people better. Turnover at Experian. The company was facing levels of turnover that were 3-4% higher than they wanted it to be. This was a proven, important condition for first-year retention.

Case Study 96

Case Study Analytics Study HR Software 96

Netchex HR Blog

MARCH 27, 2024

You can’t have an effective and motivated team as long as your leaders and coaches are ineffective. Retention Unhappy, disengaged workers are more eager to find jobs elsewhere. Test different HR strategies to reduce turnover. Equal pay and industry-standard raises are important.

HR Software 40

HR Software Onboarding Software Employee Engagement HR Planning 40

Hppy

APRIL 23, 2021

By offering them opportunities and fostering positive employee satisfaction, you will improve employee retention, attract more talented workers, and boost productivity. One way to invest in your employees is to focus on building their skills. Employee retention is incredibly important because of the high cost of employee turnover.

Retention and Turnover 125

Retention and Turnover Certification Time and Attendance Conference 125

ApplicantStack

NOVEMBER 14, 2023

Hiring the right people is vital to the growth and success of your organization, so the last thing you want to worry about is high turnover. Since employee retention rates are linked to overall satisfaction at work, it makes sense that stronger, more cohesive teams tend to have employees who stick around.

Team Building 52

Team Building Retention and Turnover Hiring Software ApplicantStack 52

Vantage Circle

MAY 17, 2023

Are you facing high levels of absenteeism, poor performance, or high turnover rates? The good news is that building and maintaining high employee morale is possible with the right strategies in place. Employee morale can significantly impact employees' productivity , job satisfaction, and retention rates.

Assessment Software 105

Assessment Software HR Software Interview Software Planning Tools 105

Achievers

DECEMBER 19, 2023

A healthy workforce is a prerequisite for sustained success in any industry, but the new normal has led to a wide range of challenges to employee wellbeing. Your company should also examine statistics on productivity levels and turnover rates to gain insights into broader dynamics that influence employee wellbeing.

Hiring Software 205

Hiring Software Interview Software Recruiting Software Planning Tools 205