The workforce is a topic at the forefront for most senior living operators as operators determine the best way to balance labor and business priorities without compromising on resident care. Measuring workforce health quantitatively can be challenging, particularly because payroll data can be complex. However, there are a few simple and actionable ways to use payroll data to measure workforce health by using three key performance indicators (KPIs).
KPI 1: New Hire Turnover Within 90 Days
Definition: the number of employees who leave less than 90 days [...]