Recruiting Daily

FEBRUARY 2, 2024

The Debilitating Costs of Turnover There’s a reason 93% of organizations are concerned about employee retention – turnover costs companies vast sums of money and has a deeply corrosive impact on the workforce. But the financial effects of turnover are only part of the story – there’s also the pressure turnover exerts on employees.

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Benefits Retention Financial Meeting 102

Social Talent

JANUARY 9, 2018

We love a good LinkedIn report. The social network has such a huge outreach of professionals and, in our case, recruiters across so many industries that you can be sure reports are detailed and verified. FREE REPORT. Get Report! Nothing new here- AI is featuring in every industry report published these days.

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Linkedin Trends Report Recruiting Trends 188

ClearCompany Recruiting

DECEMBER 28, 2023

This article about the impact of employee recognition was originally published in August 2014 and was updated in December 2023 with new information and sources. employee engagement fell to 32% in 2022 after reaching 36% in January 2020, a record high since Gallup first reported the metric in 2000.

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ClearCompany ADP Culture Financial 296

Social Talent

MARCH 9, 2023

Are you finding it difficult to source top talent? Is employee retention still an anxiety? By ensuring that they are trained to understand the market and your organizational goals, provide a stellar interview experience, remove bias, and expand their scope of sourcing, you open the floodgates to star candidates.

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Training Benefits Talent Acquisition Diversity 172

Prism HR

MARCH 8, 2024

Guardian’s 12th Annual Workplace Benefits Study found that these recent economic challenges are having a significant impact on three key areas of worksite employees’ well-being: financial, emotional and physical. Fostering worksite employees’ well-being is crucial for productivity and retention within a workplace.

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Insurance Insurance Financial Exercises 93

Recruiting Daily Advisor

APRIL 15, 2024

Source: Photografeus / iStock / Getty Images This strategy not only targets the disparities in health equity but also ensures that individuals across diverse backgrounds can access comprehensive reproductive care without the burden of financial constraints.

Benefits 111

Benefits Financial Diversity Healthcare 111

ClearCompany Recruiting

JULY 29, 2020

Maintaining employee engagement and retention through it all by properly planning for and communicating career progression and growth opportunities to existing staff. I would also recommend inviting other support staff that will help carry out your people and financial strategies, such as your recruiting leaders and financial managers.

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Hiring ClearCompany Financial Staffing 249

Hireology

OCTOBER 13, 2021

The September Bureau of Labor Statistics jobs report released last week was anticlimactic, to say the least. For many people, taking a low-paying job with little flexibility just doesn’t make sense financially or given the needs of their families. Retention is essential. The unemployment rate did fall to 4.8%

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Report SEO Reference Social Media 78

ClearCompany Recruiting

NOVEMBER 29, 2022

The employer is responsible for sourcing and financing the services of an EAP. Lost productivity, absenteeism, and employee turnover all result in substantial financial losses. One significant benefit of mental health EAPs for businesses is that they mitigate the risk of these financial losses. Improves Employee Retention.

ClearCompany 353

ClearCompany How To Survey Financial 353

Workable

JULY 22, 2021

One solution may be in developing ESG as a workforce strategy – that is, incorporating Environmental, Social, and Governance issues into your brand identity with talent attraction and retention being a benefit. A subsequent report announced that one-fifth of those investors felt the pandemic had accelerated their plans to do so.

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Recruiting Blogs

FEBRUARY 15, 2023

The financial sector is one of many that is struggling with staff numbers and recruitment following the coronavirus pandemic. Digital transformation is revolutionising a number of day-to-day tasks within the financial industry, changing the nature of the job.

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Financial Strategy Banking Training 40

ClearCompany Recruiting

AUGUST 2, 2022

According to Gallup, younger workers report that they want recognition more frequently than older generations. Employees may also overwork themselves because of financial needs. APA's 2021 report saw an increase in burnout rates for American workers, with 79% experiencing symptoms of work-related stress.

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Exercises ClearCompany Transportation Financial 328

AkkenCloud

MAY 29, 2024

According to a report by McKinsey & Company, companies that invest in technology during downturns are 2.5 This includes functionalities for payroll, benefits administration, compliance, and financial reporting. Accelerate Candidate Sourcing with Akkumate AI Akkumate AI is a game-changer for candidate sourcing and evaluation.

