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How to Retain Employees: 8 Effective Employee Retention Strategies

PandoLogic

8 Effective Strategies to Improve Employee Retention Retaining talented employees is a top priority for organizations seeking long-term success. As businesses strive to create a positive work environment and keep their workforce engaged, a deeper understanding of what motivates employees and affects their retention becomes crucial.

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How biased AI systems omit hidden workers and cause a talent shortage

Leoforce

It should come as no surprise that one of the most influential technologies of the 21 st century, artificial intelligence (AI), is also widely by recruiters as a tool to attract, screen, and engage candidates for open positions. Screening resumes. But what if human bias is affecting how we create algorithms for AI systems?

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6 Tips to Lower the Cost of Operating a Franchise

PandoLogic

The Top Costs Associated with Running a Franchise The top costs of managing a franchise frequently include franchise fees, royalty fees, advertising fees, training fees, supplies and equipment costs, labor costs, rent or lease costs, insurance costs, and ongoing operational costs.

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Healthcare Recruitment 2020: The Good, the Bad and the Future

Hospital Recruiting

Overall the national average of nurse attrition was 17.1%, according to a 2020 National Healthcare Retention & RN Staffing Report , before the outbreak of coronavirus. Targeted advertising helped access talent pools quickly, and technology improved application, screening, and scheduling processes.

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Breaking Down the Recruitment Lifecycle Stages

Hireserve

The five stages of recruitment: Clarify your personal needs and requirements Map out your hiring strategy, and put it to the test Select and screen your candidates Acquire the top talent Onboarding your new hire (with retention in mind!) A great onboarding experience can improve retention by 82%.

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Recruitment Strategies to Retain Your Team

Hireology

Retention issues are industry-agnostic, but the healthcare industry specifically deals with a great deal of turnover. Stay focused on improving your employer brand by checking and responding to your online reviews, staying active on social media, and advertising your team and culture on your career site.

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How to Leverage Recruiting Metrics to Improve Your Hiring Process

4 Corner Resources Staffing Blog

Some external costs to consider when calculating your own cost per hire are advertising and marketing of open positions, travel expenses, job fairs/event fees, background checks, and other screenings. According to SHRM’s Human Capital Benchmarking Report, the average cost per hire is $4,129.

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