'Employee Retention Likely to be Top Focus for Recruiters'
NEW DELHI: When it comes to recruitment, employee retention and quality of people being hired are likely to be the top priorities for organisations in 2016, says a survey.
The survey released on Tuesday by professional networking site LinkedIn said, 55 percent of talent leaders felt employee referral programmes were the top source of quality hires and 42 percent considered social professional networks as equally important.
"Employee retention, focus on employee referrals, employee branding and quality of hire are likely to be the top priorities for the recruitment landscape in 2016," LinkedIn's India Recruiting Trends 2016 said.
According to the report, the gap between volume of hiring and hiring budgets widened in 2015.
With a decrease in the hiring budget, talent leaders see employee retention as a priority for their organisation.
Thirty six percent of the talent leaders stated that employee retention is a top priority over next 12 months, it added.
"India leads the globe in the usage of referral programs with 65 percent organisations using employee referrals as against the global average of 39 percent.
"Nurturing strong relationships with employees and their networks would help organisations identify and source quality talent," it noted.
The findings are based on a survey of 3,894 talent acquisition decision makers who work in a corporate HR department and have some authority in their company's recruitment solutions budget.
LinkedIn India's Director (Talent Solution) Irfan Abdulla said that organisations are watching their hiring budgets more closely now and it comes as no surprise that employee retention and quality of hires have surfaced as top priorities for talent leaders.
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