In a thriving job market and with the social work habits of millennials, job hopping is on the increase.
Shorter stints in a company are becoming the rule, especially compared to the “lifer” mentality of the
baby boomers. With talent acquisition being extremely costly for organizations, HR departments are
deeply concerned with ways to retain their workforce longer. Succession plans are required to manage
the consequences of shortened job tenures. Companies require a strategic plan for employee talent and
development cultivates internal talent to meet evolving company needs. Leveraging HR technologies to
accomplish these needs is an important part of the overall strategy. The correct system gathers data to
create insights and help accomplish the following: