5 Strategies to Prevent Employee Turnover
Every great business is driven by great employees. That means reducing turnover isn’t just about reducing cost. It can be the difference between your organization failing–or dominating the competition.
Every great business is driven by great employees. That means reducing turnover isn’t just about reducing cost. It can be the difference between your organization failing–or dominating the competition.
You need to know that a candidate has the skills to succeed, but also that they will fit within your team and company culture. People data can bolster your hiring and retention efforts by giving you insights into a person’s head and heart, as well as their briefcase.
The key is not to determine great values and behaviors; it is to determine the right ones, those which will translate your business goals into the daily actions of your employees, those that will inch you closer to your goal.
8 minute read Candidate selection, also known as talent acquisition, is the process of finding and hiring the best candidate for an open position. It covers everything from sorting through applications, to sending talent assessments, to creating the final job offer. It’s also one of the most important processes in any organization. Research shows that bad hires cost companies 30% or more of their salary. The more important the position, the more it can cost your company: Bad managers don’t just underperform, but actively drive other employees away. Assessment tools like the Predictive Index Job Assessment™ can prevent bad hires and ensure you only