Turnover

Inspire Performance Management Platform Adds Flexibility to Match Need for Business Agility

Retrieved on: 
Wednesday, July 7, 2021

This comes at a time when burnout and employee turnover are high, giving rise to what some call the "great resignation."

Key Points: 
  • This comes at a time when burnout and employee turnover are high, giving rise to what some call the "great resignation."
  • Inspire Software completed extensive user research to gauge the pace of these changes, thus redesigning its performance management platform to streamline the most critical functions so employees can better measure OKRs and celebrate each others' success in the flow of work.
  • "We wanted to push the limits of what performance software is capable of regarding the user experience," said Chris Wollerman, Inspire Software founder and CEO.
  • Inspire Software leadership believes Continuous Performance Management (CPM) paves the way for the future of workforce development.

Total Economic Impact Study Reveals isolved Delivers a 277% ROI Over 3 Years and Pays for Itself in Less Than 6 Months

Retrieved on: 
Monday, June 28, 2021

Human resource (HR) leaders need to quickly remedy gaps in the employee experience while proving the business impact of those investments.

Key Points: 
  • Human resource (HR) leaders need to quickly remedy gaps in the employee experience while proving the business impact of those investments.
  • To uncover the business value for customers investing in its intelligently connected human capital management (HCM) platform, isolved commissioned Forrester Consulting to conduct an independent Total Economic Impact (TEI) study .
  • The study found isolved customers reduce turnover, rapidly improve onboarding and re-engage their workforce all while recouping software costs.
  • isolved customers interviewed for the study include Wee Care Corporation , a foodservice business, an agriculture company and a wholesale distributor.

Five Ways to Reduce Staff Turnover

Retrieved on: 
Wednesday, June 23, 2021

Making better recruitment decisions and delivering relevant training can significantly bolster staff retention, according to a new white paper by Questionmark , the online assessment provider.

Key Points: 
  • Making better recruitment decisions and delivering relevant training can significantly bolster staff retention, according to a new white paper by Questionmark , the online assessment provider.
  • Employers could be about to face a turnover tsunami.
  • Some 52% of workers across North America report they are looking for a new job, according to a study for the Achievers Workforce Institute.1
    Staff turnover is expensive for employers.
  • By gaining real and reliable information from staff assessments, leaders can make better decisions on the way they manage their people and bolster retention.

Remote Workers Lost Nearly $10,000 from Delayed Promotions in Last Year, New BambooHR Study Finds

Retrieved on: 
Thursday, June 10, 2021

Now organizations must face the fact that nearly one-third of remote workers plan to switch careers or look for a new job in the next six months.

Key Points: 
  • Now organizations must face the fact that nearly one-third of remote workers plan to switch careers or look for a new job in the next six months.
  • Remote workers have had a difficult time finding work-life balance and are feeling exhausted which may result in high turnover once normalcy resumes.
  • 15% of remote workers didn't take any days off in the last year and almost half (46%) only took a week or less off.
  • 44% of remote workers have taken a day off for personal mental wellness in the last year, 37% have to help them reduce burnout.

SMi Trial(D) Tackles the Impact of High Staff Turnover on Decentralized Trials and Reduces Common Mistakes

Retrieved on: 
Thursday, June 10, 2021

SAN DIEGO, June 10, 2021 /PRNewswire/ --ScienceMedia has tackled one of the biggest challenges facing decentralized trials high staff turnover rates.

Key Points: 
  • SAN DIEGO, June 10, 2021 /PRNewswire/ --ScienceMedia has tackled one of the biggest challenges facing decentralized trials high staff turnover rates.
  • SMi TrialD, the world's first mobile education platform for decentralized and hybrid trials, provides on-demand training for site and in-home healthcare staff, whether at study startup or as needed to educate team members joining a trial mid study.
  • With SMi TrialD's on-demand training for decentralized and hybrid trials, we're addressing the impact of turnover head on, and ultimately de-risking trials to keep study operations running efficiently throughout the trial."
  • I've been scouring the industry frantically to find a solution like this as we look to launch our first set of decentralized trials".

