The upsurge in the American economy has brought with it an increased number of job openings. This has led to more unhappy employees to leave their jobs to take on new, more promising, positions.
0 Comments Click here to read/write comments
Topics: HR best practices, recruiting and hiring, onboarding best practices, employee turnover, company culture
As a manager or business owner, you probably hear of the importance of employee 'engagement' quite often. While this might sound good, what exactly does that look like and how can you foster it?
0 Comments Click here to read/write comments
Topics: HR best practices, employee turnover, company culture, employee engagement, management practices
Keeping business costs down is a primary function of management in any organization. But some costs are not easily recognized, such as employee turnover, and these costs can hurt a business that isn't actively managing them.
0 Comments Click here to read/write comments
Topics: employee onboarding, employee turnover, employee engagement, management practices, business development
While it is a fact of business life that employees leave and new hires are needed when businesses grow, it is still far more cost-effective to retain good employees than to bring on new hires.
0 Comments Click here to read/write comments
Topics: recruiting and hiring, new hire, employee turnover, company culture, employee engagement
Business owners are always striving to keep costs down while looking to generate greater profits. But one of the areas of cost that is often miscalculated is the cost of employee turnover. And it is greater than you think.
According to work management company Wrike, employee turnover is costing U.S. companies over $160 billion a year. And Harvard Business Review notes that high performing employees can deliver up to 400 percent more than the average co-worker. Consequently, the loss of a high performing worker can vastly increase the costs that result from their departure.
0 Comments Click here to read/write comments
Topics: HR best practices, recruiting and hiring, employee onboarding, employee turnover, workforce management