Chart Your Course

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Employee Turnover – The Hidden Cost

Chart Your Course

What is employee turnover costing you? A successful business is always looking for ways to cut costs and increase revenues, so they can grow their profits. Employee retention is important because employee turnover costs time, money and productivity. There are many tasks involved in running a successful business.

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Cutting Costs/Curtailing Services Can Produce Crappy Customer Service

Chart Your Course

In uncertain economic times, it’s common for businesses to focus their time and energies on ways to cut costs. According to a survey conducted by Harris Interactive for Careerbuilder.com in 2012, 40 percent of companies said they lost upwards of $25,000 per bad hire in 2011, and 25 percent estimated the cost was more than $50,000.

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Five Strategies for Hiring Success

Chart Your Course

The National Association of Colleges and Employers estimates the average cost-per-hire in 2011 and 2012 was $5,100. Some managers are good interviewers, some aren’t. What if you have an introvert interviewing candidates for a sales manager position; or an extrovert interviewing people for an analyst’s position?

Strategy 196
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Four Ways to Grow Your Business

Chart Your Course

The website, which became widely available in 2006, was ranked the most visited website after Google by Nielsen Media Research in 2011. A great way to gain new customers with little marketing costs is to find businesses that compliment your services and share customers. The trajectory of Facebook is equally astonishing.

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