Jobbatical

JANUARY 11, 2019

That number is projected to jump to 43% by 2020. workforce will be millennials by 2020. A total of 31% of recruiters list the quality of the hire as the measurement of their success, while 23% of recruiters consider the retention rate as their primary measurement. workforce, are “gig workers.” Certain fields are in high demand.

Trends 48

Trends Data Hiring Social Media 48

ClearCompany Recruiting

DECEMBER 28, 2023

This article about the impact of employee recognition was originally published in August 2014 and was updated in December 2023 with new information and sources. employee engagement fell to 32% in 2022 after reaching 36% in January 2020, a record high since Gallup first reported the metric in 2000.

ClearCompany 296

ClearCompany ADP Culture Financial 296

Social Talent

AUGUST 6, 2016

Industry: Financial Services. # The move was championed by ‘Coca-Cola Millennial Voices’, a group of young employees tasked with making sure there is a healthy level of employee retention in millennial consumers and staff members. Visit Johnson & Johnson’s Careers site here. Mastercard. Marriott International.

Diversity 114

Diversity Pharmaceuticals Tourism Social Media 114

Linkedin Talent Blog

OCTOBER 8, 2020

To design effective retention strategies aimed at underrepresented communities, it’s critical that companies partner with employees from those groups to gain a clear understanding of their experience and what they need to be successful. Here are the strategies they recommend. Final thoughts. And then I started getting more involved in ERGs.

Diversity 49

Diversity Groups Retention Nonprofit 49

Workable

JULY 22, 2021

One solution may be in developing ESG as a workforce strategy – that is, incorporating Environmental, Social, and Governance issues into your brand identity with talent attraction and retention being a benefit. Let’s start with why: The workforce was not immune to the migration patterns of the pandemic. Re-imagining the post-COVID EVP.

Retention 62

Retention Strategy Hotels Policies 62

The Staffing Stream

NOVEMBER 23, 2021

During the pandemic, the veteran unemployment rate soared to 11.7%, with more than a million veterans filing for unemployment in April 2020. Although the veteran unemployment rate rebounded in 2021 to 3.9%, there is still work to do to help veterans recover from financial losses and mental stresses sustained during the pandemic.

Retention 91

Retention Hiring Applicant Tracking Systems Job Descriptions 91

ClearCompany Recruiting

AUGUST 17, 2023

One in five have quit their jobs since 2020, and 47% plan to by 2025. Employee Retention with Professional Development Professional development helps you address skill gaps —and it’s a creative way to retain employees and enhances employee satisfaction and overall performance. projected in the coming years : Deficit of 1.1

ClearCompany 156

ClearCompany Healthcare Industry Groups 156

Recruiting Daily Advisor

JANUARY 29, 2019

Source: Stas_V / iStock / Getty. According to a research report by Intuit, the gig economy is estimated to constitute about 34% of the current workforce, which is expected to increase up to 43% by the year 2020. Increased digitization has contributed to the furthering of this trend.

Insurance 40

Insurance Insurance Benefits Training 40

ExactHire Recruiting

JANUARY 19, 2021

In the second stage of the recruitment and selection process the organization needs to source those ideal candidates and get them to apply. Social media is a great tool to proactively source candidates and a good strategy in nurturing a passive applicant pool. It’s smart from a financial perspective as well.

Examples 156

Examples Strategy Social Media Employer Branding 156

PowerToFly

SEPTEMBER 9, 2020

While parent-specific policies have caused a stir at some tech companies , taking care of working parents allows them to participate more fully at work and improves retention across an organization. We've also provided financial support for work-from-home set ups and childcare. Learn more about MINDBODY here. ?VideoAmp

Education 74

Education Policies Resources Groups 74

Recruiting Daily Advisor

MARCH 17, 2021

Source: Photobuay / iStock / Getty. Significantly, offering a student debt benefit has been shown to reduce stress among employees and improve financial wellness and has also been shown to improve retention. 1] SOURCE: Federal Reserve as of Q4 2020, [link]. [2] 2] SOURCE: [link]. [3]

Healthcare 98

Healthcare Benefits Retention Sourcing 98

Recruiting Daily Advisor

NOVEMBER 30, 2020

Among other disruptions wrought by the virus, many employers have experienced financial difficulties caused by a disrupted workforce, crippled cash flows, and an overall reduction in revenues. Source: Rohane Hamilton / Shutterstock. Employee Retention Credits. The COVID-19 pandemic has upended normal life for many Americans.

