More than just an employee survey
TINYpulse discovers how your employees are feeling, and performing
Improving employee engagement is not just an HR issue but is, in fact, essential for business success. Since January 2018, over three million employees have voluntarily left their jobs every month, according to the US Bureau of Labor Statistics. Furthermore, Willis Towers Watson found that more than 25% of employees are qualified as being high-retention-risk — and these include high performers with critical skills. There are a myriad of reasons why employees are jumping ship, including inadequate onboarding, lack of internal career development, and poor benefits, to name a few.
Some industries—and businesses—seem to naturally have a higher turnover rate than others. In fact, there’s a close watch on the jobs with the highest turnover rates. That doesn’t always have to be the case. You can help ensure that your business is the exception by following a few key strategies that can drastically improves your odds of keeping quality employees. From employee retention strategies to better recruitment approaches, in all facets of employee recruitment and retention there are avenues to reduce turnover.
You’ve hired the best employees for open positions, but how do you keep them? When companies focus solely on recruitment strategies and ignore employee retention techniques, that’s like having someone agree to go on a date with you but totally forgetting your manners on the big night. This is a relationship, albeit a professional one, and without a retention policy you’re going to have a high employee turnover rate.