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.

How Much Is Employee Turnover Costing You?

UpstartHR

Years ago, I worked for an organization with a turnover problem. Everyone knows that employee turnover is a problem, but just how much of an issue is it, really? Today we’re going to explore the far-reaching nature of turnover and what it means for your organization.

The Secrets of Low Turnover Companies [Infographic]

HighGround

One metric often used to assess the health and attractive power of an organization is its turnover rate. Measured as the percentage of employees in a workforce who leave during a set period of time, turnover rate reflects employee engagement at a certain company.

Correlating HR Consumerization and Minimizing Turnover

Get Hppy

Employee Engagement and Retention. Aside from placating candidates, employee retention and engagement are some of the most important issues in HR. Through predictive analysis, they continuously evaluate “retention risk” for key job roles. Employee turnover HR Trends

The Complete Guide to Buying an Applicant Tracking System

nd quality candidates, leading to better retention. tend to stay, which boosts your employee retention rate. With Newton’s 95%+ retention rate and over 3,000 happy customers, we think you’ll.

How Does Mentoring Impact Employee Retention?

Get Hppy

Employee turnover is fast becoming a challenge for organizations around the world. In a report provided by the Hay Group, the turnover rate for the time period of 2013 to 2018 is anticipated to be 23 percent. First, let’s take a look at the hard costs of high turnover.

Employee Turnover is Highest in January: How to Keep Critical Employees from Leaving

Visier

This is the time of year when employers need to be proactive with their employee retention strategies. The Cost of Employee Turnover. Employee turnover is the single most prevalent HR metric. How to Reduce Employee Turnover.

17 Shocking Truths About High Employee Turnover [INFOGRAPHIC]

Switch and Shift

What causes high employee turnover and what can be done to remedy the problem? Read More» The post 17 Shocking Truths About High Employee Turnover [INFOGRAPHIC] appeared first on Switch & Shift.

Organizations Need to Expect Turnover

HR Bartender

Organizations are focused on retention. Obviously, turnover is expensive – both in terms of cost and knowledge loss. However, it’s unrealistic to think that turnover won’t exist. So, organizations need to think about what amount of turnover is going to be acceptable.

Keeping Millennial Workers: How to Improve Employee Retention

Get Hppy

The constant turnover of millennial workers is both tiring and expensive for company hiring managers. She has shared what she did to increase retention rates to an average retention rate of over 90% with millennial employees: How to Improve Your Employee Retention.

Best Techniques To Reduce Employee Turnover In 2017

TalentCulture

High employee turnover is generally considered bad for any organization. A common downside of employee turnover is high costs. If your brand has been experiencing high turnover for the past few years, now is the best time to explore smart retention strategies.

2 Steps to Reduce Voluntary Turnover to Zero

RecognizeThis!

Rightly so – call centers rank among the highest turnover jobs in the world at 30-45%. So what if I told you about a call center with workers who deal with irate customers call after call, day after day, and yet their turnover has been zero – ZERO – for several years? by Lynette Silva.

4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

The cost of employee turnover is outrageously high. High turnover is one of the major red flags job seekers look for when considering a new employment opportunity. To learn more about employee turnover, check out the blog post How to Spot Who’s Going to Quit Next. . .

Without Retention, Diversity Efforts Fall Short

Reflektive

The study found unfair treatment is the single largest factor in turnover across all groups and it is significantly more pronounced in the tech industry than other industries (42 percent of tech-industry leavers versus 32 percent of technical-role leavers in non-tech-industry fields). Unfair treatment is the single largest factor in turnover across all groups and it is significantly more pronounced in the tech industry than other industries.

Retention Is A Leadership Problem

NoExcusesHR

HealthcareHR corporate culture ego employee relations employer brand HR human resources leadership retention rpo talent turnoverI've heard the excuses for years.literally. Leaders complaining about everything under the sun that is negatively impacting their departments.

How to Protect Your Company from High Employee Turnover

Achievers

Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? Your onboarding process should be built with employee retention as one of its primary objectives.

4 Ways to Reduce Employee Turnover and Improve Your Bottom Line

Achievers

Employee turnover is one of the most bottom line busting costs associated with a company’s workforce. That being said, what tools and initiatives will help you reduce employee turnover ? 50% of HR leaders said that an increase in employee recognition would boost employee retention.

The Top 3 Factors Influencing Employee Satisfaction And Retention: An Interview With Colleen McCreary

15Five

We are talking about hiring, development, employee satisfaction and retention. How does one win the “war on talent” in terms of both recruiting and retention? DM: What are the top 3 factors that influence employee satisfaction and retention?

Burnout Is Sabotaging Retention

TLNT: The Business of HR

Culture Engagement HR Insights Overtime Performance & Personality Strategic HR Turnover Wages, Pay, & Salary Workplace Stress FeaturedI don’t know much about the massage industry, but it occurs to me it must be riding high these days.

17 Shocking Truths About High Employee Turnover [INFOGRAPHIC]

SuccessFactors

If high employee turnover rates are a problem for your business, the answer is, not enough. When employee turnover becomes a trend, the resulting expenses can become crippling. The cost of employee turnover. How much do you value the employees behind your organization?

8 Ways to Reduce Employee Burnout (& Prevent Turnover)

Brazen HR

Bottom line: If you want to increase productivity and prevent turnover, you have to take strides to prevent employee burnout. The major determining factor in employee retention isn’t income, but happiness. Prevent Burnout = Prevent Turnover. Do you want to prevent turnover?

