3 Ways to Help Improve Employee Recruiting & Retention in Senior Living

February 3, 2017

Perhaps the biggest challenge that senior living providers face today is a shortage of qualified staff. That is important because numerous studies say the leading indicator for quality of care in senior living is a stable, well-trained workforce. This will become even more difficult due to our rapidly aging population and the sheer number of seniors that will require services. Adding to these challenges, senior living jobs are typically associated with high stress and low pay resulting in high turnover. Because of these factors and in order to provide high-quality care, senior living providers will need to improve employee training, compensation, and communication to create a well-prepared, high-quality workforce.

Spotlight

KnowledgeBank, Inc.

KnowledgeBank, Inc. is a management consulting company that provides human capital management, organizational effectiveness and learning solutions. We work with leaders in the government, commercial and nonprofit sectors, transforming the way organizations design, acquire, manage and deliver human capital services. Through an unyielding commitment to quality, service and integrity, we enable our clients to turn key business strategies into operational realities.

OTHER WHITEPAPERS
news image

HOW THE GOVERNANCE OF HUMAN CAPITAL AND TALENT IS SHIFTING

whitePaper | February 16, 2020

The focus on human capital and talent in corporate governance is intensifying, as more stakeholders led by large institutional investors seek to understand how companies are integrating human capital considerations into the overarching strategy to create long-term value. After all, a company’s intangible assets, which include human capital and culture, are now estimated to comprise a significant portion of a company’s market value. At the same time, there is an ongoing cultural shift brought about by new generations of workers, digitization, automation and other megatrends related to the future of work. In this new era, it is critical for management teams and boards to keep pace with this transformation and consider redefining long-term value and corporate purpose. Creating value for multiple stakeholders, including employees, will ultimately help build and sustain shareholder value over the long term.

Read More
news image

Empowering humanity and enterprise digitalcolleague

whitePaper | December 17, 2021

The needs of the modern enterprise are no longer built on labor arbitrage but on creative innovation. In the last 40 years, the contributions of digital technology in enabling this innovation has proven prodigious. Today, we stand at a new threshold, with a confluence of transformative tools of our own making, such as block chain, machine learning, neural networking, and artificial intelligence, just to name a few. When combined they possess the potential to offer us the ability to create a new kind of workforce, a digital workforce, one that can work alongside humans to help them make the best, data-driven decisions and enhance productivity.

Read More
news image

Rethinking Connection for a Hybrid Work World

whitePaper | February 3, 2023

Sure, we’re experts in performance, people analytics, learning, and D&I—and we’re well-versed in the technologies that support them. But we’re also truth-seekers and storytellers in an industry often short on substance, and too full of @#$%. Our mission (indeed, our very reason for existing) is to cut through the noise and amplify what’s good. We look for the connections (or red threads) between people, data, and ideas—even among seemingly unrelated concepts. The result is highquality, unbiased, transformative foresight that helps you build a stronger business.

Read More
news image

7 Tips to Evaluate HR Technology for 2023

whitePaper | March 28, 2023

In a historically tight labor market, your growing enterprise needs every advantage possible to attract and retain top talent. The self-service revolution has redefined the consumer experience, and the modern employee is well acquainted with the convenience and access it provides. Relying on a paper-based or otherwise cumbersome HR system not only frustrates your employees — it pulls the velocity of your business to a crawl. Likewise, the efficiency and accuracy you gain by putting the power of HR data in your employees’ hands is exponential.

Read More
news image

The Reinvention of HR: Managing HCM Trends and the Evolving Workforce

whitePaper | October 20, 2022

This is the first time in history that there are five generations at work together, and the business implications of such a diverse workforce working side by side cannot be overestimated. Recently, 60 percent of CEOs surveyed by PricewaterhouseCoopers indicated that the multigenerational workforce will in fact “transform” business in the near future.1 For businesses prepared to manage an increasingly diverse workforce, this transformation can be productive — and profitable. As workforce demographics shift and your employee makeup becomes more varied and complex, a long-term human capital management (HCM) plan as part of your workforce management strategy is more essential than ever.

Read More
news image

Building Internal Talent Mobility: The New Business Imperative

whitePaper | February 27, 2023

The fast-paced and continuous transformation of the work landscape, driven by frequent technological advances, heightened demographic shifts and increased market competitiveness, a structural change in operating model for companies, and, more recently, a fall-out from a worldwide pandemic, are impacting how companies look for talent.

Read More

Spotlight

KnowledgeBank, Inc.

KnowledgeBank, Inc. is a management consulting company that provides human capital management, organizational effectiveness and learning solutions. We work with leaders in the government, commercial and nonprofit sectors, transforming the way organizations design, acquire, manage and deliver human capital services. Through an unyielding commitment to quality, service and integrity, we enable our clients to turn key business strategies into operational realities.

Events