CHALLENGES
- Employee Turnover Costs
- Poor Hiring Practices
- Low Sales Effectiveness
- Poor Management
- Poor Customer Service
- Poor Employee Motivation
- Poor Team Developement
- Poor Job Fit
- Productivity Improvement
- Employee Stress Handling
- Poor Employee Engagement
Employee Turnover Costs
Employee turnover is inevitable, but when it is excessive, employee turnover often puts a business into the red. The costs of turnover are easy to overlook or ignore - but ignore them at your own peril.Excessive employee turnover has obvious costs you can track, but the real costs take a greater toll. Many new mployees do not become fully productive until they’ve been trained and gain experience, a process that usually takes several months. The time, effort, and money invested in those employees, walk out the door when they leave.
For a ballpark estimate of the money your organization loses to employee turnover, we suggest using a conservative one third of the total payroll of the people who turned over.
Solutions
- Career Personality Tests
- Employee Selection Process
- Interview Questions
- Improve Sales Hiring
- Team Building Tools
- Organizational Management Analysis
- 360 Degree Evaluation
- Improve Customer Service
- Key Performance Indicators
- Succession Planner
- Leadership Development
- Motivating Employees
- Talent Management
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