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Answering the Challenge of Talent Retention Among Gen Z and Millennial Workers

Recruiting Daily Advisor

However, these oversimplified assessments fail to capture what business leaders should hone in on: the complex reality of the evolving labor market. Prioritizing the shifts in the workforce that younger generations value will not only increase productivity, but also improve retention.

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3 Ways Banks and Credit Unions Use Employment Screening Tests

Employment Technologies

Employment Screening Tests Improve Talent Acquisition and Retention. Facing a tight labor market and expanding employment options, today’s banks and credit unions are seeking new strategies to find and keep talented professionals who will excel in today’s rapidly changing financial work environment. He holds an M.S.

Banking 74
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Top 5 Posts: Strategic Guidance for the New Year

Employment Technologies

Quick, Easy Tools Help Employers Assess Language Proficiency. How Banks & Credit Unions Can Prosper During the Great Resignation. From lessons learned at the annual SIOP conference to a personal job search story from our Director of Innovation, this year-end collection offers a wealth of strategic guidance for the new year, too.

Banking 97
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4 Compelling Reasons to Choose Skills over Degrees

Vervoe

Skills-based hiring requires organizations to assess how they can accurately evaluate and measure roles to give candidates from all backgrounds a fair chance to prove their abilities. Generally, skills-based hiring looks at a candidate’s hard and soft skills through a skills-based assessment to determine their suitability for the role.

Diversity 121
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Can Call Center Simulations Attract the Talent You Need?

Employment Technologies

Many companies have moved toward self-help for customers (think airline reservations, shopping, banking, consumer services, transportation). Encourage Diversity. A key goal for many contact centers is employee diversity. Frustration spikes when customers are unable to reach a live person for support[1]. Personalize Onboarding.

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Why You Need a Risk Management Policy for a Successful 2024

Ongig

Even though diversity, equity, inclusion, and belonging (DEIB) and environmental social governance (ESG) policies are important, these policies still face challenges. It’s a process that finds, assesses, prevents, and deals with threats to your company. Critics persist despite the proven benefits. What exactly is risk management?

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2024 Labor Market Outlook: Skills Shortages and Flexibility

Recruiting Daily Advisor

In 2023, Wahlquist says, businesses across most sectors slowed their pace of hiring while focusing on retention of existing workers in the face of growing geopolitical and macroeconomic concerns. Nicola Hancock, Regional Managing Director, Americas & Investment Banking at talent solutions firm AMS shares Wahlquist’s outlook. “We