article thumbnail

Minimizing Employee Turnover: The Importance of a Strong Talent Retention Plan

Transformify - Recruiting

Keeping Track of Employee Retention: Why it Matters Maintaining low employee turnover rates can bring numerous advantages to your business. Investing in employee retention strategies can help reduce operational costs, as six in 10 employers reported that low turnover rates decrease costs. turnover rate.

article thumbnail

Employee Retention Statistics: Why Businesses Need to Pay Attention in 2023

Recruiting Blogs

If you’re a recruiter or a human resources manager, you need access to the latest employee retention statistics. Armed with this and other employee retention statistics we’ll cover in this article, you can create an array of employee retention strategies. On a federal level, the quit rate for 2019 was 28%. Still, 25.2%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Reduce Barriers to Employment for Qualified Candidates

The Staffing Stream

Transportation challenges. While potential applicants might be interested in a position, some candidates may not apply if they feel like the transportation inconveniences are not worth the cost. Many employers are learning to upskill within their own organizations, leading to excellent employee retention. Degree requirements.

article thumbnail

7 Reasons Why Dallas is a Top Destination for Job Seekers and Employers

Acara Solutions

Between 2010 and 2019, Texas attracted more relocating businesses than any other state —and many of them landed in larger metropolitan areas like Dallas. Strategic Location: Dallas is centrally located within the United States, making it a hub for transportation and logistics.

article thumbnail

By the Numbers: July 5, 2019

BountyJobs

Transportation & Logistics Fastest-Growing Industry. Transportation & Logistics fastest-growing industry in spite of job growth slowdown. Retention is also a top challenge with almost half of HR leaders. from May 2018 to May 2019 which could suggest that there are more job openings in AI than workers to fill them.

article thumbnail

Frontline Worker Trends in 2023

Broadleaf

Types of frontline workers include health care, education, child care, food and goods, transportation, and utilities. Between January 2019 and December 2021, 40 percent of direct care workers transitioned to another occupation. An overwhelming majority hold hourly positions and are subject to shift work.

Trends 87
article thumbnail

How Employers Can Spot & Prevent Job Burnout

ClearCompany Recruiting

Their surveys also showed a 38% increase compared to the 2019 figures regarding cognitive weariness, emotional exhaustion, and physical fatigue. HR professionals should prioritize employee engagement and retention by acknowledging that tackling burnout challenges is key to a healthy workforce.

Exercises 328