Posts Tagged: employee turnover

The Millennial Churn: What It Means for Employers

millennial churn

Turnover is always a concern for employers. Among many issues, the loss of an employee means the loss of the investment you put into hiring and training that person, the loss of institutional knowledge they accumulated on the job, and the potential damage to morale of co-workers, a result of seeing a fellow employee leave…. Read more »

The True Cost of Employee Turnover

How does employee turnover affect your bottom line? Employee turnover— HR professionals and company accountants understand it costs money, but the true cost of turnover is often widely underestimated. It may be shocking to you, but researchers estimate the cost to replace an employee totals anywhere from 30% to 150% of an employee’s annual compensation…. Read more »