Reducing employee turnover is a key metric for recruiters to try and improve. Read our tips and recruitment advice on how to improve new hire retention, reduce unnecessary employee turnover and create a happier, healthier workforce.
Employee retention is simply keeping those whom you wish to keep and letting go of those whom you do not wish to keep. But retaining top talent requires regular work. People’s priorities change, as do organizational objectives. However, what shouldn’t change is a relentless commitment to making people feel welcomed, included, and appreciated in the […]
Continue reading
Imagine you’re in a job that you don’t like and you decide to leave. Now imagine that you’re in a job that you love but you have to relocate and reluctantly resign. On a company’s side of things, both of these situations lead to the same outcome; turnover, but they are very different situations with […]
Continue reading
Confused between terms like attrition rate, turnover rate, and churn rate? Want to know how to calculate them and work out your actual attrition rate? Then this post is for you. We’ll teach you how to calculate it and show you why keeping a healthy attrition rate matters. What is Attrition Rate, and Why Does […]
Continue reading
In 1982, researchers Katz and Allen, discovered that team performance increased after 1.5 years of average team tenure but after 5 years it started to decline. This landmark study raised a new question for business leaders; can losing staff be healthy for your company? Staff turnover is often categorised as ‘bad’, but this isn’t always the […]
Continue reading
Most vacancies arise because of bad employee attrition. The Bureau of Labor Statistics data shows that 95% of hiring is filling existing positions. This makes reducing attrition a key objective in any recruitment plan. Just as it’s important to hire the best possible talent into an organisation, it’s crucial to pay attention to which employees leave […]
Continue reading