Do you know what it costs when you make a bad hire? Do you know what it costs if one of your star employees leaves you to work for a competitor? If not you need to compute your Cost of Employee ...
The process of recruiting, hiring and onboarding talent for your business is a time-consuming and expensive process. According to the Society of Human Resource Management (SHRM), the average cost to ...
High employee turnover can cripple even the most successful organizations, making it a key metric that no business can afford to ignore. It is a key indicator of workforce stability, employee ...
Losing productive employees, especially those with in-demand and specialized skills, is expensive. Each loss costs your business time and money in recruiting, training, and lost production. You want ...
Everyone agrees that turnover is expensive, but the exact cost is widely debated, falling anywhere between 30%–200% of an employee’s salary. Plus, it can be hard to put an exact number on the impact ...
As a result, the person showed up to work late, often never even came into the office. When the person did show up, they were negative and were making those around them miserable. My friend was ...
Employee turnover can be a highly costly burden on small to medium-sized enterprises, but could emerging technologies like artificial intelligence prompt improvements in retention rates? With the ...
Forbes contributors publish independent expert analyses and insights. Forbes Contributor covering the future of entertainment technologies. Late last year, The Washington Post proclaimed, "workers are ...
Aside from the cost effectiveness of hiring former workers to fill open positions, there are significant benefits to cultivating a diverse workforce that encompasses people of all backgrounds and ...