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Between the loss in productivity, the negative brand impact and the dollars wasted, it is no wonder reducing turnover and increasing retention are such a critical needs for organizations of all sizes.
Solutions BY Business CHALLENGE
HighMatch’s Talent Insights Platform can help reduce turnover and improve employee retention by identifying and filtering out those candidates whose innate traits don’t align with the role before these mismatches are onboarded.
The savings derived from reducing your turnover rate even a few percentages can be dramatic, and, as our clients can attest, we have a proven history of helping to significantly reduce turnover and increase employee retention.
33%
of new hires look for a new job in the first 6 months
23%
of new hires move on before their first year
43%
of c-level executives say retention is their top concern
HighMatch’s pre-employment test works to reduce turnover and improve retention at your workplace through a number of key features:
Bad hires can have a ripple effect across your organization, impacting revenue and profitability, causing delays in mission-critical projects and rupturing team dynamics.
Download our Reducing Turnover Fact Sheet for additional facts around the true cost of turnover, and learn how the right pre-employment assessment can, in many cases, pay for itself via reductions in turnover.
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“Our turnover went from the high 20% range to about 10%, and we’re really enjoying the quality of our new hires.“
When companies make bad hiring decisions, the impact is significant. It costs the company on two levels: tangible and intangible. The tangible cost of one bad hire averages about $15,000, according to a Recent CareerBuilder Survey. And that’s a conservative number…
Choose from HighMatch’s packaged assessment or create a customized assessment that is rigorously tested by our I/O psychologists to include the singular traits, abilities, and skills that define a successful hire at your organization.
Both our packaged and custom assessment solutions can be augmented with additional Services, delivered by our team of psychologists, that can evaluate your current hiring processes and deliver actionable recommendations that will help significantly reduce your turnover and increase retention.
Read how one custom home builder optimized their screening process by applying a competency filter provided by HighMatch, and saw significant reductions in turnover as a result.
