Recruiting Blogs

APRIL 17, 2023

If you’re a recruiter or a human resources manager, you need access to the latest employee retention statistics. Armed with this and other employee retention statistics we’ll cover in this article, you can create an array of employee retention strategies. A figure that quickly rebounded from 8.1% in 2020.

Retention 52

Retention Onboarding Government Report 52

Devskiller

JUNE 30, 2020

It’s the year 2020 and the way we hire, develop, and terminate staff is rapidly evolving. Simply put, HR best practices are human resource principles that lead to super business performance , regardless of which organization or industry they are applied to. Nowadays the industry is a lively and innovative scene. Compensation.

Compensation 127

Compensation Training Job Descriptions Benefits 127

ClearCompany Recruiting

APRIL 5, 2022

Why is Employee Retention Important? The benefits of employee retention include: Lower hiring costs. Low retention rates can then lead to issues that impact business performance immensely: Lower quality of work, product, or service. Less institutional knowledge retention. Compensation. Increased hiring costs.

ClearCompany 196

ClearCompany Retention Survey Compensation 196

Acara Solutions

JULY 11, 2022

The semiconductor industry has become an increasingly important part of the U.S. and global economies, with experts projecting it will be a trillion-dollar industry within the next 10 years. But a single fab requires thousands of skilled employees–and the semiconductor industry, like so many others, is already facing a labor shortage.

Industry 82

Industry Transportation Government Compensation 82

Recruiting Blogs

NOVEMBER 6, 2022

If you’re a recruiter or a human resources manager, you need access to the latest employee retention statistics. Covid-19 Employee Retention Stats Vs Now The Highest Voluntary Separations (Quit Rates) in 2021 by Industry Work from Home Statistics in 2022 Why is employee retention important? in 2020, down from 31.1%

Retention 52

Retention Onboarding Government Retail 52

Devskiller

DECEMBER 15, 2020

According to a survey conducted by SHRM, 47% of HR professionals consider employee retention a top workforce management challenge. In today’s article, you’ll learn why staff retention is important as well as discover some of the best strategies for keeping your key talent. Employee retention definition. Source: Vacancy Filler.

Retention 87

Retention How To Compensation Sourcing 87

Employment Technologies

MARCH 8, 2022

While employee retention is actually improving in the financial sector, finding and keeping the right talent remains a challenge (Crowe, Bank Compensation and Benefits Survey, 2021). Employees often cite a lack of career development opportunities as a significant reason for leaving the financial services industry.

Banking 98

Banking Financial Retention Assessment 98

Crelate

NOVEMBER 9, 2023

Show notes On this episode of Industry Spotlight, we have a very special guest joining us: Michele Massaro, the Chief Operating Officer at Abacus Corporation. Michele brings with her over 30 years of experience in the staffing industry, and she’s here to share her insights, knowledge, and industry updates with all of us.

Staffing 115

Staffing Industry ATS Strategy 115

Recruiting Blogs

JANUARY 24, 2024

© 2024 Neeljym Search Group ® All Rights Reserved [link] As we ushered in the new decade in 2020, the insurance industry found itself grappling with a talent shortage. This challenge was further compounded by the unforeseen consequences of the pandemic, prompting many to retire early or explore alternative industries.

Insurance 52

Insurance Insurance Compensation Talent Acquisition 52

Recruiting Daily Advisor

DECEMBER 22, 2022

iHire’s 2022 Talent Retention Report confirmed that notion: An overwhelming 89.4% In polling 2,665 workers and 578 employers from 57 industries across the U.S., However, money is still a key piece of the retention equation and was a close runner-up to poor management, as 43.4% Of that group, 73.5% Further, 71.8% In addition, 37.1%

Retention 135

Retention Survey Compensation Groups 135

Rally Recruitment Marketing

MARCH 14, 2022

The problem is that, with so many employers now going through this upgrade, benefits that, years ago, would have set you lightyears ahead of your industry peers are now necessary just to stay competitive. This has serious implications for retention.

Benefits 221

Benefits Policies Compensation Banking 221

Broadleaf

FEBRUARY 13, 2023

healthcare industry 62% are female and 38% are male 51% of the worker population is 20-30 years old 38% hold a bachelor’s degree Worker shortages With the current news around layoffs and a potential recession, you would think that employers hiring frontline workers would have no problem filling their open positions.

Trends 87

Trends Transportation Healthcare Compensation 87

Slayton Search Partners

MARCH 15, 2023

As 2023 opened with the threat of a looming recession, many leaders of the industrial manufacturing sector could only sigh a little deeper. But that doesn’t change the fact that C-suite turnover in industrial manufacturing is ballooning. 2023 appears to be a make-or-break year for the industrial sector.

