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Compensation Will Drive Recruiting and Retention in 2020

Recruiting Daily Advisor

In the world of recruiting and retaining top talent, compensation will drive all your efforts this year. According to the report, 40% of candidates cite “higher salary” as the reason they start the job search process, followed by benefits (21%), job dissatisfaction (20%), and flexibility/lifestyle (20%).

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Quiet Hiring

ExactHire Recruiting

Even if compensation or promotions are offered. Monster just released survey data on quiet hiring, and the results were profoundly loud. 27% of those surveyed would quit if they were quiet hired. Compensation can come in a variety of ways such as flexible working conditions, PTO, flex time, etc.

Hiring 296
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The Great Boomerang

Recruiting Daily Advisor

According to a Monster poll, 4 in 10 workers indicated they left a job in the past year, and the majority of workers would consider returning to work for a previous employer. Their top reasons include additional financial compensation, benefits and work perks, and an improvement in work culture.

Monster 105
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Tips for Successfully Hiring and Retaining College Graduates

Acara Solutions

An employee value proposition (or EVP ) can be highlighted—on your website, on job postings, and anywhere potential candidates may be searching—to show graduate prospects all the benefits that your company provides to your employees. Related: 4 Benefits of Workplace Diversity-And How to Achieve It.

Monster 81
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Navigating the Next Generation: How to Attract and Retain Gen Z Talent

AkkenCloud

Offer competitive compensation and benefits: Gen Z is highly motivated by financial stability and security. Therefore, companies should offer competitive compensation and benefits packages demonstrating their commitment to their employees’ well-being. Sources: Pew Research Center. Gen Z Rising.

How To 97
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The Effects of the Labor Shortage on Workers

Broadleaf

A Monster.com survey found that 73 percent of workers feel their employer does not understand the frustration that comes with working at an understaffed company. When discussing the survey results, Monster Worldwide, Inc. 38 percent are working extra hours without appropriate compensation. According to NFP’s 2022 U.S.

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Tips for Closing the Deal: Negotiating Salary with a Candidate

WizardSourcer

To ensure successful negotiation of a complete salary compensation package with candidates, it is crucial to be prepared and initiate this discussion from the first contact with them, whether it’s over the phone or in person. Pre-closing techniques, effective communication, and other strategies can aid in avoiding this.