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By the Numbers: December 8, 2017

BountyJobs

Bad Hires Hurt the Wallet. Per a survey released by CareerBuilder, each bad hire in the last year cost companies an average of $14,900. Nearly three in four employers, 74%, reported they have hired the wrong person for a position. Apprenticeships are common in Europe but in comparison, seldom used in the U.S.

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How AI makes data-driven decisions possible in recruiting

Leoforce

Here are a few examples of the role data analytics can play in realizing an recruiting department’s long-term goals: Making the right hire from the start. CareerBuilder estimates that a bad hire can cost companies $7,000 to $10,000 for an entry-level or mid-level role and closer to $40,000 for a manager.

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Playbook Of People Analytics: The Future of Work

Recruiting Daily

Simply put, this has resulted in less control, more variables, more unknowns, more risk, and in general, a hiring environment that looks a little more like a casino than what is portrayed by Hollywood coaches as they make calculated, thoughtful decisions about building their teams. A Chain Reaction. But does that pedigree add up to success?

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How To Reduce Employee Turnover with Workforce Analytics

Visier - Talent Acquisition

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. Why should HR make employee retention a priority? One third of new hires quit their job after about six (6) months.

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Industries with the Highest (and Lowest) Turnover Rates

Linkedin Talent Blog

Read on to see which sectors feel like a rapidly revolving door — and which feel more like a tame merry-go-round in comparison. Final thoughts Whether it’s welcome or worrying, high turnover can cause confusion, swirl, and frantic fire drills for talent professionals. The disparities get even wider when we look at industries.

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Industries with the Highest (and Lowest) Turnover Rates

Linkedin Talent Blog

Read on to see which sectors feel like a rapidly revolving door — and which feel more like a tame merry-go-round in comparison. Final thoughts Whether it’s welcome or worrying, high turnover can cause confusion, swirl, and frantic fire drills for talent professionals. The disparities get even wider when we look at industries.