Budgeting for Employee Turnover

Budgeting for Employee Turnover

Employee turnover is expensive – more so than you might think. When budgeting for employee turnover, some of the costs can be tracked and calculated but others are harder to gauge, like the impact on employee engagement. Easily measurable or not, they all hurt...
Are Job Descriptions Required By Law?

Are Job Descriptions Required By Law?

Q: Are job descriptions required by law? A: Job descriptions are not required by law, but they’re certainly great to have and serve several purposes. First, a job description, when accurately written, should reflect the actual work done. The applicant or employee can...
How Stay Interviews Can Increase Employee Retention

How Stay Interviews Can Increase Employee Retention

When employees leave, the exit interviews can help you understand why. Like the exit interview, the stay interview solicits employee feedback; but instead of being conducted as an employee exits, it’s conducted before employees decide to leave. As the name implies,...
Exit Interviews Can Help You Increase Retention

Exit Interviews Can Help You Increase Retention

The exit interview is a conversation with a departing employee about their time at the company and the reason for their departure. It’s completely optional, but some employers conduct them to learn about workplace issues they may want to address. Exit interviews can...
Investing in Employee Training Boosts Retention

Investing in Employee Training Boosts Retention

There’s an old joke about an executive who worries that training their employees will be a bad investment because they might leave, to which the sage CEO says, “What if we don’t train them and they stay?” Contrary to common fears, training employees doesn’t usher them...

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