Retention 102

Retention Insurance Insurance Benefits 102

Recruiting Daily Advisor

MAY 17, 2021

Source: garagestock / shutterstock. Student loan debt has increased more than twofold over the last 20 years, and at the end of 2020, U.S. 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.

Benefits 129

Benefits Insurance Insurance Retention 129

Recruiting Daily Advisor

JULY 6, 2021

Source: Anki Hoglund / shutterstock. The first quarter of 2020 (Q1 2020) saw a record amount of CEO turnover , and 2021 is following a similar trajectory, with 307 CEOs having left their positions in Q1 2021. The cost of losing a senior-level employee is felt financially in many ways. Review Your Succession Plan.

Employer Branding 98

Employer Branding Culture Financial Policies 98

Recruiting Daily Advisor

NOVEMBER 18, 2020

Source: NiseriN / iStock / Getty Images. In fact, Mercator reports that 60% of the workforce in 2020 is unsure about their ability to handle economic uncertainty. If employees’ financial stressors aren’t addressed, the result is likely to be lower productivity and more frequent absences. Employees are also struggling.

Financial 111

Financial Retention Compensation Benefits 111

4 Corner Resources Staffing Blog

SEPTEMBER 21, 2020

By providing the best insurance plans possible, your employees will feel like you actually care about their overall health and well-being — leading to improved job satisfaction that results in increased employee retention rates and productivity. Financial Planning Resources. The modern family can take many forms. Mental Health Support.

Benefits 88

Benefits Insurance Insurance Financial 88

Achievers - Recruiting

FEBRUARY 4, 2020

Corporate wellness programs and employee engagement initiatives are not new players on the field of retention. Provide a sense of safety with financial well-being. For a population balancing student debt and a busy lifestyle, offering financial advice or workshops could be a game changer. Share your comments below.

ATS 82

ATS Energy Healthcare Retention 82

EasyHire

NOVEMBER 20, 2019

The Reality of “Workforce 2020” More than two decades ago, industry researchers and influencers – consultants, universities, the labor census bureau – made bold predictions regarding the massive changes our nation would experience in the next 20 years, referring to the phenomenon as “Workforce 2020”.

Talent Acquisition 40

Talent Acquisition Video Trends Diversity 40

Recruiting Daily Advisor

SEPTEMBER 3, 2020

And by 2010, few employers had a retention plan. Source: Rawpixel.com / Shutterstock. At the beginning of 2020, job postings outpaced the number of people looking for work. It’s an intuitive reaction, but these short-term decisions could have long-term negative financial repercussions in the form of voluntary turnover.

Retention 97

Retention Report Advertising Financial 97

Recruiting Daily Advisor

MAY 25, 2023

Just as financial debt accrues interest over time, a talent debt accumulates as employees lack opportunities to learn, grow, and advance in their careers. 2021 saw a seven-million-person talent debt payment, as lockdown orders prevented the normal flow of talent movement in 2020. For example, in 2018, 40.1

Survey 98

Survey Enterprise Strategy Financial 98

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

Recruiting Daily Advisor

MARCH 22, 2021

After years of remaining buried beneath red tape, a federal mandate issued in late 2020 seeks to, at last, bring U.S. Source: Ketstar / shutterstock. healthcare costs into the light of day. The final Transparency in Coverage Rule requires group health plans and insurance issuers to make: Disclosures to the public. 6 Key Next Steps.

Healthcare 128

Healthcare Insurance Insurance Education 128

CuteHR

DECEMBER 23, 2019

Not only this, the conventional responsibilities of managing payroll, analysing employee performance, communicating the company’s goals, along with training and retention, add into the job description of an HR. ALSO READ: Top 10 HR Trends to Watch in 2020. The role of CHRO is the most strategic role in the company or business.

Resources 55

Resources Policies Emotional Intelligence Construction 55

Prism HR

DECEMBER 7, 2022

The current state of affairs has everyone wondering what the labor market will look like in 2023 and the effects it will have on recruiting and retention. An economic data source that is available to everyone, FRED is also used by the Federal Reserve to track economic indicators. Current State of the Labor Market.

Retention 85

Retention HiringThing Small Business Trends 85

Recruiting Daily Advisor

MARCH 31, 2021

Our rapid shift to working from home due to COVID-19 plus heightened financial, political, social, and emotional stressors presented a perfect storm. Source: your / shutterstock. Overall, the Federal Bureau of Investigation’s (FBI) Internet Cybercrime Complaint Center (IC3) saw a 400% increase in reported cyberattacks in 2020.

