In today’s competitive job market, companies cannot afford to overlook the importance of an efficient, well-organized hiring process. While many businesses are aware of the dangers of a slow hiring process, few fully understand the true cost of a bad hiring experience. In fact, the consequences of...
With recent reports highlighting widespread labor shortages across industries—from tech to retail—many companies are struggling to fill essential roles. The 2024 Labor Report found that over 40% of U.S. businesses have delayed hiring to cut costs. But while holding back on hiring may seem...
Poor management can drain a company’s resources faster than almost any other factor. Studies show that bad managers cost U.S. companies up to $360 billion annually due to turnover, productivity loss, and decreased engagement. Considering all the associated costs, replacing an employee who leaves...
In the wake of The Great Resignation and recent high-profile discussions around leadership challenges at major companies like Twitter (now X), the impact of toxic work environments on both talent and reputation has never been clearer. The pandemic reshaped how we think about work, pushing employees...
Turnover is one of those business expenses that can creep up on you. Sure, you’re aware of the obvious costs—recruiting, onboarding, training—but what about the ripple effects? According to SHRM, replacing an employee costs 50-60% of their annual salary. Add frequent turnover to the mix, and those...
Hiring skilled talent can be a daunting task for any business. Finding the right people can quickly become overwhelming from the expenses involved to the time it takes. Today, we’re breaking down the true cost of recruiting talent and exploring why choosing the right recruitment strategy is crucial...
Are you tired of watching your employees come and go faster than a sneeze during allergy season? Are you sick of spending time and money recruiting and training new hires, only to see them walk out the door a few months later? Well, buckle up, buttercup, because we've got some tips for you. In...
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The strategies that worked to attract, recruit, engage, and retain Generation Xers are ineffective with Millennials. Major studies have revealed that this generation, which now represents the largest share of the US labor market, is highly divergent from preceding generations in its attitudes...
For two decades, companies in the U.S. and around the world have been focusing on employee engagement as a means to improve talent acquisition and retention. Despite countless talent surveys and organizational research on this subject, global engagement scores have continued to remain at all-time...
What can you learn from that guy at work who always seems to get the plum assignments, or your co-worker who gets asked her opinion in every staff meeting? Plenty. There are certain types of employees who make a great impression on everyone, from subordinates to peers to executives. Here are three...
