Myric Achieves Milestone with Over 150 Companies Utilizing Patented HR Marketing Technology for Employee Retention

Myric Reaches New Heights with 150+ Companies

In recent developments, Brain Lab, Inc. has announced that its HR marketing tool, "Myric," has successfully been adopted by over 150 companies within approximately a year and a half since its launch. This remarkable achievement signifies the pressing need for effective solutions in managing employee retention and recruitment in today's competitive labor market.

Understanding Myric

"Myric" is not just any HR tool; it integrates a comprehensive management system for attracting potential hires and ensuring their retention post-employment. Backed by a patented technology (Patent No. 7734919), it provides a holistic approach to human resource management, ideal for companies grappling with rising recruitment costs and high turnover rates.

Traditionally, many HR services have focused only on recruitment or job matching without offering substantial support for what happens after an employee is hired. Recognizing this gap, Brain Lab developed a system that assesses the entire employment lifecycle, focusing on metrics that can predict and improve employee retention.

The Importance of Integration

Japan's declining workforce has escalated recruitment costs, leading to a significant need for employee retention strategies. For companies, losing a newly hired employee not only strains resources but can severely impact overall business performance. Therefore, retaining staff who can contribute long-term is more critical than ever.

What sets Myric apart is its ability to provide a seamless transition from recruitment to retention. It allows employers to track and analyze potential candidates even before they join the company, providing insights into their engagement levels and likelihood of completing the application process.

Unique Patented Technology

The core of Myric's innovation lies in its patented technology that empowers businesses to visualize and understand key metrics throughout the hiring and retention process. Here are the key features of Myric:

- Pre-Employment Engagement: Myric sends targeted job listings to candidates, capturing their interest levels and engagement through integrated web management.
- Post-Employment Surveys: Myric deploys periodic surveys to employees to reinforce engagement and satisfaction. Each response helps calculate a "Retention Score" reflecting the risk of turnover.
- Comprehensive Management: Myric is designed to cluster data from various stakeholders — applicants, hiring managers, and current employees — into a unified platform, facilitating an organized approach to talent acquisition and management post-employment. It allows real-time insights into potential retention risks based on various influencing factors like mental well-being, motivation levels, and relationships with supervisors.

By consolidating recruitment and retention data, Myric integrates efforts from attracting talent all the way through to retaining it, ensuring that employers can engage effectively throughout the entirety of the employee lifecycle.

The Future Path for Brain Lab

As it moves forward, Brain Lab is intentioned on enhancing the Myric platform further by harnessing the power of AI technology to improve analysis precision. Additionally, they plan to expand integrations with key communication tools to better support interaction between employees and management.

With the knowledge gained from partnering with over 150 companies, Brain Lab aims to become an essential infrastructure for the human resources sector, maximizing employee engagement across various enterprises.

About Brain Lab, Inc.

Founded in 2002, Brain Lab, Inc. has established itself as a leading provider of HR solutions for businesses ranging from big enterprises to small startups. Their flagship products include "Career Plus" and "Matchingood," alongside Myric, which address the recruitment and retention initiatives effectively. The company is headquartered in Minato-ku, Tokyo, and is part of the ZIGExN Group.