Engineering 52

Engineering Data Construction Enterprise 52

ClearCompany Recruiting

JANUARY 18, 2024

since 2020. They’re also a proven retention driver —91% of employees stay at the company after completing an apprenticeship. Rewards for Retention For manufacturing operations to run smoothly now and for years to come, you need engaged employees who follow safety rules, meet their goals, and are interested in learning.

ClearCompany 67

ClearCompany Trends Training Retention 67

Eightfold

APRIL 6, 2020

If the world learned one lesson in 2020, it’s how essential healthcare workers are. Let’s take a look at four factors affecting recruiting, hiring, and retention in healthcare — and how healthcare companies can refine their strategies to meet these challenges. Organizations should not let the lack of financial resources deter them.

Healthcare 54

Healthcare Talent Acquisition Pharmaceuticals Applicant Tracking Systems 54

Recruiting Blogs

APRIL 17, 2023

Of Generation Z, the youngest segment of our workforce, 69% are already experiencing workplace stress, making it their second-highest source of stress only after health-related concerns. Burnout is negatively affecting employee retention in significant ways. What we didn't expect to find was that: 1. 46% of Gen Z workers agreed.

Data 52

Data Financial Report Survey 52

Devskiller

MARCH 2, 2022

According to the latest Stack Overflow Developer Survey 2020 , which surveyed over 65,000 developers around the world, only 3.7% Source: TalentLyft. Social media such as LinkedIn, Facebook, and Twitter are great sources for finding highly-skilled candidates. Source: GitHub. Source: Glassdoor. Source: Statista.

Hiring 62

Hiring Social Media Assessment JobVite 62

Visier - Talent Acquisition

DECEMBER 17, 2019

The pressure was on to boost retention. That’s why we predict in our HR Trends 2020 report that people analytics will continue to spread. Add more data sources to your people analytics solution. This topic appeared as “ Trend #2: People Analytics Becomes Accessible to Everyone ” in our HR Trends 2020 report.

Trends 70

Trends Data Report Banking 70

Pragna Technologies

FEBRUARY 28, 2020

This blog covers upcoming recruiting trends for 2020, from sourcing methods to candidate matching because the high perks and advantage candidates are going to look for. Below are few global recruitment trends businesses and HR professionals should remember in 2020 and beyond: Recruiters becoming marketers.

Trends 60

Trends Hiring Recruiting Trends Employer Branding 60

Recruiting Daily Advisor

JUNE 11, 2021

Source: tomertu / shutterstock. Approximately 1 million people with disabilities lost their jobs between the beginning of the pandemic and July 2020, and many were forced to leave the workforce this year due to health concerns. Bureau of Labor Statistics shows there are currently 8.1 million job openings. Additionally, the U.S.

Hiring 80

Hiring Diversity Financial Benefits 80

Recruiting Blogs

NOVEMBER 29, 2022

Talent Management Systems: Best Practices in Technology Solutions for Recruitment, Retention and Workforce Planning. The Robot-Proof Recruiter: A Survival Guide for Recruitment and Sourcing Professionals. The Robot-Proof Recruiter was a finalist at the Business Book Awards 2020 in the HR & Management Category.

eBook 52

eBook Resources Talent Acquisition Social Media 52

Recruiting Blogs

OCTOBER 24, 2022

Of Generation Z, the youngest segment of our workforce, 69% are already experiencing workplace stress, making it their second-highest source of stress only after health-related concerns. . Burnout is negatively affecting employee retention in significant ways. Remote workers are however not exempt from chronic stress.

Data 40

Data Financial Report Survey 40

Avature

DECEMBER 16, 2020

Many months have passed since the early spring of 2020 when the World Health Organization characterized COVID-19 as a global pandemic. Truth be told, 2020 was a pretty strange year for professionals from all walks of business life. Not only did we suffer the indignation of failing to expect the unexpected (i.e.,

Onboarding 52

Onboarding Trends Sourcing Talent Acquisition 52

ClearCompany Recruiting

AUGUST 14, 2018

ClearCompany has processed millions of applicants, created thousands of hiring programs and taken hundreds of talent acquisition teams to the next level with their industry leading ATS, Sourcing Module, Onboarding Platform and Video Interviewing capabilities. What’s one thing I can do to help us more effectively reach our goals?

ClearCompany 136

ClearCompany Sourcing Software Culture 136

Recruiting Blogs

FEBRUARY 19, 2021

Another study by Bain & Company (the inventor of the Net Promoter System ) along with Earl Sasser of Harvard Business School, has shown that even a mere 5% increase in customer retention can increase a company’s profit between 25-95%. 1 - Keep all lines of communication open. 2 - Encourage customer feedback and act on it .

Strategy 36

Strategy Study Survey Software 36