#staffretention
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Keeping Your Hourly Workforce: Understanding Their Needs for Better Retention
High turnover among hourly workers presents a persistent challenge for many organizations. The costs associated with constant recruitment, onboarding, and training can significantly impact the bottom line. Understanding what truly matters to this vital segment of the workforce is crucial for developing effective retention strategies. Rang Technologies, a workforce management solutions provider, offers insights into the key elements that drive hourly worker satisfaction and contribute to longer tenures.
1. Equitable and Competitive Compensation: While it may seem fundamental, offering fair and competitive wages remains a primary concern for hourly employees. Providing compensation that aligns with or surpasses prevailing market rates in their industry and location is essential for both attracting and retaining qualified individuals. Rang Technologies Inc. assists businesses in conducting thorough market analysis to ensure their pay structures are competitive and appealing. This is especially pertinent for companies hiring near me, as local competition for talent can be fierce.
2. Consistent and Adaptable Scheduling: The ability to plan their lives outside of work is a major factor for hourly workers. Unpredictable or fluctuating schedules can create significant difficulties in managing personal obligations and maintaining a healthy work-life balance. Offering consistent schedules and incorporating flexibility whenever feasible demonstrates consideration for employees’ personal circumstances and boosts job satisfaction. Rang Technologies provides workforce management tools that streamline scheduling processes and facilitate communication regarding shift preferences and availability.
3. Pathways for Professional Growth: Hourly workers, just like salaried employees, seek opportunities for advancement and skill enhancement. Providing access to training programs, mentorship initiatives, and clearly defined career progression paths can significantly improve retention rates. Rang Technologies, as a talent company, recognizes the value of investing in employee development and offers consulting services to help businesses design and implement effective learning and growth opportunities.
4. A Respectful and Supportive Workplace Culture: A positive and inclusive work environment where employees feel valued, respected, and heard is paramount. This includes fostering open communication channels, ensuring fair and equitable treatment for all, and providing regular recognition for contributions. Rang Technologies, operating as a recruitment agency and employment agency near me, connects businesses with candidates who prioritize a positive and supportive work culture.
5. Meaningful Benefits and Perks: While competitive wages are a key factor, offering a comprehensive benefits package can significantly enhance a company’s appeal to hourly workers. Benefits such as health insurance, paid time off, retirement savings plans, and other perks can contribute to a stronger sense of security and loyalty. This is particularly relevant in a competitive hiring landscape where companies hiring are seeking ways to attract and retain the best talent. Rang Technologies helps companies with their hiring agency needs and finding talent. For recruiting firms, this is a very important factor. Rang Technologies can also provide consultancy company and consulting services to help your business optimize its strategies.
By prioritizing these key elements, organizations can cultivate a more attractive and supportive work environment for their hourly workforce, leading to improved retention, reduced turnover costs, and a more stable and productive team. Rang Technologies, with its expertise in workforce management strategies, assists businesses in developing and implementing effective solutions to attract, retain, and empower their hourly employees.
#HourlyWorkforce#EmployeeRetention#WorkforceManagement#EmployeeSatisfaction#RetentionStrategies#HourlyEmployees#WorkplaceCulture#EmployeeEngagement#StaffRetention#LaborForce
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Small Business Challenges in 2019 | Neil Haboush
#mismanagement#overratingthebusiness#staffretention#inconsistentcashflow#scalingupthebusiness#smallbusinesschallenges#2019smallbusinesschallenges#2019businesschallenges#neilhaboush#montreal
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This Is what we do. #employeeexperience #employeevoice #staffretention #employeevalueproposition #hrdirector #hrbusinesspartner #facilitation #challengingconversations #companyvalues #workplacewellbeing #inclusivebusiness https://www.instagram.com/p/ChjkGtbDrb-/?igshid=NGJjMDIxMWI=
#employeeexperience#employeevoice#staffretention#employeevalueproposition#hrdirector#hrbusinesspartner#facilitation#challengingconversations#companyvalues#workplacewellbeing#inclusivebusiness
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Benefits of Payroll Outsourcing Services
Here we have explained some of the business benefits achieved by outsourcing payroll processing –
[1] Assistance to startups
[2] Staff retention by outsourcing key tasks
[3] Saves time
Our expertise in payroll outsourcing services ensures that we can handle any unique compliance or regulatory challenges your business may have.
#payroll#payrollservices#outsourcing#savetime#startups#staffretention#compliance#payrollprofessionals
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Workplace mental health support . These guys are leaders . Well done Barwon Water #mentalhealthawareness #mentalhealth #workplace #connectiveness #hope #support#workcare#staffretention
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Wanna know why staff are quitting? Look at what they're saying on social media https://t.co/d09l5B6ECU #HR #talentmanagement #staffretention #HumanResources https://t.co/0cOgYqM2dA
— Dennis Patel (@ITMob) Oct 24, 2022
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7 Powerful Strategies for Employee Retention in 2022
According to recent data from Statista, #employeeretention was a serious issue in 2017 and only got worse in 2018. By 2022, it’s expected that we will lose more than 50% of our #workforce. Thankfully, there are many strategies that can help you reduce turnover and keep your staff happy.
If you want your company to succeed in 2022, it’s crucial that you improve #employeeretentionrates.
No matter what industry you’re in, there are certain challenges your business will inevitably face, no matter how big or small it is. One such challenge facing many businesses today is employee retention—the process of retaining existing employees who would otherwise leave their jobs for other opportunities. Facing a constant talent war and rising turnover rates can cost businesses up to 25% of their annual revenue. The good news? There are ways to reduce these costs by reducing employee turnover rates. #Staffretention is an issue all organizations struggle with. While it might be nice to think employees are loyal and don’t jump ship every time they’re offered a better opportunity, that just isn’t reality.
