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Infographic: 5 Reasons Why Employee Retention is So Difficult - DecisionWise

DecisionWise

Why is employee retention so difficult? A valid question, especially for those of us that went through the 2008 recession. Read more on Employee Turnover here. The post Infographic: 5 Reasons Why Employee Retention is So Difficult appeared first on DecisionWise. Well, times have changed. Download the PDF version.

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Easy Ways to Improve Your Healthcare Recruiting Process

Hireology

When I first heard this phrase our country was in the throes of the 2008 / 2009 financial crisis and things looked very bleak for our country. Retention rates and turnover. Are your retention numbers improving by implementing these qualification measures in your hiring process?

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The Millennial Turnover Problem in the Financial Services Industry

Hppy

The phrase “churn and burn” is commonly used to describe an industry’s high turnover rate. percent turnover rate , which is one of the highest among all industries. While many factors that play a role into this large turnover rate, looking deeper into the data isolates one glaring disruptor – millennials.

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Is the HR Accountable for Mass Layoffs?

Keka HR Blog

“Too often, they’re done for short-term gain, but the cost savings are overshadowed by bad publicity, loss of knowledge, weakened engagement, higher voluntary turnover, and lower innovation, which hurt profits in the long run,” write Sandra J. and General Motors Co., did not lead to profits as anticipated but caused productivity to decline.

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Predictive Impact: The Science Behind 15Five’s AI-powered Predictive Impact Model

15Five

This disengagement can often lead to performance and retention issues, among other problems. Our definition of engagement Unlike employee turnover, where rigid numeric measurement is inherent, employee engagement is difficult to quantify because it is strongly related to human emotion and thought. Bakker, A.B. & & Demerouti, E.

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8 Essential Employee Retention Factors Modern Employers Ignore

Rise

” Employee turnover is costly. Turnover affects the performance of an organization, and it becomes increasingly difficult to manage as the competition for skilled employees continues to increase. If your organization shares this struggle, it’s time to re-evaluate your retention strategy. Work schedule flexibility.

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Need Budget Approval for Your HR Initiative? These CFOs Have Tips for Getting the Green Light 

15Five

This is nothing like 2008 [or other previous recessions], but it is a slowdown, so that means pencils are sharper,” he said. They understand better than anyone that turnover is very expensive (especially losing high performers). There’s a more critical eye when activities are put in front of the CFO.