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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

When you juxtapose that with the fact that 2021 was the biggest year ever for the HR technology market in terms of investment, we just couldn’t go without sharing the biggest pieces of the last 12 months and highlighting a few of the notable 2022 transactions for their specific value. Key 2022 HR Technology Mergers and Acquisitions.

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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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Talent Acquisition

Analytics in HR

The core of talent acquisition is to attract employees to an organization and hire the ones that fit with the organization and role. Once hired, if there is no fit between the person and the job or organization, the person will eventually quit. This is all about person-job fit and person-organization fit. The third force is attrition.

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Employee Experience: A Complete Guide for HR

Analytics in HR

Understanding how situations come across to employees helps you define problems and come up with solutions. Digital experience Technology is an essential function of the workplace. Employees use digital tools to find jobs, do their job, communicate with colleagues, and interact with HR and other services.

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How to Keep Candidates Engaged in the Recruitment Process

Hppy

Most employers have an onboarding program, but few are able to keep candidates invested in the process. 33% of new hires start looking for a new job within six months , and 23% leave in under a year. If you have a hire turnover rate, your recruitment process is likely the culprit. Most roles go by multiple titles.

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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. An excellent onboarding process can also create a welcoming atmosphere in the workplace.

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Why the Onboarding Experience Matters for Retention: A Data-Driven Analysis

Essium HRM

Most staffing firms understand that the onboarding experience has a dramatic impact on new hires. With a robust onboarding program, incoming employees typically reach full productivity faster. However, some recruitment agencies overlook the impact of the onboarding experience on retention.