November 2007 - Employee Retention

Employee retention may seem like a harmless and simple idea at first glance. A smart employer knows it is important to keep good employees. But have you considered the costs of not retaining employees? This month's issue
of Hire Results focuses on the cost of turnover and why people really leave.

Employee Turnover – Losing Money is Just the Beginning

There are many costs associated with employee turnover from the exit interview to the cost of interviewing and bringing on the employee’s replacement. And the financial costs are just the tip of this iceberg.
read more...

Surprise! It’s Not Always About the Money

Perhaps the number one myth when it comes to why people leave their jobs is that it’s about the money. Often people will give this answer in exit interviews because it is the easy answer. More often than not, people leave for factors such as working conditions, their relationship with a supervisor, policies and procedures, or increased workload due to budget cuts, etc.
read more...

Turn High Turnover into High Retention

Now that you have a better understanding of the high cost of turnover and the reasons employees leave, it is time to look toward proactive measures you can take to keep those good employees right where they are. read more...

Ask the Expert

What are my obligations as an employer to my employees who serve in the U. S. military? During a time a war, it is important for employers to understand their special obligations to employees who serve in the U. S. military. learn more...