Employee Turnover Problem

Employee Turnover Problem - How to Decrease Turnover

Do you know how frequently your employee turnover rate is costing you? What could you do with the time and money you be spending on naked employees who dont stay? What atomic number 18 you risking apiece time you hire a bad Employee?
The Problem of Employee Turnover

The bring costs to your bottom line of employee turnover can weaken your business. Think of what it costs you to recruit, train, and return a new employee up to speed. In the current vocation market, with an overwhelming number of air seekers currently out looking for and applying to jobs, companies with high turnover are having an even more difficult time filling their string out positions with serve candidates who allow not just leave or be fired in the future. Although the actual cost may vary depending on the job or industry, the cost per new hire can average from $2000 to $8000 per hire. Even if you only turnover 10 employees per year, that is $20,000 to $80,000 off of your annual pro adapteds. This doesnt even take into good will the indirect costs incurred by turnover.




Employee Turnover Also effect:
* Employee Morale
* On the Job Injuries
* Customer Relationships
* Effectiveness of other(a) Employees
* Increased Theft
The Solution for Employee Turnover

The answer to the problem of employee turnover begins with the hiring process. To put it simple, you contend to make better hiring decisions. This means that you need a system for collecting and screening through your economic consumption applications to quickly weed out those who dont fit your minimum qualifications. Once you have a group of qualified candidates, the next step is to generate more information than what is usually on an employment application or learned in a standard interview. This information comes through the use of employee assessments. These assessments will provide you with valuable information about how each job seeker compares to the top performers currently performing the job....If you want to get a full essay, order it on our website: Orderessay



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