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Staffing Staffing Software CRM Mobile 52

Recruiting Daily Advisor

MARCH 3, 2022

But are the new financial wellness benefits really helping workers avoid financial hardship? Source: NiseriN / iStock / Getty Images. These include resources like financial planning apps, coaching or counseling, emergency grant funds, debt consolidation loans, and more. contacting creditors) in the past month.

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Benefits Financial Survey Insurance 98

Recruiting Daily Advisor

FEBRUARY 13, 2024

To get pay right, Mercer says employers must find a reliable source of hourly pay data to help them understand the local labor market. Focusing on Retention Just being able to attract employees isn’t enough. Focusing on Retention Just being able to attract employees isn’t enough. Topping the list: Focus on the hiring process.

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How To Retention Benefits Job Descriptions 59

Recruiting Daily Advisor

MAY 13, 2019

But fear not, we’ve got an expert who is sharing some tips to help you recruit and retain a Chief Financial Officer (CFO). Source: El Nariz / Shutterstock. CFOs must grasp the vision, believe in its achievability, and arm and inspire other department leaders to do the same through budgeting, performance reporting, and collaborating.

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Financial Onboarding Retention Mobile 58

Recruiting Blogs

MAY 20, 2024

While recent studies ([Source: SHRM Salary Survey]) confirm competitive salary remains king, comprehensive benefits and a positive work-life balance are also increasingly valued. Neeljym Search Group shares the monthly Employment Situation Report from the US Department of Labor. These factors can all have a big impact on salary.

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Compensation Benefits Insurance Insurance 52

Achievers - Recruiting

MAY 10, 2024

Tangible rewards are most common in the form of financial incentives, such as salary or bonuses, while recognition, praise, and promotion are examples of intangible rewards. Financial rewards and bonuses can help employees feel valued for the work they do and are effective in driving short-term goals and performance.

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Financial System Retention Report 66

Workable

OCTOBER 23, 2023

Flexible work arrangements are an example of a major workplace trend that has recently emerged, as reports show that nearly 90% of employees are choosing flexible arrangements , such as remote and hybrid work, when it is available to them. This provides insights into workforce trends, employee engagement, and retention rates.

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Trends Strategy Guidelines Policies 119

Workable

MARCH 8, 2022

This is part of a series of monthly hiring trend reports for SMBs that go out on the first Tuesday of every month. For this report, Workable defines “Time to Fill” as the number of days from when a new job is opened to when that job opening is filled. Last month’s report showed a 7.3-point Let’s start analyzing! Be informed.

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Report Hiring Workable Trends 59

Visibility Software Recruiting

APRIL 16, 2024

Companies that invest in attracting and selecting the right candidates the first time around can avoid the financial burden associated with poor hires. A report reveals that companies with a formal talent acquisition strategy are more likely to outperform their competitors.

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Talent Acquisition Employer Branding Onboarding Assessment 62

HRsoft

MAY 3, 2024

The system should have the capability to integrate data from various sources such as HRIS (Human Resource Information System), performance management systems , payroll data, and market salary surveys. Real-time Reporting and Analytics : Timely access to actionable insights is crucial for effective decision-making in compensation management.

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Compensation System Data Financial 59

PowerToFly

NOVEMBER 11, 2022

Research by McKinsey shows that companies in the top quartile for gender or racial and ethnic diversity are more likely to have financial returns above their national industry medians. Instead, your goal here is to help get your jobs in front of candidates who’ve historically faced more barriers in traditional sourcing processes.

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Diversity Sourcing Groups Job Boards 59

Automated Business Designs

NOVEMBER 28, 2023

The Top 10 KPIs for Staffing Agencies When looking at the top 10 KPIs for staffing agencies, they can be broken out into (4) important areas that are vital to a staffing business: Recruitment Effectiveness, Placement Success, Candidate and Client Satisfaction, and Financial Performance. Let’s first look at Recruitment Effectiveness.

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Staffing Financial Staffing Software Job Descriptions 89

Social Talent

MAY 10, 2023

According to a Boston Consulting Group report , companies with more diverse management teams have 19% higher revenues due to innovation. McKinsey & Company found that companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above their national industry medians.

