When measured in monetary terms, the direct costs of replacing an employee can range from 50% to 200% of their annual salary (one-half to twice their annual salary) But the price goes well-beyond dollars and cents After people leave, companies […]
Recruiting and retaining great people is a challenge that companies across the globe and in all industries are grappling with In the US, skills shortages have more than tripled in the last ten years, with 69% of employers currently struggling […]
The Great Resignation continues unabated; currently, one in five employees says they plan to switch jobs next year Even companies that were once considered ideal job destinations are feeling the impact of this trend A recent study shows the average […]
The Great Resignation continues unabated; currently, one in five employees says they plan to switch jobs next year Even companies that were once considered ideal job destinations are feeling the impact of this trend A recent study shows the average […]
Since its early roots during the Industrial Revolution in the 19th century – where raw materials were transformed into finished goods – the manufacturing industry has featured prominently in most global economies Today, the manufacturing industry produces everything from aircraft, […]
Attracting and retaining quality employees is an ever-present pain point for HR departments Another is staying on budget while keeping employees on board In one survey, only 21% of hiring professionals reported staying on budget It’s important to manage budgets […]
In this segment of The Compassionate Capitalist Show™, Karen Rands is joined by Sabina Bhatia, Chief Customer Officer at Payactiv, the champion of Earned Wage Access (EWA) to talk about the impact ‘financial insecurity and well being’ of hourly wage […]
Benefits for healthcare workers are becoming increasingly vital as employers in the healthcare sector struggle to attract and retain staff These workers are the unsung heroes of our society, providing essential services that keep our communities healthy and safe Their […]
The best-performing businesses place the experience of their employees front and center They understand their customers, systems, and processes and the little tricks that make an organization tick Of course, a reasonable level of employee turnover can freshen up the […]
Today’s workforce is mobile 80% of the global workforce, or 27 billion employees, are deskless and often outside office space Warehouse workers, waiters, retail associates, drivers, landscapers, dishwashers, and thousands of other occupations do not have access to email and […]
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