Remove Compensation Remove Interviews Remove Retention Remove Travel
article thumbnail

Employee Retention Statistics: Why Businesses Need to Pay Attention in 2023

Recruiting Blogs

If you’re a recruiter or a human resources manager, you need access to the latest employee retention statistics. Armed with this and other employee retention statistics we’ll cover in this article, you can create an array of employee retention strategies. Retention benefits from remote work.

article thumbnail

Employee Retention Statistics: Why Businesses Need to Pay Attention in 2022

Recruiting Blogs

If you’re a recruiter or a human resources manager, you need access to the latest employee retention statistics. Covid-19 Employee Retention Stats Vs Now The Highest Voluntary Separations (Quit Rates) in 2021 by Industry Work from Home Statistics in 2022 Why is employee retention important? Why is employee retention important?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Benefits of Temporary Staffing Solutions

Recruiting Daily

The costs of maintaining staff such as vacation, travel expenses, and benefits. Costs mandated by government regulations such as workmen’s compensation, various taxes and social security deductions. In other words, employers get an opportunity to know the employee and, in turn, the employee gets a chance to know the company.

article thumbnail

Ripple Effect of Economic Trends on Recruitment Strategies

Recruiting Daily

This may involve reducing spending on external recruitment agencies, minimizing travel expenses for hiring events and leveraging cost-effective online platforms for job postings and candidate sourcing. At the same time, more skilled employees would require higher compensation, so that is a double-edged situation.

Trends 91
article thumbnail

The New Role of HR in a Remote World

Recruiting Daily Advisor

Let prospective employees know your company culture, values, and expectations by discussing company expectations, like travel requirements, technology usage, self-motivated personalities, etc. Compensation And Benefits Should Match The Location. Hiring globally means compensation and benefits can look very different for similar jobs.

article thumbnail

The Cost of Not Automating Your Hiring in 5 Numbers

The Staffing Stream

Artificial intelligence (AI) has made direct sourcing, or directly engaging with job candidates in a rigorously screened talent marketplace, a cost-effective, impactful way to hire for jobs like travel ICU nurses or specialized web developers.

article thumbnail

How to Create A Great Employee Value Proposition

Hireserve

These include elements such as: The compensation offered (such as salary) Your benefits package and what makes it competitive The potential for career progression Opportunity for personal development and growth Your corporate culture and environment EVP is quite literally to value provided by an employer to their employees.

How To 78