Workhuman Survey Links Social Recognition to Psychological Safety

Retrieved on: 
Thursday, June 10, 2021

The survey further revealed men experienced higher psychological safety than women, white employees experienced higher psychological safety than other ethnic groups, and working parents had the lowest psychological safety in comparison to employees who are not parents.

Key Points: 
  • The survey further revealed men experienced higher psychological safety than women, white employees experienced higher psychological safety than other ethnic groups, and working parents had the lowest psychological safety in comparison to employees who are not parents.
  • According to a Gallup report , organizations that move towards creating psychological safety for its employees see a 30% reduction in turnover, 40% reduction in safety incidents and a 12% increase in productivity.
  • (Graphic: Business Wire)
    Based on our survey, the two most practical ways to boost psychological safety are to say thank you more often and to check in with employees more frequently, said Workhuman Director of People Analytics Dr. Meisha-Ann Martin.
  • Workhuman is pioneering the Human Workplace through award-winning Social Recognition and Continuous Performance Management solutions.

It's Official, Carly Rian Group is a Great Place to Work!

Retrieved on: 
Monday, May 31, 2021

TORONTO, May 31, 2021 /PRNewswire-PRWeb/ --Carly Rian Group (CRG) is proud to announce that we have been certified as a Great Place to Work, after a thorough, independent analysis conducted by the Great Place to Work Institute Canada.

Key Points: 
  • TORONTO, May 31, 2021 /PRNewswire-PRWeb/ --Carly Rian Group (CRG) is proud to announce that we have been certified as a Great Place to Work, after a thorough, independent analysis conducted by the Great Place to Work Institute Canada.
  • "Our data shows that great workplaces benefit from stronger financial performance, reduced turnover, and better customer satisfaction than their peers.
  • Carly Rian Group (CRG) is a management consulting firm focused on operations strategy, process improvement, and performance management.
  • Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures.

Reply Stays at the Top of the List: Reply - Digital Experience is the Largest Agency and Company Group in the BVDW Internet Agency Ranking

Retrieved on: 
Thursday, May 27, 2021

For the third year in a row, the Reply - Digital Experience agency and group of companies topped the revenue ranking of the Bundesverband Digitale Wirtschaft (BVDW).

Key Points: 
  • For the third year in a row, the Reply - Digital Experience agency and group of companies topped the revenue ranking of the Bundesverband Digitale Wirtschaft (BVDW).
  • The achieved fee turnover of 145.8 million euros in 2020 means a growth in turnover of 5.23 percent for Reply - Digital Experience.
  • "We are very proud to show growth in turnover and defend our top ranking position after a thoroughly challenging financial year.
  • Thorben Fasching, Executive Partner of Reply adds: "At Reply - Digital Experience we have highly specialised competences from all areas of digital transformation.

New Study Reveals a Disengaged ‘COVID Cohort’ of Employees, Signals Looming HR Crisis

Retrieved on: 
Wednesday, May 26, 2021

Theyve created a ticking time bomb of sorts, which will likely lead to higher turnover rates in the near future.

Key Points: 
  • Theyve created a ticking time bomb of sorts, which will likely lead to higher turnover rates in the near future.
  • HR leaders need to rethink how they engage this cohort of employees as well as how they will onboard future hires.
  • Our data suggest the levels of engagement and well-being reported by the COVID cohort are strong indicators of future turnover, continued Wells.
  • Failure to Attach: The Crisis for Pandemic Hires was conducted as a paid, panel research study that surveyed working Americans.

SHRM Report: Racial Inequity Persists, Costs American Workplaces Billions Annually

Retrieved on: 
Monday, May 24, 2021

Turnover due to racial inequity in the workplace may have cost U.S. organizations up to $172 billion over the past five years.

Key Points: 
  • Turnover due to racial inequity in the workplace may have cost U.S. organizations up to $172 billion over the past five years.
  • In the summer of 2020, SHRM launched Together Forward @Work , a call to action for the HR profession and business community to drive racial inequity out of U.S. workplaces.
  • Cost estimates were calculated using a combination of data from SHRMs 2021 Cost of Racial Injustice survey and BLS data.
  • SHRM, the Society for Human Resource Management, creates better workplaces where employers and employees thrive together.