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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. Remember that gathering qualitative data through engagement surveys and other means is also important. Emphasize onboarding.

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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? It’s time to throw away the resume, ditch your interview process, and start looking at the data and science. times the employee’s base salary. Paychex Inc.

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20 Surprising Employee Retention Statistics You Need to Know

Bonusly

According to data from the US Bureau of Labor Statistics , three million employees have left their job voluntarily every month since June 2017. According to the research participants, the top reasons for leaving were a poor onboarding experience, a lack of clarity surrounding job duties and expectations, or a less than stellar boss.

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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. Not to mention, the cost of onboarding new employees is more than you might expect. Offer something they really want.