Retaining Staff Reducing Employee Turnover

Retaining Staff Reducing Employee Turnover Introduction Employee turnover and the retentivity of valued employees ar study problems facing business in the U.S. The average turnover rate is hovering at 15%. The price associated with that turnover can be high - generally 25 percent of the individuals annual salary. Unemployment in the United States is at a 24-year low. Employee loyalty is down. Never before has it been so critical to spirit on strategies for keeping good employees. However finding a solution to high turnover is not easy. One study inducement for retaining employees is the cost of turnover.

Keeping good employees increases profits. Employee turnover is a direct drain on the bottom line. Another inducement for employee retention is the high cost of recruiting and replacing valued employees. In a low-unemployment market, employees ar increasingly difficult to find. Many employers are trying to reduce employee turnover with quick fixes, gimmicks, games,...If you want to have a full essay, order it on our website: BestEssayCheap.com

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