ApplicantStack Compensation Retention 
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. Unsustainable work expectations.
ApplicantStack
FEBRUARY 2, 2024
A tool like ApplicantStack can further reduce the time required for posting available positions, organizing the applicants’ information, and keeping a detailed log of communication. Allow employees to be heard by management on concerns of compensation. A dedicated TA department will review and evaluate each hire.
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ApplicantStack
AUGUST 29, 2023
But why is employee retention important and what can your business do to protect against high attrition rates? The Great Resignation “The Great Resignation” is a key example of why retention is critical to a successful workforce. This event refers to the sudden boom in employee resignations that took off in April 2021.
ApplicantStack
AUGUST 8, 2023
In a competitive job market, standing out as an employer can make a big difference in recruiting efforts and employee retention rates. A more engaged team Employee engagement is more essential than ever, as engagement rates directly correlate with employee retention and productivity numbers. A strong EVP can contribute to engagement.
ApplicantStack
MARCH 12, 2024
Employee retention is a concern in companies of all sizes, but for small businesses, it’s especially vital to avoid costly disruptions. More than just offering a bonus or a perk here or there, employee retention practices start with the first job posting and go well beyond the interviews and job offers.
ApplicantStack
JUNE 11, 2024
Beyond compensation and standard benefits like health care, other incentives might include career development opportunities, recognition with bonuses, a path to career advancement, work-life balance rewards like gym memberships, generous paid time off policies, or remote work flexibility. Craft an Employee Value Proposition.
ApplicantStack
OCTOBER 1, 2024
We’re outlining three proven methods for boosting retention and keeping employees happy in their roles. Maintain Transparency around Compensation Even if your company takes pride in offering fair or competitive compensation, employees may still feel like they aren’t being paid enough.
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