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Workplace conditions that drive employee retention are not a one-size-fits-all solution. It does not matter what industry benchmarks say about retaining employees because each organization is unique, and their retention efforts should be too. Each company has their own history, their own culture, and of course their own individual people.
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Categories: Leadership, Retention | Tags: retention, turnover, job market | View Count: (367)
05

Pulse Surveys and the Growing Job Market

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Because it is highly unlikely that an employee will reach out to the organization to let their superiors know they are searching for a new job, it is imperative for the organization to be proactive in seeking feedback from their workforce to know who is thinking of leaving, when they plan on leaving, and what the organization could do to prolong their employment.
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Categories: Retention | Tags: pulse surveys, retention, job market, turnover | View Count: (308)
28

Use Your Power: Stop First Year Turnover

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New job creation is at record highs, unemployment is at record lows and skilled workers are in short supply, placing employees in a powerful position to change jobs when their current role doesn’t meet their expectations. According to the 2017 Retention Report, employees are wielding their power frequently as 34% of all employee turnover in 2016 was from employees within their first year of employment
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Categories: Onboarding, Exit Interviews, Retention | Tags: Onboarding Studies, Exit Interviews, Process Evaluation, First Year Turnover, Employee Retention | View Count: (1209)
If your first-year turnover rate is significantly higher than your overall turnover rate (5-10%) then you need to evaluate this issue now and develop a strategy to solve the problem.
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Categories: Exit Interviews, Retention | Tags: Exit Interviews, Employee Retention, First-Year Turnover | View Count: (4262)
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