How much is employee turnover costing your company? Don’t know? Here’s how to calculate the true cost of employee turnover.
Companies know replacing an employee costs considerable time, energy and lost productivity, few can put a dollar figure on the actual cost. Lack of hard data means investments in retention and recruitment programs get placed on the back burner.
Cost of turnover estimates for a single position range from 30 percent of the yearly salary for hourly employees (Cornell University) to 150 percent, as estimated by the Saratoga Institute.
Employee resignations are on the rise. Here are three ways to ensure you don’t lose your best talent.
What does employee turnover and going to the doctor have in common? A lot! Imagine going to the doctor because you don’t feel well. She gives you a form, which has ten options to choose from. None of these descriptors fully apply to your symptoms, so you select the...
Working moms are dropping out of the workforce in record numbers, as they try to navigate their work and family. Here’s what organizations can do to prevent this from happening in their own companies.
Frequently Quoted In
Finding the right talent is hard. Finding the right talent that will prosper and stay is even harder when you do it alone.
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