In 2018, the average US adult spent over 4 hours per day on mobile devices. It’s no wonder that 2018 also saw a 47% jump in YOY store closures.
Yet, despite shuttering doors being on- trend, global fashion retail sales are actually expected to grow by nearly $200 billion between 2019 and 2022, topping off at $716 billion.
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When you’re tasked with filling numerous open requisitions, you’ll typically source and engage candidates using the same traditional methods you’ve always used: you’ll post a job requisition online, wait for the flood of resumes to come in, then over-rely on tracking candidates via spreadsheets and emails. This isn't a winning strategy and it actually makes the recruiting process longer, more expensive, and less effective for building a powerhouse workforce.
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Annual turnover in healthcare sits at around 28% , and this presents a major burden for hospitals: it can cost over $88,000 to replace a nurse and over $230,000 for primary care physicians. However, such a big financial albatross can be reduced to four major themes.
Read about the four biggest causes of turnover and their prevention strategies.
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Hiring teams fight a daily battle with recruiting and onboarding: too many resumes to read, concerns about culture fits, pressure to quickly fill roles, how to properly onboard new hires, and more. This often leads to a “hire and cross your fingers it works out” strategy, but that’s not a viable plan for workforce or bottom line growth.
To truly build an impactful team, companies need to focus on talent acquisition. Talent acquisition is the strategic approach to finding, selecting and onboarding top talent to meet changing business needs. By leveraging innovative software solutions organizations can better engage and hire top talent resulting in a stronger workforce.
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FOR YOUR COMPANY TO REALLY TACKLE THE MARKETPLACE, YOU’LL NEED YOUR EMPLOYEES TO BE PEAK PERFORMERS.
But how can you ensure that everyone from seasoned veterans to new hires reach their full potential? By offering coaching. Coaching for professionals is often misunderstood for what it really means, but its benefits are undeniable. Over 70% of employees who received coaching saw an increase in work performance, relationships, and communication skills, and 80% reported having more self-confidence.
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