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.
Tag: New Hire Retention
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 […]