Employee turnover
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The Cost of Hiring In 2014 [infographic]

The Cost of Hiring In 2014 [infographic] | Employee turnover | Scoop.it
An infographic from SmartRecruiters shows the averages number of days and dollars to hire a new employee in 2014. Are businesses prepared for that?
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Engaged vs Disengaged Employees | Visual.ly

Engaged vs Disengaged Employees | Visual.ly | Employee turnover | Scoop.it

How sociial works with employees...Do you think your employees love their work? Think again! These are the telltale signs that your employees are starting to disengage. ...


Via Jeff Domansky
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Jeff Domansky's curator insight, August 17, 2013 5:24 PM

How sociial works with employees. This is a really interesting infographic for employee communicators, PR and internal communication specialists.

Florence Boy's curator insight, August 21, 2013 9:11 AM

C'est bizarre, non ? Pourtant les baromètres sociaux des entreprises ne sont pas si mauvais... Les collaborateurs mentiraient-ils sur leur motivation réelle ? Il y a sans doute des modes de management à changer...

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How to calculate employee turnover - Questions & Answers ...

How to calculate employee turnover - Questions & Answers ... | Employee turnover | Scoop.it
A company wishing to improve its turnover percentage needs to evaluate the incremental cost of doing so against the cost of replacing those employees who are leaving. When the turnover rate is already low, it may require an ...
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Cost to replace a Gen-Y employee: up to $25000 - SmartPlanet.com

Cost to replace a Gen-Y employee: up to $25000 - SmartPlanet.com | Employee turnover | Scoop.it
Cost to replace a Gen-Y employee: up to $25000
SmartPlanet.com
As a great example, look to the customer call-center function — a hotbed of turnover.
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Working to Reduce Turnover? Try Job Rotations

Working to Reduce Turnover? Try Job Rotations | Employee turnover | Scoop.it
With the high cost of employee turnover, that's not good news for employers. Here's one way companies can help hold onto their best and brightest employees: job rotation, writes Charles Coy at the Cornerstone OnDemand ...
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The cost of culture, a 50% turnover of the Fortune 500

The cost of culture, a 50% turnover of the Fortune 500 | Employee turnover | Scoop.it
Blog post at Toby Elwin : What is the cost of culture? Why is it even worth identifying corporate culture? Let's start with what is culture. Culture is the values, no[..] (Values and vision over optimization and bottom line.
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Republican Congressman Miserably Fails At Minimum Wage Math - PoliticusUSA

Republican Congressman Miserably Fails At Minimum Wage Math - PoliticusUSA | Employee turnover | Scoop.it
PoliticusUSA Republican Congressman Miserably Fails At Minimum Wage Math PoliticusUSA However, realistically this type of price increase would not be necessary, because the company would save costs through lower turnover, less employee theft and...
Margaret Jacoby, SPHR's insight:

Paying decent wages supports loyalty of employees and reduces turnover.

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Career Journal: How to Motivate Employees

Career Journal: How to Motivate Employees | Employee turnover | Scoop.it
Here is what to do when your employees are no longer enthusiastic about their work.
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Three Reasons Your Best Employees Don't Feel Recognized - Forbes

Three Reasons Your Best Employees Don't Feel Recognized - Forbes | Employee turnover | Scoop.it
Three Reasons Your Best Employees Don't Feel Recognized
Forbes
Everyone agrees how important recognition is, but most organizations don't seem to get it right.
Margaret Jacoby, SPHR's insight:

Great tips - all covered in my book "Practical Tools to Manage Costly Employee Turnover".

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Working Fathers Need Balance, Too

Working Fathers Need Balance, Too | Employee turnover | Scoop.it
An interview with Joan C. Williams, Distinguished Professor of Law at the University of California and coauthor of the forthcoming book, What Works for Women at Work: Four Patterns Every Woman Should Know.

Via The People Development Network
Margaret Jacoby, SPHR's insight:

Employees are less engaged that before - what can you do to retain them and turn that dis-engagement around?  "Nice" policies are a good start.

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Surveys Alone Won't Boost Your Employees' Engagement

Surveys Alone Won't Boost Your Employees' Engagement | Employee turnover | Scoop.it
Sure, companies should measure engagement. But they should never stop acting on what they've learned -- as one business discovered, with outstanding results.

