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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. Recruiters are great, when you need a recruiter!

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Exploring the direct link between employee development and retention

Insperity

Ever since the COVID-19 pandemic and the subsequent onset of The Great Resignation , improving employee retention ranks as one of employers’ main concerns and priorities. As it turns out, there’s a critical link between employee development and retention. The answers get to the heart of why development impacts retention.

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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?

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

Since they began studying the topic in the 1900s, analysts have identified countless reasons for employee turnover. A July 2019 Zenefits poll of more than 600 businesses re-assessed employee turnover patterns, giving business leaders a modern lens of workforce needs, specifically within the small and midsize business communities.

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Reduce Turnover: Develop an Employee Experience Strategy – #WorkInspired

HR Bartender

Kronos was named one of the 2017 Best Workplaces for Giving Back by Fortune Magazine in conjunction with consultancy Great Place to Work. Forty percent of employers say they’re struggling to find qualified candidates , according to ManpowerGroup’s most recent Talent Shortage Survey. Congrats to them! Enjoy the post.).

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How HR can give your company’s employee retention strategy a boost

Insperity

Here are eight ways that your organization’s HR personnel can have a direct, positive impact on your employee retention strategy and serve as a valuable partner alongside management. Recruiting professionals on your HR team can help your company: Source candidates who align with both job requirements and organizational values and culture.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

Let’s survey your current staff! If it is mostly within the first 90 days, you likely have a recruiting issue, are not giving people a realistic job preview, or your front-line managers are scaring people away. Retention is Everyone’s Job. The real issue is that no one OWNS retention. We’ll call these staff “trees.”