Employee turnover is a hot topic, with good reason! High turnover can impact your costs and cause employees to disengage. Furthermore high turnover can be a red flag to potential employees. So what do you do? What factors contribute to high turnover? Does turnover affect corporate compliance or does corporate compliance affect turnover? Are there steps you can take to lower risk for your company? Read on to discover ways to hang on to your best employees.
INFOGRAPHIC: Tips on how to achieve a low employee turnover
Highground has created an Infographic that explores the reasons for high turnover and how to lower it. Their emphasis on highly engaged employees is what makes these stats really stand out.
Employees leave good bosses nearly as often as bad ones
Even happy employees will choose to leave your company, no matter how hard you work to meet their needs. They’re called “happy quitters.” Find out what this means for you and why you should keep striving for a happy and engaged workforce.
Column: Skeletons in your business closet?
What happens when you have “skeletons in your business closet”? According to author Doug Pepin, one of your biggest skeletons may be that your company is not in corporate compliance. Besides potentially causing big fines and trouble, hiding these skeletons affects your workforce. Hidden issues leave employees feeling distrustful or uneasy, which can lead to a high turnover rate and low morale.