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HR invests in the future to secure the best talent A competitive labor market is driving HR departments to invest more than ever in talent acquisition & retention. Copyright © 2019 HireRight, LLC. All Rights Reserved. Reproduction of this publication in any form without prior written permission is prohibited. Distribution of this publication in its original form is permitted. Clearly, it’s still a candidate’s market heading toward 2020 and organizations appreciate they must offer prospective employees ongoing career development. As HireRight’s 2019 Employment Screening Benchmark Report revealed, organizations are placing significantly more emphasis than in previous years to find, nurture and retain the best talent. We’re seeing substantially more resources being allocated to not only attract, but also inspire and cultivate talent once it’s been acquired. 49 % 2018 55 % 2019 6 % Difference Making our HR process more efficient Maximizing employee engagement Finding qualified candidates 66 % 2019 59 % 2018 7 % Difference Keeping good employees/ reducing turnover 58 % 2018 65 % 2019 Developing leaders within the company 41 % 2018 47 % 2019 39 % 2018 46 % 2019 7 % Difference In what initiatives do you plan to invest in the next 12 months? 7 % Difference 7 % Difference
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HR invests in the future to secure the best talent...HR invests in the future to secure the best talent A competitive labor market is driving HR departments to invest more than ever

Jul 08, 2020

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Page 1: HR invests in the future to secure the best talent...HR invests in the future to secure the best talent A competitive labor market is driving HR departments to invest more than ever

HR invests in the future to secure the best talentA competitive labor market is driving HR departments to invest more than ever in talent acquisition & retention.

Copyright © 2019 HireRight, LLC. All Rights Reserved. Reproduction of this publication in any form without prior written permission is prohibited. Distribution of this publication in its original form is permitted.

Clearly, it’s still a candidate’s market heading toward 2020 and organizations appreciate they must offer

prospective employees ongoing career development.

As HireRight’s 2019 Employment Screening Benchmark Report revealed, organizations are placing significantly

more emphasis than in previous years to find, nurture and retain the best talent.

We’re seeing substantially more resources being allocated to not only attract, but also inspire and

cultivate talent once it’s been acquired.

49%

201855%

20196%

DifferenceMaking our HR processmore efficient

Maximizing employeeengagement

Finding qualifiedcandidates

66%

2019

59%

2018

7%Difference

Keeping good employees/ reducing turnover

58%

2018

65%

2019

Developing leaders withinthe company

41%

201847%

2019

39%

2018

46%

2019

7%Difference

In what initiatives do you plan to invest in the next 12 months?

7%Difference

7%Difference