Turnover

New Report Finds "Good Jobs" Strategies Improved Profitability and Growth for Manufacturing Firms

Retrieved on: 
Wednesday, December 18, 2019
Human resource management, Industrial and organizational psychology, Workplace, Turnover, Academic disciplines, Humans, Articles

The goal was to improve business success and enhance job quality at the firms it worked within the Chicago region.

Key Points: 
  • The goal was to improve business success and enhance job quality at the firms it worked within the Chicago region.
  • Twenty-two manufacturers participated in the initiative and saw increased sales, cost savings, higher wages, and lower turnover that they attributed to their work with IMEC.
  • Key findings include:
    55% of participating businesses reported increases in sales, compared to 37% of non-Genesis companies that IMEC worked with.
  • The report details the substantial organizational change and staff development IMEC underwent to successfully adopt this approach to working with businesses.

Connectors May Help Reduce Employee Turnover, According to Gies College of Business Study

Retrieved on: 
Wednesday, December 18, 2019
Human resource management, Industrial and organizational psychology, Workplace, Employment, Work, Human activities, Turnover, Employee relations

They're outgoing, positiveandseem to make everyone around them better.Researchers call them "connectors," and a new study suggests they can help improve the work experience and ultimately reduce turnover when strategically hired and placed in certain group settings.

Key Points: 
  • They're outgoing, positiveandseem to make everyone around them better.Researchers call them "connectors," and a new study suggests they can help improve the work experience and ultimately reduce turnover when strategically hired and placed in certain group settings.
  • In their paper "Deploying 'connectors': A control to manage employee turnover intentions?"
  • "This study provides some pretty convincing evidence thatconnectors can improve employee performance and reduce their desire to leave for another organization."
  • These connectors can set the tone for effective collaboration and ultimately help organizations retain their best employees."

Retention More Critical than Recruitment, Say Healthcare HR Executives in Workforce Institute Survey

Retrieved on: 
Monday, December 16, 2019
Data management, Practice Management, Technology, Professional services, Health, General Health, Software, Hospitals, Mobile, Wireless, Human resources, Hardware, Human resource management, Industrial and organizational psychology, Turnover, Workplace, Academic disciplines, Humans, Articles

Job satisfaction among nurses and hospital IT staff is stable, but HR says monitoring employee turnover and retention remains essential.

Key Points: 
  • Job satisfaction among nurses and hospital IT staff is stable, but HR says monitoring employee turnover and retention remains essential.
  • Nine out of 10 HR executives (91%) agree that retention is most important and 7 in 10 hospital IT staff (71%) are satisfied by HRs efforts to retain top performers within their department.
  • HCM technologies can impact the future of work in healthcare, but only 1 in 5 HR executives are very satisfied with their current system.
  • Subscribe to follow The Workforce Institute at Kronos for additional insight, research, blogs, and podcasts on how organizations can manage todays modern workforce to drive engagement and performance.

As the Holiday Shopping Season Approaches, Korn Ferry Survey of Top US Retailers Examines Employee Turnover

Retrieved on: 
Monday, November 25, 2019
Consulting, Other Retail, Retail, Professional services, Human resources, Human resource management, Industrial and organizational psychology, Turnover, Workplace, Retail, Human activities, Academic disciplines, Human behavior, the Survey, Korn Ferry

In advance of the holiday shopping season kick-off, a new Korn Ferry (NYSE:KFY) survey of top retailers is revealing insights into employee turnover.

Key Points: 
  • In advance of the holiday shopping season kick-off, a new Korn Ferry (NYSE:KFY) survey of top retailers is revealing insights into employee turnover.
  • The survey finds that of all retail positions, part-time hourly store employees have the highest turnover rate, with 76 percent average turnover in 2019.
  • Less than a quarter (24 percent) of respondents say theyve seen an increase in employee turnover since the beginning of 2019.
  • While it is decreasing, employee turnover is still a very real issue for retailers, said Rowley.

$1.1MM Investment in Frontline Employee Benefit to Unlock the Potential of American Workers

Retrieved on: 
Thursday, November 21, 2019
Workplace, Human resource management, Work, Human activities, Industrial and organizational psychology, Human behavior, Employee relations, Organizational behavior, Employee engagement, Employee benefits, Turnover

The service is proven to improve economic security and mobility for employees and benefit businesses with reduced employee turnover and improved employee satisfaction and engagement.

Key Points: 
  • The service is proven to improve economic security and mobility for employees and benefit businesses with reduced employee turnover and improved employee satisfaction and engagement.
  • WorkLife Partnership aims to expand access to their employee support benefit to 1 million workers by 2025.
  • WorkLife Partnership builds economic stability and opportunity by offering employers the first employee benefit for the needs of frontline workers .
  • By providing employees with WorkLife Partnership's unmatched level of support, businesses also benefit through talent retention, employee engagement, and productivity.

