Tag: Employee Retention

retention

Redeployment 101: A New Tool for Your Recruitment Strategy

U.S. labor market trends, as reported by the Bureau of Labor Statistics (BLS), show that the employee quits-to-layoff ratio has significantly risen over the last 8 years, soaring higher than prerecession levels. This emerging trend in data goes to show that workers are confident in their ability to find another job. It also proves that it’s […]

negotiation

Counteroffers for Retention: Worth Doing or a Waste of Time?

It’s a real blow when valuable workers hand in their 2 weeks’ notice. Whether you had your suspicions or the resignation came out of the blue, you feel like you have to take action pronto—especially if those leaving are key players and have extensive knowledge of the company.

The High Cost of High Turnover

Make no mistake: High employee turnover impacts the day-to-day operation of your business. It also sends a message to prospective job candidates, and the message isn’t “work here.”