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Efficient Background Checks a Must as Hospitality Preps for Peak Travel Months

Sterling Check

The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. Partnering with a background screening and identity verification provider helps organizations strike the right balance between faster time to hire and a safe workplace. Retention Strategies are a Must.

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How To Set Your Recruitment Goals In 2024

Analytics in HR

Talent retention : For example, improve employee retention rates. Pinpoint the areas where recruiting strategies fell short of expectations (for instance, high turnover rates or long hiring delays) and flag those areas for improvement in the new year. Use metrics to evaluate your past performance.

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The Hidden Cost of Quiet Quitting: Strategies to Address this Growing Trend

EmployeeConnect

The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. This can result in a need for rapid recruitment and additional costs related to advertising, screening, and interviewing candidates. This can include promotions, compensations , bonuses, or other incentives.

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HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

Difference between attrition and turnover Types of attrition Factors impacting attrition How to calculate employee attrition rate The risks of high attrition rate for the business How to identify and analyze a high attrition rate HR strategies for reducing attrition rate What is attrition rate? Contents What is attrition rate?

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

Analytics in HR

Example: Annual employee turnover rate.) This reduced the number of hours and staff required to screen applicants effectively. With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards.

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What Is Human Resources?

Analytics in HR

Recruitment and selection – Attracting and hiring applicants that are best for the job, which involves many steps: writing job descriptions, screening resumes and shortlisting candidates , conducting job interviews, creating job offers, and onboarding the selected candidate.

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Beyond the bonus: Innovative ways to reward and recognize employees

Keka HR Blog

Could there be anything more motivating than financial incentives? A Mckinsey study rated praise and acknowledgment from the top management as the ultimate performance motivators, surpassing even financial incentives. They help increase employee engagement, improve retention rates and positively impact the company culture.