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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

Attrition has always been expensive for companies, but in many industries, the cost of losing good workers is rising, thanks to increasingly tight labor markets. This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? Wholesale trade: 1.9%.

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How a Pay Experience Will Accelerate Strategic Goals in the New World of Work – 3 Part Series

DailyPay

In this webinar you will learn about… Ways to re-evaluate the way you hire and engage with your employees in our new world of work Explanation of what a pay experience is and how it transforms the traditional pay cycle The benefits of offering a pay experience for employers and employees. Webinar Series.

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Tired of Employee Turnover? Increase Retention with this Easy to Implement Cost-Free Solution

Payactiv

Turnover is costing you exorbitant amounts of money every year and HR departments have been fighting it for decades. The numbers continue to inflate, the need to differentiate yourself from competitors is more important every year, and the cost associated with turnover can debilitate or even cripple a company. Restaurants.

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Why Flexible Scheduling is Critical for Today’s Workforce

Payactiv

However, there are certain industries – like retail, hospitality, and healthcare – where remote working is simply not an option. In days gone by, shift work was associated with industrial or manufacturing environments, given the 24/7 nature of these operations and the need to maximize resource productivity. Shift Work.