Employee Retention
Employee retention is a key challenge in organizations today. This section includes tips, articles, tools and ideas to learn employee retention strategies that will help you retain your best staff
The following is a comprehensive checklist of items to include when calculating the cost of turnover in any organization. To determine the costs, have the hourly and weekly cost of fully loaded payroll costs (i.e. salary plus benefits) of the vacant position, the management staff, the recruitment staff and others as outlined below.
Businesses that don’t actively train their people risk losing them—and creating gaping holes in their organization.
Remember the peak of the technology “bubble”? It was 1999 and the height of the technology boom, the first turn of the century gold rush to hit America. Technology companies could not hire people fast enough. As long as a person was breathing and possessed some semblance of knowledge, they were hired.
