Are the Economy and Inflation Hampering Recruiting?

We’ve all heard the news reports on how unusual the economy is right now. Interest rates are rising – great for our bank accounts, terrible for loans and mortgages. Wages are up. Unemployment is down. Consumers are feeling the pinch at the gas pumps and grocery stores. And while employees may be earning more money, it isn’t covering the increased costs of goods and services. How can you keep your eye on the potential impact all this may have on finding and retaining employees in an already competitive talent war?

Retention Issues? How to Know If You Are Properly Compensating Your HR Employees

Employee retention is a problem for most employers. It costs significant amounts of time and money to recruit, onboard, and train new hires. This is especially true during The Great Recession. One of the most effective ways to encourage employees to stay is through compensation. Properly paying your employees helps them feel valued and respected. Implement these tips to decrease turnover among your HR employees by ensuring they are properly compensated.