Dangerous Retention Mistakes!

Staffing Talk

Company picnics may not be the best way to address the talent shortage

The Candidate Shortage Lie

Staffing Talk

Instead, the term 'candidate shortage' has become the cop-out way of describing ineffective recruitment and retention practices It seems that you can't pick up an HR publication without reading something about the so-called 'candidate shortage'. Key employee leaves: candidate shortage. Restaurant short on help: candidate shortage. Staffing company can't fill job order: candidate shortage. And so on. The reality is that no free market has a shortage of anything.

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The Future of Recruitment is Retention - Part 1

TalentCircles

By Jessica Miller-Merrell This is part 1 of a two part series on retention. This is why retention is key to good recruiting. Putting theory to practice We saw this theory clearly put into practice during the 2007 recession. Fast forward to 2015 The recession of 2007 may not be that far behind us, but you wouldn’t know that by looking at the job market today. This flip also demonstrated why retention is so important in recruiting. Employee Retention recruiting

The Future of Recruitment is Retention - Part 2

TalentCircles

By Jessica Miller-Merrell Check out part 1 of our recruiting retention series by clicking here. As I mentioned in part one of this series, supply and demand has played a big role in how we recruit, with the recession that began around 2007 causing many companies to cut perks, pay and even their workforces. They’re also shifting their focus to be around employee retention in general. As a recruiter, retention is powerful.

The Future of Recruitment is Retention - Part Two

TalentCircles

As I mentioned in part one of this series, supply and demand has played a big role in how we recruit, with the recession that began around 2007 causing many companies to cut perks, pay and even their workforces. They’re also shifting their focus to be around retention in general. This is because we’re now in a job seeker’s market , and the competition to attract the best candidates is a great reminder of why retention truly is the future of recruitment.

The Future of Recruitment is Retention - Part One

TalentCircles

This is why retention is key to good recruiting. Putting theory to practice We saw this theory clearly put into practice during the 2007 recession. Fast forward to 2015 The recession of 2007 may not be that far behind us, but you wouldn’t know that by looking at the job market today. This flip also demonstrated why retention is so important in recruiting. By Jessica Miller-Merrell Be sure to check out part 2 of this recruiting economics series by clicking here.

Concerned about Retention? The Potential for a Resume Tsunami

Bersin

I’m so excited about a report we published today: Calculating the True Cost of Voluntary Turnover: The Surprising ROI of Retention. I’ve been wanting to write this report since I joined Bersin in 2013, but my study of retention began many years before then. Voluntary turnover didn’t drop significantly again until the Great Recession began in late 2007, with a huge decrease from mid-2008 through mid-2009.

Concerned about Retention? The Potential for a Resume Tsunami

Bersin

I’m so excited about a report we published today: Calculating the True Cost of Voluntary Turnover: The Surprising ROI of Retention. I’ve been wanting to write this report since I joined Bersin in 2013, but my study of retention began many years before then. Voluntary turnover didn’t drop significantly again until the Great Recession began in late 2007, with a huge decrease from mid-2008 through mid-2009.

Concerned about Retention? The Potential for a Resume Tsunami

Bersin

I’m so excited about a report we published today: Calculating the True Cost of Voluntary Turnover: The Surprising ROI of Retention. I’ve been wanting to write this report since I joined Bersin in 2013, but my study of retention began many years before then. Voluntary turnover didn’t drop significantly again until the Great Recession began in late 2007, with a huge decrease from mid-2008 through mid-2009.

Why Now Is the Time to Invest in People

Recruiting Daily Advisor

And by 2010, few employers had a retention plan. Investing in professional development with personalized coaching—for all employees—is critical to retention and business growth. Learning & Development employees Great Recession retention Time

Why Is It So Important to Communicate Total Rewards?

HRsoft

Communicating total rewards is an important aspect of any retention and engagement strategy. This can aid in retention efforts, because employees who feel that they are being compensated fairly know they are valued fairly and are less likely to leave.

HR Check In: A Recruiter’s (Quick) Guide to Success In 2016

Jibe

Various surveys report that in 2014, 36% of global employers reported having talent shortages, which is the highest percentage since 2007. Uncategorized Employer Brand LinkedIn Recruiting Retention Social Employer Brand SourcingRecruiting has changed drastically over the last 15 years with the rise of the digital age.

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65 percent of employers plan to hire recent college grads

CareerBuilder

In the best outlook since 2007, 65 percent of employers are planning on hiring recent grads, according to a recent CareerBuilder survey. Don’t Be the Last to Know: 4 Key Principles for Predicting Retention. That number is up from 57 percent last year, a sure indicator that the Class of 2015 has great career prospects.

HR Has the Power to Change Its Bad Reputation

Cornerstone On Demand - Talent Management

The Problem: Nothing’s Changed In 2007, my colleague and occasional coauthor Bob Sutton published The No A **e Rule. For years, human resources has been the department that everyone loves to criticize.

