Workable

FEBRUARY 17, 2022

One of Amy’s core objectives going into 2022 is to maintain employee retention and engagement while at the same time tripling the size of the business throughout the year. One of the significant developments of 2021 is, of course, the Great Resignation in the United States. The value of compensation.

ATS 126

ATS Hiring SMB Employer Branding 126

Leoforce

FEBRUARY 25, 2022

In July of 2021 alone , over four million Americans quit their jobs, with a large portion represented by mid-career workers aged 30-45. Have a retention or hiring problem? Look at key metrics including compensation, promotion duration, pay raise increments, and training or growth opportunities provided for employees. .

Recruitment Software 208

Recruitment Software Recruiting Software Compensation Diversity 208

Recruiting Daily Advisor

OCTOBER 14, 2022

Here are four success factors critical to employee recruitment, retention, and fulfillment. Compensation. According to the Pew Research Center, 63% of workers who quit a job in 2021 said low pay was the primary factor for leaving. Linking compensation to individual contributions or team achievements can send a better message.

Compensation 119

Compensation Retention Energy Training 119

Hireology

OCTOBER 7, 2021

As many of you are aware by now, the Biden Administration expanded vaccination requirements to cover all Medicare and Medicaid-certified facilities as of September 9, 2021. While many of the implications of the mandate are positive, there might also be some talent acquisition and retention challenges that arise due to vaccine hesitancy.

Healthcare 148

Healthcare Retention Compensation Industry 148

Workable

SEPTEMBER 5, 2023

We then compared the findings to the data from our original Great Discontent survey in 2021. survey report contains a wealth of data revealing how employee priorities have changed since 2021. Compensation Of course, compensation still stands number-one atop the priority pyramid. What do workers want now? Learn more here.

Compensation 62

Compensation Survey Report Data 62

Recruiting Daily Advisor

JUNE 10, 2022

Across all industries, 4 million people quit their jobs in April 2021 alone, and July of last year saw another 4 million leave, according to the U.S. Source: Gutesa / shutterstock. Having a strong talent-retention plan for such in-demand workers is vital. Bureau of Labor Statistics. In the U.S. More Than Money.

Strategy 98

Strategy Compensation Culture Government 98

Hireology

JULY 15, 2021

However, these positive revelations were balanced with a dose of troubling facts — like employers around the country, especially restaurant owners, have seen a huge hit to retention , and with high turnover rates comes increasingly difficult working conditions for remaining staff members, creating a vicious cycle. from a year earlier.

Report 78

Report Hiring Guidelines Social Media 78

Recruiting Daily Advisor

FEBRUARY 7, 2022

Per the latest Job Openings, Layoffs, and Turnover Survey (JOLTS) release , November 2021 saw a series high of 4.5 Source: designer491 / Shutterstock. Most sources would suggest that the average cost of turnover can range anywhere from 75% to 250% of that employee’s salary.

Financial 104

Financial Insurance Insurance Policies 104

Recruiting Daily Advisor

JUNE 1, 2023

Non-cash incentives are playing an important role in today’s employee attraction and retention strategies. Moving Away From Local Gift Card Sourcing The IRF survey also showed that 74% of corporate respondents sourced their gift cards for non-cash incentives from local retail stores. David Leeds is the CEO of Tango.

Trends 111

Trends Travel Retail Benefits 111

Visier - Talent Acquisition

DECEMBER 13, 2021

From May to July 2021 Visier surveyed its customers to gauge how well they’d advanced their people analytics practice and see what guidance they could provide to organizations newer to people analytics. Better data, wider sources, deeper questions. All surveyed organizations are using data from more sources than they were in 2018.

Strategy 69

Strategy Survey Data Financial 69

Workable

NOVEMBER 18, 2021

While it is typical for younger employees to have a higher rate of job turnover, that has recently shifted to employees aged 30-45 years old with an increase in resignations in this group by over 20% between 2020 and 2021. How to improve employee loyalty and retention. Visibility is the key to future-proofing your business.

Retention 118

Retention Advertising Job Descriptions Workable 118

ExactHire Recruiting

DECEMBER 7, 2020

Those employer pitfalls have really stuck out like a sore thumb this year, as the global pandemic has had a profound impact on employer recruitment and retention success. And, the unemployment rate was at a historic low of 3.5% (Source: Bureau of Labor Statistics). Pandemic Impact – NOW Fast forward to now.

Hiring 156

Hiring Pharmaceuticals Video Nonprofit 156

HIRED

OCTOBER 25, 2021

To help you be more competitive when sourcing top talent, Hired’s 2021 State of Tech Salaries report reveals the three benefits ranked highest by engineers. For example, 76% of tech employees are willing to accept a lower base salary in exchange for other forms of compensation, such as compelling benefits. Related Reading.