How High Employee Turnover Hurts Your Company

TalentCulture

High employee turnover hurts the business bottom line. Lost knowledge, training costs, interviewing costs, and recruitment costs all add up, and companies cannot afford to ignore the long term implications high employee turnover has on the success of the business.

The Proven Links Between Retention and Employee Experience

Globoforce

Retention and employee experience are two sides of the same coin. My story is not unique, which is why retention remains a serious issue for HR and business leaders. What’s more, retention has very real financial implications. Is one of them retention?

To Be or Not to Be: Is Retention Becoming Obsolete?

HR Daily Advisor

Employee retention is one of the most important factors contributing to the growth and success of a company. For decades retention has been viewed by HR professionals as one of, if not the leading health-indicator of an organization. So, Is Retention Obsolete?

Turnover Reduction Option: Focus on Implementing Career Paths

HR Daily Advisor

Thankfully, there are a lot of actions that employers can take to proactively reduce turnover. Here are a few tips for employers considering this involved but rewarding option for employee retention. Hiring & Recruiting Strategic HR employees hris retention turnover

Professional development positively effects engagement and retention, study says

HR Morning

Just how big a role does professional development play in employee engagement and retention? Impact on retention. The survey found there’s a 34% higher retention rate comparing those with development opportunities compared to those without.

Study 42

“Counteroffers work!” …and other lies about Employee Turnover

Stratus

In fact, there are a lot of turnover lies that business owners recognize as truth. That doesn’t mean that high turnover must be a way of life for businesses. But first, employers must get past the myths that may be driving employee retention to all new lows. Employee Turnover Myth #1: Counteroffers work. Employee Turnover Myth #2: You can’t compete with big business benefits packages. Employee Turnover Myth #4: Sometimes employees are just ready to move on.

Employee Turnover: signs your employee is leaving

Stratus

Gardner’s research found that the biggest sign of departure was disengagement from the company – something that smart businesses can help prevent with the right retention strategies (see below). How small companies can improve employee retention. In fact, there are a number of ways small businesses can tackle the problem of employee turnover head-on without eating through a lot of disposable cash. Develop a retention strategy. Turnover – What Is It Costing You?

4 Reasons For High Employee Turnover

Insperity

Employee turnover is an element of change that directly affects your bottom line. As such, it is important to identify the motives of departing workers and devise an effective retention strategy. Change is inevitable, but it can be costly for your business.

It's Time To Take Employee Retention Seriously

Hoops

The prevailing attitude when discussing retention is to simply accept turnover as a fact of life. In actuality, there are specific and actionable that can be done to improve employee retention rates. Talk to employees to find out why turnover is high.

Why Some Employee Turnover May Actually Be a Good Thing

TLNT: The Business of HR

As turnover rates for employees continue to increase, there seems to be an almost universal agreement among HR and managers that “ we must do something” to retain our employees. First of two parts.

Predicting Turnover: The Top 5 Reasons Employees Leave

TalentCulture

Employee turnover — whether voluntary or involuntary — is costly and inevitable. But the pain it causes employees and employers can be alleviated by better understanding turnover itself. Does turnover look different across various demographics?

Why Retention is Essential to Your 2017 Recruiting & HR Strategy

Workology

This is why retention is key to essential in HR as well as recruiting. Yes, I can’t believe it’s November either, but it is which is why I’m taking a moment to remind you that retention is critical your recruiting and employee retention efforts in the next 12 to 24 months. This flip also demonstrated why retention is so important in recruiting. They’re also shifting their focus to be around retention in general. 2 – Employee Retention.

The sometimes fine line between retention and regrettable turnover

Steve Boese

Your pal Hugh Hefner, founder of Playboy magazine passed away last week at the age of 91.

10 Tips for Boosting Retention and Performance in Healthcare

Globoforce

So it’s no surprise that turnover is one of the biggest issues facing healthcare organizations today. And yet fixing the turnover dilemma – by attracting and retaining highly engaged workers – is one of the biggest areas of opportunity in healthcare.

Employee Retention – How To Keep Your A+ Employees

ExactHire HR Trends

Ah…employee retention. And…turnover–the subject of most leadership meetings and one of the biggest challenges facing every industry and company. So why is combating employee retention and turnover still such a problem for so many employers? Since no two individuals are the same, no single retention strategy can work for all. Engagement and retention are personal topics and everyone has their own drivers and motives.

The Top 5 Predictors of Employee Turnover

The Tim Sackett Project

Quantum Workplace recently released a study they put together on the predictors of employee turnover. Employee turnover is becoming a huge issue as the unemployment rate falls, which is expected. How can this be a ‘real’ indicator of turnover?!). But, check out the study, they also give some tips and insight on how control turnover. What are the real Turnover Predictors?

How to Calculate Employee Turnover

HRsoft

Analyzing employee turnover can be painful but necessary. As you probably already know, the costs associated with turnover can be damaging for any organization. If you’re not already analyzing turnover data, you can use this quick guide to figure out how to calculate employee turnover.

The reward of employee retention

Ceridian

You already know excessive employee turnover is a bad thing. According to the National Federation of Independent Business, the cost of employee turnover can be anywhere from 150-200% of your employee’s salary. priority will be employee retention.

Worried About Your Employee Turnover? See How it Stacks Up

Reflektive

Sure, there’s a certain amount of turnover that’s to be expected, but how can you know if the turnover in your organization is normal — or indicative of a larger problem? An Easy Way to Improve Retention. The post Worried About Your Employee Turnover?