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- The Retention Secret, Excel Team Tracker, SThree's Job Market Warning - Jan 7, 2025
The Retention Secret, Excel Team Tracker, SThree's Job Market Warning - Jan 7, 2025
INSIDE: Why internal mobility is the future, a useful employee tracker, plus more HR wisdom and the headlines that matter.
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Hello, HR Champs! As we progress into 2025, talent management is expected to become the new "office coffee" – by that we mean absolutely essential! Let's explore an employee retention secret weapon that’ll keep your top talent energized and sticking around…
On the agenda:
🗝️ Retention Secret Weapon: Why internal mobility is the future.
🤩 Excel Team Tracker: To elevate staff levels.
📢 Jobs Market Warning: Sends SThree shares tumbling
SPOTLIGHT
Don’t Let Talent Walk Out the Door Why Internal Mobility Is the Future
📈 Did You Know? 94% of employees say they'd stay longer at a company that invests in their career growth (source: Deel). Enter internal talent marketplaces — a game-changing trend reshaping how organizations retain top talent.
These platforms help HR teams match employees with internal opportunities — stretch assignments, mentorships, or lateral moves — before they consider external offerings.
Some Examples:
Unilever has seen their internal talent marketplace increase retention by a quarter.
Schneider Electric lets employees use their marketplace to find personalized career paths. This initiative has boosted engagement scores by 15%.
Microsoft introduced a gig-style talent marketplace where employees can join short-term projects outside their regular roles, enhancing collaboration and skills development.
Vodafone has successfully filled almost half of vacancies through internal candidates, cutting recruitment costs significantly.
Why It Matters:
Internal mobility isn’t just about filling gaps; it’s about showing employees they’re valued and have room to grow. And in today’s job market, where a large proportion of workers are actively looking for roles, proactive retention strategies are more critical than ever.
💡 Pro Tip: Identify skill gaps, promote your internal job board, and encourage managers to support cross-team moves.
Read the Talent Management Guide to dive deeper into trends, tools, and best practices for 2025!
TUESDAY’S STEAL
Transform Your Team’s Performance Review Process With This Excel Tracker
Elevate your team's potential with the Employee Performance Review Tracker — an Excel template to streamline reviews and drive growth.
📊 Track Metrics & Goals: Easily monitor progress across individuals and teams.
👨🏻💼 Designed for HR Pros: Simplify the review process with an intuitive Excel template.
📈 Data-Driven Insights: Centralized data for more meaningful, transparent evaluations.
⏳ Reduce Lost Time: Automates manual tasks so you can focus on what really matters.
This powerful Excel tracker is made exclusively available for our community members.
Valid until January 9, midnight.
TOGETHER WITH THE RUNDOWN AI
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NEWS THAT MATTERS
 | Companies have been reluctant to make hires, especially permanent ones, and workers are hesitant about leaving their jobs. [The Times] |
Beyond writing job descriptions or tweaking performance reviews, AI is helping HR wrangle miscellaneous documents so processes are more time efficient. [HR Dive]
A former employee in Florida sued the supermarket chain for allegedly violating the Pregnant Workers Fairness Act, along with several other laws. [HR Dive]
CHROs may want to brace themselves for a challenging environment heading into 2025, as a number of trends will continue to unfold that will test their HR leadership skills, experts say. [HR Executive]
HR ADVICE
Top 10 Applicant Tracking Systems to Consider in 2025
In today’s highly competitive market, recruiters and hiring managers need every advantage they can get to nab top talent. This is why applicant tracking systems have become integral in the recruitment process, as they attract and engage applicants, while also helping hiring teams streamline communications, automate tasks and centralize candidate management using a single tool.
If you’re in the market for good applicant tracking software, our comprehensive list will help you make the right choice for your organization!
BREAKROOM
Have a good week all :)
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Created with care by the HRAddict team.