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6 Tips to Lower the Cost of Operating a Franchise

PandoLogic

Franchise/Royalty Fees: Franchise fees are the fees that are charged by a corporation to use the name and operating system of their business. There are high turnover rates in franchise businesses due to the nature of the industry and its workforce, which includes many entry-level, part-time, or temporary positions.

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4 Benefits of Competency-Based Hiring | ClearCompany

ClearCompany HRM

Empower your recruiters and hiring managers to make smarter hiring decisions with a competency-based system. A competency-based recruiting system standardizes core competencies for every role to help recruiters and hiring teams better understand the qualities of a best-fit candidate. Did You Know?

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Engaging Passive Candidates in Your Recruiting Process

PandoLogic

By developing a separate recruitment strategy that specifically focuses on engaging more passive individuals, companies can access untapped talent pools, expand the diversity of their workforce, and optimize their chances of attracting the best possible candidates. This can lead to lower turnover and higher retention rates.

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What is employee recruitment? Stages, channels, and strategies

Achievers

Employee recruitment efforts widen the pool of potential candidates, allowing organizations to more easily find the candidates they need while tapping into more diverse skill sets and perspectives. The vacancy may have arisen due to organizational expansion, turnover, the creation of a new position, or other factors.

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Top 12 Proven Employee Retention Strategies

Terryberry

Employee retention is a hot topic in the world of human resources. It's no secret that employee turnover can be costly for businesses - both in terms of money and lost productivity. Without engagement, retention becomes even more of a challenge. What is Employee Retention and Why is it Important?

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Employee wellbeing: How to keep employees happy and healthy 

Achievers

However, with these challenges come opportunities to leverage new technologies and new ways of thinking to elevate employee wellbeing like never before. Your company should also examine statistics on productivity levels and turnover rates to gain insights into broader dynamics that influence employee wellbeing.

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People Analytics: The Key to Understanding Talent Retention

Hire Road

Talent retention is a critical aspect of HR. But they often struggle with: Identifying the root causes of high turnover Implementing effective strategies to boost talent retention But fear not! In this article, we’ll discuss how people analytics can transform your talent retention efforts. HR operations know this.