Employee Retention & Turnover Insights from Lever

Fewer Workers Are Quitting. Why Is Recruitment Still So Hard?

Anh Nguyen — Wed, 20 Mar 2024 18:32:04 +0000

By Anh Nguyen, HR Tech Editor at SelectSoftware Reviews The Labor Department’s latest data shows a record-low quits rate of 2.1%. But don’t let that fool you — recruitment is still a massive challenge across the board. If you take a closer look at data on sectors, such as hospitality, transportation, and technology, you’ll know what […]

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Employee Engagement Strategies to Retain Top Talent

Team Lever — Fri, 07 Jul 2023 13:00:00 +0000

The most effective employee engagement strategies are ones executed by HR and managers. That said, as with other organizational initiatives (e.g., ones tied to DEI and corporate social responsibility), high-level business leaders must be the drivers of your company’s efforts to realize a wholly engaged workforce. Ones that ultimately: And the road to increasing employee […]

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Employee Retention: How to Keep Your Top Performers

Team Lever — Mon, 03 Jul 2023 13:00:00 +0000

Recent Employee Benefit News research found the average cost of losing an employee is 33% of their salary. You read right: One-third of a worker’s earnings go out the window when they pack up their desk. (Well, proverbial desk, if they work from home. You get the point.) A high workforce turnover rate can wreak […]

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Internal Hiring: Increasingly Important for Employers

Team Lever — Mon, 24 Apr 2023 13:00:00 +0000

In case it wasn’t clear to your business leaders that a structured internal hiring process is critical to your org’s long-term prospects, this eye-opening stat from our 2022 Talent Benchmarks Report can convince them: Lever customers needed an average of just three internal candidates to fill open roles, compared to 30 sourced external candidates and […]

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How Upskilling & Reskilling Boost Workforce Retention

Team Lever — Tue, 18 Apr 2023 13:00:00 +0000

Upskilling and reskilling employees to provide workers with internal mobility paths may seem like a task solely for people managers. After all, they speak with and support their team members day in and day out and understand their desired career path and aspirations. The truth is reskilling your workforce and providing skills training to staff […]

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The Future of Work: 5 Trends Employers Should Know

Team Lever — Fri, 14 Apr 2023 13:00:00 +0000

The McKinsey Global Institute surveyed hundreds of business leaders and professionals in 2020 in an attempt to forecast the future of work in a post-pandemic landscape. Many of the Institute’s predictions — a rise in “WFH” for white-collar employees, automation and AI playing a bigger role in day-to-day operations for tech companies, consumers continuing to […]

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