Benchmarking Books Retention and Turnover 
HR Bartender
MAY 31, 2018
(Editor’s Note: This article is an excerpt from my new book, “ The Recruiter’s Handbook: A Complete Guide for Sourcing, Selecting, and Engaging the Best Talent “ (SHRM, 2018) SHRM members can order a discounted copy at the SHRMStore. Using that as your benchmark, which positions must be filled in less time?
ClearCompany HRM
JULY 28, 2022
A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. High employee turnover rates lead to increased hiring costs, which can be as much as two times the employee’s salary. 18% lower turnover for high-turnover companies. 43% lower turnover for low-turnover companies.
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Analytics in HR
FEBRUARY 28, 2024
Example: Annual employee turnover rate.) HR tip If you’d like to read more about how data can change hiring practices, we recommend Laszlo Bock’s book ‘Work Rules’. A closer look at employee turnover can reveal helpful insights, such as which departments, positions, or managers lose the most workers.
cipHR
AUGUST 9, 2023
Turnover rate High staff turnover is expensive and can hurt morale and productivity. HR teams can track their overall turnover rate either month-by-month or annually, which includes all leavers including those who are dismissed, made redundant, or retire. Like headcount, this data is most useful when it’s segmented.
Insperity
OCTOBER 8, 2024
Placing employees into roles for which they’re not well suited, leading to unnecessary stress on them and potentially higher turnover. Higher turnover. Retention problems. Rushed hiring decisions that result in hiring the wrong candidate. Over-hiring, which can result in near-term layoffs and damage your company’s reputation.
ExactHire
FEBRUARY 1, 2021
An employee onboarding process flow chart is a powerful visual tool because it creates benchmark deadlines. To help new hires get to know their coworkers, give them an autograph book. Tell current employees to initiate a short get-to-know you conversation when they sign the book. Employee Joining Process Flow Chart.
Contact Monkey - HR
AUGUST 14, 2024
Have you ever found yourself lost in a sea of employee engagement benchmark data, trying to decode the numbers?? If analyzing your employee engagement benchmark data has you stumped, read on for shortcuts and how-tos for better understanding your employee data. Let’s get started on this journey towards a more engaged workforce.
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