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 ...
Some level of employee turnover is natural for all businesses. While employees used to stay with one company for the majority of their careers, job-hopping has become much more common for today’s ...
Suffice it to say, the audiovisual integration industry has been, and continues to be, an interesting place to work in, study, and write about. What commands our attention is the never-ending ...
Forbes contributors publish independent expert analyses and insights. Caroline Castrillon covers career, entrepreneurship and women at work. According to Gallup, self-reported employee turnover risk ...
High employee turnover is a persistent challenge for many industries, including retail, hospitality and healthcare. It creates a cycle of recruitment, training and lost productivity that can ...
High turnover can also lead to decreased morale among remaining staff, inconsistency in service quality and, ultimately, a negative impact on the bottom line. Simply put: Show your team you care about ...
The working-age population in the United States is not growing, at least not enough to measure. With President Trump’s immigration enforcement, we may even have more people leaving the country than ...
Opinions expressed by Entrepreneur contributors are their own. When you’re in the early stages of business, it can be tempting to try to save money by hiring as few employees as possible and paying ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Michela Buttignol Annual ...
Thirty-three percent of U.S. hiring managers anticipate employee turnover at their company to increase in the next year, costing an average of $36,295 (e.g., cost to rehire, lost productivity) ...