Turnover

Benefit Advisors Network, Nectar Partner to Close Worker Recognition Gap

Retrieved on: 
Tuesday, March 16, 2021

These feelings can have serious, negative consequences on a business, including reduced productivity and increased turnover," says Trevor Larson, Co-Founder and CEO of Nectar.

Key Points: 
  • These feelings can have serious, negative consequences on a business, including reduced productivity and increased turnover," says Trevor Larson, Co-Founder and CEO of Nectar.
  • Continues Larson, "Our partnership with BAN will accelerate our mission to close this recognition gap by equipping more employers with the tools to offer timely, meaningful, and frequent recognition.
  • We look forward to being a part of the Benefit Advisors Network organization as a long-term partner."
  • Nectar is an award-winning solution that enables companies to build a culture of connection and appreciation through a centralized approach to social recognition and rewards.

CipherHealth Puts New Focus on Curbing Burnout and Improving Mental Health Among Exhausted Healthcare Workers

Retrieved on: 
Monday, March 15, 2021

The psychological toll of the COVID-19 pandemic for frontline healthcare workers is staggering.

Key Points: 
  • The psychological toll of the COVID-19 pandemic for frontline healthcare workers is staggering.
  • According to a Yale University Study , 23% of healthcare workers during the pandemic reported post-traumatic stress disorder, 14% had probable major depression, and 15% had generalized anxiety disorder.
  • They are exhausted, overwhelmed, and scarred from a year-long marathon battling the worst pandemic in a century.
  • Healthcare systems with a dedicated focus on their staff help improve job satisfaction and retention, reducing turnover costs, helping recruitment efforts, and improving patient outcomes.

Standard Chartered Research Finds Continued Confidence in Growth Outside Home Markets Amongst European and US Companies

Retrieved on: 
Thursday, March 11, 2021

Since the first study six months ago, respondents have indicated increased business confidence in growth across borders, where 42% (up from 37%) of companies see the best growth opportunities outside of their home markets.

Key Points: 
  • Since the first study six months ago, respondents have indicated increased business confidence in growth across borders, where 42% (up from 37%) of companies see the best growth opportunities outside of their home markets.
  • Asia remains a major growth region (with over 85% operating and implementing in Asia or considering it for business activities).
  • Africa and the Middle East also saw marginal increase (up 4%) as potential growth markets over the next six to twelve months.
  • 50% of respondents represented companies with a turnover of $500m - $1bn; the remaining 50% represented companies with a turnover exceeding $1bn.

Apple American Group, the Largest Applebee's Neighborhood Grill & Bar Franchisee in the U.S., Turns to Landed App to Streamline Hiring Amid Strong Growth

Retrieved on: 
Tuesday, March 9, 2021

SAN FRANCISCO, March 9, 2021 /PRNewswire/ -- Landed , which provides the first mobile app connecting hourly food and retail workers with local employers, announced today that Apple American Group, the largest Applebee's Neighborhood Grill & Bar franchisee in the U.S., has turned to Landed to streamline and accelerate hiring amid strong growth as locations reopen.

Key Points: 
  • SAN FRANCISCO, March 9, 2021 /PRNewswire/ -- Landed , which provides the first mobile app connecting hourly food and retail workers with local employers, announced today that Apple American Group, the largest Applebee's Neighborhood Grill & Bar franchisee in the U.S., has turned to Landed to streamline and accelerate hiring amid strong growth as locations reopen.
  • Restaurant industry turnover is very high - typically 130 percent - meaning that General Managers (GMs) need to be constantly recruiting for all roles.
  • Apple American GMs were spending more than a dozen hours per week on this task.
  • We're thrilled to be working with Apple American to streamline and improve hiring in order to support the company's growth."

COVID-19 Layoffs Hit Hospitality Industry Employees Hardest, According to Gecko Hospitality Industry Salary Survey

Retrieved on: 
Thursday, March 4, 2021

FORT MYERS, Fla., March 4, 2021 /PRNewswire-PRWeb/ -- Gecko Hospitality, North America's premiere recruiting firm that connects top talent and companies within the hospitality and restaurant industries, released its fifth annual Hospitality Management Salary Survey Report for 2019-2020.

