Retention

Toxic culture triggers turnover, costs billions

10/01/2019

One in five Americans have left a job in the past five years due to bad company culture. The cost of that turnover is an estimated $223 billion, according to a new SHRM report on workplace culture.

Snapshot: Young employees are prepared to bolt

09/18/2019

It’s time to ramp up efforts to retain your younger employees.

SHRM advises Congress on how to retain staff members

09/03/2019

The Society for Human Resource Management is doing its part to make Capitol Hill function more effectively, telling Congress how to retain staff members, whose work is characterized by high pressure, low pay and long hours.

Are bonuses the key to hourly retention?

07/18/2019

Some employers have decided that significant investments in bonus plans are worth a try. They’re making even low-level retail and restaurant staff eligible—even part-timers.

Healthy culture pays off in financial and people terms

04/30/2019

Cultural factors such as collaboration, employee engagement, employee retention and customer satisfaction have a clear relationship with revenue growth, researchers have found.

Fed calls ‘ghosting’ a real economic factor

12/18/2018

It’s official: In today’s tight labor market, “ghosting” is a genuine staffing issue affecting employers, and it could become a drag on the economy.

Beware the 6 deadly sins of bad management

11/26/2018

According to an Inc. report, here are the six most common management mistakes that lead to turnover—all avoidable if the right actions are taken.

Focus on retention: Pay jumps for job hoppers

10/29/2018

Wage growth continues to bump along near 3%, the same as the past several years. One group, however, is seeing much higher raises; and it’s a group that should have employers worried.

Wage report spurs worries about retention

09/20/2018

With the economy humming along nicely, employers know they need to retain workers or face the task of trying to find new hires. That’s increasingly difficult to do.

Recruiting: Attract millennials by helping pay their student loans

07/03/2018

Smart employers know it pays to appeal to millennial employees. For many millennials, one constant has defined their financial status for the entirety of their adult lives: The burden of student loan debt.