December 13 , 2018

Turnover

Recruiting Candidates Who Put Money First May Result in Early Turnover

Do you work in an organization where increasing an employee’s pay for retention purposes isn’t a realistic option? Whenever you hire someone who is driven by money, you are setting yourself up for future turnover failure. Money-focused hires are likely to immediately quit when they are offered even slightly more money from another firm. Salary is the No. 1 reason …

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Want Managers To Focus On Retention? — Show Them The $ Impacts Of Turnover

Almost everyone in talent management agrees that managers don’t place enough emphasis on employee retention, despite the fact that retention is often ranked as the No. 1 people-management problem. In fact, according to a recent PayScale survey, “63 percent of employers consider retention a top priority” (where five years ago, only 20 percent believed retention was as important). One of …

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The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken. That is because CEOs are laser focused on the strategic goals of the organization. So, if your metrics don’t …

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How Using a Single Broad Turnover Measure Can Cost Your Corporation Million$

Business Impact Turnover Measures That Can Dramatically Improve Employee Retention The simplistic and broad turnover metrics used by most corporations hide the real truth about the business impacts of employee turnover. And as a result, few executives realize that the way HR currently reports turnover is probably costing every major corporation millions of dollars. For example, many firms report a …

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Develop A Process For Limiting Early New-Hire Turnover

Early new-hire turnover is one of the most frustrating (40 percent of new hires leave within six months) and expensive (the cost of losing a new hire is at least three times their salary) aspects of recruiting. Yes, it’s true that all forms of turnover are now a major business issue. In fact, a recent Bersin by Deloitte global executive …

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