At some point, if your business is more than one person, you’re likely to deal with employee turnover. What Is Employee Turnover? A common definition of employee turnover is the loss of talent in the workforce over time. How Does the US BLS Calculate Turnover? MORE

The high first year turnover experienced in many, many organisations isn’t usually down to poor selection, it’s about everything else that’s going on instead. Induction Reports: Measure global metrics on HR productivity and key performance benchmarks. ► 2013. (44). MORE

And when it comes to business objectives, KPIs are our go-to benchmark. We know bias in business undermines employee commitment, performance, and retention. In our own business, a dedicated team launched Autism@Work in 2013—our industry-leading program. MORE

Retail turnover is breaking records–bad ones. Retention is a commonly accepted signifier of employee engagement , but in retail a high turnover rate is expected. However, retail turnover has been trending upwards as of late. Turnover is turning skilled employees away. MORE

Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent. 2013). 2013). MORE

Performance and retention: Organizations with engaged workers may have employees who are 57 percent more effective and 87 percent less likely to leave than organizations with low engagement. This retention aspect is particularly pertinent. 2013). 2013). MORE

This is because the signifiers of engagement are consistent across industries–higher productivity, job satisfaction, retention, profit margins, and more. Its study observes that because employee engagement in healthcare trends higher than global norms, any goals or benchmarks set to raise these scores must reflect this data. When measuring employee engagement in healthcare, it’s critical that realistic, data-informed criteria directs your goals. turnover. MORE

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Gallup tells us that only about 1/3 of employees are actively engaged, Glassdoor data shows an average engagement of a C+ (3.1 MORE

Failure to address these causes decreased productivity and employee engagement, an impact on overall team morale, increased staff turnover, and a negative impact on business outcomes. That lack of ‘connection’ with a business is also linked to lower levels of reliability and retention. MORE

Also, when you are dealing with a short supply, it may drive the organization to do more retention and more development. What do benchmark data reveal about industry and occupation trends? Turnover rate. Anticipated Supply 2013 = Sum of Current Headcount – Anticipated Exits – Anticipated Retirements. Anticipated Supply 2014 = Sum of 2013 Anticipated Supply – Anticipated Exits – Anticipated Retirements. What’s working in retention? MORE