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Let me paint the real cost to you when this happens: 50% of your staff may not stay, or may not stay as long as they would have if they felt more appreciated. Failing to provide regular feedback and recognition can dramatically affect your rate of retention and turnover. Autumn Manning is one of the happiest CEO’s in the world.
High productivity and performance: Employees are consistently productive and meet or exceed performance targets. Low absenteeism and turnover: Few employees are absent from work due to illness or personal reasons. Employeeturnover is minimal, as employees are satisfied and committed to the organization.
Furthermore, she could not remember the last time anyone in management showed employeeappreciation. Promoting employeeretention. An atmosphere of recognition and gratitude strengthens employee morale, relationships, and connection to the company. Her boss did not acknowledge her flexibility and patience.
HRMS-Human Resource Management System. HRIS-Human Resource Information System. HCM-HumanCapitalManagement. HRM-Human Resources Management. All are integrated software systems that manage HR functions. High turnover is one of the stickiest problems in the current employment climate.
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