Studies have shown that cost related to directly replacing an employee can be as high as 50–60% of the employee's annual salary, but the total cost of turnover can reach as high as … See more

Employee Surveys – By surveying employees, organizations can gain insight into the motivation, engagement and satisfaction of their … See more

For organizations and employers, understanding the environment is the first step to developing a long-term retention strategy. Organizations should understand why employees … See more

An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. The theories overlap, … See more

It is important to first pinpoint the root cause of the retention issue before implementing a program to address it. Once identified, a program can be tailored to meet the unique … See more

By focusing on the fundamentals, organizations can go a long way towards building a high-retention workplace. Organizations can … See more

Turnover costs can have significant negative impact on a company's performance. Turnover cost can represent more than 12 percent of pre-tax income for the average … See more