Skilled Sales Talent Is Hard to Come By, Expensive to Replace
A new study finds that keeping skilled sales talent is a struggle for many employers, and when a skilled sales rep leaves the company, it’s even more expensive to replace him or her.
Tag: Employee Retention
7 Tips to Improve Experience for Talent Retention
With unemployment low and turnover high, employers are looking for ways to improve employee retention. One thing employers can do is to focus on the employee experience.
Workplace Friendships are Great for Retention
We spend much of our adult lives going to work, and when you don’t like your coworkers, it makes staying at a company extremely difficult. Having workplace friendships is not only great for employee morale, but it’s great for employee retention. And if you can retain your workforce, it saves on having to recruit and […]
Offering a Better Work/Life Balance Is Crucial for Talent Retention
With the competition for talent being so fierce, employers need to show potential candidates that they value their employees’ hard work and talent retention is becoming a huge issue in the world of talent management. While this issue doesn’t directly impact recruiters, showcasing a company’s benefits package not only attracts potential candidates, it helps retain […]
Strategies for Rethinking Job Creation in the Digital Age
The U.S. unemployment rate continues to edge down after months of impressive job growth, and nearly 90% of companies are either actively hiring or in retention mode. However, job cuts remain a reality for many American businesses. Industries currently leading the United States in the greatest number of job cuts for 2018 include retail (76K), […]
How to Avoid Fast Turnover with New Hires
In a previous post, we discussed the high cost of turnover and recruitment and the need for businesses to make sound and lasting hiring decisions when possible to keep these costs to a minimum.
Trust, Flexibility, and Career Opportunities Key to Attracting Talent
As Recruiting Daily Advisor has previously reported—and on more than one occasion—flexibility is a great way to attract candidates to your company. However, workers are also looking for companies that offer trust and the chance to grow and develop as professionals.
Pay, Perks, and Job Satisfaction: 5 Tips for Attracting and Retaining Workers
Unemployment is at record lows, and Baby Boomers are leaving the workforce at increasing rates. For companies that are struggling to fill roles, they should look to current employees to make lateral moves to help fill the void. However, companies need to know how to retain workers in order to keep them around.
Offering Flexibility Is a Great Way to Attract Top Talent
When considering whether or not to stay with their current employer or look for a new job, 73% of respondents say the flexibility an employer offers aids in their decision.
Exit Interviews: Pros and Cons
Does your organization routinely conduct exit interviews with departing employees? Some employers swear this is a great way to garner knowledge about how to improve the organization and reduce future turnover. Others feel it’s unlikely to gain real insights because departing employees no longer have an incentive to help. Let’s take a look at some […]