New Hires Assessed by Talent Plus ® are Less Likely to Turnover
Save on Costly Turnover, Hire for Talent
Individuals not assessed by Talent Plus ® were 3.8x more likely to term than individuals who were assessed, conservatively saving the health system $273,000* per 100 hires.
Company Details
Concept:
Assessed New Hires are Less Likely to Turnover
Solution:
Clinical, Non-Clinical and Supervisor Talent Online ® Assessments (TOASM)
Industry:
Health Care
Company:
Health System
OUR IMPACT
Talented Employees are Less Likely to Leave
In taking a closer look, individuals who did not go through the Quality Selection Process ® (QSP ®) showed turnover rates of 53%, and individuals who did go through the QSP had a 14% turnover rate. The overall retention rate for new hires is 86%.
For every $1 this health system spends with Talent Plus, they see more than a $13 return on investment.
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Assessing Everyone Predicts Lower Turnover
We know the power of natural talent in healthcare.
"It saved us $19 million over three years on that reduction. Both I expressed, as did all the other people here today, that there is a return on investment."
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