Remove Employee Engagement Remove Magazine Remove Onboarding Remove Retention and Turnover
article thumbnail

Attrition versus turnover: What’s the difference and why does it matter?

Insperity

What do you think of when you see the terms “employee turnover” and “employee attrition?” For many of us, these phrases call to mind workplace dysfunction, job losses or even confusion, because turnover and attrition are closely related ideas. What is employee attrition? What is employee turnover?

article thumbnail

Who Owns Retention? The REAL Employee Turnover Problem

Achievers

What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What Is a Retention Specialist Exactly?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Shocking Employee Turnover Statistics

Reflektive

We all know that employee turnover is a problem, but just how of a big of a problem is it? How much does turnover cost companies? The High Cost of Turnover. Due to this propensity for job-hopping, Millennial turnover costs the U.S. Millennial turnover costs the U.S. Why is employee turnover so costly?

article thumbnail

4 Key Employee Engagement Strategies On A Budget

6Q

Employee engagement is a hot topic these days. The deeper the attachment is, the more effort your employees will make in the job. This, in turn, translates into improved staff morale, higher productivity levels, better staff retention, and greater company success all round. Communicating company values.

article thumbnail

Employee fulfillment: Building a workplace culture that inspires and retains

Insperity

Employers are always talking about employee engagement. For good reason, there’s a lot of interest in this topic – especially as workforce retention persists as a significant challenge. But what about employee fulfillment ? Employee fulfillment isn’t often on business leaders’ radar – but it should be.

article thumbnail

8 HR KPIs to measure in a post-pandemic workplace

Insperity

Finally, it’s important that managers and supervisors know how and when to reach out to HR with any individual employee performance concerns or themes, so that HR can provide appropriate guidance and solutions. Employee engagement. Unfortunately, employee engagement can be difficult to measure. Employee retention.

article thumbnail

4 Ways to Prevent Your Employees From Quitting

Achievers

Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. These statistics are highlighted by Rich Hein , senior managing editor of CIO Magazine.