2021 Knowledge Base Retention and Turnover 
HRExecutive
AUGUST 5, 2020
He predicts many organizations will continue to allow remote work even post-pandemic, and, thus “will have to be more aware about what this change means for recruitment, job satisfaction, performance and retention.” In fact, tech giant Google said in late July it will continue its remote work strategy until at least the middle of 2021.
Hppy
MAY 3, 2022
Billion by 2028, growing at a CAGR of 10.10% from 2021 to 2028. For example, a question about the company’s maternity leave policy – the employee can access a knowledge base in the HR help desk software where all HR policies are stored. . As per Verified Market Research , the HR Software Market size was valued at USD 15.59
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Hppy
JULY 31, 2023
According to LinkedIn Global Talent Trends , effective employer branding can lead to a 50% reduction in cost per hire and a 28% increase in retention rates. Furthermore, it led to a 20% increase in candidate quality and a 15% reduction in employee turnover. Airbnb is a global online marketplace for lodging and travel experiences.
Zenefits
MARCH 24, 2022
The Work Institute’s 2021 Retention Report found the top reason for employee’s premature departure from their company. In a good market, turnover is a problem. In a tight market, turnover can be devastating. In high churn industries, like retail and hospitality, turnover rates can be higher than 75% per year.
Powers Resource Center
AUGUST 25, 2022
Powers adds, “we are in a knowledge-based economy in which corporate valuation has shifted from physical assets, proprietary technology, or even customer base to human capital in assessing a company’s long-term value. The average cost to hire for a same position can be as high as 1.5 times their salary.
Engagedly
MARCH 25, 2022
Gallup – Employee Engagement Report, 2021 1 ). Higher engagement is also linked to increased productivity, reduced turnover, effective leadership, higher ROI, and overall happiness of the workforce. Employee Turnover Data Analysis. Also Read: 8 Companies that redefined their performance management system. Gallup 7 ).
ClearCompany HRM
MARCH 7, 2023
This post was originally published in January 2021 and updated to reflect the latest performance management trends in March 2023. knowledge workers are hybrid, going into the office at least one day a week, and around 20% are fully remote. It expands your employees’ knowledge base.
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