Employee turnover is a business leader’s worst nightmare because it disrupts operations. It is also expensive and time-consuming to screen and hire employees. If an employee leaves voluntarily or does not work out, the company loses what it has invested in hiring and training and must incur additional expenses to hire a replacement.
HR teams hiring data entry operators are not immune to these problems. That is why many have implemented industry-leading assessment solutions and use data entry clerk tests and data entry skills tests in their hiring.
How Assessments Help Organizations Reduce Turnover
In a perfect world, all new employees quickly assimilate into their new roles and become productive team members. Unfortunately, the world is not perfect. Research shows that 68.06% of new hires leave within the first three months, and 90% continue to explore new opportunities even if they are not actively looking for a new job.
These are some ways assessments like data entry clerk tests and data entry skills tests help organizations reduce turnover.
Avoid Hiring Mistakes: Using assessments like a data entry clerk test and data entry skills test is the best way to avoid bad hires. A bad hire can be someone who does not have the required skills for a job or is the wrong fit for a job and your company’s culture.
It surprises many business leaders that close to 40% of employees leave a job due to poor cultural fit. However, using assessments minimizes the risk of bad hires. When applicants submit data entry clerk and data entry skills tests, the results show which applicants really can do the job and also indicate which ones are a good cultural fit. So, businesses can hire employees who are likely to stay with their company and help them meet goals and objectives.
Provide a Good Onboarding Experience: Many HR teams think their work is finished once a candidate accepts a job. However, they underestimate the importance of onboarding. A good onboarding experience is the best way to make new employees feel engaged and part of the team. Research shows that 70% of employees who have a good onboarding experience feel positive about their job and their company, and 69% of new hires who have a positive onboarding experience are likely to stay with a company for at least three years.
Be Proactive About Employee Development: Many business leaders are surprised to learn that an effective training and employee development program can reduce turnover by 25–30%. Furthermore, organizations with strong training and employee development programs are 52% more productive and have engagement and employee retention rates that are 30–50% higher than industry peers. Organizations that enable employees to learn on the job also attract top talent. Around 59% of millennials said that training opportunities are extremely important when evaluating employment opportunities, and 35% said companies that offer training and development are more attractive to them.
Implement Upskilling and Reskilling Programs: Many companies find it challenging to recruit qualified employees, so they implement upskilling and reskilling programs to develop in-house talent.
Upskilling refers to offering employees access to training and development opportunities to help them enhance skills they use in their current jobs. Reskilling means teaching employees new skills to arm them with the tools they need to transition into a job in a new area. Upskilling and reskilling are a win-win proposition for employers and employees. Organizations like Walmart, Verizon, McDonald’s, Google, and Marriot International have invested billions in upskilling programs.
Companies That Use Assessments to Reduce Turnover
Organizations that need to hire data entry employees use data entry clerk tests and data entry skills tests to hire top candidates. The following companies used assessments to minimize hiring mistakes and reduce employee turnover.
Get Started with Data Entry Clerk and Data Entry Skills Tests
Lost productivity, caused by turnover, costs U.S. businesses $1.8 trillion annually, and the expense to replace an employee can be as high as twice the employee’s annual salary. So, a 100-person organization with an average salary of $50,000 could have turnover and replacement costs from approximately $660,000 to $2.6 million annually.
If you are recruiting applicants for data operator positions, use data entry clerk tests and data entry skills tests so you can instantly identify candidates who know how to input, analyze, and manage data.
Are you ready to learn how data entry clerk tests and data entry skills tests can help you hire the best data entry operators? Contact eSkill to request a demo.