Month: August 2017

Oakwood Search lands #74 slot on the INC 500 for 2017

New York, NY — 8/16/2017 – Oakwood Search announced today that it landed #74 overall on the 2017 Inc. 500 honoring the 500 fastest-growing private companies in the United States.  In its category of Human Resources, Oakwood Search placed #2.  Over the past 36 years, this award has honored top performing growth companies including Microsoft, Zappos, Under Armor, …

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How to Avoid the Ongoing Turnover and Retention Crisis

The Society for Human Resource Management (SHRM) states that the average cost of hire is approximate $4,100 and it takes over 40 days to fill a position. A bank with high turnover rates and retention problems will accrue these costs through different stages. First, there are the costs of severance pay, temporary replacements and overtime for other staff.