Work Institute’s latest analysis of over 120,000 exit interviews reveals 75% employee departures in 2025 were preventable. To help organizations address this challenge, Work Institute is proud to release its highly anticipated 2025 Retention Report, offering data-driven insights into the key drivers of turnover and actionable strategies for improving employee retention. This year’s report offers… Continue reading 9th Annual Retention Report is Now Available
Tag: cost of turnover
Employee Retention: The Actual Cost of Losing an Employee
What is Employee Retention? What gets measured gets managed. With the estimated costs of employee turnover ranging from 33% up to 200% of the departing employee’s salary, it is imperative for organizations to understand exactly what goes into the overall cost of employee turnover. There are multiple layers in beginning to calculate the exact costs… Continue reading Employee Retention: The Actual Cost of Losing an Employee
Employee Engagement & Retention
Updated for 2024 Organizations continue to struggle with finding, attracting and retaining employees. And after they have done that, they struggle with creating the workplace conditions necessary to drive employee productivity. To manage responsibly, companies increase budgets and resources (money and people) on engagement initiatives that simply do not work. So what in fact is… Continue reading Employee Engagement & Retention