In today’s ever-evolving landscape of HR Tech, there is one constant that remains unchanged – the challenges of recruiting and retaining top talent.
Most companies continue to treat recruitment and retention as separate initiatives with distinct outcomes. Recruitment often falls under the purview of talent acquisition, while retention becomes the sole responsibility of HR or leadership teams. Our research revealed that only 41% of talent and HR professionals consider retention during the recruitment process and just 25% have a clear definition of the quality of hire.
As a result, many companies fill positions without considering their long-term impact on critical business outcomes such as retention, performance, and productivity. This report explores the relationship between recruitment and retention and highlights the pivotal role of technology in reshaping how companies prepare for their future talent needs.