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What is Turnover Costing You?
Ask anyone involved in hiring and they will say it is time consuming and stressful. It can also be challenging controlling costs while ensuring the right people are hired. Now, more and more companies are embracing a flexible hiring option called “Unbundled Recruitment”. Its attraction lies in the ability to cost-effectively choose only the recruitment support they require, and none they don’t.
The tables have turned! Organisations must now convince employees to choose them. Recent research reveals the average lifecycle of a job is now between 12 months to 3 years, and with talent being much more accessible for your competition, employees have increased bargaining power as the job market has become increasingly more competitive.
In the hybrid work environment that we now find ourselves in soft skills have become more important than ever. A recent survey conducted by recruitment specialist Drake International found that organisations that have been working remotely now consider communication (84.5%), work ethic (47.6%), followed by adaptability (38.8%) to be the most critical to productivity.