Calculating turnover is important for developing retention strategies and supporting a strong company culture. To begin calculating turnover in your organization, select a benchmark job to validate internal and external...
Because some ramifications of turnover are more difficult to measure than others, it is advisable to focus on data points that are measurable, indisputable, and relevant to operations in your...
The cultural impact of turnover creates a vicious cycle: as employees begin to see an uptick in voluntary separations, they lose motivation and morale drops. Over time, employees may become...
Unemployment rates are hitting record lows, with more than 10 states currently experiencing the lowest rates they’ve seen since beginning to measure unemployment. According to the U.S. Bureau of Labor...
HRsoft research shows that nearly two-thirds of all employers freeze or cap base pay. While it is becoming a widely practiced way to control costs in a multigenerational workforce, freezing...
The major industry tradeshow for compensation and total rewards professionals, World at Work Total Rewards, is just around the corner! HRsoft will be in attendance again this year, and we...
Check out our most popular articles from last month! Café Classic: The Top 4 Risks in Pay for Performance - Compensation Cafe Using Paper Trails & the Voice of Your...
Building a credible, defensive case for an HR transformation requires an investment of time and effort. Yet, by putting the work in initially, you can craft a compelling case in...
Creating a compelling case for an HR transformation isn’t a simple task, but there are a few tools HR professionals can use to help secure approval. One way is to...
Before HR can create a defensible case for where the organization needs to go in terms of a technology transformation, it must first assess its current status. And, to get...