Harvard Business Review

DECEMBER 4, 2018

By only looking at the total numbers, employers miss out on opportunities to identify issues among smaller groups that could be leading to attrition, as the views of the majority overpower those of minorities. By 2018, the percentage of women promoted to partner had risen to 40%, up from 26% in 2015.

Diversity 8

Diversity Focus Group Survey Attrition 8

Harvard Business Review

MAY 16, 2018

Beyond the cost to replace staff, which is estimated at 50%–75% of the new hire’s annual salary , this type of attrition damages coworker morale, disrupts customer relationships, and, in the age of employer review sites like Glassdoor, inhibits companies’ ability to attract new talent. The timing couldn’t be worse.

Reputation 12

Reputation Brand Attrition How To 12

Harvard Business Review

JUNE 30, 2017

This is a particularly acute issue at the entry level, where employers have come to accept that high levels of attrition and low levels of productivity and quality are normal. Launched in 2015, Generation works in five countries (India, Kenya, Mexico, Spain, and the United States). But it is possible to do better.

Training 11

Training ROI Attrition Metrics 11

Harvard Business Review

AUGUST 19, 2015

According to the 2015 SHRM/Globoforce Employee Recognition Survey , such reinforcement can boost retention, productivity, creativity, and business outcomes. For example, when ConAgra Foods analyzed its peer recognition it found that failure to recognize an employee’s good performance was a key predictor of attrition.

Peer Review 8

Peer Review Review System Attrition 8

Harvard Business Review

SEPTEMBER 27, 2011

Already 35% of the workforce is comprised of Millennials, born after 1977, and they will comprise nearly 50% of the workforce by 2015. Do you know the impact attrition has on your customer satisfaction and your ability to grow? Does your CHRO blog, tweet, have RSS feeds, and know what cloud computing, SaaS, and YouTube are?

Metrics 14

Metrics Human Resources Attrition CEO 14

Harvard Business Review

NOVEMBER 17, 2016

For companies seeking to replicate Uber’s success, it’s important to understand that high attrition rates may not be a feasible long-term strategy—the flood of part-time workers could always dry up. “You know how many people went to the dealer and buy new cars?” ” he asked. In the U.K.,

Motivation 8

Motivation Survey Incentives Attrition 8

Harvard Business Review

SEPTEMBER 23, 2015

Employee engagement is one of the top three concerns of most HR professionals, according to the Society for Human Research Management (SHRM)’s 2015 Globoforce Employee Recognition Survey. million in decreased attrition, absenteeism, and overtime, it also drove a $2 million profit increase and 34% jump in highly satisfied customers.

Bottom-up 8

Bottom-up Attrition Absenteeism Social Capital 8

Harvard Business Review

DECEMBER 14, 2018

The high costs of sexual harassment are evident, from employee outrage to the loss of worker productivity and employee attrition. In 2015, many universities around the country conducted surveys to measure the incidence of sexual violence on campuses nationwide, and university presidents then issued statements outlining the findings.

Survey 8

Survey Attrition Participative Reputation 8

Harvard Business Review

JULY 28, 2017

From 2015 to 2017, more than 75 large companies issued press releases touting new or expanded parental leave policies. Companies that have expanded their paid leave offerings have seen the attrition of new mothers drop by as much as 50%. Six weeks ! 20 weeks ! A full year !

Policies 10

Policies Press Release Attrition Fashion 10

Harvard Business Review

AUGUST 16, 2017

In 2015, 48% of junior doctors in their second year of training chose to drop out of the NHS. The British Medical Journal found that in 2015 , NHS hospital trusts spent nearly 25 times more on locum agency fees alone than on recruiting doctors to permanent positions – on average, each trust spent £1.4 This is 19.3%

Crisis 8

Crisis Long-term Training Short-term 8

Harvard Business Review

JUNE 12, 2017

Record snowfall in Boston of more than 100 inches in the winter of 2015 shut down transit systems for weeks and made it difficult, if not impossible, for some employees to get to work. after Hurricane Katrina.

Cost 8

Cost Tourism Supply Chain Attrition 8

Harvard Business Review

JANUARY 31, 2017

(In the experiments, the positive sales effect outweighed the negative impact; in the real world, it’s difficult to determine how consumers actually reacted after Cook spoke out against the Indiana law in early 2015, because Apple’s sales are driven by factors including seasonality and new product launches.)

CEO 8

CEO Attrition Travel Policies 8