When an employee hands in their notice, it’s not unusual for managers and other team leaders to “check out” from the relationship. However, even though an employee is preparing to leave your organization, you can still learn invaluable lessons from their departure. While it’s true that employee turnover exists at virtually every organization and business… Continue reading Things You Should Avoid Saying In An Exit Interview
Category: Exit Interviews
How to Reduce First-Year Employee Turnover
Companies across the US regularly face the issue of employees exiting the organization within the first year of employment. This is important because replacing an employee is an expensive practice that can be cured. Continue reading to learn the best way to reduce first-year employee turnover. A recent study shows that 52% of employee turnover occurs within the first twelve… Continue reading How to Reduce First-Year Employee Turnover
Why Exit Interviews are Critical to Employee Retention
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
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
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
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
Why People Quit During the 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 why people intend to quit or quit during this… Continue reading Why People Quit During the Pandemic