Key Points: 
  • FORT MYERS, Fla., March 4, 2021 /PRNewswire-PRWeb/ -- Gecko Hospitality, North America's premiere recruiting firm that connects top talent and companies within the hospitality and restaurant industries, released its fifth annual Hospitality Management Salary Survey Report for 2019-2020.
  • "This past year was like no other," said Robert Krzak, President, Gecko Hospitality.
  • Survey results include key industry insights on gender, geographic location, turnover, and salary bonuses and increases.
  • Of those who received bonuses, men averaged $9,521 (sixteen percent of salary) compared to women, who averaged $6,580 (twelve percent of salary).

Artmarket.com: the Artprice100© index is continuing to grow... +405% since 2000

Retrieved on: 
Tuesday, March 2, 2021

And yet the price of the Art Market's top one hundred artists (by auction turnover) continued to climb, taking its total growth since 2000 to +405%.

Key Points: 
  • And yet the price of the Art Market's top one hundred artists (by auction turnover) continued to climb, taking its total growth since 2000 to +405%.
  • The positive performance of the Artprice100 in 2020, although modest, is extremely reassuring.
  • While the construction of the Artprice100 is inspired by that of the S&P 500, the two indices nevertheless remain profoundly different and should be compared with caution.
  • The Artprice100 is designed as a portfolio of artworks representing the one hundred most important artists on the art market (see the composition below).

Artmarket.com: the Artprice100© index is continuing to grow... +405% since 2000

Retrieved on: 
Tuesday, March 2, 2021

And yet the price of the Art Market's top one hundred artists (by auction turnover) continued to climb, taking its total growth since 2000 to +405%.

Key Points: 
  • And yet the price of the Art Market's top one hundred artists (by auction turnover) continued to climb, taking its total growth since 2000 to +405%.
  • The positive performance of the Artprice100 in 2020, although modest, is extremely reassuring.
  • While the construction of the Artprice100 is inspired by that of the S&P 500, the two indices nevertheless remain profoundly different and should be compared with caution.
  • The Artprice100 is designed as a portfolio of artworks representing the one hundred most important artists on the art market (see the composition below).

Talent Acquisition Software Implementation Can Reduce Turnover by Up to 60 Percent

Retrieved on: 
Friday, January 29, 2021

According to a recent report from Nucleus Research , organizations can reduce average employee turnover by 30 to 60 percent in industries with high turnover such as retail, and 20 percent among organizations with salaried workers.

Key Points: 
  • According to a recent report from Nucleus Research , organizations can reduce average employee turnover by 30 to 60 percent in industries with high turnover such as retail, and 20 percent among organizations with salaried workers.
  • On average, organizations spend more than 30 percent of an employees salary per turnover based on the position.
  • Turnover also presents a domino effect that leads to costs associated with vacant positions.
  • Leveraging automated onboarding capabilities allows organizations to reduce the average time onboarding by more than 60 percent and yield new employee productivity gains of 3 to 11 percent.

Seasoned Launches Next-Generation Restaurant Hiring Tools in Dallas

Retrieved on: 
Thursday, January 21, 2021

DALLAS, Jan. 21, 2021 /PRNewswire/ --Seasoned, the leading hiring platform in the Dallas-Fort Worth area, launched across the region today.

Key Points: 
  • DALLAS, Jan. 21, 2021 /PRNewswire/ --Seasoned, the leading hiring platform in the Dallas-Fort Worth area, launched across the region today.
  • "Our goal at Seasoned is to make life easier for people across the restaurant industry - owners, operators, and employees," said Ware Sykes, Seasoned's CEO.
  • Hiring remains the number one challenge to sustaining that growth, and with restaurants experiencing 100% employee turnover, there is an undeniable and growing need for tools like Seasoned.
  • Ultimately, Seasoned estimates that more than two-thirds of the 320,000 restaurant job-seekers in Dallas will pass through the platform.

ROCTOOL: High increase in turnover for S2: + 54 %

Retrieved on: 
Thursday, January 14, 2021

Licenses and royalties total 0.3 million , or -69% vs. 2019.

Key Points: 
  • Licenses and royalties total 0.3 million , or -69% vs. 2019.
  • As a reminder, 2019 included the renewal of a major license agreement signed with a long-standing customer of the company.
  • The medical sector confirms its potential by reaching 7% of turnover (vs 2% in 2019).
  • The consolidated results which will be published in March, despite a slightly lower turnover compared to 2019, should show a significant reduction in Roctool's losses in 2020.