Did you know up to 20% of employee turnover happens in the first 45 days? And the cost of replacing those employees can result in a huge burden on the organization: up to 300 percent of the replaced employee’s salary! Simply put, it’s becoming increasingly important...
There are simple steps organizations can take to avoid the costs of employees leaving their jobs. Our human capital management partner isolved offers these four methods to reduce turnover from recruitment to onboarding. Bringing a team member on board is always...
Losing top talent is a major concern for employers, and one way to prevent turnover is to make sure your employees want to stay with your organization. Our HCM partner isolved offers this advice on how to earn employee loyalty and retain your best workers. Employee...
Employee retention is one of the most difficult and expensive challenges faced by business owners, managers, and HR departments. Fortunately, the keys to retention are simple and straightforward, though certainly easier said than done. The following practices are...
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...