Remove Compensation Remove Hospitality Remove Recruitment
article thumbnail

Director of People and Culture Job Description and Salary

AIHR

The Director of People and Culture leads various HR functions and responsibilities in large companies and corporations: recruitment and talent acquisition , compensation and benefits, training and development, performance management, and employee relations. The role is more administrative in nature.

article thumbnail

10+ Employee Retention Strategies for 2023 to Keep Your Top Talent

AIHR

Cost savings – replacing an employee can cost between one-third to double their annual salary when you account for recruitment, hiring and training, which can quickly become expensive. Start in the attraction and hiring phase Employee retention begins during the attraction and recruitment stages.

Retention 109
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What Is a Good Retention Rate and How Do You Achieve and Maintain It?

15Five

Retention rate measures the number of people employed during a specific time period and helps businesses with workforce planning, recruitment, project planning, and understanding potential labor shortages. What is employee retention rate? Employee retention rate indicates how well a company is doing at retaining employees.

article thumbnail

21 Types of Employment: Your Hire-To-Retire Guide

AIHR

Salary format: Usually fixed or hourly, but can also include bonuses, commissions, or other forms of compensation. Benefits: Limited benefits that usually include compensation insurance. Commission-based employment This arrangement bases a worker’s compensation primarily on the sales or revenue they generate.

article thumbnail

Develop Your Talent Acquisition Strategy With 6 Practical Examples

AIHR

A record number of employees voluntarily quit their jobs during the pandemic, particularly in the hospitality, retail, and healthcare sectors. Successful talent acquisition takes a more holistic approach to recruiting, which helps cultivate an engaged workforce, and talent leaders acknowledge this.

article thumbnail

Dysfunctional Turnover & 9 Ways to Fight It

AIHR

This is because there are specific industries where turnover is typically extremely high such as hospitality or retail. This is called dysfunctional because of its negative impact on end profit since you must keep recruiting and training new staff, which is very costly. What is dysfunctional turnover?

article thumbnail

What is a Chief Wellness Officer and How To Become One

AIHR

hospitals) but following the pandemic medium-to-large organizations from all industries are starting to see the value in having someone dedicated to this work. Most CWOs in the US start with a base salary and earn additional compensation in the form of bonuses or commissions. and ensuring the company’s health plan is sufficient.