The latest thinking, news and events from the world of Recruitment

Pay Attention to Staff Retention: Employee Retention Tips

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The average millennial will only stay with an employer for a maximum of three years [1] – with the cost of replacing staff costing up to 200% of their salary thanks to recruiting fees and lengthy onboarding processes, being unable to retain your employees can be costly.

COMPANY CULTURE

By understanding the reasons behind employee turnover, you can devise recruitment and retention initiatives that will reduce turnover and increase retention [2]. A positive company culture where employees feel challenged and satisfied with their work is the obvious root to enhancing retention rates.

However, the individuals employed within your organisation should be assessed. By employing people for their ‘fit’ within the existing teams, you can reduce the risk of ‘troublemakers’ unsettling the ranks. As explained in our blog overlooking the recruitment process, if you allow your existing employees to have a say during the interview process, you are more likely to find a suitable recruit to fit into your company culture.

SOURCE: kallidus.com

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Kallidus software suite:

Recruit top talent, modernise learning and create a culture of transparent feedback and employee development from initial hire to high flyer.

What they offer

Whether you need a rich applicant tracking system (ATS) to recruit new talent, a modern LMS with award-winning content to engage learners, a performance management system to transform appraisals, 360 feedback to create a culture of continuous improvement or succession planning to identify internal talent, each product has been thoroughly user tested and designed to support every stage of the employee lifecycle.

Their software has the flexibility to be bought stand-alone or bundled together to help you achieve your HR and development goals at a pace that suits you.

 

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