ApplicantStack

FEBRUARY 20, 2024

So, how can businesses improve employee retention and encourage qualified candidates to stick around longer? What Is Employee Retention and How Is It Calculated? Employee retention refers to the ability of an organization to keep its employees engaged and satisfied. Let’s say the company had 200 employees on Jan.

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Retention ApplicantStack Strategy How To 52

PandoLogic

JUNE 9, 2023

In 2023, the top recruitment metrics to track include time to hire, cost per hire, quality of hire, applicant sources, candidate experience, diversity and inclusion, and employee retention rate. Employee Retention Measures how long employees stay with the company.

Applicant Tracking Systems 73

Applicant Tracking Systems Retention Job Boards Diversity 73

Recruiters Lineup

AUGUST 3, 2023

This article highlights the top ten employee financial wellness platforms in 2023, focusing on their core features. Here are some of the top financial wellness tools for employees in 2023. This fosters loyalty and improves employee retention rates, reducing turnover costs. Transparent compensation. Offer peer support.

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Financial Software Tools eBook 73

Recruiting Daily

OCTOBER 20, 2022

However, recruitment and retention difficulties will not disappear as the unemployment rate is only projected to rise to around 4.5% in 2023 and labor supply remains challenged. Companies will need to prepare for continued labor shortages and further improve their sourcing and retention strategies to remain competitive.”

Engineering 92

Engineering Apparel Automotive Compensation 92

Slayton Search Partners

MAY 30, 2023

Now more than ever, retail leaders must adapt their recruitment and retention strategies accordingly to stabilize their workforce and access the talent they need to thrive. According to Deloitte , 70% of retail executives identified labor as the top challenge in 2023. The importance of staying agile must be reiterated.

Retail 52

Retail Retention Strategy Fashion 52

ExactHire Recruiting

JUNE 15, 2023

In fact, these are the top 2023 hiring challenges, along with insights to prepare for and fix them. Finding Top-Quality Candidates Another 2023 hiring challenge you’re likely facing involves finding top-quality and high-value candidates for your key positions. And today’s workforce and hiring environment are challenging.

Hiring 296

Hiring How To Social Media Job Descriptions 296

Viaduct

APRIL 26, 2023

Chief Executive Officers in the United States and worldwide feel that slow growth and a recession are their top external worry for 2023. leaders don’t expect economies to revive until late 2023 or mid-2024. Signs of a recession Almost two-thirds of economists surveyed by the World Economic Forum predict a recession in 2023.

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Retail Financial Guidelines Survey 93

Linkedin Talent Blog

JANUARY 11, 2023

But I also believe that 2023 will be the year that talent-related decisions — layoffs, hiring sprees, return to office, hybrid work, internal mobility, salary transparency, etc. Here are my five predictions for what talent teams will see in 2023: Prediction No. If nothing else, the coming 12 months promise loads of uncertainty.

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Talent Acquisition Mobile Social Media Job Descriptions 49

CareerPlug

FEBRUARY 20, 2023

It seems that this is one trend that will continue through 2023. We’re breaking down the hiring trends that will be most prominent in 2023 and sharing recruiting advice that will help you this year and beyond. We’ve long promoted this as a best hiring and retention practice, and expect it to continue gaining steam in the years to come.

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Trends Applicant Tracking Systems Hiring Candidate Experience 48

The Staffing Stream

MARCH 27, 2023

Pay transparency — the practice of making employee compensation figures visible to others, either internally, externally or both — is happening more than ever; in fact, laws are continuously being created to break the barriers of salary inequity. Rhode Island and Washington will be added to that list later in 2023.

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Sourcing Compensation Job Descriptions Retention 62

Recruiting Blogs

JANUARY 24, 2024

The subsequent Great Resignation, spanning from 2021 to 2022, brought a temporary reprieve as talent flocked back to the insurance sector, enticed by generous compensation packages and flexible work-from-home arrangements. The key lies in fully embracing a work-from-home model for the long term.

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Insurance Insurance Compensation Talent Acquisition 57

Recruiters Lineup

JANUARY 6, 2023

Talent Development Trends in 2023. Here are some key trends that are expected to shape the APAC talent acquisition landscape in 2023: 1. Employee development and retention: . Offer competitive compensation and benefits: . In order to attract top talent, companies must offer competitive compensation packages.

