June 2015
Issue Map
The Buzz

Technology Is Solving the Turnover Problem

Tuesday, May 26, 2015

Despite an organization’s best efforts to boost engagement and improve retention rates, it’s inevitable that eventually employees will  leave. This can be a disruptive and expensive process, and one that companies want to avoid at all costs. According to a Harvard Business Review study, up to 80 percent of employee turnover is the result of bad hiring decisions, meaning the employee was never right for the job from the beginning. However, several new start-ups are looking at ways to solve these issues. Some of these start-ups are helping companies tap into difficult to reach talent pools, such as high-level employees thinking about leaving their current roles. Others are making job simulation software more sophisticated to ensure that the right people are hired, or looking at gamification as a way to connect the right employees with the right opportunities. CodeEval and HackerRank let potential employees play browser-based coding games where high scores are forwarded to recruiters. Pymtrics uses neuroscience games to create an emotional profile of a candidate and match that candidate to certain jobs.

View Source:
Be the first to comment
Sign In to Post a Comment
Sorry! Something went wrong on our end. Please try again later.