Attracting and retaining top talent is an organization’s top priority, especially in today’s tough market. While competitive salaries and benefits are important, employees are increasingly seeking opportunities for growth and advancement. Investing in training and development programs has become a critical strategy for organizations to enhance employee skills and also boost retention rates. Why Training… Read More »
Building a strong and positive reputation is essential for any company’s success. It takes years of hard work, dedication, and exceptional performance to establish a favorable image in the market. But it just takes one bad hire to turn the tables and tarnish your company’s reputation. The impact of a poor hiring decision can be… Read More »
At Metrodata Services, Inc. we continually monitor new changes in compliance requirements for background screening. Today, we’re sharing a recent update that you should be aware of. Here is what changed: As part of the Fair Credit Reporting Act (FCRA), one of the required notices is “A Summary of Your Rights Under the Fair Credit… Read More »
Artificial Intelligence (AI) has been in the news a lot recently, especially since the release of OpenAI’s ChatGPT platform. And while forms of AI have been around in the HR and recruiting worlds for some time, we are entering a new era in terms of what this technology can do – and how it might… Read More »
Do you have a rewards or recognition program in place at your company? Incentives and recognition are important for many reasons, employee retention included. But why are recognition and rewards so important? What might powerful incentives look like, and how can you go about implementing an official program in your organization? Keep reading to find… Read More »
A bad hire can spell disaster for your company. The financial impact can be significant – it’s estimated that a single bad hire can cause your company to lose 30% or more of the individual’s expected first-year earnings. And it’s not just about money. The drain a bad hire puts on morale cannot be overlooked.… Read More »
You’ve gone through the entire recruitment process, from creating a job description and disseminating it, screening resumes, contacting candidates to set up interviews, performing multiple rounds of interviews, and negotiating an offer. You onboard your candidate. After they start, you discover they don’t have the skills to perform in the position. A week later, they’ve… Read More »
In today’s post-pandemic world, remote and hybrid work is more common than ever. And most job seekers are happy about that – added flexibility and work-life balance are some of the top perks today’s workforce desires, especially members of Generation Z. But another perk is still just as important for employee satisfaction and retention, perhaps… Read More »
Hiring a brand-new employee is one way to fill a vacancy within your organization. But it’s not the only way. There is also internal hiring; identifying someone who already works for your company that could fill that open job. Promoting from within has many benefits – and it also has its challenges. For most organizations,… Read More »
Employee retention is a challenge that nearly every business faces at one point or another. And because a high turnover rate can be very expensive – estimates put the cost of a bad hire at around 30% of the employee’s first-year earnings – you want to do all you can to shut that revolving door. … Read More »