Industry 40

Industry Trends Report Culture 40

Recruiting Daily Advisor

DECEMBER 27, 2019

As 2019 comes to an end, we’re continuing on with the 2020 predictions. Adam Roston, CEO of on-demand gig worker staffing platform Bluecrew , provides a list of key trends employers can expect in 2020. More employers will adopt or at least test out machine learning (ML) and AI to enhance hiring strategies in 2020,” suggests Roston. “By

Employer Branding 69

Employer Branding Trends Data Staffing 69

Leoforce

FEBRUARY 25, 2022

This demographic is showing an increase in resignations of about 20% compared to 2020. For many employers, especially small and local businesses, outdated ways of recruiting still dominate the industry. Have a retention or hiring problem? Searching in the wrong places. Take a data-driven approach. Which areas are unfulfilling?

Recruitment Software 208

Recruitment Software Recruiting Software Compensation Diversity 208

Slayton Search Partners

MARCH 1, 2021

And, of course, it also has a significant influence on retention. Inevitably, how they approach this challenge has the potential to make or break their retention ratios. The Relationship Between Culture and Retention. And employee engagement is largely what drives retention. Approaching Culture and Retention Post-COVID.

Retention 52

Retention Culture Policies Retail 52

Recruiting Blogs

JANUARY 15, 2024

© 2024 Neeljym Search Group ® All Rights Reserved As we ushered in the new decade in 2020, the insurance industry found itself grappling with a talent shortage. This challenge was further compounded by the unforeseen consequences of the pandemic, prompting many to retire early or explore alternative industries.

Insurance 40

Insurance Insurance Compensation Talent Acquisition 40

Recruiting Daily Advisor

MAY 17, 2019

The cannabis industry is becoming one of the fastest growing industries in the United States, which should come as no surprise given that 10 states—and Washington D.C.—have But when it comes to recruiting cannabis talent, what actually attracts these workers to this industry? Top 10 Benefits to be Introduced in 2020.

Industry 51

Industry Insurance Insurance Compensation 51

Recruiting Daily Advisor

MARCH 5, 2020

IWD will take place Sunday, March 8, 2020, and this year’s theme is #EachforEqual. International Women’s Day 2020 is about building a truly equal world. Compensation cloud software company, beqom recently sought to understand which gender-related issues are impacting the workplace. Source: Sveta Aho / Shutterstock.

Diversity 135

Diversity Nonprofit Policies Sports 135

Workable

NOVEMBER 18, 2021

The tech industry also saw high turnover rates due to burnout , but they also had more competitive remote work options to turn to. These hiring costs can add up when one in three hires leave a company in their first two years and is why it is most beneficial to emphasize best practices for employee retention.

Retention 118

Retention Advertising Job Descriptions Workable 118

Recruiting Daily Advisor

MARCH 20, 2019

I know, we just entered 2019, and already I’m forcing you to think about 2020, but for good reason! As the Boy Scouts say, “be prepared,” and when it comes to your benefits offerings, you’re definitely going to want to plan way ahead to attract talent in 2020. What to Offer in 2020. Student loan debt payback assistance (21%).

Benefits 45

Benefits Insurance Insurance Report 45

Ongig

AUGUST 15, 2022

A Fairygodboss study on How 2020 Changed the Job Search Landscape shows: “60% of men and 52% of women viewed financial benefits as the most important factor when looking for and evaluating potential employers and job opportunities.” Results show compensation remains the #1 driver in career opportunities across the board.

Job Descriptions 72

Job Descriptions Workable Compensation Study 72

Social Talent

AUGUST 13, 2020

You’ll notice that they vary from industry to industry and all of them are embracing diversity in different ways. Industry : Quality of Life Services . # Industry : Medical Devices, Pharmaceutical and Consumer Packaged Goods. # Industry : Financial Services. # Industry : Professional Services/Consulting. #

Diversity 227

Diversity Pharmaceuticals Tourism Social Media 227

Avionte

APRIL 15, 2021

New numbers published by Staffing Industry Analysts show staffing revenues have increased by over 10% year over year. But a n even bigger challenge looms for staffing hourly workers across Clerical, Light Industrial, Construction, and Business Services. unemployment rate remains 50% higher than in February 2020.

Staffing 118

Staffing Transportation Tourism Retail 118

Jobvite

DECEMBER 11, 2020

Talent acquisition is particularly valuable for certain situations: Niche markets: Certain niche industries like technology , medicine, law, or financial management need a talent acquisition strategy to attract top talent with specific skills. The Best Talent Acquisition Strategies of 2020.

