• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Kube Suite - TL
Home News Workforce

How Companies Are Retaining Employees During The Ongoing Job Exodus

Hired found three traits firms with high attrition rates had: prioritizing underrepresented candidates, offering positions quickly, and transparency about compensation.

Aayat AlibyAayat Ali
January 31, 2022
in Workforce
Reading Time: 2 mins read
A A
How Companies Are Retaining Employees During The Ongoing Job Exodus

More stories for you

JPMorgan Faces Quantifiable Morale Drop Following Return-to-Office Mandate

JPMorgan Faces Quantifiable Morale Drop Following Return-to-Office Mandate

2 days ago
Tech Advances And The Green Transition Will Create 170 Million New Jobs By 2030

Tech Advances And The Green Transition Will Create 170 Million New Jobs By 2030

2 days ago

Rethinking the ROI of Healthcare Coverage with Robert E. Andrews

2 days ago
Amazon To Create 1,250 High-Skilled Jobs In Pennsylvania With $20 Billion AI Infrastructure Push

Amazon To Create 1,250 High-Skilled Jobs In Pennsylvania With $20 Billion AI Infrastructure Push

3 days ago

Although the Great Resignation has taken the job market by storm, not every industry is feeling the burden of this mass exodus. 

Hired used analysis from its 650 clients that were seeking technology-specific roles to rank companies across the US and the UK that performed best in attracting new talent between October of 2020 and October of 2021. 

Advertisements
Nexudus - Tech Stack Lovers

According to the findings, the top companies for American Enterprise employees were: 

  1. Insider Inc. 
  2. Maximum 
  3. Nielson 
  4. Walmart Global Tech 
  5. The Walt Disney Company

Among small employers, recreational vehicle financing firm Octane ranked number one, while virtual home care platform Sittercity finished first among midsize employers. 

Advertisements
Nexudus - Tech Stack Lovers

Hired CEO Josh Brenner says companies that performed the best in retaining and hiring talent had three things in common: prioritizing underrepresented candidates, offering positions to candidates more quickly, and being transparent about compensation. 

“Within the top companies that are able to attract tech talent, 23% of all interview opportunities are extended to underrepresented candidates, versus 14% of all companies on our platform,” said Renner. “When it comes to job offers, it’s even more extreme. Thirty-five percent of all job offers at those companies are made to underrepresented candidates, compared to 12% in our overall population of companies.” 

The top companies that were quick to extend offers saw an 84% response rate from successful candidates, compared to the 50% response rate seen at other firms. 

Insider Inc., which ranked first in hiring and retention among large U.S. companies, saw an attrition rate of 19.37% in 2021, below the national average of 57.3%. According to Insider’s senior vice president of people and culture Nailah Banks-Embden, this is largely due to creating a diverse and equitable workforce. 

Advertisements
Yardi Kube automates flex and coworking operations

“We know diversity plus equity plus inclusion equals a successful organization, so we strive to weave that through all of our company initiatives,” said Banks-Embden. 

Tags: BusinessWorkforce
Share5Tweet3Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

JPMorgan Faces Quantifiable Morale Drop Following Return-to-Office Mandate
News

JPMorgan Faces Quantifiable Morale Drop Following Return-to-Office Mandate

byAllwork.Space News Team
2 days ago

JPMorgan Chase has seen a drop in employee satisfaction related to health and well-being, according to the results of its...

Read more
Tech Advances And The Green Transition Will Create 170 Million New Jobs By 2030

Tech Advances And The Green Transition Will Create 170 Million New Jobs By 2030

2 days ago

Rethinking the ROI of Healthcare Coverage with Robert E. Andrews

2 days ago
Amazon To Create 1,250 High-Skilled Jobs In Pennsylvania With $20 Billion AI Infrastructure Push

Amazon To Create 1,250 High-Skilled Jobs In Pennsylvania With $20 Billion AI Infrastructure Push

3 days ago
Advertisements
Maximize Flexible Space Revenue
Advertisements
Disaster Avoidance Experts

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00