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Burnout is a real issue for many employees today. In fact, the Deloitte Mental Health Report states that 55% of employees are experiencing burnout, which is affecting their productivity.
Not to mention that mental health issues, such as depression and anxiety, have skyrocketed in recent years, particularly since COVID-19.
Nothing is more reassuring to employers than having the right people onboard. And nothing is worse than seeing that losing talent to competitors.
The job market is getting more competitive than ever before, with companies trying to overshadow each other in search of top talent.
The major challenge that any recruiter faces is finding suitable talent for the job opening. Even if you get a lot of applications, none of them might have the right skills and qualifications for the job.
This is because most ideal job candidates are likely already employed. These candidates are generally referred to as passive candidates.
Start-ups often look for cost reduction practices to save funds. The ones that have just started their business might not have ample funds. Most of the fund collected by an entrepreneur goes into establishing and registering a company.
One area where start-ups look to reduce costs is recruitment.
Read on to know how start-ups can reduce recruitment costs in 2022.
Every year, millions of college students are recruited by companies even before they graduate from their respective colleges. Most freshers believe that campus placements are their best chance of securing a good job.
With campus recruitment, HR teams gain access to a pool of highly-skilled freshers. To find the right talent from colleges across the country/globe, a company should have a definitive campus recruitment strategy.
Did you know that 51% of employees constantly consider another job as they aren’t satisfied at their current workplace? Employee satisfaction is more important than ever in this competitive era. You don’t want to spend funds on recruitment/training and then have employees dropping out. According to stats, around 25% of employees end up changing their company during the first year of recruitment.