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Its benefits range from eliminating bias to decreased employee turnover rates. Let’s take a closer look at five of the benefits of competency-based hiring during the recruitment process and beyond. They increased workforce diversity by 6%, with new hire retention rates of around 90%.
There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. So, refresh your employee retention strategies for 2022 by tuning into the job market and the demands of today’s labor market. Offer Competitive Compensation and Benefits. An estimated 38 million U.S
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Although this is an obvious answer to solving talent acquisition and retention challenges, it has proven to be one of the most effective. According to research conducted by ClearCompany, 94 percent of employees said they would stay at a company longer if their employer invests in their career. Increase wages and pay.
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Invest a little extra time in your new hires with structured onboarding and reap the benefits. To encourage employee productivity, retention , and engagement, every company should be able to check off each of these steps to a successful employee onboarding program. Employees are 3.4x What Is an Employee Onboarding Process?
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Find out how #StayInterviews can help prevent turnover in @ClearCompany’s latest post: What does that mean for HR teams? They’re renewing their focus on employee retention to keep valuable top talent at their organization. More Employee Retention Resources. Employee Retention: How to Retain Top Talent in 2022.
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Your process can increase engagement and boost retention. The benefits of a performance management process are many, and there’s plenty of evidence to back them up. Improves Employee Retention : It’s never a good time to lose your valuable employees, but that goes double during a skilled labor shortage.
ClearCompany is thrilled to share that we have recently been recognized for our outstanding company culture and for product excellence by several prestigious organizations! ClearCompany earned recognition as a top HR software solution on prominent software review lists. ClearCompany is a 2021 Great Place to Work, according to @GPTW_US!
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