To do so, implement these seven strategies for retaining top talent in today’s business environment:
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Federal coronavirus loans helped Colorado’s rural hospitals stay afloat
#staffretention🚑 🎨 📊
get headlines https://thecherrycreeknews.com
By Patty Nieberg, The Associated Press/Report for America
More than a dozen rural Colorado hospitals and primary care facilities applied for federal loans designed to keep staff employed during the coronavirus pandemic, federal data show.
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The loan approvals came as rural hospitals across the country struggle with dwindling income, higher costs and staff retention, a plight exacerbated by the pandemic, according to the Colorado Hospital Association.
The federal Paycheck Protection Program helps smaller businesses stay open and keep Americans employed amid the coronavirus pandemic. Under the program, the government is backing $659 billion in low-interest business loans that will be forgiven if employers use the money on payroll, rent and similar expenses. Companies typically must have fewer than 500 workers to qualify.
About $130 billion was unclaimed as the application deadline closed June 30. With money still available, Congress voted to extend the program to Aug. 8.
Many of Colorado’s rural hospitals are the community’s top employer and the only provider for hundreds of miles, said Cara Welch, director of communications at the Colorado Hospital Association, which represents 43 rural hospitals in the state.
From the onset of the pandemic, the hospitals were focused on maintaining appropriate supply, staff and space in order to respond effectively to the virus in their communities, Welch said. As the crisis worsened, they began to see more expenses and less revenue from non-emergency and elective procedures which were suspended by an executive order from Gov. Jared Polis in March.
Although rural hospitals were exempt from the order, many opted to preserve their personal protective equipment and prepare for a potential outbreak.
“Many of them were operating at a very thin margin, if not possibly a negative margin,” entering the pandemic, Welch said. Other health systems have larger resources or investment portfolios, she said.
MORE: The view from a hospital on Colorado’s Eastern Plains as it works to avoid being overrun by coronavirus
The CHA is projecting $3-4 billion in revenue losses and increased expenses.
One hospital that received a federal Paycheck Protection Program loan is Kit Carson County Health Service District in Burlington. It’s a 19-bed critical access hospital which serves a community of a about 7,000 people on the Kansas state line.
Carson, with a 135-person workforce, cut non-essential services during the pandemic. Management furloughed 25 workers and 66 more were put on reduced hours. After the hospital received its PPP loan of between $1 million and $2 million on May 1, it was able to cover the entire workforce for May, June and the first July payroll, district controller Doug Satterly said.
“We’re not up to full capacity yet but we’re slowly getting there,” Satterly said.
About 15% of the U.S. population, or more than 46 million people, lives in rural areas, according to the U.S. Census Bureau. They are more likely than urban dwellers to die from chronic respiratory illnesses, heart disease and other problems that put people more at risk for COVID-19, the illness caused by the virus, according to the U.S. Centers for Disease Control and Prevention.
“We are actually a very critical location because the closest hospitals are in Denver which is about a two-and-a-half-hour drive,” said Duane Wright, Carson’s interim chief nursing officer. “Most of our patients have to be flown out of here in order to get to Denver in a timely manner. We rely on a lot of air and helicopter transport in order to facilitate that.”
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For most people, the coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia, and death.
Rural hospitals and health centers in Rangely, Hugo, Wray, Yuma, Sterling, La Junta, Gunnison, Walsenburg, Kremmling, Estes Park, Lamar, Alamosa and Craig were among those approved for loans between $1 million and $5 million, according to data the federal government released Monday.
The entrance to Lincoln Community Hospital in Hugo. The hospital, which is community owned, opened in 1959. (Provided by Lincoln Community Hospital)
Other organizations, such as the Denver Rescue Mission for the homeless and North Range Behavioral Health in Greeley, also qualified for loans, as did Denver-based Correctional Health Partners, which offers administrative and medical services to jails and the state corrections department.
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The challenge to attract and retain the best talent will always exist. Today, applicants and employees consider many factors before they sign a contract of employment. Remember that employees are your most important investment and asset. Here are five ways to attract and keep your best talent ➡️ http://bit.ly/2Ws68nw. #newpointrecruitment #recruitment #recruitmentfirm #recruitmentagency #recruitmentgoldcoast #goldcoast #recruiting #recruitmentprocess #recruitmentconsultant #recruitmentagencies #recruitmentcompany #goldcoastrecruitment #australiarecruitment #recruitmentau #goldcoastemployment #employmentgoldcoast #recruitmentjob #recruitmentwork #recruitmentmadeeasy #recruitmentindustry #work #job #gethired #employment #recruitmentpartner #attracttalent #retainstaff #staffretention #bestcandidate #bestemployee — view on Instagram https://ift.tt/36Xaoj3
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Neil Haboush | Small Business Challenges in 2019
#mismanagement#overratingthebusiness#staffretention#inconsistentcashflow#scalingupthebusiness#smallbusinesschallenges#2019smallbusinesschallenges#2019businesschallenges#neilhaboush#montreal
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If you’re missing out on quality talent in the market to your competitors, your best option is to engage New Point Recruitment. Contact our office on 1300 558 979 or email us at [email protected]. #newpointrecruitment #recruitment #recruitmentfirm #recruitmentagency #recruitmentgoldcoast #goldcoast #recruiting #recruitmentprocess #recruitmentconsultant #recruitmentagencies #recruitmentcompany #goldcoastrecruitment #australiarecruitment #recruitmentau #goldcoastemployment #employmentgoldcoast #recruitmentjob #recruitmentwork #recruitmentmadeeasy #recruitmentindustry #work #job #gethired #employment #staffretention #leadership #smartleadership #askhelp #professional — view on Instagram https://ift.tt/34DBERU
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