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There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. workers quit their jobs in 2021, either to start a new one or to leave the workforce altogether. Given the number of workers that are quitting, it’s safe to assume that many of your employees are job seekers.
They increased workforce diversity by 6%, with new hire retention rates of around 90%. Recruiters can use benchmarks to write accurate jobdescriptions and speed up the selection process. Competency-Based Systems Improve Employee Retention Reduce the chances that you’ll lose your best people with competency-based hiring.
As workers continue to resign, the benefits of employee retention have never been so apparent and companies are naming retention a top priority this year. With 50% of CEOs saying that recruitment and retention are one of their biggest challenges in 2022, it’s time to turn to more creative ways to retain employees.
ClearCompany breaks down how an #ATS can help take your #recruitment strategies to the next level. Bonus Material: ClearCompany has helped countless companies achieve their recruiting, retention, and engagement goals. ClearCompany discusses why you should invest in an ATS on their latest blog: Pick The Right ATS For You.
As we begin another new year, we always take a look back at the numbers to see how far we’ve come at ClearCompany. We’ve surpassed one million active ClearCompany users, released our popular AI JobDescriptions tool , and helped our clients onboard more than 200,000 new hires.
It gives you the ability to provide excellent candidate and onboarding experiences, which improve retention. It’s when you determine what makes candidates a good fit for the role and start spreading the word about the new job opening. Then, write a jobdescription that accurately reflects the role and your company culture.
Within his previous roles before joining ClearCompany, Brian was tasked with developing and executing transformative talent growth strategies in the nation’s top tech hubs and creating programs for veteran and diversity hiring, employment branding, and campus recruiting. Brian Abraham, Director of Talent Acquisition, ClearCompany.
Highlight opportunities for growth and advancement on your career site, in jobdescriptions, and during interviews. Upskilling is a solid recruitment tool and an excellent way to drive long-term retention, especially of your most driven, high-performing employees. #2: Sign up for a demo today.
Learn more about why strategy is critical and how it impacts recruitment and retention. 85% of recent grads wont apply to jobs without a salary range. 85% of college seniors and recent graduates said theyre less likely to apply to jobs that dont include a salary range. Is your comp strategy holding you back?
This article by Guest Author Rachel Fletcher will show you how to calculate employee turnover rates and then walk you through a few steps to improve employee retention. Your jobdescriptions may need clarification or your onboarding process may need streamlining. Want to learn more about #Turnover at your company?
Custom Job Listings Basic jobdescriptions are no longer the standard — they should change based on where you’re advertising the job. For example, imagine you’re hiring for a role where new hires need little experience and will be trained on the job. Are new hire retention rates improving?
Improve your talent acquisition process, offer a top-notch candidate experience, and boost new hire retention with the right software. Those tools range from applicant tracking systems (ATS), where recruiters manage job openings and talent pipelines, to artificial intelligence (AI)-powered jobdescription generators and HR chatbots.
Your employer brand should shine wherever your company appears online: Company “About” page Dedicated careers page Jobdescriptions, posts, and ads Social media profiles What is Employee Engagement? It’s deeper than job satisfaction — highly engaged employees are interested in their work and feel a sense of purpose.
Evidence shows that DEIB leads to higher revenue, greater agility and creativity, and increased employee retention. Onboarding doesn’t just make them feel welcome —it builds relationships, encourages learning, makes people more productive, and increases retention rates. Unlock the power of inclusive onboarding!
In addition to increasing retention, hiring from within your company has lots of other benefits. If you’re doing a great job gathering internal candidates but failing to make many internal hires, you may need to strengthen your skills inventory to understand where your organization is lacking. Sign up for your personalized demo now.
An effective #OnboardingProcess can boost retention by 82% and build a more engaged workforce. Retain More New Hires Did you know an onboarding plan can increase employee retention by up to 82%? Streamlined onboarding reduces these costs by improving retention and minimizing HR overhead. Struggling with high turnover?
Learn more about itand see how ClearCompany is developing our own AI products responsibly in our two-part series: Part 1: Transforming HR with Responsible AI: ClearCompany's Approach and Vision Part 2: Developing AI Tools for HR: A Phased Approach 1. In manufacturing,turnover costs about 21% of an employee’s salary. Sign up today.
You could also send helpful content to help them land the jobs you’re recruiting for. Bonus tip : Nurture your prospects on social media too: Use images & videos for jobdescriptions/ads Employment-branded social media profiles & hashtags Share employee stories on social media platforms. L&D is a win-win.
Thanks to these retention challenges and widespread uninspiring onboarding experiences, employee onboarding is the top recruiting focus at 40% of responding companies in 2023. It could also point to an inaccurate jobdescription High new hire turnover under one manager might mean that the manager needs to up their participation in onboarding.
Find out in the latest post from @ClearCompany: What Is Talent Acquisition? Daily talent acquisition tasks include: Writing jobdescriptions and posting open positions. Your talent management strategy plays a critical role in employee retention : Highly engaged employees are five times less likely to quit.
The link between employer branding and employee engagement means that it also impacts employee retention, performance, and engagement during their tenure. Discover the importance of employer branding in talent acquisition and employee retention and gain valuable insights into creating a thriving workplace culture: 1.
Employee retention is still at the top of HR leaders’ priority lists in the second half of 2022 and the Great Resignation continues steadily, with one in five employees saying they’re considering switching jobs this year. Hang on to your valuable new employees with a hiring strategy that fosters new hire retention.
