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4 Benefits of Competency-Based Hiring | ClearCompany

ClearCompany HRM

Its benefits range from eliminating bias to decreased employee turnover rates. They increased workforce diversity by 6%, with new hire retention rates of around 90%. Competency-Based Systems Improve Employee Retention Reduce the chances that you’ll lose your best people with competency-based hiring.

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How to Create a Successful Hiring Timeline | ClearCompany

ClearCompany HRM

It gives you the ability to provide excellent candidate and onboarding experiences, which improve retention. That’s significant considering employee turnover can cost up to two times their salary. Create a hiring timeline to keep your process on track and reduce employee turnover. What are your new hire turnover rates like?

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How to Calculate the ROI of an ATS | ClearCompany

ClearCompany HRM

At a basic level, an ATS is an automated system that digitally stores applications and candidate information to help recruiting teams stay organized. That can lead to lower engagement and expensive turnover. Depending on the role, staffing or recruiting agencies’ fees are anywhere from 15-100% of the hired employee’s salary or wage.

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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. ClearCompany : Best recruiting and onboarding software with talent and performance management.

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5 Tips for Personalizing the Hiring Process | ClearCompany

ClearCompany HRM

For some roles, your hiring team could use this information to give candidates a detailed explanation of why they weren’t selected. Due to the high rate of new employee turnover, these weeks are critical for their productivity and longevity at your organization. You might advertise open positions on social media like LinkedIn, too.

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5 Advantages of Internal Recruitment | ClearCompany

ClearCompany HRM

And it’s not all talk — one in two companies has a turnover rate of 15% or more , while one in five reports a rate of 30% or more. And it’s not all talk — one in two companies has a turnover rate of 15% or more , while one in five reports a rate of 30% or more. 47% of U.S. But why do so many employees want new jobs?

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What is an Onboarding System? | ClearCompany

ClearCompany HRM

This post on onboarding systems was published in May 2018 and was updated in September 2023 with new information. Onboarding programs have increased retention by as much as 82%. Did you know that onboarding can boost new hire performance, retention, and more? How Do Onboarding Systems Work?