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Talent Acquisition Social Media Diversity Retention 80

Acara Solutions

NOVEMBER 7, 2023

Millennials are attracted to student loan compensation and remote work opportunities, while Gen Z values socially conscious employers and mental health awareness. Download a copy of our free E-Book today for more information on maximizing your organization’s talent attraction and retention success.

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Hiring Social Media Diversity Retention 97

4 Corner Resources Staffing Blog

JULY 24, 2023

Instead of just reporting to the C-suite, recruiting leaders will work hand in hand with company execs to make key business decisions, craft the employer brand and influence compensation packages, using their firsthand knowledge of what candidates want to drive the vision for the company’s future. Looking to enhance your staffing strategy?

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Compensation Employer Branding Screening Staffing 90

Broadleaf

DECEMBER 19, 2021

When the national labor shortage is combined with the declining value of the dollar resulting from inflation, it becomes clear why expectations around employee compensation are changing. To put things in perspective, compensation is now lower than it was in December of 2019. Trading Economics sees compensation trending up 3.6

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Hiretual

JULY 11, 2023

Register for hireEZ's Outbound RecruitCon 2023 >> Solutions The Outbound Recruiting Platform Connect jobs to people with an AI-powered approach for finding, engaging and hiring quality talent. Today's workforce values factors beyond just monetary compensation.

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Slayton Search Partners

JANUARY 25, 2023

Why Are 72% of Professionals Considering a Job Change in 2023? Of the professionals Slayton surveyed—most of whom were senior-level leaders and managers—72% reported they were seriously considering a job change in 2023. And do their answers hint at a better retention strategy? How Does Compensation Play a Role?

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Compensation Survey Retention Trends 52

The Staffing Stream

FEBRUARY 23, 2023

Recruiters and hiring managers are extremely comfortable talking to job candidates about their companies’ compensation, benefits and perks. Given facts like these, it’s crucial that you put your company’s values front and center in your 2023 recruiting efforts. That needs to change. In short, your values should be everywhere.

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Talent Acquisition Job Descriptions Survey Candidate Experience 64

Ongig

AUGUST 15, 2022

LinkedIn research shows 61% of applicants highlight compensation as the #1 part of a job description. Results show compensation remains the #1 driver in career opportunities across the board. Market pay drives employee retention. employers to boost 2023 pay raises (by WTW) Is salary important to workers?

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Job Descriptions Workable Compensation Study 72

Sparks Group Recruiting Blog

JUNE 7, 2023

From remote work options to competitive compensation, these are a few talent acquisition trends hiring teams can use to attract and retain highly qualified candidates. Depending on their task load and experience level, they also want to be properly compensated for their contributions and skillsets. Sources : 1 U.S.

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Talent Acquisition Trends Compensation Course 52

Recruiting Daily

MAY 20, 2024

Sample Offer Calculators: Tools estimate compensation packages, ensuring competitive offers. Internal Mobility and Career Progression: Guides support employee development and retention. Compensation and Benefits Data: Information ensures competitiveness in offer negotiations.

Social Media 85

Social Media Employer Branding Job Descriptions Banking 85

Recruiting Blogs

JANUARY 15, 2024

The subsequent Great Resignation, spanning from 2021 to 2022, brought a temporary reprieve as talent flocked back to the insurance sector, enticed by generous compensation packages and flexible work-from-home arrangements. The key lies in fully embracing a work-from-home model for the long term.

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Insurance Insurance Compensation Talent Acquisition 44

Hospital Recruiting

DECEMBER 28, 2022

With 2022 coming to a close and 2023 right around the corner, we’d like to take a moment to recap the best blogs HospitalRecruiting that were published this year. What is the compensation for this job? High EI has a ripple effect on employee retention. Career development is a retention tool. Author: Shani Saks, DO.

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Healthcare Resources Emotional Intelligence Training 88

SmartRecruiters

MAY 31, 2024

Promote competitive compensation packages, growth prospects, and a positive work environment to stand out to job seekers in search of fulfilling careers. In 2023 alone, turnover in the leisure and hospitality industry was estimated at 79% , which is significantly higher than the national average across all industries.

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How To Emotional Intelligence Tourism Diversity 62

Broadleaf

NOVEMBER 14, 2023

The current state of employee engagement The Gallup State of the Global Workforce: 2023 Report found that 59 percent of employees worldwide are not engaged, and 18 percent are actively disengaged, costing the global economy $8.8 These workers are “filling a seat but have yet to take ownership of their work.

