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Employee Retention: How to Retain Top Talent in 2022 | ClearCompany

ClearCompany HRM

There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. That’s led to a scarcity of available talent, with only around 65 unemployed workers for every 100 open jobs in the U.S. Use the results to inform your retention strategy and learn how to best support employees.

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Creative Ways to Retain Employees and Reduce Turnover | ClearCompany

ClearCompany HRM

As workers continue to resign, the benefits of employee retention have never been so apparent and companies are naming retention a top priority this year. With 50% of CEOs saying that recruitment and retention are one of their biggest challenges in 2022, it’s time to turn to more creative ways to retain employees.

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4 Benefits of Competency-Based Hiring | ClearCompany

ClearCompany HRM

Hiring teams base their decisions on many factors, most significantly a candidate’s experience, qualifications, and core competencies. Experience and expertise are easy to assess. But competencies are not always easy for talent acquisition professionals to identify and are often overlooked in traditional hiring processes.

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Recognition Boosts Employee Engagement and Productivity | ClearCompany

ClearCompany HRM

A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. High employee turnover rates lead to increased hiring costs, which can be as much as two times the employee’s salary. 18% lower turnover for high-turnover companies. 43% lower turnover for low-turnover companies.

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How to Support Employee Mental Health with EAPs | ClearCompany

ClearCompany HRM

Lost productivity, absenteeism, and employee turnover all result in substantial financial losses. Voluntary turnover alone is thought to cost $630 billion. Improves Employee Retention. High employee turnover can be attributed to a lack of employee care. Years of experience. Cost-Effectiveness for Employers.

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7 Employee Engagement Strategies for 2022 | ClearCompany

ClearCompany HRM

Check out @ClearCompany's latest post for more: 1. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. Regular feedback can lead to nearly 15% lower turnover, and as we know, a great majority of employees want more feedback. They can also reduce turnover by 31%.

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How to Create a Successful Hiring Timeline | ClearCompany

ClearCompany HRM

You’ve dealt with lots of uncertainty over the past few years and challenges that are brand new to talent acquisition. 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.