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How to reduce new hire turnover

Workable

This awkward situation is called new hire turnover. New hire turnover is common. About 20% of employees leave within their first 45 days of employment. Although there’s no explicit definition, “new hire turnover” usually refers to the number of employees who leave a company within their first year on the job.

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Employee Retention is Everyone’s Responsibility

HR Bartender

I came across this article recently on Undercover Recruiter titled, “ Why Employee Retention Should Be a Talent Acquisition Responsibility ”. My takeaway was that talent acquisition professionals play a role in employee retention. Lastly, they make sure the transition from candidate to employee is a smooth one.

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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Why has finding and holding onto talented employees become so complicated? Why is that?

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5 Strategic Staffing Tips for Small Businesses

PandoLogic

Strategic Staffing for Small Businesses Depending on who you ask, you may get different answers regarding the definition of strategic staffing. It can be a way to utilize full-time employees as your core while bringing on temporary employees to handle short-term projects.

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PEO Companies Vs. 4 Alternatives

Genesis HR Solutions

Professional Employer Organization (PEO): A Definition. Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEO companies provide to growing businesses across the country.”. How PEO Companies Compare To 4 Alternatives. Download Everything You Need To Know About PEOs!

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Your next mental health action: Ensuring a culture of psychological safety

HRExecutive

But psychological safety can be a powerful tool in improving employee wellbeing, supporting diversity, equity and inclusion (DEI) , and driving productivity, innovation and other critical goals. It can also contribute to a lack of retention and an increase in turnover. Psychological safety also affects employee wellbeing.