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How To Improve Employee Retention: 5 Strategies for Success

ApplicantStack

So, how can businesses improve employee retention and encourage qualified candidates to stick around longer? What Is Employee Retention and How Is It Calculated? Employee retention refers to the ability of an organization to keep its employees engaged and satisfied. Unsustainable work expectations.

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5 Reasons to Invest in Talent Acquisition

ApplicantStack

A tool like ApplicantStack can further reduce the time required for posting available positions, organizing the applicants’ information, and keeping a detailed log of communication. A tool like ApplicantStack produces detailed reports that give your company valuable data. A dedicated TA department will review and evaluate each hire.

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Giving Thanks for Improved Onboarding Practices

ApplicantStack

Every new hire goes through some type of onboarding process but a more robust experience can have a significant positive impact on retention and satisfaction. Enhanced retention Retaining top talent can be a real challenge but onboarding may be the secret sauce your company is currently not using.

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Retain Your Talent: Proven Methods to Reduce Employee Turnover

ApplicantStack

But why is employee retention important and what can your business do to protect against high attrition rates? The Great Resignation “The Great Resignation” is a key example of why retention is critical to a successful workforce. This event refers to the sudden boom in employee resignations that took off in April 2021.

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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.

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A Look Back at the Top Hiring Challenges of 2023

ApplicantStack

Internal mobility is a significant factor in employee retention and loyalty, so creating and offering opportunities for existing team members to advance are essential in your strategy. When these elements are lacking, people often look elsewhere, resulting in higher employer turnover rates. working in such roles.

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Your Guide to Creating a Career Development Program

ApplicantStack

Career development is an excellent investment in employee retention. Achieving 100 percent employee retention isn’t practical or possible, but aiming for as little turnover as possible helps your company avoid costly disruptions. Career development programs rank as one of the valuable tools to boost retention.