Post by account_disabled on Feb 25, 2024 6:03:06 GMT
Learn more Why Credlys Talent Directory is Going to be a Critical Part of the Hiring Process If hiring managers are not sold on skillsbased hiring yet they soon will be. The sheer. Learn more Ready to Get Started with Credlys Acclaim platform Demo page Why smart employers are doubling down on training educational benefits Employers face skills gaps and millennial jobhopping. Discover how investing in digital credentials can enhance retention by offering portable transparent validation. usercircleCredly hourglass min read ea Pervasive skills gaps mean that employers cant count on employees to walk in the door with the skills they need particularly in entrylevel jobs. At the same time conventional wisdom warns against investing in socalled elevator assets highly educated workers who might at any time hop on an elevator in their office building go to the ground floor and walk out.
Employer loyalty is at an alltime low. Millennials who form the largest part of todays workforce will change jobs a whopping times over their career research indicates. But technology has a funny way of proving conventional wisdom wrong. betting on benefits.png Millennials the pics or it didnt happen generation chase external Netherlands Mobile Number List validation through online recognition of their achievements. Digital badges and credentials shared on social media enable savvy employers to offer currency that younger employees value. Millennials famously eschew the corporate perks that cultivated loyalty among their predecessors but they clamor for education as a benefit. As it turns out education and retention dont have to be mutually exclusive and smart companies are doubling down on nextgen training and educational benefits. Heres why Education costs less than attrition Millennial turnover costs U.S. companies more than . billion annually.
According to a recent study employers spend months of an employees salary to recruit hire and train his or her replacement which means replacing someone salaried at will cost the company as much as . Contrast the cost of finding a replacement with the falling costs of online degrees around coding bootcamp credentials or certifications like the poor mans MBA which costs just and can boost salaries by . The rate of churn is increasing the federal quits rate rose between and . Today nearly a quarter of employees million in quit their job every year though this rate is up to higher in some sectors. The high cost of recruiting and retraining replacements means that decreasing the rate of turnover even marginally can have a significant positive impact.
Employer loyalty is at an alltime low. Millennials who form the largest part of todays workforce will change jobs a whopping times over their career research indicates. But technology has a funny way of proving conventional wisdom wrong. betting on benefits.png Millennials the pics or it didnt happen generation chase external Netherlands Mobile Number List validation through online recognition of their achievements. Digital badges and credentials shared on social media enable savvy employers to offer currency that younger employees value. Millennials famously eschew the corporate perks that cultivated loyalty among their predecessors but they clamor for education as a benefit. As it turns out education and retention dont have to be mutually exclusive and smart companies are doubling down on nextgen training and educational benefits. Heres why Education costs less than attrition Millennial turnover costs U.S. companies more than . billion annually.
According to a recent study employers spend months of an employees salary to recruit hire and train his or her replacement which means replacing someone salaried at will cost the company as much as . Contrast the cost of finding a replacement with the falling costs of online degrees around coding bootcamp credentials or certifications like the poor mans MBA which costs just and can boost salaries by . The rate of churn is increasing the federal quits rate rose between and . Today nearly a quarter of employees million in quit their job every year though this rate is up to higher in some sectors. The high cost of recruiting and retraining replacements means that decreasing the rate of turnover even marginally can have a significant positive impact.