The work-abroad dream: 4 benefits of remote working for employers

Workable

2) Improve engagement and retention. Having such a policy in place in your company can do wonders for employee engagement and retention, especially among the younger crowd. GCUC, the Global Coworking Unconference Conference, reports that as of 2017, there were 14,000 coworking spaces globally up from 14 in 2007, and predicts that number to rise to 30,000 by 2022.

Blue-Collar Industries See Increase in Talent Shortages

Recruiting Daily Advisor

With the voluntary quit rate well above the 2007 rate and the time needed to fill positions reaching historic highs, many companies are operating with unfilled positions and overstretched workforces.

Why Is It So Important to Communicate Total Rewards?

HRsoft

Communicating total rewards is an important aspect of any retention and engagement strategy. This can aid in retention efforts, because employees who feel that they are being compensated fairly know they are valued fairly and are less likely to leave. 29% of employees surveyed by WorldatWork feel that pay communication needs the most improvement out of all components of their company’s rewards program (source: WorldatWork, 2007).

Shrinking the Talent Gap: Supporting Your Biggest Asset

Recruiting Daily Advisor

To combat this nationwide problem, organizations are looking to their employee benefits plans to help with recruitment and retention efforts, including increasing vacation time, providing enhanced parental leave policies, and investing in trendy workspaces to recruit new employees. He’s been with The Standard since 2007 and was instrumental in creating the program that exists today.

Raising the (Minimum Wage) Bar

JazzHR

Following raises in 2007 and 2008, the federal minimum wage hasn’t budged since 2009, when the government set the wage at $7.25 Employers that raise their wages before it’s legally mandated to do so can benefit from higher employee satisfaction and retention rates. Determine if a higher wage would benefit their retention rates. per hour. At that rate, someone working full-time would make $15,080 before taxes.

5 Ways Visual Storytelling Drives Recruitment

Glassdoor for Employers

Improve retention and conversion. 300 hours of YouTube videos are uploaded every minute (compared to eight hours in 2007) and Facebook has increased in the number of videos posted to the platform per person in the U.S. Successful recruiting hinges on the stories we tell. Candidates ignore bad stories like you ignore Aunt Sally when she gets lost on a tangent for 15 minutes.

Video 131

50 recruitment stats HR pros must know in 2017

Devskiller

32% of recruiters claim employee retention is their priority in the next 12 months. in July 2007. In November 2016, unemployment rate was pushed to 4.6% , which is approximately what it was in August 2007 before the Great Recession took its toll. With a new year typically comes a desire to improve ourselves at what we do, and HR is no exception. However, learning takes time and it’s no secret that recruiters are busy people.

The work-abroad dream: 4 benefits of remote working for employers

Workable

2) Improve engagement and retention. Having such a policy in place in your company can do wonders for employee engagement and retention, especially among the younger crowd. GCUC, the Global Coworking Unconference Conference, reports that as of 2017, there were 14,000 coworking spaces globally up from 14 in 2007, and predicts that number to rise to 30,000 by 2022.

Talent and HR News Update: Women and the Workplace

exaqueo

Yet research links maternity leave to higher employee retention. Google, which was one of the first major companies to offer an extended maternity leave to six months in 2007, concluded that the rate at which new mothers quit was cut by 50 percent thanks to the improved policy. Find out what we have discovered from women (and men) themselves about the 9 areas of focus for employers to improve their recruitment and retention of women.

Staffing News of the Day, March 14, 2013

Staffing Talk

Among administrative and clerical workers, confidence rises to highest level since 2007 [PR Newswire]. Healthcare leaders call for new recruiting and retention strategies to combat IT staffing woes [Fierce Health IT]. Companies focus too much on front line recruitment without “manning the back door” of retention [Forbes]. Jobless claims near five-year low , having dropped another 10,000 last week [Market Watch].

5 Ways Visual Storytelling Drives Recruitment

Recruiting Daily

Improve retention and conversion. 300 hours of YouTube videos are uploaded every minute (compared to eight hours in 2007) and Facebook has increased in the number of videos posted to the platform per person in the U.S. Successful recruiting hinges on the stories we tell. Candidates ignore bad stories like you ignore Aunt Sally when she gets lost on a tangent for 15 minutes.

Video 74

Top 25+ Staffing Agencies to Help You Hire Fast

Transformify - Recruiting

They pride themselves with 92% retention rate. Founded in 2007, LOLA Staffing has fast acquired top clients including Coca-Cola, Virgin, and KIA Motors. Most companies are shifting to in-house hiring, but sometimes using the services of a staffing agency saves time and cost. However, there are many staffing agencies out there, how to select the one that's best for you?

3 reasons to get a short-term disability policy

Workable

Productivity and retention. Nearly two-thirds of all personal bankruptcies are attributed to medical problems, according to a 2007 report. A quarter of all working Americans now in their 20s will suffer a period of short-term disability before they retire. A worrying number of them don’t realize this and therefore, have not planned for it.

What’s it Like to Work for InterNations?

