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Empowered employees drive innovation and have higher satisfaction and commitment. Many of the things we have already discussed will add to employee empowerment. Here is a concise how-to with tips on letting your employees take the reigns in order to grow your bottom line. All the while, raising retention rates and elevating the company’s culture. […]
If you are reading this and you have achieved a leadership role, then you have already been on both sides of the desk as an employee and executive. The key to being a great boss is simple: treat your team how you would want to be treated yourself. As employees, we all desire growth opportunities, […]
Related to and stemming from transparency is honesty. Employees stay when they see honesty and integrity as company values. Lack of trust in leadership severely damages retention. Telltale signs that your practices are creating a trust gap include: Policy changes or decisions made without explanation Perks taken away without reason or input Pay or […]
Transparency and open communication drive employee retention and company success. Time and again, secrecy sparks rumors, distrust, and turnover, while transparency drives understanding and buy-in. Employees who see openness as a core company value are 31% more likely to stay long-term. I have seen it over and over in my long career. And I have […]
While not the only factor, fair pay reduces turnover risk. We employ seasoned compensation analysts who cannot stress enough the importance of market-based pay to reduce costly turnover. With today’s transparent job market, and laws making it more so, employees know what competitive salaries look like and will jump ship if they feel undervalued.Perception is […]
The High Cost of Not Knowing… Ignorance is Expensive When employees leave, it often requires time and money to find and train replacements. There are a number of associated costs with turnover including advertising job openings, recruitment fees, interviewing time for managers, orientation and training of new hires, temporary staffing to fill gaps, and reduced […]
If you are looking for a specific topic within Our Ultimate Guide To Employee Turnover, this is the place to find it. We have put together a comprehensive guide as created by our talented human resource consultants. No matter what Human Resources consulting topic you need a ssistance with, you can find it from our […]
Sources & References We have put together a massive guide to Human Resources Consulting tips and tricks regarding employee turnover and retention. Below are the sources for our statistics and factual statements in every article and su-topic. If you are an HR consultant and you reference our articles or any of the statistics, be sure […]
Employee Onboarding is Your Best First Step to Stop Turnover Effective onboarding boosts new hire productivity, confidence, connection and satisfaction. This leads to improved retention. The most successful companies onboard over months, not days. Ongoing checkpoints and training help cement roles and where available, assigning a well matched peer mentor creates connection and relationship.Employee Onboarding […]
Recruiting is one of the most important functionsHiring the wrong person results in turnover from the outset. When HR is doing its job, the right people get sat in the right seats. Recruiting gets done everyday all around the world. The problem is that it is done poorly 50% of the time and another 30% […]