Ontame.io | Blog - Recruiters Daily Doze

Staff turnover in retail still remains high (as for any other sector with client services functions, such as call centers). According to XpertHR UK Labour Turnover Rates Survey, staff turnover in retail averages 25%, behind only hotels and leisure (46%) and with high employee turnover an inevitable consequence is the cost implication. As reported by HR Review UK, for the UK retail industry it takes up to 23 weeks before a “newbie” is up and running and the cost of replacing an employee is £ 20,114 per staff member, representing an overall annual cost to the retail sector in the UK of £ 673m!

We are happy to introduce new relevant recruitment metrics and KPIs across our dashboard. These new metrics are Cost-per-View, Cost-per-Application, Cost-per-Hire, Time-to-Fill, and Job View Rate.

There are a number of reasons why companies are failing to find top-talent to fill in their open positions (skill shortage, low unemployment rates… reasons that are mainly out of your company’s control). In today’s blog-post, we will focus only on the challenges you can address and how.

According to the World Employment and Social Outlook: Trends 2018, the global unemployment rate has been stabilizing after a rise in 2016. This implies that the war for talent is on, and that companies’ HR and Talent Acquisition teams need to examine their efforts in order to attract and retain high-quality candidates.

Mobile devices have revolutionized the way we work, travel, shop, and stay connected. They also play a crucial role in why companies should switch to social media when pursuing new talent, as a significant part of people’s time is spent checking Facebook and Linkedin on their mobile phones. If companies wish to attract the best talents, it is a must to have a strong presence on SoMe, because that is where their potential candidates are.

Do you experience difficulty reaching your desired candidates? Are you missing the opportunity to meet highly-qualified candidates, because they simply didn’t access your career site? Or just didn’t see your job ad?

As the year comes to an end, we will give a brief overview of the most impactful strategies highly successful talent acquisition departments used which will also help them to excel in 2018: