It is very difficult to find a good employee for an organization as well as to retain them. High turnover is expensive, time-consuming and frustrating
High employee turnover can have a severe impact on your business, both financially and emotionally.
Calculating employee turnover is easy. It’s essentially the percentage of the total number of employees who leave an organization, over a period of time, and are replaced by new employees.
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Lack of the amount of training given.
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A bad match between the employee’s skills and the job.
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Initial expectations are not met
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A lack of an efficient hiring process.
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Lack of opportunity for advancement or growth.
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Your business doesn’t support long term goals
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Not defining the right roles in the organization.
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Unequal or substandard wage structures.
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There is no communication
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There is no effort to solve disengagement
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Voluntary turnover occurs when an employee leaves for any personal reason. But involuntary turnover occurs when the employer lets go of employees for being a poor performer.
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seek out to implement proper training planning for your employees.
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Conduct frequent seminars, presentations, workshops to help your employees build their skills.
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Clear communication and follow-throughs are necessary to ensure the policies are effective.
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Use sufficient tools to keep your hiring process efficient and help create a great experience for everyone involved.
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Offer a flexible work schedule.
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Set expectations that time off is indeed time off.
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Having the right learning and development resources in place for your employees.
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Use sufficient tools to keep your hiring process efficient and help create a great experience for everyone involved.
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