Study: Short Term New Hire Performance More Valuable Than Retention

London — April 25 — New professional and managerial level employees face a make-or-break “race for impact” as businesses demand more from staff during the tough economic climate, according to a global study from recruitment services firm Futurestep.

The good performance of a new employee at this level is three times more valuable than retention. And 76 percent of those surveyed now measure the impact of new recruits within their first year.

Employers Very Concerned about Retaining Top Talent

According to Right Management, nine out of 10 employers are finding it harder to fill key jobs despite ongoing high unemployment – and, of those employers, more are experiencing difficulty more frequently than last year (at 27%). Right Management also finds that 77% of employers rely on a combination of internal talent development and selective external hiring to fill key positions.

2 Out of 3 Companies Trying to Retain Talent

In a sign of an improving job market, 2 out of 3 employers are implementing programs to retain some of their most talented workers, according to a survey by OI Partners, a global coaching and leadership development and consulting firm.

Think Job Hoppers Make Bad Employees? Think Again

SAN FRANCISCO, April 5, 2012— Evolv, the leading provider of data-driven workforce selection, today announced results of a study by its advanced analytics group that looked at the relationship between previous work experience and future employment outcomes for hourly workers. The study, which analyzed applicant data and employment outcomes from more than 21,000 call center agents drawn from five major contact centers, found that agent work history is a poor predictor of future job tenure. Click here to view the full report.

Majority of Employers Uses Workforce Analytics to Measure Employee Turnover Trends but Many Fail to Realize Importance for Business Operations

According to a recent survey from Visier, a provider of workforce analytics solutions, 78% of employers are using workforce analytics to make informed decisions about human capital and talent management, while 22% have no system in place. The survey also finds that 65% of respondents believe employee performance is a key indicator of success at their organization.

While using workforce analytics to manage talent is widely accepted, the survey reveals there is room for greater improvements in the solutions selected for reporting HR data – and that better ways to utilize analytics in relation to operations are needed.

Aon Hewitt Signs a Preferred Partnership Agreement with HireVue to Give Clients Recruiting Advantage with Digital Interviews

LINCOLNSHIRE, Ill., March 19, 2012 /PRNewswire via COMTEX/ — Aon Hewitt, the global human resource solutions business of Aon Corporation AON +0.16% , today announced it signed a multi-year agreement with HireVue as part of a preferred partnership to offer clients its Digital Interview Platform(TM). The HireVue system is designed to modernize and enhance the recruitment process by improving quality, speed and consistency. This strategic partnership with HireVue means Aon Hewitt can provide clients the HireVue platform as a bundled solution, creating the industry’s most comprehensive Recruitment Process Outsourcing (RPO) offering.

A Pat on the Back Please! Are Your Employees Recognized for Their Performance?

Many companies talk a good game when it comes to employee engagement and recognition, though few have mastered it. Some organizations are close, some still trying, and many are nowhere near success.

So, you may be thinking, why should I care if my employees are recognized for their performance?

Because if they aren’t recognized, then they are not likely to give the 100% performance to satisfy customers, increase revenues, and help the organization grow and prosper. Who is going to help you achieve your company goals? Your people! People have a fundamental human need to feel valued, heard, and appreciated – particularly when they feel they’ve done a great job.

How to Drastically Reduce Offer Turndowns & Counter-Offers

The greatest challenge faced by most recruiters and hiring authorities has been the counter-offer. In this candidate driven market, offer turndowns will become an even greater challenge. The following are solutions which will drastically reduce these gut wrenching issues.

Workers Are in a Bad Mood, Says Survey

PHILADELPHIA, January 31, 2012 – Most employees say their job is unrewarding and saps their energy, according to a new survey by Right Management, the talent and career management experts within ManpowerGroup. Only one-in-five consider their job rewarding and gratifying…and the rest say they just want to enjoy their lives and that is why they work.

The survey was conducted in December and January and 438 North American workers responded to the question:

Which of the following best describes your present work situation?

Novo Shares Tips for Identifying and Recruiting Top Talent In 2012

MILWAUKEE, Jan 25, 2012 (BUSINESS WIRE) — “In 2012, companies looking to successfully add top talent to their company need to be aware of the shifting dynamics in the recruiting arena and become even more strategic in their approach,” said Cindy Lu, CEO of The Novo Group, a national managed recruitment outsourcing firm.