Businesses are spending more money than ever recruiting applicants for entry-level roles, only to hire less than 5% of candidates.
Industries like retail, foodservice and hospitality suffer from disastrously high turnover in entry level roles. The cost of replacing these workers runs up to an estimated $5,000 per employee.
LearnUp addresses three root factors of turnover: misunderstood expectations, lack of skills, and lack of support.[2,3,4] Armed with realistic expectations and skills before day one, employees start strong and stay employed longer.
Source: Turnover analysis across commercial deployments over an 8 month period, 2015-2016.
LearnUp prepares candidates on company- and job-specific skills, informed by business needs. Employees hired through LearnUp show up to the job ready to become productive top performers.
Source: Manager survey on employee performance relative to peers at 30 days. Typical workforce represents employees that have not prepared with LearnUp before joining.
Higher quality candidates yield massive hiring efficiency: 3x more hires from fewer interviews and less money spent on sourcing. LearnUp automatically schedules interviews, accelerating hiring speed and saving manager time.
Source: LearnUp analysis across commercial deployments, 2015
Start today and see progress within two weeks of launch. Save on sourcing, hiring and employee turnover, and benefit from higher sales productivity.
Source: LearnUp Employer Partner Cumulative Year 1 ROI. Internal model using historical outcomes combined with published efficiency, turnover, productivity cost estimates. 2016.
Matt Argano, PhD, SVP HR
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