Jobbatical

And it seems they nailed it by founding InterNations in April 2007. We talked with the company’s HR Team Lead Christa Fellner about the challenges of modern hiring — from talent shortage to talent retention. InterNations, like all good things, was born out of personal pain. Two of the three founders had experienced expat life first hand. Both had to find their bearings in a new city while also trying to network, make new friends, and learn all about a new culture.

Staffing News Of The Day, March 8, 2012

Staffing Talk

Brandt, the associate director of the VA facility from 1996 until April 2007, his wife, Esperanza A. Creative retention strategies on the rise as UK SMEs look for 2012 growth opportunities. Low-cost ways to show employees they’re highly valued. Fast Company]. United States: Can You Refuse To Hire A Felon? mondaq]. Active recruitment in Korea as Asia remains cautious – Robert Walters. MarketWatch]. Swedish CFOs budgeting for weaker krona this year. Fox Business].

How to screen Data Science skills

Devskiller

To confirm that, a recent survey analysis by KDNuggets has shown graduate degrees with the name ‘data science’ began to emerge in 2007, with an enormous spike of enrolments 2012. Data science. A modern-day buzzword.

Q2 2017: The Best Job Market in a Decade

CareerBuilder

employers plan to hire full-time, permanent employees in the second quarter – a significant jump from 34 percent last year and the highest percentage for the quarter dating back to 2007. And although it’s certainly a retention tactic , it’s also a recruitment one. The U.S. economy has been adding a healthy number of jobs in recent months, and according to the latest jobs forecast , that trend will continue. Forty-five percent of U.S.

6 Things Recruiters Can Learn From Past Recessions

Linkedin Talent Blog

COVID-19 has slowed the economy just like the mortgage crisis did in 2007 and the dot-com bust did in 2001. Consider how you could use your skills to improve things like retention or employer brand. Most experts agree we’re in a recession.

How to Build a Company That Will Attract Applicants

Recruiting Blogs

This can potentially enhance satisfaction and retention, which in turn positively influences the reputation and profile of the business. . A study by Chandler MacLeod in 2007 revealed that 52 percent of job seekers said that they are rarely affected by the claims to be employer of choice, while 5 percent mentioned it as an important factor. Most businesses would agree that recruitment is costly and time consuming because finding the right person can be quite difficult.

How Recruiting Technology Will Change Hiring In 2016 (And Beyond).

Recruiting Daily

Until recently, recruiters have been evaluated almost exclusively on outcome metrics like time to fill or cost per hires; the problem is that focusing too much on the sheer number of butts they can pull through the hiring funnel and into seats ignore important controls regarding quality of hire, candidate engagement or respective recruiters’ overall impact on organizational recruiting or retention. Sheeroy served as Sapient’s Chief Operating Officer from 2001 through 2007.

CRM 63

By the Numbers: March 23, 2018

BountyJobs

which is up from 120K in 2007. Taco Bell Increases Employee Education and Retention. The program was launched last year with an initial group of 2,000 employees and resulted in a 34% increase in retention over six months. BountyJobs Bites. Gig Economy and Economic Uncertainty Listed as ‘Megatrends’.

Zynga & the Game of Growth

Recruiterbox

But the venture that set him on course to tech-stardom was the one where he partnered with Reid Hoffman and bought a small stake in Facebook in 2007. Insights and analytics would help Zynga rapidly iterate and drive reach, retention and revenue. It’s all about the game, and how you play it. Mark Pincus, an undergrad from Wharton and a Harvard MBA sure knew how the game was played.

10 HR Trends that are Shaking Up Small Business in 2016

Recruiterbox

By developing an effective, systematic onboarding process, you’ll be more likely to retain your employees – and retention is great for the bottom line. . A recent survey by Workplace Trends found 87 percent of companies who offer work flex programs saw increased employee satisfaction, 71 percent increased productivity, and 65 percent improved talent retention. 65% percent of flexible workplaces say flex work improves employee retention. HR trends come and go.

Drinking from the Talent Acquisition Fire Hose

Bersin

I realized there was no academic research on this topic and went back to Northwestern for a PhD where my dissertation focused on the retention of downsizing survivors. After graduating in 2007, I joined Deloitte Consulting’s Human Capital practice determined to help companies with their talent and retention challenges. Hi, my name is Robin and I’m trying to understand the complexity of Talent Acquisition.

Drinking from the Talent Acquisition Fire Hose

Bersin

I realized there was no academic research on this topic and went back to Northwestern for a PhD where my dissertation focused on the retention of downsizing survivors. After graduating in 2007, I joined Deloitte Consulting’s Human Capital practice determined to help companies with their talent and retention challenges. Hi, my name is Robin and I’m trying to understand the complexity of Talent Acquisition.

Drinking from the Talent Acquisition Fire Hose

Bersin

I realized there was no academic research on this topic and went back to Northwestern for a PhD where my dissertation focused on the retention of downsizing survivors. After graduating in 2007, I joined Deloitte Consulting’s Human Capital practice determined to help companies with their talent and retention challenges. Hi, my name is Robin and I’m trying to understand the complexity of Talent Acquisition.