Onboarding can make or break any new hire. If you aren’t properly onboarding your new staff, these workers may become a flight risk. New research from Hibob, an HR tech platform, reveals that 64% of new employees are less likely to stay at a job after a negative onboarding experience.
Tag: New Hire Retention
According to studies, 40% of employees leave almost right after they start a new job, and an additional 10% to 20% of new hires leave an organization within their first year of employment. That means nearly 50% to 60% of employees will leave an organization within their first year of employment.
With graduation season right around the corner, a new crop of Gen Z students are poised to join the workforce, and companies are fighting harder than ever to hire them. As this generation is quickly becoming one of the largest shares of the American workforce, it is forcing companies to reevaluate their accustomed ways of […]
Competition for talent is fierce. Unemployment rates hover near historic lows around the world, new technologies are raising the demand for new skills, and older workers are retiring at a rapid pace. As a result, employers need every advantage they can gain in competing for workers, and that includes protecting the talent they already have.
In part one of this article, we covered the top three trends that are expected to dominate the 2019 workforce. Here, we’ll cover four additional trends you should be aware of in the year ahead.
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%.
Employee unhappiness and disengagement cost companies in the U.S. between $450 and $550 billion a year, making it essential to understand what incentivizes employees to come on board and stay.
Yesterday’s Advisor began to explore some advice from Cathy Gray, JD, Senior Managing Editor of HR and Compensation here at BLR®, on recruiting metrics. Today, we’ll continue to explore how to make the most of your recruiting metrics. Quality of Hire When we look at quality of hire, we’re getting into metrics that look at […]