Talent Acquisition 52

Talent Acquisition Strategy JobVite Applicant Tracking Systems 52

ExactHire Recruiting

JUNE 8, 2021

But unlike a PEO, an ASO does not provide workers’ compensation or liability coverage. The PEO will also carry workers’ compensation and liability insurance. You strive to be the best in your industry, and growth is exciting. In 2020, average health coverage for a family costs $21,342. PEO Benefits.

Insurance 177

Insurance Insurance Small Business Compensation 177

Recruiting Blogs

OCTOBER 15, 2020

August 11, 2020. This API is part of our strategy to make Reward Gateway intelligence easily accessible and to accelerate innovation within our industry.” . August 5, 2020. July 27, 2020. July 27, 2020. ?. July 21, 2020. July 21, 2020. ?. Find answers to these questions and more below. .

PeopleFluent 36

PeopleFluent JobVite SAP Job Descriptions 36

Hireology

OCTOBER 26, 2020

The industry’s most notable dealerships are making sure they have what it takes to attract top talent. Their recipes for success are outlined below so you too can recruit the cream of the crop of the retail automotive industry. . Check out our 2020 Automotive Applicant Experience eBook. . Promote from Within.

Automotive 148

Automotive Groups eBook Diversity 148

Hireology

OCTOBER 28, 2020

When job seekers begin their search, they may key in to their search engine, “top companies to work for 2020” or “best companies hiring near me”. There’s plenty of benefits to joining this program, as well as any that are specific to your industry. . Raise Retention. Attract Top Talent. Decrease Time and Cost per Hire.

Employer Branding 118

Employer Branding Benefits Retention Linkedin 118

BountyJobs

DECEMBER 16, 2021

High turnover and a shortage of labor have plagued the foodservice industry, partially driving wage increases. Budget for compensation is forecasted to increase a bit but not enough to match inflation. The sign-on bonus was leveraged 79% of the time (compared to the other options of referral, spot, and retention).

Real Estate 98

Real Estate Hiring Hotels Education 98

Recruiting Daily Advisor

NOVEMBER 10, 2020

At the end of 2020 , who would have thought the candidate-driven market would be replaced with record-high unemployment and that many employees would get to experience the “joys” of remote work firsthand after begging for the flexibility for years? If you’re reluctant to make predictions, we don’t blame you!

Hiring 145

Hiring Survey Compensation Financial 145

Recruiting Daily Advisor

APRIL 5, 2021

Still on the heels of dealing with the major tax reforms incited by the Tax Cuts and Jobs Act that went into effect in 2018, many business owners are wondering what tax code updates they can expect when filing their 2020 business tax return. And because of COVID-19, there were many notable changes for 2020, as well. to 72 years old.

Small Business 66

Small Business Compensation Insurance Insurance 66

Viaduct

APRIL 26, 2023

The COVID-19 pandemic caused economic disruptions that could lead to a recession in some industries. In the second quarter of 2020, the unemployment rate went as high as 14.7 percent —matching the first quarter 2020 pre-pandemic rate—and has fluctuated between 3.5 In fact, 60 percent of U.S. percent and has steadily declined.

Retail 93

Retail Financial Guidelines Survey 93

Talentoday

JANUARY 20, 2022

Organizers of team building events, training and onboarding sessions, industry conferences and other in-person plans must once again adapt, reschedule or prepare to shut it all down entirely. . Emphasis on Skills-Based Hiring and Retention Efforts. The new word in retention is growth. Wellness Programs are Here to Stay.

Trends 98

Trends Retention Diversity Report 98

GradLeaders

OCTOBER 5, 2021

We recently surveyed a range of global employers to better understand their 2020-2021 internship program outcomes as well as current and anticipated challenges for the 2021-2022 intern recruiting season. Competitive compensation is a bigger, long-term problem to tackle. Download the infographic (PDF). So, what did we learn?

Compensation 98

Compensation System Survey Onboarding 98

Recruiting Daily Advisor

SEPTEMBER 18, 2020

Employers in the United States report improved hiring plans for the fourth quarter of 2020 following the 10-year low reported in the third quarter, but now plans are changing for when pre-pandemic hiring will resume. Outlooks by Industry and Region. Compensation Trends During the Pandemic. Among the 28 U.S.

Compensation 111

Compensation Retail Survey Transportation 111

Recruiting Daily Advisor

MARCH 17, 2021

Originally enacted as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act last March, the tax incentive was set to expire at the end of 2020 but was extended for an additional 5 years—through 2025—with a provision in the Consolidated Appropriations Act, 2021, [2] which was signed into law in December. 2] SOURCE: [link]. [3]

Healthcare 98

Healthcare Benefits Retention Sourcing 98