2018 Benchmarking Onboarding Retention and Turnover 
Business Management Daily
JUNE 14, 2023
Organizations in the US have had a problem with high turnover rates ever since 2018, when they hit an all-time high. Turnover rates have continued to increase ever since, especially during The Great Resignation — where more than 47 million Americans voluntarily quit their jobs. Does your company’s turnover rate need work?
Bonusly
DECEMBER 5, 2019
To solve employee turnover, we look at employee retention best practices and organization-specific strategies. Current best practice is to improve the employee experience in order to increase employee engagement and retention—and all the other great things that come with them, like improved business performance. Onboarding.
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Bonusly
APRIL 10, 2019
High turnover is a major concern for many organizations. In 2018, over 40 million people quit their jobs in the US compared to just 30 million in 2014. But how do you know if your turnover really is an issue? Let’s take an analytical approach to retention. For example, companies often see a turnover spike in January.
Zenefits
JUNE 17, 2019
At some point, if your business is more than one person, you’re likely to deal with employee turnover. Analysts estimate backfilling roles costs employers roughly 20% of that position’s salary in hiring, recruiting, and onboarding costs. What Is Employee Turnover? How Does the US BLS Calculate Turnover?
PI Worldwide
JULY 31, 2021
Employee engagement software helps organizations measure employee sentiment so they can increase engagement and retention. Through surveys and data analysis, these platforms drive insights that can help companies reduce costly turnover and increase overall performance. Beyond onboarding, employees are impacted by how they’re managed.
Yello
APRIL 25, 2018
04/26/2018 // Recruitment Marketing. The Society for Human Resource Management’s (SHRM) 2016 Human Capital Benchmarking Report calculates the average cost to hire a new employee to be $4,129. Increases Turnover-Related Expenses. The costs associated with employee turnover are considerable. Reduces cost per hire.
Paycor
JULY 10, 2018
You can also click through to our benchmarking quizzes to see where your company either falls short or is doing it right. From onboarding to developing employees throughout their career, it’s key to keep your people engaged and motivated. Even though these disengaged employees might not be your best, any turnover is costly.
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