Talent Acquisition reduces turnover by up to 60 percent
Continued high unemployment has presented organizations with a broad applicant pool. However, making uninformed decisions can increase turnover and cause lost productivity and employee burnout. To avoid the costs of high turnover, organizations must implement talent acquisition solutions that automate recruiting and onboarding processes. This can give hiring teams more time to proactively implement dynamic talent strategies. Nucleus found that by leveraging solutions for talent acquisition, organizations can reduce average turnover by 30 to 60 percent in high turnover industries and 20 percent among organizations with salaried workers.