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HR Advice for Small and Medium Businesses

HR Partner

Invest in your current talent, and since you’ve already spent thousands of dollars in recruiting, hiring, onboarding and training – why not invest more into retaining them? Recruitment Processes. I have two pieces of advice for small to medium businesses: 1) Don’t rush recruitment. times the employee’s base salary. .”

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11 Easy Ways to Reduce Employee Turnover

Bonusly

Voluntary turnover can be due to relocation, retirement, family illness, a more enticing job offer, an interpersonal conflict, or a micromanager who's constantly blocking an employee's progress. Organizations also cover the less obvious costs around recruitment, productivity, training, knowledge, and morale. Foster camaraderie.

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

Despite that focus, progress for many organizations have been stymied by competing priorities and a lack of resources. The cost of recruiting and onboarding new hires aside, this is a cohort of employees whose presence won't be easy (and in some cases will be impossible) to replace.

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5 Reasons Offering a Sabbatical Program Pays Off

Zenefits

In a study conducted by the Allianz Longevity Project , nearly 70% of millennials (69%) said they would prefer to “explore, experiment, and travel” prior to retirement, which is higher than other generations. Related: An Over 30’s Guide to Recruiting Millennials. Happy employees are productive employees. Which brings us to… 5.