article thumbnail

The Real Cost of Employee Attrition

The Center For Leadership Studies

When conducting a thoughtful analysis on the real costs of employee attrition, the first thing you need to wrap your head around is that all turnover is not created equal! All of that to say, the real costs of employee attrition emanate from Quadrant 4. Quadrant 4. Productivity. Good people are surrounded by good people!

article thumbnail

Seven Ways to Leverage Internal Mobility

The Center For Leadership Studies

How To Engage Your Workforce & Reduce Employee Attrition Each of us wants to know we are valued and bring value. Consider these practical strategies that will both engage your workforce and reduce your attrition. This can be to shadow someone for a week or two, or be trained to do a “stretch” job for 3-6 months.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovative Ways to Improve Employee Retention

HR Digest

Moreover, attracting and training new employees is time-consuming and expensive, making it crucial for employers to find innovative ways to decrease staff turnover rates and keep their workforce engaged and motivated. The current competitive marketplace has made it a necessity for organizations to discover steps in managing attrition rates.

article thumbnail

More Than a Buzzword: Let’s Be Honest About Diversity and Inclusion

N2Growth Blog

Human resource departments are instilling D&I training for hiring managers and discussing their role in hiring diverse employees and creating a culture of inclusion. The reality is that diversity and inclusion is a crucial ingredient for creating a workplace that fosters a culture of leadership and healthy employee engagement.

Diversity 272
article thumbnail

Research Highlights The Glass Ceiling In Academia

The Horizons Tracker

Subtle practices that stereotype, exclude, and devalue women, as well as inhospitable working environments, particularly for primary caregivers, are just some of the factors that could be contributing to attrition rates,” the researchers say. Brain drain. Unequal opportunities.

Attrition 129
article thumbnail

What are the basics of a people strategy?

HR Digest

Without a well-thought-out people strategy, there can be inconsistencies in managing employees leading to human resource (HR) issues and even employee attrition. . Employees that are better trained and cared for have a direct impact on the business outcomes. . Let’s find out. . What is a people strategy? . Increased loyalty.

Strategy 119
article thumbnail

Recovering Your Company Culture

thoughtLEADERS, LLC

Company culture is one of the most widely discussed parts of the recruiting process, and takes strong leadership from the top to course-correct when things have gone astray. During our video conference, when I asked what challenges he was facing he responded, “Employee sourcing, recruiting and training costs.”