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What Are the Hidden Costs of Employee Referrals?

Newton Software

Studies have found that referrals offer: -Higher quality candidates -Higher retention rates -Reduced time-to-hire -Cheaper acquisition costs For these reasons, at Newton, we believe that a well-thought-out employee referral program […]. appeared first on Newton Software.

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Millennial Retention: 4 Ways To Win Their Loyalty

Newton Software

We’re defining four key ways companies can amplify millennial retention. A study by Working Families and Bright Horizons found that 41% of millennials want to downgrade their careers in order to feel less stress. It’s obvious why a generous vacation policy helps millennial retention. Combat Stress with Wellness Perks.

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How to Create an Employee Retention Plan

Newton Software

An employee retention plan will ensure you reduce employee turnover and keep top talent at your company. In this post we will discuss the challenges surrounding retaining employees, why retention is important and how to create a retention strategy for your business. Why Retention is Important. Environment. Request A Demo.

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Does Your ATS Software Integrate With Pre-Hire Assessments?

Newton Software

Studies have shown that résumés and job applications, which are the most used candidate screening tools, have very little predictability on whether or not a candidate will succeed in a given position. – Coaching Suggestions Designed to Boost Retention Rates. NOT A NEWTON CUSTOMER? appeared first on Newton Software.

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Benefits of Using an Applicant Tracking System for Recruiting

Newton Software

This is the case for about one-third of all applicants , according to studies. Improves Employee Retention. The system boosts employee retention as a better matching candidate is likely to stay with you for a long time which is beneficial for both employer and employee.

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Using Pre-Hire Testing & Assessment When Hiring

Newton Software

Because of this, many employers have adopted a customized approach to interviews, often including a brief project, test, or working “case study” as a part of the recruitment process. Tests and case studies don’t truly show the full picture of the candidate, nor do they capture whether the candidate is likely to succeed and stay in the role.