The Chicago Tribune Names Clarity Insights A Winner Of The Chicago Top Workplaces 2019 Award

Retrieved on: 
Tuesday, November 19, 2019
Human resource management, Articles, Business, Economy, Chief human resources officer, Recognition, Turnover

CHICAGO, Nov. 19, 2019 /PRNewswire/ --Clarity Insights has been awarded a Top Workplaces 2019 honor by The Chicago Tribune.

Key Points: 
  • CHICAGO, Nov. 19, 2019 /PRNewswire/ --Clarity Insights has been awarded a Top Workplaces 2019 honor by The Chicago Tribune.
  • "The Top Workplaces award is about much more than recognition and celebration," said Eric Rubino, CEO of Energage.
  • "Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels.
  • "Our recognition by the Chicago Tribune as one of their Top Workplaces 2019 is a testament to the culture that our employees help build every day," said Lakshmi Parmeswaran, Chief Talent Officer at Clarity Insights.

AKWEL: 9 MONTHS TURNOVER INCREASES +3.3%

Retrieved on: 
Friday, November 15, 2019
Human resource management, Industrial and organizational psychology, Turnover, Workplace, Academic disciplines, Humans, Articles

In the first nine months of 2019, Akwel recorded turnover up +4.3% when comparing like-for-like figures.

Key Points: 
  • In the first nine months of 2019, Akwel recorded turnover up +4.3% when comparing like-for-like figures.
  • This performance was achieved against the backdrop of a global automotive industry in which conditions are still difficult, with a drop in product volumes of around -7%.
  • Over the nine-month period, the the turnover by production zone breaks down as follows:
    Europe (excluding France) and Africa: 250.8m (+6.2%)
    The groups Chinese factories are continuing to grow, with a rise of +33.5% over the nine months.
  • AKWEL can confirm all of the targets announced for the 2019 and 2020 financial years: growth in turnover, growth in operating profit and a return to a positive free cash flow in 2019, with a turnover of around 1.2 billion in 2020.

The Salt Lake Tribune Names Earnest A Winner Of The Utah Top Workplaces 2019 Award

Retrieved on: 
Tuesday, November 12, 2019
Human resource management, Industrial and organizational psychology, Workplace, Turnover, Work, Human activities, Employment, Employee relations

SALT LAKE CITY, Nov. 12, 2019 /PRNewswire/ --Earnest has been awarded a Top Workplaces 2019 honor by The Salt Lake Tribune.

Key Points: 
  • SALT LAKE CITY, Nov. 12, 2019 /PRNewswire/ --Earnest has been awarded a Top Workplaces 2019 honor by The Salt Lake Tribune.
  • The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.
  • "The Top Workplaces award is about much more than recognition and celebration," said Eric Rubino, CEO of Energage.
  • "Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels.

The Salt Lake Tribune Names LendingClub Number One Of The Utah Top Workplaces 2019 Award

Retrieved on: 
Monday, November 11, 2019
LendingClub, Human resource management, Turnover, Human activities, Human behavior, Academic disciplines

SAN FRANCISCO, Nov. 11, 2019 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, has been named the number one top workplace for mid-sized companies by The Salt Lake Tribune.

Key Points: 
  • SAN FRANCISCO, Nov. 11, 2019 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, has been named the number one top workplace for mid-sized companies by The Salt Lake Tribune.
  • "The Top Workplaces award is about much more than recognition and celebration," said Eric Rubino, CEO of Energage.
  • "Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels."
  • LendingClub opened its doors in Lehi, UT in January 2019 and has rapidly grown to fill the new office with over 500 people.

Chicago Tribune Names Flexera a Winner of the Chicago Top Workplaces 2019 Award

Retrieved on: 
Friday, November 8, 2019
Human resource management, Industrial and organizational psychology, Workplace, Human behavior, Work, Human activities, Flexera, Employee relations, Organizational behavior, Turnover, Employee engagement, Recognition

ITASCA, Ill., Nov. 08, 2019 (GLOBE NEWSWIRE) -- Flexera, the company that helps organizations realize technologys power to accelerate their business, has been awarded a Top Workplaces 2019 honor by the Chicago Tribune for the eighth consecutive year.

Key Points: 
  • ITASCA, Ill., Nov. 08, 2019 (GLOBE NEWSWIRE) -- Flexera, the company that helps organizations realize technologys power to accelerate their business, has been awarded a Top Workplaces 2019 honor by the Chicago Tribune for the eighth consecutive year.
  • The Top Workplaces award is about much more than recognition and celebration, said Eric Rubino, CEO of Energage.
  • Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels.
  • Flexera helps executives succeed at what once seemed impossible: getting clarity into, and full control of, their companys technology black hole.