Remove 2022 Remove Payroll Remove Recruiting metrics
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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Understanding the financial implications of hiring decisions allows HR to strategically place the right talent in the right roles, ensuring that the workforce operates at peak efficiency. HR and finance must strategically align their initiatives to ensure that cost control measures do not compromise talent acquisition.

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Why Home-Based Care Needs Regular HR Audits 

MP Wired For HR

Enhancing Recruitment and Retention The turnover rate for caregivers is alarmingly high, often exceeding 70% in some regions. This translates to significant costs for companies, with estimates suggesting each turnover can cost over $3,500 [Source].

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Seasonal Workforce Simplified: A Blueprint for Employers 

MP Wired For HR

Recruitment and Onboarding: Getting the Right People Fast Targeted Recruitment: Partner with local schools, community organizations, or staffing agencies to attract qualified seasonal workers. Efficient Onboarding: Speed up the process with comprehensive training modules and mentors to guide new hires.

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What’s keeping HR up? 5 key takeaways about changing priorities

HRExecutive

While hiring and retaining key talent again claimed the top spot among HRs challenges, human resources continues to broaden its aperture, seemingly driven by external shifts. In 2022, for example, nearly 50% of HR professionals surveyed were focused on hiring and retention, a figure that dropped to 36% the following year and 32% in 2024.

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Time to Hire: Why Hiring Speed Matters, and How to Boost Yours

Zenefits

Hiring takes time, but taking too long can be detrimental to your business and brand. As the demand for highly qualified candidates increases, expediting time to hire becomes even more crucial for companies that wish to stay competitive. You can get a leg up on the competition by shortening your time to hire.

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5 Challenges Human Resources Is Facing in 2022 — and How to Overcome Them

Zenefits

Unfortunately, these disruptions are set to continue throughout 2022. According to HireVue , 55% of employers have reported higher turnover in 2022 than in 2021. For starters, the costs of recruiting, onboarding, and training new employees can add up quickly, especially when positions need to be filled regularly.

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Top Ways to Leverage Technology for Workforce Planning 

MP Wired For HR

By tracking these metrics, HR teams can make proactive decisions about hiring, training, and compensation. For instance, analytics can help identify when a department is likely to experience turnover, enabling HR to initiate recruitment strategies before a vacancy arises.