article thumbnail

10 best Employee Onboarding Software in 2024

Vantage Circle

Research shows that effective onboarding processes can boost retention rates by 82% and improve productivity by over 70%, highlighting just how critical this phase is to long-term success. ApplicantStack : Best new hire onboarding software and for creating customizable, straightforward onboarding workflows.

article thumbnail

6 Qualities of a Great Employer

ApplicantStack

Their findings suggest that strategic importance of employees compared to other stakeholders was vital to employee retention and satisfaction. According to a Quantum Workplace study , employers who offer formal recognition for good work have a 31 percent lower turnover margin than those without.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Investing in Professional Employee Development Supports Retention

ApplicantStack

While factors like competitive salaries, workplace culture, and flexible work arrangements play a crucial role, professional development is emerging as a cornerstone of employee satisfaction and retention. Explore how investing in professional development can boost employee retention.

article thumbnail

Reducing Employee Turnover: 3 Proven Methods

ApplicantStack

As we move toward 2025, many employers have renewed their focus on reducing employee turnover. We’re outlining three proven methods for boosting retention and keeping employees happy in their roles. The Effects of High Turnover Rates A high employee turnover rate creates a ripple effect that impacts nearly everyone in the organization.

article thumbnail

How to Create an Employee Referral Program (And Why it’s Worthwhile)

ApplicantStack

This alignment can improve team cohesion and reduce turnover due to cultural mismatches. Look at key metrics, including the number of referrals, time-to-fill, and retention rates. The post How to Create an Employee Referral Program (And Why it’s Worthwhile) appeared first on ApplicantStack.

article thumbnail

How AI and HR Technology Are Revolutionizing Recruitment and Hiring

ApplicantStack

From selecting the right candidate for a specific role to improving onboarding and retention plans, AI can collect and analyze complicated data to empower more informed decisions. Optimized Employee Engagement, Retention, and AI Retaining productive employees and reducing turnover is just as essential as recruitment and hiring.

article thumbnail

Exit Interview Questions That Get Honest Answers

ApplicantStack

These insights can reshape your retention strategy. If you were in charge of improving employee retention, what would be your top three priorities? Focus on issues that affect retention, productivity, or employee satisfaction broadly. Remember, the goal isn’t to prevent all turnover. Why or why not?