People Management

Employee Retention: How to Better Retain Your Workforce

Employee retention has a direct impact on your enterprise’s business performance and success in both the short and long term. That’s why leaders across your organization — not just your CEO and CEO, but also your CHRO, talent acquisition director, and departmental leaders — need to work closely with one another to keep your high-performing…

The Real Cost of Employee Turnover (And How to Prevent It)

The true cost of employee turnover involves much more than just recruiting-related expenses. In fact, when an employee leaves, it can cost from one-half to two times that worker’s annual salary to replace them. That’s because losing a team member includes added costs like: When you consider that voluntary attrition ranges from 12% to a whopping 60% annually…