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4 Benefits of Competency-Based Hiring | ClearCompany

ClearCompany Recruiting

Its benefits range from eliminating bias to decreased employee turnover rates. Let’s take a closer look at five of the benefits of competency-based hiring during the recruitment process and beyond. They increased workforce diversity by 6%, with new hire retention rates of around 90%.

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How To Improve Employee Retention: 5 Strategies for Success

ApplicantStack

So, how can businesses improve employee retention and encourage qualified candidates to stick around longer? What Is Employee Retention and How Is It Calculated? Employee retention refers to the ability of an organization to keep its employees engaged and satisfied. Unsustainable work expectations.

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What is a Good Compensation Package? How to Decode Salary, Benefits, & Perks

Zengig

While the role itself, company culture, and growth opportunities matter, compensation is, for many, the most important of all. So, what exactly is a good compensation package, and why should you care? Throughout this article, we will break down its components, including salary, benefits, and perks.

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The Benefits of Temporary Staffing Solutions

Recruiting Daily

There are many benefits that companies can gain when they hire temporary staff. This substantial prediction of market size growth reveals unmistakable benefits for temporary staffing in companies, particularly in terms of cost savings, staff flexibility, and productivity. However, the U.S.

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How to Screen for Retention in a Recession

Glassdoor for Employers

So it's critical to think about retention as early as when you're interviewing new candidates. Because attrition can have such a profound effect on your bottom line, it makes fiscal sense to prioritize retention. A 2019 Glassdoor Economic Research study shows that hires that use Glassdoor have higher retention rates.

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How to Showcase Employee Health Benefits and Recruit Top Talent

Glassdoor for Employers

That's why healthcare is still the benefit that employees value most. Plus, it might offer added benefits to your company down the road, including brand-building and savings. They also expect virtual visits , which, as an added benefit to you, improve your team's time management and productivity. Actions speak louder than words.

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3 Benefits of Using International Compensation Planning Software

HRsoft

For multinational corporations, having international compensation planning software is an absolute must. Compensation planning is complex enough to manage without factoring in differences from one country to the next. Yet, it international compensation planning can be done– as long as you have the right tools in place.