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Average Turnover Rates Ticking Upwards

September 14, 2012  from: In the News

As determined by Compdata Surveys’ BenchmarkPro 2012, the national average total turnover rate for 2011 was 15.2 percent, up 0.8 percent over the prior year.

Turnover Rates Inching Up

September 12, 2012  from: News

The average total turnover rate reported for employers from 2011 was 15.2 percent, according to Compdata Surveys BenchmarkPro 2012 survey results. That’s up slightly from 14.4 percent reported a year ago. Voluntary turnover rates were reported at 9.8 percent, up from 9.1 percent reported last year.

Insurance Organizations’ Recruiting Practices Shift with Technology

September 11, 2012  from: dataLink

Technology and the economy have evolved the recruiting landscape for the insurance industry. Based on the 2012 Compensation Data Insurance survey results, more companies are switching to digital methods when recruiting employees. It should come as no surprise that the number of employers using newspaper advertising decreased from 54 percent to 36.5 percent since 2011. The use of job fairs also fell from 63.2 percent to 54.8. In contrast, advertising on the internet has remained steady over the past couple years at an average of 85 percent. Social media is a recently popular recruitment tactic, with 44.3 percent of participants using this method in 2012.

Not-For-Profit Organizations Recruiting Practices Changing

May 18, 2012  from: dataLink

Technology and the economy have changed the recruiting landscape for the not-for-profit industry. Based on the 2011 Compensation Data Not-For-Profit survey results, fewer companies are using cash options as a recruitment tactic in the midst of a struggling economy. From 2009 to 2011, employers offering increasing start rates decreased from 19.5 percent to 12.5 percent.

Manufacturing & Distribution Companies Recruiting Practices Changing

April 23, 2012  from: dataLink

Technology and the economy have changed the recruiting landscape for the manufacturing and distribution industry. Based on the 2011 Compensation Data Manufacturing & Distribution survey results, more companies are using cash options as a recruitment tactic in the midst of a struggling economy. From 2010 to 2011, employers offering raises more frequently during the first year increased from 11.2 percent to 12.8 percent.

Utilities Organizations Recruiting Practices Changing

April 10, 2012  from: dataLink

Technology and the economy have changed the recruiting landscape for the utility industry. Based on the 2011 Compensation Data Utilities survey results, more organizations are using cash options as a recruitment tactic in the midst of a struggling economy. From 2010 to 2011, organizations offering raises more frequently during the first year increased from 7.5 percent to 10.6 percent.

Banking & Finance Organizations Recruiting Practices Changing

April 10, 2012  from: dataLink

Technology and the economy have changed the recruiting landscape for the banking and finance industry. Based on the 2011 Compensation Data Banking & Finance survey results, more organizations are using cash options as a recruitment tactic in the midst of a struggling economy. From 2009 to 2011, organizations offering a bonus based on length of employment increased from 12.8 percent to 17.3 percent.

Services Organizations Recruiting Practices Changing

March 13, 2012  from: dataLink

Technology and the economy have changed the recruiting landscape for the services industry. Based on the 2011 Compensation Data Services survey results, more organizations are using cash options as a recruitment tactic in the midst of a struggling economy. From 2010 to 2011, organizations offering a bonus based on length of employment increased from 10.8 percent to 13.5 percent.

Healthcare Organizations Recruiting Practices Changing

February 7, 2012  from: dataLink

Technology and the economy have changed the recruiting landscape for the healthcare industry. Based on the 2011 Compensation Data Healthcare survey results, fewer organizations are using cash options as a recruitment tactic in the midst of a struggling economy. From 2009 to 2011, healthcare employers offering a bonus based on length of employment decreased from 29.3 percent to 23 percent.

Turnover Rates Dip as Recruiting Rebounds

October 25, 2011  from: In the News

The 2011 BenchmarkPro survey results found companies experienced total turnover rates of 14.4 percent between 2010 and 2011.

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