The Growing Problem of Employee Turnover

The Growing Problem of Employee Turnover

Turnover is a major challenge for business leaders, and with historically low unemployment, it’s only getting worse. The high demand for talent has led to “ghosting” from candidates who accept a job and then never show up after they get a better offer somewhere else. Employee turnover is time-consuming and expensive, but you may have a secret weapon: benefits. Learn how the right mix of benefits can improve turnover by up to 138%.

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HR Center of Excellence: Benefits Video

HR Center of Excellence: Benefits Video

The HR COE is a resource for HR and finance leaders who want to make a difference in their organizations. For 30 years, Paycor has been on the forefront of HR, and our mission has never changed: we want to do everything we can to help our customers solve problems and grow. To accomplish that mission, we provide best-in-class human capital management software, but that’s table stakes, as they say. We also provide expertise in the form of legendary customer support and thought leadership, which we define as actionable plans and inspiration to help you achieve your specific goals.Benefits is one of the six pillars of HR excellence. Watch this short video to get a sense of what role benefits plays in your organization. You might be...

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4 Cost Efficient Strategies to Give Your Clients a Competitive Advantage

4 Cost Efficient Strategies to Give Your Clients a Competitive Advantage

In today’s competitive labor market, your clients undoubtedly appreciate any advantage they can get when it comes to attracting top talent and improving retention. At the same time, there’s probably not a lot of latitude in the budget to add incentives. The good news is, we’ve discovered a way to help employee turnover without breaking the bank.Paycor analyzed the data from more than 30,000 clients nationwide and found organizations offering six employee benefit plans (medical, dental, retirement, etc.) saw a 138% improvement in turnover compared to those with no benefit plans. The key is finding the right mix of benefits, focusing on options that appeal to each generation of the workforce. We’ve outlined four cost containment strategies...

The 25 Best HR & Recruiting Blogs

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Interview Scorecards And Scheduling Tools

Interview Scorecards And Scheduling Tools

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