Engineering 52

Engineering Survey Benefits Compensation 52

4 Corner Resources Staffing Blog

APRIL 4, 2022

According to Yahoo Finance, in 2021, roughly 48 million people quit their jobs, and resignation rates remained elevated during the first months of 2022. Employee retention comes with a cost, but it pales in comparison to the expense of hiring completely new workers or leaving important positions open. The Case For Keeping Employees .

How To 89

How To Healthcare Retention Comparison 89

Jobvite

MARCH 14, 2023

The Current State of the Manufacturing Labor Market The manufacturing sector has experienced significant growth over the last several years, and for the first time since 2021, shed jobs — just 4,000 — in February. It has put — and kept — candidates in the driver’s seat for job offer negotiations.

Talent Acquisition 97

Talent Acquisition JobVite Chemicals Onboarding 97

Hiretual

JANUARY 25, 2022

EZ Sourcing. AI Sourcing. EZ Sourcing. AI Sourcing. In April of 2021, the job market drifted in a different turn than expected; the Great Resignation shifts the employer-employee dynamic, leading to a talent shortage in the market and making recruiters’ jobs harder than ever. Engagement. Integration. Collaboration.

Talent Acquisition 62

Talent Acquisition eBook Recruiting Trends Candidate Experience 62

Recruiting Daily Advisor

MARCH 17, 2021

Source: Photobuay / iStock / Getty. In addition to President Joseph Biden’s day 1 Executive Order extending the pause on student loan repayments through September 2021, Congress recently extended a tax incentive for employers to help their employees pay down student loan debt. 1] SOURCE: Federal Reserve as of Q4 2020, [link]. [2]

Healthcare 98

Healthcare Benefits Retention Sourcing 98

Recruiting Daily Advisor

NOVEMBER 30, 2020

Source: Rohane Hamilton / Shutterstock. There are three primary programs that were enacted to help employers reduce their payroll tax burden: Employee retention credits under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Paid leave credits under the Families First Coronavirus Response Act (FFCRA), and Payroll tax deferral.

Retention 102

Retention Insurance Insurance Benefits 102

Hiretual

JANUARY 25, 2022

Source on the go with our free chrome extension. In April of 2021, the job market drifted in a different turn than expected; the Great Resignation shifts the employer-employee dynamic, leading to a talent shortage in the market and making recruiters’ jobs harder than ever. Product Features. Find talent with industry-specific filters.

Healthcare 62

Healthcare Enterprise Talent Acquisition Diversity 62

Ongig

FEBRUARY 16, 2024

Source: Photo by Pch.vector on Freepik In this article, we’ll share 9 recruitment trends to watch for in 2024. For example, the 2021 Randstad RiseSmart’s Career Mobility Outlook survey showed that 87% of employers believed that 10% of their open roles could be filled by their current employees.

Trends 59

Trends Job Descriptions Social Media Onboarding 59

Ongig

OCTOBER 25, 2023

The US Bureau of Labor Statistics reported that in 2021, there was a 15.1% When employees with intersecting identities feel valued and supported, they are more likely to be satisfied in their jobs, which increases the company’s productivity and employee retention. Expand your recruitment sources to reach a more diverse candidate pool.

Diversity 52

Diversity Guidelines Job Descriptions Groups 52

Recruiting Daily Advisor

MAY 17, 2021

Source: garagestock / shutterstock. Companies can use reimbursement as a competitive differentiator that shows they’re interested in their employees’ financial health and are hoping to improve employee loyalty and retention. The term “COVID Puppy” or “quarantine dog” became part of the cultural language in 2020 and 2021.

Benefits 129

Benefits Insurance Insurance Retention 129

Recruiting Daily Advisor

OCTOBER 10, 2023

This enables employees to come back refreshed and energized, which increases engagement, retention, and productivity. The same survey found that just 27% of employees use all the vacation they’ve earned, and the average employee had almost 10 unused days remaining at the end of 2021.

Culture 111

Culture Policies Benefits Travel 111

Linkedin Talent Blog

JULY 31, 2022

Not only is internal mobility an effective sourcing strategy, but it’s also an effective retention strategy. Your best retention tactic is to look for folks internally who are ready to popcorn up and look for something different,” Jennifer said. For every employee that we keep, we don’t have to backfill. The result? “It

Talent Acquisition 49

Talent Acquisition Compensation Mobile Retention 49

Linkedin Talent Blog

JULY 31, 2022

Not only is internal mobility an effective sourcing strategy, but it’s also an effective retention strategy. Your best retention tactic is to look for folks internally who are ready to popcorn up and look for something different,” Jennifer said. For every employee that we keep, we don’t have to backfill. The result? “It

Talent Acquisition 49

Talent Acquisition Compensation Mobile Retention 49

Ongig

SEPTEMBER 7, 2021

A diverse workforce means more perspectives and experience, which leads to more source material to draw from during brainstorming, problem-solving, and creating innovative products and services — what employer doesn’t want that? ” source: Fundera. Diversity is the result of a workplace that focuses on equality. Shout-Outs.

