Remove ApplicantStack Remove Metrics Remove Retention and Turnover
article thumbnail

5 Reasons to Invest in Talent Acquisition

ApplicantStack

A tool like ApplicantStack can further reduce the time required for posting available positions, organizing the applicants’ information, and keeping a detailed log of communication. A tool like ApplicantStack produces detailed reports that give your company valuable data. Hire Metrics” gives percentage hired, among other metrics.

article thumbnail

10 best Employee Onboarding Software in 2024

Vantage Circle

Research shows that effective onboarding processes can boost retention rates by 82% and improve productivity by over 70%, highlighting just how critical this phase is to long-term success. ApplicantStack : Best new hire onboarding software and for creating customizable, straightforward onboarding workflows.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retain Your Talent: Proven Methods to Reduce Employee Turnover

ApplicantStack

But why is employee retention important and what can your business do to protect against high attrition rates? The Great Resignation “The Great Resignation” is a key example of why retention is critical to a successful workforce. This event refers to the sudden boom in employee resignations that took off in April 2021.

article thumbnail

Employee Onboarding 101: What, Why, and How

ApplicantStack

A positive first experience also sets the tone with your company, which can play a role in employee retention and loyalty rates. Increase employee satisfaction and retention Here’s a statistic that might surprise you: Great onboarding can boost employee retention by 82 percent.

article thumbnail

Use Recruiting Solutions to Overcome Hiring Roadblocks

ApplicantStack

Take a few weeks or months to track and analyze key recruiting metrics , so you can see where the process stalls. An applicant tracking system gives you instant access to those same key recruiting metrics you’ve been measuring, so you can watch as retention rate and revenue increase while time-to-hire and turnover rate decrease.

article thumbnail

How to Create an Employee Referral Program (And Why it’s Worthwhile)

ApplicantStack

This alignment can improve team cohesion and reduce turnover due to cultural mismatches. You should also look at key metrics you can use to measure the success of each goal. Look at key metrics, including the number of referrals, time-to-fill, and retention rates. Define the goals Determine objectives for the program.

article thumbnail

Calculating Your Recruitment ROI

ApplicantStack

Taking a hard look at recruitment metrics can provide plenty of insight into areas where improvement can offer big results. Though small businesses’ recruiting budgets are different from large corporations, there are important metrics applicable to all hiring. Let’s consider some of these metrics and how to measure them.