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Diversity Strategy How To Job Boards 172

Recruiting Blogs

MAY 16, 2023

Productivity, growth, job satisfaction, retention, and other essential business metrics are inextricably linked to the wellbeing of a company’s workforce. For those worried about profitability, industry reports show a $1.47 Employee wellness is a construct that refers to employees’ wellbeing and health in the workplace.

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Financial Insurance Insurance Retention 52

Ongig

APRIL 10, 2024

Supporting your employees and providing them with opportunities for career development is essential for increasing employee satisfaction and retention. Support Entrepreneurial Skills for Career Development According to a 2021 report by McKinsey & Company, Black workers have higher unemployment and lower wages than other workers.

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Diversity Financial Groups SEO 59

Recruiting Daily Advisor

JANUARY 8, 2019

Source: KatarzynaBialasiewicz / iStock / Getty. Employee retention begins by creating a more compelling experience for every worker. According to Allegis Group’s “ Global Workforce Trends Report,” there is one takeaway for any employer that wants to hold onto its best workers: improve the employer-employee relationship.

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Retention Travel Enterprise Training 40

Recruiting Daily Advisor

FEBRUARY 28, 2020

Source: Vitalii Vodolazskyi / Shutterstock. Here are six actionable tips to consider when facing an M&A while navigating the risks involved in employee retention: 1. Offer A Retention Agreement or Incentive. Employee retention is a struggle for many companies. This incentive is merely that—an incentive.

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Retention How To Financial Culture 100

Visibility Software Recruiting

APRIL 16, 2024

Companies that invest in attracting and selecting the right candidates the first time around can avoid the financial burden associated with poor hires. A report reveals that companies with a formal talent acquisition strategy are more likely to outperform their competitors.

Talent Acquisition 62

Talent Acquisition Employer Branding Onboarding Assessment 62

The Staffing Stream

JUNE 23, 2022

During periods of economic uncertainty, employee retention is incredibly important — when workers feel their company isn’t stable, they’re more likely to leave. A Payscale report found that 44% of companies say pay is the reason they’re losing talent. Focus on equalizing pay to foster retention.

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Financial Retention Compensation Energy 88

Avature

DECEMBER 16, 2020

From the tactics we employ to cost effectively source and onboard our post-pandemic workforce, to the sudden primacy of dispersed teams and remote work, the trends that we are currently experiencing – and the ones we expect to soon take hold – will have a lasting impact on HR for years to come. doing more with less).

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Onboarding Trends Sourcing Talent Acquisition 52

Recruiting Daily Advisor

OCTOBER 6, 2023

This is how most businesses approach their operations, prioritizing customer satisfaction and retention to drive profitability. We unearthed this in our recent employee experience report which found that a third of business leaders feel they don’t understand what their employees want.

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Retention Culture Data Financial 72

Recruiting Daily Advisor

JUNE 11, 2019

Source: Rawpixel.com / Shutterstock. If you’re interested in attracting and retaining all ages, Mercer’s 2019 Global Talent Trends report reveals new insights and “rules” into how you should go about doing so. Here are a few key takeaways from the report: Baby Boomers. Look around your company. What do you see?

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Retention Compensation Report Trends 45

Vervoe

JULY 7, 2022

It’s about sourcing candidates with the relevant skills required to succeed in the role. In the current candidate short market, it’s more complicated than ever to source workers with the right skills. The impact of not finding the right candidate for a role is a costly financial burden to an organization. With 65.1%

Diversity 125

Diversity Financial Retention Linkedin 125

Recruiting Daily Advisor

NOVEMBER 18, 2020

Source: NiseriN / iStock / Getty Images. In fact, Mercator reports that 60% of the workforce in 2020 is unsure about their ability to handle economic uncertainty. If employees’ financial stressors aren’t addressed, the result is likely to be lower productivity and more frequent absences. Employees are also struggling.

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Financial Retention Compensation Benefits 111

Recruiting Daily Advisor

OCTOBER 14, 2020

Source: Willyam Bradberry / Shutterstock. Solution to consider: Bonfyre gives employees the digital space—separate from productivity tools—to create an inclusive community where employees feel like they belong, resulting in higher employee retention and satisfaction. Financial Wellness. Workplace Culture and Relationships .

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Mobile Financial Retention Diversity 129