In years past, discussions about employee turnover focused on The Great Resignation and Quiet Quitting, but today a new trend is taking center stage: Personal Hiring
Companies that engage in "silent hiring" encourage their present employees to progress their careers and pick up new skills rather than hiring outside for those qualifications.
This not only lowers expenses but also allows employees the opportunity to have rewarding careers inside the organization, which increases employee retention and overall employer approval ratings.
Quiet Hiring presents a scenario where both employees and employers benefit, at a time when 56% of HR managers are having problems fulfilling their recruiting targets and future skill requirements
By allowing employees the option to explore new avenues and achieve professional growth by taking on new tasks, this innovative technique helps boost retention rates.