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Company Doors Drive Employee Turnover – Friday Distraction

HR Bartender

Today’s Time Well Spent from our friends at Kronos explains it all too well. The sad part about the cartoon is that often we don’t need data to see the revolving door of employee turnover. When trying to impact employee turnover, there are three core data areas to examine. Recruiting and onboarding practices.

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The Onboarding & Retention Relationship

Astron Solutions

Tanner reports that 69% of employees are more likely to stay with their places of employment for at least three years after a great onboarding experience. Is the process of onboarding really that critical to retention? The Wynhurst Group found that 22% of employee turnover happens in the first 45 days of employment.

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Offering On-Demand Pay Drives Recruiting and Increases Retention for Supermarket Chain, Dave’s Markets

DailyPay

Time & Attendance Platform : Kronos. The business has been expanding ever since, which is why David began searching for a benefit that would decrease turnover and increase retention within the stores. Lately, we have seen turnover continue to rise, given the low unemployment and overall competitive landscape for labor.

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11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it. Voluntary vs. involuntary turnover.

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New Kronos Study Finds Activities That Drive Employee Success are Often Ignored

HR Daily Advisor

According to a new study from Kronos Incorporated , onboarding is a critical weakness for a majority of organizations that stalls new hire momentum and threatens to disengage enthusiastic employees during their crucial first weeks on the job. Don’t hoard —Delegate onboarding activities. organizations of all sizes and industries.

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10 Eye-opening Employee Retention Statistics You Should Take Note Of

Vantage Circle

1) 69% of employees who undergo effective onboarding are more likely to stay with an employer for at least 3 years, and 58% are more likely to stay on for more than 3 years. The onboarding program is the first official interaction a new hire has with the company. The same report also highlights the indirect costs of employee turnover.

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Read ‘Em and Share: 25 Fascinating HR Statistics

Rise

47% of HR leaders cite employee retention and turnover as their top workforce management challenge, followed by recruitment and corporate culture management. 76% of HR leaders say employee onboarding practices are underutilized at their organization. HR Statistics. Allegis Group ). SilkRoad ). HR Statistics. Allegis Group ).