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Minimizing turnover risk for today’s workforce: 4 key priorities

HRExecutive

A high rate of voluntary turnover not only means an organization is at risk for higher costs (to hire and train replacements, for example) but can also mean increased knowledge loss, declining morale and other intangible costs that can be just as damaging as the hard dollar costs of high voluntary turnover.

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Technically HR: Workday launches new AI capabilities and expands HiredScore offerings to clients

HR Brew

Workday on Thursday announced new tools and capabilities geared to leverage AI in the platform. HiredScore’s AI for Recruiting launched Recruiter AI coach and its “fetch” feature, which relies on AI to tap into a company’s applicant pool of candidates rejected from previous openings. “Our Workday acquired HiredScore in April.

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Is Workforce Redeployment an Alternative to Layoffs?

Intoo USA

With many poorly executed layoffs going viral , some organizations have received negative press for hiring new employees shortly after letting others go. This is not only a bad business practice; it can also waste money and other resources in hiring, onboarding new employees, and severance for those let go.

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Why CAVA is using personality assessments for talent development

HR Brew

She said she believes such assessments will be useful in helping colleagues understand how best to collaborate with one another, as well as provide additional insight for employees looking to grow their careers at the fast-casual food chain. How CAVA is using personality assessments in the workplace. What HR leaders should consider.

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What Is Headcount Planning?

Intoo USA

Download tips on hiring with confidence and rejecting candidates with kindness. Strategically forecasting hiring needs allows companies to acquire skilled people to meet day-to-day workloads and fuel growth priorities. Hiring too aggressively without projections risks overstaffing during slower expansion or economic decline.

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5 tech tools to power HR through the pandemic

HRExecutive

Advertisement Analyst Stacey Cadigan, a partner at the global technology research and advisory firm ISG, says the pandemic has reshaped HR priorities—in particular, technology is playing an even more vital role. Learn more about the latest HR tech at the HR Technology Conference & Exposition ® Sept. Register here.

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How to Improve Employee Retention

Intoo USA

Businesses with higher retention rates generally don’t pay as much for hiring and training new team members as businesses with a lower rate. The price of onboarding new hires and incorporating them into the organization can quickly add up. Offer career development opportunities.