We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.
Finance

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

What are the Different Types of Recruitment and Retention Strategies?

By Tess C. Taylor
Updated: May 17, 2024

In the world of business, human resources professionals use recruitment and retention strategies to reduce employee turnover and loss of revenues. There are many recruitment and retention strategies that can attract qualified candidates, develop a superior workforce, and keep employees from leaving the company to pursue other, more attractive opportunities. While recruitment and retention activities can vary by company, industry, and candidates, the most successful strategies share common traits.

A solid approach to recruitment and retention strategies is to craft clear job descriptions for the positions that your company will fill. Failure to establish what skills, credentials, and experience are needed to perform critical work for the company can produce disastrous results. By creating a well-written job description and identifying the key characteristics of a successful job candidate, a human resource team can bring in high quality candidates who possess the right skills and experience for the jobs.

Recruiters searching for quality candidates to fill various company openings should be able to seek out candidates from a wide variety of sources. Strong recruitment and retention strategies rely on searching for candidates via traditional internal postings and open advertisements, as well as through social networking and direct referrals from employees and industry associations. Human resources professionals should keep an open mind when using any of these sources to find employees, as job seekers are using a wide range of methods to search for opportunities. Excellent candidates can come from unexpected places and may have varying qualities and skills that benefit the company.

To keep quality job candidates interested during the recruitment phase, the interviewing and hiring process must be efficient. Communication must be handled professionally and incentives and expectations should be clearly stated to candidates. This is a critical time when many job candidates form an impression of the company based on the way the interviewing and hiring process is carried out.

In order to attract and keep good quality candidates, regular communication, employee talent management plans, and benefits are needed to make the workplace a pleasant place to work. The better the incentives offered, the easier it will be for the company to attract good workers and keep them happy. This can be accomplished by encouraging existing employees to focus on the positives of the work environment and giving them a chance to be part of the success of the organization.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
Share
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.