There are so many tips and tricks that exits within the world of business when it comes to finding and sustaining success. Business owners across the globe try to understand all of the business strategies available to them so that they can have the most amount of success possible. This can include hiring a staffing agency or recruiting agency for help when staffing your business or paying attention to key strategies.
Just about 86% of companies with employee recognition programs cite an increase in worker happiness. These types of strategies can help not just hire the right employees but it can also help with retaining them. Make sure you know all of the tips and tricks for staffing your business with the right kind of employees.
Every single year nearly $11 billion is lost because of employee turnover. Employee turnover and retention are one in the same as it deals with employees leaving their business for something else. This can happen when an employee is being offered a better job or they have soured on their current place of work.
Over half of all organizations view employee retention as a problem. Not only is this true but a lot of companies believe it is their biggest concern. Understand that 46% of human resources professionals say retention is their greatest concern, followed by employee engagement at 36%. Be sure to thoroughly check and look over employees and their likelihood of staying with your company to save money!
Almost 22% of new hires leave their jobs within 45 days of being hired. This is a pretty short span of time and that is not a good thing for businesses to deal with. When employees leave at a high rate, it can do serious damage to the finances of a business and furthermore, they will need to fill the gaps in their office as well.
Research has revealed that gender-diverse companies are 15% more likely to outperform their peers and ethnically-diverse companies are 35% more likely to do the same. This type of help with staffing your business can come from a talented staffing agency that is able to get the right people into your office. So keep these types of things in mind when you are staffing your business.
Recent research has revealed that just about 93% of recruiters look at a candidate’s social media profile. This is a minor tactic when staffing your business but it can potentially be the difference between retaining employees and losing employees. Furthermore, the difference between suffering from employee turnover and keeping employees can separate winners and losers.
The costs of employee turnover range from 30% to 150% of the employee’s salary. This type of damage to a companies finances and money can be serious and that is why business owners should work as hard as possible to avoid losing employees. So when you are staffing your business, take your time to truly make sure you are getting the right type of workers!
New hires that undergo a structured onboarding program are 58% more likely to be with the company after three years. More than 3 million temporary and contract employees work for America’s staffing companies during an average week. It is not easy to find the right people when staffing your business so if you need to get temporary employees then definitely do so!
In Conclusion
Every single year there are people that try to properly staff their business so they can find success then sustain that success. It is not easy and that is why there are so many staffing solutions and temp agecies available. When you are staffing your business, be sure to utilize all of the resources available to get the most out of your employees!
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