Hiring people is hard work, and it’s getting harder. The unemployment rate is extremely low (4.1%) and going down.
reducing turnover rate, Turnover, turnover rate, wage growth, what employees want, Employee Retention, financial wellness, how to help employees, reduce turnover, employee loyalty
employee attrition, high turnover, reducing turnover rate, turnover rate, why do people quit, cost savings, Employee Retention
Businesses regularly aim for a 10% benchmark when it comes to employee turnover rates. Unfortunately, that figure is not always obtainable. In fact, sometimes turnover has to do with conditions beyond an employer's control - certain industries are inherently subject to high turnover rates. This means employers in[...]