Replacing an employee costs a company roughly 33% of the employee's annual salary. That’s only the direct cost. High turnover also costs in terms of productivity and company morale. That’s why employee retention of productive employees is a metric that reflects well on everyone, not just human resources.
The best candidates are searching for a great place to work in addition to a job that is a good fit for their skills when looking at job descriptions. They want to impact your organization, grow personally, and connect in a meaningful way with their colleagues. To find these candidates, you must focus on employer brand in your job descriptions. Communicating your employer brand to candidates within the job description can help your candidates answer these questions:
By now, you know that having a talent acquisition strategy is key to the success of any company’s workforce.