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Recognition Boosts Employee Engagement and Productivity | ClearCompany

ClearCompany HRM

This post was originally published in October 2019 and updated in July 2022 to reflect new information about how employee recognition impacts employee engagement and productivity. A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. trillion globally. 23% more profitable.

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Top 8 Ways to Find the Best Employees

Hppy

Use Employee Referral Programs The principle behind employee referrals is simple: encourage current employees to refer candidates they know to the company for open positions. Employees are often hesitant to refer to poor candidates as their credibility is also at stake. Referred candidates are 2.6%

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The Benefits of Benchmarking Communications Results

PoliteMail

Benchmarking compares an organization’s performance — using metrics and key performance indicators (KPIs) – to standardized data from the historical performance within your own company or other companies within your industry. Let’s look at how to leverage benchmark data to create a more analytical corporate communications program.

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Benchmarking in Hiring: What is it and Why is it Important?

McQuiag

One way to streamline the process and reduce costs is through job profiling, or benchmarking. In this article, we’ll explore what benchmarking is, why it’s useful, and how McQuaig can help organizations define the ideal characteristics required for a specific role. What is Benchmarking?

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

This has a significant impact on organizational performance , leading to as much as a 25% rise in business productivity, a 50% decrease in attrition rates, and an 80% increase in recruiting efficiency. HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data.

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Top Things You Need to Know About Direct Sourcing

Recruiters Lineup

Access to better quality products: Direct sourcing can help businesses to access better quality products and services, as they are able to work directly with suppliers to develop customized solutions that meet their specific needs What are the Challenges of Direct Sourcing? One example of direct sourcing is through employee referrals.

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The Importance of Employee Retention: Boosting Productivity and Cost Savings

Unicorn HRO

The Importance of Employee Retention: Boosting Productivity and Cost Savings The efforts put into retaining employees not only yield increased productivity but also lead to cost savings. Defining Employee Retention Employee retention refers to an organization’s ability to effectively retain its workforce.