Recruitment studies deliver insights into the reasons why candidates are not accepting your organization’s job offers, so you can make changes to get the employees you need in the future.
Importance of Recruitment Studies
As the demand for employees outpaces the supply of available workers, the competition for employees is escalating. You must understand the real reasons why potential employees decline your job offer but accept one from your competitor, so you can improve recruitment and hiring practices.
These current conditions will force employers to compete for workers already employed elsewhere to fill open jobs.
Employers must ensure their recruiting practices are effective at securing the employees they need.
Common Recruitment Complaints
- Top applicants vanish during the hiring decision-making process.
- Companies take too long to decide.
- Too many hires result in unsatisfactory results.
- Top employees depart within a few months.
- Managers struggle to identify critical aspects of the best candidate.
- Candidates are exposed to continuous rounds of interviews
Follow the link to learn what Recruitment Studies reveal
Our onboarding studies reveal new hire perceptions of the onboarding experience and how to improve them to increase retention.
Onboarding is a critical step to help new hires adjust to social and performance aspects of their jobs - and it affects retention. It’s critical to understand the new hire experience and the real reasons first-year employees may be at risk of leaving. So, you can make changes to improve retention.
The Importance of Onboarding
Onboarding sets the stage for a new hire’s employment experience and is directly linked to increased retention.
- Increases retention
- Shortens time to full productivity
- Increases the likelihood of employers engaging employees
- Increases an organization’s ability to predict a new hire’s intent to stay
- New employees are 60% more likely to remain with the organization for 3+ years when there is a successful onboarding experience.
- 15% of new employees left their position due to ineffective onboarding.
Follow the link for an in-depth dive into Onboarding Studies
Stay Interviews are one-on-one interviews conducted with current employees to understand the employees’ intent to stay or leave the organization, and why. Why conducted in this manner, Stay Interview data is systematically collected and used to predict and prevent turnover.
Importance of Stay Interviews
Stay Interviews should be used as part of a strategic Voice of Employee research plan to collect feedback from employees. The overall objective is to provide insights into the intents of employees to stay or leave with details that provide actionable steps the organization can make to improve retention.
- Identify at-risk employee segments
- Know how long workers within specific employee segments intent to stay
- Understand what specific interventions could prevent turnover
- Plan retention strategies to prevent turnover
- Six out of every ten employees are currently looking for a new job
- Compensation is not the reason employees plan to stay with their organization
- Career Development is the top reason employees stay with their organization
- Every organization is unique in the reasons why employees stay
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Pulse studies lead to improved employee outcomes when results are used to inform continuous improvements. Pulse studies are frequently used to evaluate perceptions after changes are made.
The Role of Pulse Studies
Pulse studies are most effective when used to supplement the annual study and other elements of employee voice research strategy, including onboarding studies, recruiting studies, exit studies and stay studies. The design of pulse surveys makes them efficient and effective to conduct frequently to gauge just-in-time employee perceptions, attitudes and behaviors.
Effective Uses of Pulse Studies
- Track changes in employee perceptions between annual studies
- Assess employee perceptions on specific workplace conditions after significant changes
- Evaluate the impact of changes implemented as a result of the annual study
- Get feedback from employees on how to improve specific aspects of the business
- Engage employees in fun
Follow the link to get the Essential Guide to Pulse Studies