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Influencing Employee Retention Through Recruitment, Selection, And Onboarding Practices, Monica Gillette Jan 2021

Influencing Employee Retention Through Recruitment, Selection, And Onboarding Practices, Monica Gillette

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According to the Society for Human Resource Management (2019), 47% of human resource managers cite employee turnover as their biggest organizational challenge. This is a critical issue within most organizations and can directly affect overall business effectiveness as teams lose internal knowledge centers and see a decrease in productivity when they have vacancies. Moreover, employee turnover can cost the organization as much as three times the employee’s salary (Maurer, 2019) in recruitment efforts and lost productivity. There are three key areas in which hiring managers can proactively influence employee retention: employee recruitment methodology, the interview and selection process, and employee …