Via The Survey Initiative, Jean-Philippe D'HALLUIN, David Hain
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The Survey Initiative's curator insight, July 30, 2013 7:18 AM

This has been the case for many years.  Your research (be it a survey, focus groups, interviews, one to ones) must form part of a larger project.  You must link your results to key business information - so that you can track the effects that engagement has on your business performance.

AlGonzalezinfo's curator insight, August 2, 2013 2:54 PM

Excellent Scoop David!  I especially like the fact the hospitality company realized 100 MILLION in revenue, attributable to employee engagement.

 

From the article:

 

For an engagement program to succeed, it must be aligned with and support the company's mission, strategy, and business objectives. An engagement program that lacks a strong tie to financial objectives won't prove its worth in investment dollars.

 

Engagement is often a leading indicator of financial outcomes. To measure the impact of its engagement initiative in dollars, the hospitality company quantified the effect of engagement on its business across three domains: financial, customer, and workforce. The company compared 2009-2010 engagement changes to 2010-2011 business outcomes for key metrics, including average daily rate (ADR), revenue per available room (RevPar), and customer satisfaction.

 

The results were impressive. Using metrics such as RevPar, ADR, turnover, and call center performance, the company realized a net benefit of about $100 million in revenue attributable to improvements in engagement.

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5 Simple Office Policies That Make Danish Workers Way More Happy Than Americans

5 Simple Office Policies That Make Danish Workers Way More Happy Than Americans | Employee turnover | Scoop.it
Americans think it's normal to hate their jobs. Let us introduce you to the Danish concept of arbejdsglde. It means happiness at work. Here's how...
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Can your organization reduce costs by paying workers more? - Financial Post

Can your organization reduce costs by paying workers more? - Financial Post | Employee turnover | Scoop.it
Financial Post
Can your organization reduce costs by paying workers more?
Financial Post
High employee turnover, poor or non-existent training and pervasive skills gaps also act as brakes on raising worker productivity and containing costs.
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Big Questions About The Impact Of A Minimum Wage Hike That Aren't Being Asked - Forbes

Big Questions About The Impact Of A Minimum Wage Hike That Aren't Being Asked - Forbes | Employee turnover | Scoop.it
Big Questions About The Impact Of A Minimum Wage Hike That Aren't Being Asked
Forbes
They estimate that the decline in churn during the recession cost the economy $208 billion.
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How to restore humanity to the workplace - BDlive

How to restore humanity to the workplace - BDlive | Employee turnover | Scoop.it
BDlive
How to restore humanity to the workplace
BDlive
Exit interviews will show that people are leaving because they feel they are being badly treated, mostly by a manager;.
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Why Do Good Employees Leave - Infographic

Why Do Good Employees Leave - Infographic | Employee turnover | Scoop.it
Having the right people in the right positions can mean the difference between success and failure for an organization. (Why Do Good Employees Leave?
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How Gen Y workers miss out on money, perks - MarketWatch

How Gen Y workers miss out on money, perks - MarketWatch | Employee turnover | Scoop.it
How Gen Y workers miss out on money, perks
MarketWatch
The high turnover rate is expensive for companies — employers estimate that it costs them $15,000 to $25,000 to replace every 20-something who leaves the company, according to a new survey.
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7 Qualities Of A Truly Loyal Employee

7 Qualities Of A Truly Loyal Employee | Employee turnover | Scoop.it
First things first: Where employees are concerned, loyalty has nothing to do with blind obedience, or unthinking devotion, or length of tenure.Surprised? Think of it this way.
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Weekly Wrap: What Costco Can Teach About Treating Employees Right

Weekly Wrap: What Costco Can Teach About Treating Employees Right | Employee turnover | Scoop.it
Know what I like about Costco, besides the prices? The employees ALWAYS seem to be perky and happy.
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Working With Millennials [infographic] – Friday Distraction

Working With Millennials [infographic] – Friday Distraction | Employee turnover | Scoop.it
Individuals born after 1980 now make up the majority of the workforce. This Column Five infographic addresses generational differences at work.
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