For example, recruiters should be spending more time evaluating candidates’ qualifications than they spend creating jobdescriptions. Bonus Tip: Use an ATS so you see only applicants whose qualifications match the jobdescription. Then, adjust your schedule to ensure you spend sufficient time on high-impact activities.
Staff retention : Healthcare sees some of the highest staff turnover rates of any industry, ranging from 19.5% Recruiters need to develop a strong employer brand that shines through in your jobdescriptions, on your career site, and in interactions with recruiters. On-the-job training. Make your brand stand out.
Millions of Americans are quitting their jobs this year: 3.98 With so many workers quitting, it’s imperative that companies strengthen their retention efforts to hold onto top talent. Many retention initiatives also serve as recruitment strategies, and employee development programs are one of those. million in July; 3.87
See more from @ClearCompany: Find The Right ATS. Build a branded career site and post jobdescriptions across various job boards with an ATS. An ATS also helps you keep your employer brand voice consistent across all job posts and hiring team communications. Retention rates. Quality of hire.
Help your #recruiting team find top talent fast with these 10 #candidatescreening questions from @ClearCompany: Try incorporating these ten effective screening questions into the interview process to see how candidates’ answers help you identify the best person for the job. What do you like most about your current position?
If your HR team is facing persistent recruitment and retention challenges, you aren’t alone. Then, we’ll cover five ways you can improve candidate experience and reap the rewards of increased retention and engagement, and solid company culture. Write Complete, Inclusive JobDescriptions. as many candidates.
We’ll also look at winning strategies health systems use for hiring and retention. Luckily, that means improving the work environment alone can improve recruiting and retention by leaps and bounds. Healthcare Retention Tip This strategy isn’t just for new hires. Did you know hospitals see 100% employee turnover every 5 years?
This post is Part 2 of a two-part series by guest author Charley Miller, Principal Product Manager at ClearCompany. Read Part 1: Transforming HR with Responsible AI: ClearCompany's Approach and Vision. In other words, ClearCompany is embedding AI safety within every stage of the development lifecycle. Measure twice and cut once.
Enhances candidate experience ClearCompany Cuts Hiring Time By Weeks ClearCompany recruiters are hiring in around 21 days compared to the industry average of more than 45 days thanks to our Talent Management software — find out how. Have you created career paths to promote employees internally and motivate growth and retention?
Download ClearCompany’s Employee Onboarding Checklist to create your own onboarding plan. Improves productivity and retention. The same research showed 50% higher employee retention among new hires after onboarding plans were implemented. You can improve your employee onboarding experience with ClearCompany.
.” - Carolina Valencia, VP Team Manager in HR, Gartner via Harvard Business Review When employees go the extra mile, expend discretionary effort, and perform duties beyond their jobdescriptions, it's both fair and practical to implement a system to reward and recognize their contributions.
Invest in Training and Development Making an investment in training and developing your employees might be the most valuable recruiting and retention strategy you can employ. Here’s how: Use AI assistance to write jobdescriptions in a fraction of the time.
They handle repetitive tasks like answering candidate questions, writing jobdescriptions, scheduling interviews, and guiding applicants through the hiring process. Your employees see that theyre valued and supported at your company, leading to higher engagement and retention. Want to give AI a try, risk-free?
Inaccurate JobDescriptions This is one of the scariest mistakes you may be making. Inaccurate jobdescriptions not only drive away great candidates — they attract the wrong ones, leading to expensive hiring mistakes and high employee turnover. ♂️ Is your HR strategy scaring off top talent?
Invest in Training and Development Making an investment in training and developing your employees might be the most valuable recruiting and retention strategy you can employ. Here’s how: Use AI assistance to write jobdescriptions in a fraction of the time.
Improve employee retention with In-house hiring can also keep annual hiring costs down since ATS subscription costs are typically far less and charge per user vs. per hire. With a modern hiring platform like ClearCompany, you can implement a consistent talent strategy, recruit top talent, and help employees do their best work.
You can leverage AI chatbots on your career site to direct job seekers to suitable jobdescriptions, answer questions about the application process, and provide information about company culture. That results in higher job satisfaction, reduced turnover, and a workforce deeply committed to the organization's success.
Using new strategies and incorporating new technology not only aids recruitment and hiring but also contributes to higher retention among both new and tenured employees. We’ve compiled these recruiting and hiring statistics to help you understand the current state of recruiting and the need for an outstanding candidate experience.
Increase employee retention and morale due to strong preferences for remote work. Whether it’s the careers page on your company website, the jobdescriptions posted on job boards, or sponsored social media posts advertising open positions, an ATS can help you present your employer brand accurately and consistently.
At ClearCompany, we focus on the future. 2023 was certainly a busy year for product development and new releases at ClearCompany. In addition to the incredible evolution of our product, ClearCompany launched a refreshed brand identity in 2023. Explore ClearCompany’s 2023 product journey!
That connection also increases retention, with employees 55% less likely to be looking for a new job. Tip: Ensure jobdescriptions and job interview questions use fair, gender-neutral language. When you do that, you’re imagining the organizational culture. And organizational culture matters: employees are 3.7x
Create and post social media ads to get in front of job seekers where they’re at. Learn how ClearCompany helps Monteith Construction’s HR team save 5-10 hours per week on their recruiting process. Onboarding your new hires is one of the best ways to increase retention, no matter your industry.
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