Tag: business ethics

Employee turnover is expensive, with many estimates placing the cost of replacing an employee at 25-200% of the employee’s salary. By introducing policies and norms that increase employee retention, such as offering career growth, creating a balanced workplace, and finding the right-fit employees who can be long-term contributors to the company, you can reduce turnover… Continue reading Tips For Companies To Attract and Retain Employees

Employee turnover is a challenge that affects the financial and operational sides of business. Aside from being a human resources concern, turnover incurs significant costs due to recruitment, training, and lost productivity. Companies must understand these impacts to develop effective retention strategies. Let’s examine the financial and operational consequences of turnover so you can assess… Continue reading The True Cost of Employee Turnover (and How to Reduce It in 2025)

As workplace dynamics shift and expectations evolve, strong leadership is no longer optional; it’s essential. Companies that want to stay competitive need managers who can lead with clarity, empathy, and vision. Whether developing new leaders or sharpening current ones, understanding the most critical leadership and management skills sets the foundation for long-term success. Rapid digital… Continue reading Top Leadership Skills Every Manager Needs in 2025

Understanding your employee turnover rate reveals how well your company retains talent and what it might be costing you. If you’re trying to calculate retention and identify areas for improvement, you’re not alone. Businesses across every industry use turnover metrics to evaluate workplace culture, employee satisfaction, and long-term organizational health. Learn how to calculate your… Continue reading How To Calculate Your Employee Turnover Rate

Stay and exit interviews are critical for employee retention and understanding the reasons behind an employee’s departure or at risk of leaving. Stay interviews allow companies to retain current employees by gathering feedback and addressing concerns before an employee considers leaving. Exit interviews are conducted after an employee has left the company and provide critical… Continue reading Stay Interviews vs. Exit Interviews: Which Matters More for Retention?

Business ethics has become a necessary component for business growth and sustainability. According to Deel, 92% of workers prioritize working for companies that value their well-being, with 82% saying feeling happy at work is a key driver for productivity. Ethical workplaces foster a positive and productive work environment, boost morale and satisfaction, improve your organization’s reputation, and… Continue reading How Ethical Behavior Drives Employee Engagement, Retention, and Business Growth