How Hiring Can Affect Talent Retention

Posted on October 17, 2008
Filed Under Hiring Practices |

Are you having trouble attratcting and retaining the talent you need? Talent management strategies, if not effective, can slow business growth and effectiveness to a hault. I read an interesting article this morning that points out ways in which retention problems can begin during the hiring process:

In most organizations the recruiting function is entirely separate from the retention effort, yet the design of the hiring process has a dramatic and direct impact on future turnover. More than one-third of the factors that drive future turnover have their roots in the recruiting, hiring, and on-boarding process.

Recruiting Factors That Impact Future Retention

If you’re interested in reducing turnover, here are some of the hiring-related factors that impact future retention:

1. The source where you found the candidate.
2. Their average tenure in other jobs.
3. Hiring candidates who are focused on money.
4. On-boarding and orientation.
5. Recruiter involvement after the hire.
6. The lack of diversity orientation and retention.
7. Manager rewards for great retention.
8. Being aware of the most common causes of turnover. “

Read the full article “Retention Problems Begin During the Hiring Process.“

Technorati Tags: ,

Comments

Leave a Reply