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Talent Acquisition Social Media Culture Media 79

CareerPlug

JANUARY 4, 2024

2023 was a year of both successes and lessons at CareerPlug, as we continued to grow, change, and strive to make our product and company better. The state of hiring in 2023 The job market has stabilized and recovered from pandemic shakeups, and the unemployment rate hit a nearly 55 year low in 2023.

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Applicant Tracking Systems Job Descriptions Education Retention 26

The Staffing Stream

MAY 30, 2023

We’re seeing a boost in employee satisfaction, talent retention and financial impact for both you and your staff! Whether you need embedded workers’ compensation containment programs, workplace misconduct mitigation programs or an MEC plan, we’ve got you covered. The best part? And the best part?

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Healthcare Insurance Insurance Financial 51

Homebase

JUNE 9, 2024

Employees working (Monthly change in 7-day average, relative to January 2024) Hours worked (Monthly change in 7-day average, relative to January 2024) Note: Data compares rolling 7-day averages for weeks encompassing the 12th of each month.April 2023 data encompasses subsequent week to account for Easter holiday. Source: Homebase data.

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Small Business Report Hiring Survey 40

4 Corner Resources Staffing Blog

MAY 8, 2023

It includes tangible factors, like compensation and benefits, and intangible ones, like company culture and brand values. Importance of a Strong EVP Strengthen talent acquisition and retention You want to create a strong EVP to help you attract and retain great employees. What is an Employee Value Proposition?

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How To Employer Branding Benefits Insurance 79

Zartis

FEBRUARY 16, 2023

On January 25th 2023, we organised an event in New York , where leaders from various tech companies discussed the topic of Creating Blended Teams: How to Make Staff Augmentation Work. Communication: Good English among supplier engineers is important to ensure smooth collaboration and to avoid misunderstandings.

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How To Travel Engineering Culture 52

Vervoe

NOVEMBER 6, 2024

Industry evolution and advancement According to a 2023 World Economic Forum report , over 85% of organizations surveyed see new technologies and digital access as key drivers of transformation in their organizations. As a result, there are very few experts in these areas compared to general skills, making for a smaller talent pool.

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Hiring Assessment Job Descriptions Job Boards 62

Linkedin Talent Blog

APRIL 2, 2023

As noted in the sixth prediction of LinkedIn’s new 2023 Future of Recruiting report , hiring leader Glen Cathey believes it will lead recruiters to focus on the most human parts of their jobs — like listening to candidates, understanding what they want, and practicing empathy. The error here is more a matter of emphasis.

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Data Comparison Compensation Policies 49

Slayton Search Partners

DECEMBER 12, 2023

As competition for top talent grows, PE firms must reevaluate their leadership needs and strengthen retention strategies. Simultaneously, sellers have been dissatisfied with declining profit margins, largely caused by rising interest rates, which has contributed to a 63% slump in deal volumes between 2022 and 2023.

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Retention Talent Acquisition Diversity Strategy 45

HackerRank

MARCH 5, 2024

Roles like back-end and front-end developers were the most in demand for 2023. To attract top developers, your offer will need to meet or closely match their compensation expectations. During recruitment, aim to understand candidates’ overall compensation preferences, including benefits and flexible hours.

Compensation 62

Compensation Culture Engineering Policies 62

Linkedin Talent Blog

MAY 30, 2023

It’s no surprise then that LinkedIn's Workplace Learning Report identified upskilling employees as a top focus area for L&D in 2023. Boost employee retention Most organizations (93%) are concerned about employee retention. What is upskilling? Providing learning opportunities” is the No.

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Retention Talent Acquisition Compensation Course 49

Ongig

JUNE 30, 2022

Without the geographical constraint, he believes compensation will be directly related to roles instead of the role + location. Hiring and onboarding new employees is expensive, making retention a big concern. You can add offices and other locations, but true diversity [comes] from a diverse set of communities.”

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Diversity Job Descriptions Survey Sourcing 59

Workable

MAY 24, 2023

Here, we discuss recruitment compliance in 2023, so you can ensure your business stays compliant, and attracts the top talent in your industry while avoiding any compliance and discrimination pitfalls. Why recruitment compliance is important in 2023 Recruitment compliance is more important than ever in 2023.

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Job Descriptions Guidelines Data Interviews 127