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How Much Does Employee Turnover Really Cost?

Primalogik

No HR team wants to deal with turnover. Employee turnover can have serious impacts on a company in terms of both time and money—so every HR manager must learn how to minimize it. Turnover cost in time and money. How to reduce turnover.

While Employee Development Programs Fail, Growth Organizations Help Everyone Succeed

15Five

Over the last several years a performance management revolution has taken place, and businesses are now focusing more on the growth and wellbeing of their employees. This has led to the implementation of employee development programs that annually cost companies hundreds of billions of dollars. Organizations must choose whether they will just assess performance or work to improve it, and whether they will create collaborative environments or competitive ones.

How to Provide the Best Professional Development Opportunities

Bonusly

Now, more than ever, managers and leaders need to optimize the employee experience—not just for this quarter or this year, but for the long term. Professional development is an excellent way to show your employees that you recognize and respect their future as much as their present efforts. Defining professional development. What’s more, LinkedIn’s 2018 Workplace Learning Report found that 93% of employees would stay longer in at a company if it invested in their careers.