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How to Create a Successful Hiring Timeline | ClearCompany

ClearCompany HRM

It gives you the ability to provide excellent candidate and onboarding experiences, which improve retention. That’s significant considering employee turnover can cost up to two times their salary. Create a hiring timeline to keep your process on track and reduce employee turnover. What are your new hire turnover rates like?

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Recognition Boosts Employee Engagement and Productivity | ClearCompany

ClearCompany HRM

A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. High employee turnover rates lead to increased hiring costs, which can be as much as two times the employee’s salary. 18% lower turnover for high-turnover companies. 43% lower turnover for low-turnover companies.

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7 Employee Engagement Strategies for 2022 | ClearCompany

ClearCompany HRM

Check out @ClearCompany's latest post for more: 1. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. Regular feedback can lead to nearly 15% lower turnover, and as we know, a great majority of employees want more feedback. Be Transparent.

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Importance of Construction Workforce Planning | ClearCompany

ClearCompany HRM

Whether navigating tight deadlines, overcoming skill gaps, or managing labor costs, ensure you have the right place to tackle any construction challenge with workforce planning. Workforce management tasks include recruiting, hiring, training, scheduling, performance evaluations, engagement, and retention.

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5 Advantages of Internal Recruitment | ClearCompany

ClearCompany HRM

And it’s not all talk — one in two companies has a turnover rate of 15% or more , while one in five reports a rate of 30% or more. In addition to increasing retention, hiring from within your company has lots of other benefits. Is your organization finding the right balance between internal and external talent? 47% of U.S.

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Using the 9-Box Grid Performance Management Strategy | ClearCompany

ClearCompany HRM

Without them, you’re at risk of disengagement and turnover among your workforce: 63% of people who recently left a job say a lack of opportunities played a role in their decision to leave. So how do you use employee development budgets wisely and make good investments in promising top talent?

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7 Surprising Benefits of Employee Turnover | ClearCompany

ClearCompany HRM

According to HR Executive, 86% of HR leaders say they’re putting more effort into employee engagement to improve retention this year. So, HR is in overdrive, calculating employee turnover rates and strategizing long-term engagement and retention plans. But turnover is inevitable — and in some cases, it’s not all bad.