Why Exit Interviews are Critical to Employee Retention

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It’s a fact, to learn the real reasons employees leave, and make decisions on the truth as employees perceive it, organizations must ask employees why they left in a way that brings out the truth. When used effectively, exit interviews reveal the true causes of employee turnover and inform targeted strategies to improve employee retention.… Continue reading Why Exit Interviews are Critical to Employee Retention

Breaking Down the Direct Costs of Employee Turnover

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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 of turnover which is… Continue reading Breaking Down the Direct Costs of Employee Turnover

Voluntary Turnover Returns as COVID Recedes

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The latest voluntary quit (turnover) rate shows nearly twice the amount of employees quit their jobs in July 2020 than those who quit in April 2020. Even during a global pandemic, a historic recession (hopefully on a short one), high unemployment, and general fear and restlessness, U.S. workers still control the job market. Yes, that… Continue reading Voluntary Turnover Returns as COVID Recedes

Exit Interview Questions and Template for a Successful Interview

Exit Interview Questions and Template for a Successful Interview Including an exit interview process is beneficial for all companies to improve employee retention and day-to-day operations in the future. Find out how to effectively conduct an exit interview to get the feedback you need. Learn why using a third-party exit interview template is the best… Continue reading Exit Interview Questions and Template for a Successful Interview

How to Conduct an Exit Interview

Wouldn’t it be nice if you knew the reasons behind everyone else’s choices? When your company employs a well-thought-out exit interview strategy, this act can bring you one step closer to that reality. Exit interviews can reveal important information about the reasons behind an employee’s decision to leave. Learn more below about how a good… Continue reading How to Conduct an Exit Interview

It is Time to Rebuild HR, Not Defund It

There is considerable talk these days that HR does not deliver the value of its capability. Additional arguments include moving HR functions into Legal, Finance, and both internal and external Marketing/Communications. Should HR functions be reassigned or defunded? Can HR deliver the value it is designed to provide? The real question is whether HR has… Continue reading It is Time to Rebuild HR, Not Defund It

Unethical and Illegal Behaviors in the Workplace

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Unethical Behavior, Illegal Behavior, and Financial Impropriety in the Workplace Remain a Problem Americans today are rarely surprised upon hearing of any incident of unethical, fraudulent, or illegal behavior in the workplace. Instead, we just accept it as normal and routine if you will. Instead of being proactive in eliminating those threats, we sit about… Continue reading Unethical and Illegal Behaviors in the Workplace

Reasons Employees Quit their Job During the Coronavirus Pandemic

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Reasons Employees Quit their Job During the Coronavirus Pandemic We recently hosted a webinar titled “Voice of the Employee Trends During the Pandemic.”  The below quotes are based on Work Institute interviews with employees who quit their jobs based on how their organization managed the coronavirus pandemic. Employees continuously demonstrate three primary categories of reasons… Continue reading Reasons Employees Quit their Job During the Coronavirus Pandemic

7 Topics to Address in Exit Interviews

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Human resources professionals use Exit Interviews to understand employee turnover, with the purpose of using the information to make changes that increase retention of current employees. Although widely implemented, human resources practitioners often do not use a methodology that delivers critical objectives of Exit Interviews and they come up short on implementing meaningful changes that… Continue reading 7 Topics to Address in Exit Interviews

5 Musts for Conducting Exit Interviews

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Under normal marketplace conditions, it’s important for organizations to conduct exit interviews with former employees as a step to reduce turnover, increase retention and protect profits. In an employee-in-control marketplace, where approximately 3 in 4 reasons for turnover could have been prevented by the organization, it becomes critical for organizations to conduct exit interviews in… Continue reading 5 Musts for Conducting Exit Interviews