Examples 59

Examples Tools Government Diversity 59

Visier - Talent Acquisition

NOVEMBER 16, 2021

60 percent of companies grew their people analytics teams in the year leading up to June 2021, according to research conducted by Insight222. Of course, the right technology is essential to getting data-backed answers–whether they relate to pay equity, employee retention programs, or remote work compensation decisions.

How To 85

How To Data Compensation Groups 85

CareerArc

FEBRUARY 16, 2022

But 2021 had other plans: the rise of COVID variants and the Great Resignation prompted companies to pivot their hiring plans, beef up their benefits packages, and retune their talent acquisition strategies again and again. Your employees are the most trusted source of information about your company, your values, and your reputation.

Talent Acquisition 52

Talent Acquisition Strategy Social Media Media 52

Recruiting Blogs

NOVEMBER 9, 2022

One of the most significant outcomes from the legislation is the potential to standardize compensation, especially for new hires versus longtime employees. However, salary is just one component of total compensation. Jobseekers are still advised to consider benefits and non-salary perks of employment when evaluating a job offer.

Compensation 52

Compensation Advertising Screening Benefits 52

Recruiting Daily Advisor

APRIL 5, 2021

Source: Doucefleur / iStock / Getty Images. 10 Tax Changes to Know in 2021. Form 1099-MISC has been redesigned, and form 1099-NEC for reporting nonemployee compensation has been reintroduced for tax year 2020. When you’re not a tax expert, it can be tough to determine the answer to these critical tax questions on your own.

Small Business 66

Small Business Compensation Insurance Insurance 66

Manatal

MARCH 14, 2021

According to LinkedIn , the most in-demand job as of 2021 is software engineering. You can plan accordingly beforehand on where to source such talents (career pages, job boards, etc.) This 2021, 52% of recruiters decided to divert their priority in finding quality hires. *Taken from International Labour Organization.

System 52

System Trends Hiring Social Media 52

Recruiting Blogs

OCTOBER 31, 2022

Today, AI technology integrates payroll with other HR systems to automate the process of updating individual compensation when their status changes or raises are awarded. These bots can be used in sourcing candidates. AI analytics are making it possible to improve retention by predicting which employees are likely flight risks.

Applicant Tracking Systems 52

Applicant Tracking Systems Survey Job Descriptions Talent Acquisition 52

Hundred5

DECEMBER 7, 2022

These rewards typically include financial compensation, time off, and health insurance, for instance. The aim of an employee value proposition is to help businesses with internal employee motivation and retention. million workers in the US leaving their jobs at the end of 2021 and 65% of employees reconsidering their work-life balance.

Examples 52

Examples Employer Branding Talent Acquisition Sourcing 52

Workable

JANUARY 13, 2022

Moreover, Gartner’s research finds a well-thought-out EVP can reap dividends in the candidate attraction process – when candidates view an EVP as attractive, companies can reduce their compensation premium by half, and reach 50% deeper into the talent market. So take your great EVP and share it online, far and wide. How do you do that?

Employer Branding 127

Employer Branding Workable Survey Twitter 127

Recruiting Blogs

NOVEMBER 7, 2022

million job openings as of December 2021, and the biggest contributors were accommodation and food services, information, and manufacturing of nondurable goods. . The core values of the company are as important as employee compensation and other related factors in enhancing employee engagement and maximizing employee retention.

Hiring 52

Hiring How To Social Media Onboarding 52

Uncubed

JANUARY 23, 2023

Don’t ignore: Compensation disclosure In many cases, disclosing compensation ranges is not a trend but an imperative. Ignore: Early career expectations for rapid advancement Since 2021, job seekers increasingly want to see that an employer offers learning and development, plus the opportunity for internal mobility.

Employer Branding 40

Employer Branding Trends Advertising Compensation 40

Eightfold

JUNE 15, 2021

Nelms cautions HR professionals to be prepared for an increase in voluntary employee turnover in 2021 as more job openings become available in a market with lower labor participation rates. “There is absolutely pent-up turnover demand in the U.S. workforce,” says Danny Nelms , president at Work Institute, a research and consulting firm.

Hiring 75

Hiring Survey Retention Engineering 75