Remove ApplicantStack Remove Retention and Turnover Remove Training
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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. Training and Development Tools : Offers integrated modules for compliance and role-specific learning, simplifying early training sessions.

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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.

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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.

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How AI and HR Technology Are Revolutionizing Recruitment and Hiring

ApplicantStack

According to a 2023 survey by Eightfold AI , HR leaders believe that AI can have the greatest impact on recruitment and talent acquisition (45 percent), employee onboarding and training (26 percent), and performance management (8.7 AI offers innovative solutions to proactively address and boost employee engagement and retention.

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Calculating Your Recruitment ROI

ApplicantStack

It could include productivity numbers, company revenue increases, targets reached, project completions, client acquisitions, product development, brand visibility, process improvements, or morale benefits that aid retention. New Hire Turnover Rate: the time a new employee remains at the job for which they were hired.

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Skills-Based Hiring: Communication

ApplicantStack

Skills-based hiring puts these crucial abilities front and center, helping companies build stronger teams and reduce turnover. Companies using this strategy report better employee performance, increased diversity, and improved retention rates. Poor communication in customer service directly impacts customer satisfaction and retention.

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Managing a Staffing Shortage

ApplicantStack

Still, if your business has experienced more turnover than you’d like, those statistics may be cold comfort. You may find that an influx of newly-trained employees allows some company reorganization. Use the right tools With ApplicantStack, you can shorten the time to hire while reaching a wider pool of qualified candidates.