The DailyPay Blog

Ideas on Improving Employee Engagement and Retention

Employee Retention, Turnover

Healthcare Turnover Rates in 2018

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at the healthcare industry.

 

The turnover rate in the healthcare industry has risen nearly 5% — across all jobs in the[...]

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Employee Retention, Turnover

Turnover And Retention Rates For Hotels And The Hospitality Industry

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at employee turnover rates for hotels.

 

Hotels and motels may spend millions of dollars improving the customer[...]

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Employee Retention, Turnover

Turnover And Retention Rates for Millennials In The WorkPlace

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee turnover rates. In this article, we take a closer look at generational retention rates, and how the millennial generation fulfills and defies their job hopper stereotype.

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Employee Retention, Turnover

Turnover And Retention Rates for QSR Businesses

In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at the restaurant industry, which has a notoriously high turnover rate and low retention rate.

 

Fast food restaurants,[...]

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what employees want, turnover rate, financial wellness, employee loyalty, how to help employees, reduce turnover, Turnover, reducing turnover rate, Employee Retention, Recruiting, new benefits, employee benefits

Competitive Benefits for a Competitive Job Market

To quote The Atlantic, “we are living in an Age of Peak Perk.”

 

If you want to attract top-tier talent and hold onto them, then offering competitive benefits that support overall happiness and well-being is an absolute must. Happy workers make for more successful companies. According to research, happy employees[...]

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Recruiting, Employee Retention

Better Employee Recruiting With An Employee Value Proposition

The term “war for talent” was coined by McKinsey’s Steven Hankin in 1997 and popularized by a book of the same name in 2001. It refers to the rise of ever fiercer competition to recruit and retain employees when too few workers are available.

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Employee Retention, Turnover

What Is Employee Retention and What Factors Contribute to It?

Employee turnover and employee attrition cost your business money. Employee retention is how you combat turnover.

Employee retention is an organization’s ability to keep its employees. Employee retention is usually represented as a percentage. For example, an annual retention rate of 80% indicates an organization[...]

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what employees want, wage growth, turnover rate, financial wellness, employee loyalty, how to help employees, reduce turnover, Turnover, reducing turnover rate, Employee Retention

Getting to the Root of Employee Retention

Hiring people is hard work, and it’s getting harder. The unemployment rate is extremely low (4.1%) and going down.

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employee attrition, Employee Engagement, Employee Retention, Payroll

Comparing Weekly and Bi-Weekly Pay for Employees and Employers

Payroll schedules need to toe the line between appeasing employees and doing what’s right for your company’s bottom line.

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employee attrition, Employee Retention, high turnover, reducing turnover rate

Four Industries That Have High Turnover Rates, and What To Do About It

Depending on what you read, or who you speak to, a healthy employee turnover rate is somewhere between 10 and 15 percent.

 

In some industries though, a 'healthy' employee turnover rate is never obtainable. In fact, sometimes turnover has to do with conditions beyond an employer's control - certain industries are[...]

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Employees stay longer with DailyPay

DailyPay enables your employees to access their pay before payday, empowering them to meet their financial goals. Employees that find financial security at your company stay longer, reducing your turnover and improving bottom line profits.

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