Pay close attention to your employees. They will always let you know when they are ready to leave your workplace but are you listening to what they are saying.
Always make sure you are prepared and have solid interview questions that will let you know whether or not that potential employee is going to long-term or short-term.
Yes, with the right stay interview questions, you’ll get the hang of how you can improve employee retention. We have six questions we recommend being asked to every employee during a stay interview.
Turn over rate meaning is the loss of employee from a workplace over a period of time. It is the percentage of employees who have quit or was dismissed.
Employee retention is important because if a company fails to retain its key employees, it decreases the company's bottom line including costs for coworker's overtime, time in recruiting, hiring and training of new employees.
Yes. Every time an employee leaves a company, the company losses profit. If a company loses too many employees that is more loss on the bottom line. The company will have to bring the turnover rate down in order to make a decent profit.