Dear Maddy: Why Do I Keep Losing My Employees to Other Companies

Dear Maddy: Why Do I Keep Losing My Employees to Other Companies

  Every company wants to keep its best talent. But it is easier said than done. In a job market where there are countless opportunities for a skilled employee, every benefit to the employee matters. In the United States alone, voluntary employee turnover costs around $617 billion annually. This does not include the involuntary layoff […]
Keys to Employee Retention

Keys to Employee Retention

It costs nearly 20 percent of an employee’s annual salary to replace a current employee. If you are experiencing high turnover, chances are you are experiencing high losses as well. The costs of reviewing applications, processing candidates, conducting interviews, training and purchasing equipment for new hires aren’t only monetary—they also cost time and lost productivity. […]