Internal promotions, a cost-effective retention strategy sees a decline in recent years (Business Opportunities - Other Business Ads)
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Item ID 15911897 in Category: Business Opportunities - Other Business Ads
Internal promotions, a cost-effective retention strategy sees a decline in recent years | |
In the midst of the pandemic, companies leaned heavily on internal hiring and mobility programs to fill workforce gaps. This led to a surge in internal recruitment, jumping from the usual 30% to a whopping 40% of all hires. It was hailed for enhancing company culture, retaining talent, saving costs, and speeding up hiring. However, the latest stats show a shift. Internal hiring has plummeted to 24%, the lowest in recent years. With the talent crunch and skill gaps, overall hiring has dipped too, making the time to hire longer across industries and roles.  | |
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| Target State: All States Target City : Florida City Last Update : Jan 30, 2025 2:19 AM Number of Views: 30 | Item Owner : hroutlook Contact Email: Contact Phone: + 1 (315) 6664984 |
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2025-02-25 (0.223 sec)