Hiring and on-boarding are time consuming. When companies have to go through these processes repeatedly due to frequent employee turnover, it can be costly. One way to minimize turnover is to nip it in
Travelling is one of the most refreshing and rejuvenating activities. It is no surprise that there are so many travelers that advocate traveling for educating and exploring your own self. Traveling is, no doubt,
With the unemployment rate hovering at an historic low of 4.1% and the department of labor reporting average job tenure declining, retaining the employees you have is much more important now than it was a
The phrase "churn and burn" is commonly used to describe an industry's high turnover rate. Based on recent data, it's appropriate to use that phrase when describing the financial services industry. According to a Compdata
We’ve made some enormous progress in the last few years when it comes to the importance of diversity in the workplace. Despite ongoing problems some industries (such as the tech industry) have in successfully creating
Every employee plays a significant role in the growth of your business. Qualified employees impart their skills and abilities in their positions for sustainable productivity and positive results. However, when they leave, the process of
High turnover rates can kill enthusiasm, productivity and ultimately your bottom line. Although there are many potential causes, poor management is one of the top reasons behind employee dissatisfaction and resignation. So, what types of
Millennials: the dominant generation in the U.S. workforce, according to various labor reports, may have a slightly tainted reputation for not staying at any one particular job for a very long period. The constant turnover
A small business does need to run smoothly and efficiently in order to be successful. One thing that can undermine the operation of a small business is employee turnover. When an employee abruptly quits, the
The role played by employees in an organisation cannot be overemphasized; employees are the backbone of any business’s success. The quality of an organisation’s workforce determines the overall performance of such organisation; performance in the
