Practical HR Tips, News & Advice. Updated Daily.
We spend much of our adult lives going to work, and when you don’t like your coworkers, it makes staying at a company extremely difficult. Having workplace friendships is not only great for employee morale, but it’s great for employee retention. And if you can retain your workforce, it saves on having to recruit and […]
With the competition for talent being so fierce, employers need to show potential candidates that they value their employees’ hard work and talent retention is becoming a huge issue in the world of talent management. While this issue doesn’t directly impact recruiters, showcasing a company’s benefits package not only attracts potential candidates, it helps retain […]
The U.S. unemployment rate continues to edge down after months of impressive job growth, and nearly 90% of companies are either actively hiring or in retention mode. However, job cuts remain a reality for many American businesses. Industries currently leading the United States in the greatest number of job cuts for 2018 include retail (76K), […]
In a previous post, we discussed the high cost of turnover and recruitment and the need for businesses to make sound and lasting hiring decisions when possible to keep these costs to a minimum.
As Recruiting Daily Advisor has previously reported—and on more than one occasion—flexibility is a great way to attract candidates to your company. However, workers are also looking for companies that offer trust and the chance to grow and develop as professionals.
Unemployment is at record lows, and Baby Boomers are leaving the workforce at increasing rates. For companies that are struggling to fill roles, they should look to current employees to make lateral moves to help fill the void. However, companies need to know how to retain workers in order to keep them around.
When considering whether or not to stay with their current employer or look for a new job, 73% of respondents say the flexibility an employer offers aids in their decision.
Does your organization routinely conduct exit interviews with departing employees? Some employers swear this is a great way to garner knowledge about how to improve the organization and reduce future turnover. Others feel it’s unlikely to gain real insights because departing employees no longer have an incentive to help. Let’s take a look at some […]
Seasonal hiring has gotten even more challenging in recent years, as unemployment rates hover around historic lows and the number of jobs that have been added has increased. In certain markets and for high-demand skill sets, the unemployment rate is even lower—often less than 2%.
As we’ve previously reported, counteroffers to retain workers can backfire, leading the employee to leave your company within 2 years of receiving a raise. If you’re having trouble recruiting new workers to your company, try improving your talent retention strategy to keep your workers from jumping ship.