More than just an employee survey
TINYpulse discovers how your employees are feeling, and performing
The best companies truly invest in their employees with time, resources, energy, and training. So when employees walk away, that’s a lot of investment lost. In 2018, more than a quarter of U.S. employees left their jobs voluntarily (not including attrition), costing companies over $6 billion dollars.
There’s a ton of hypothetical advice out there about improving employee retention rates, but sometimes the best thing to do is see what’s actually worked for successful companies. A couple years ago, we wrote about five companies with incredible employee retention strategies, and it’s turned out to be one of our most popular articles.
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.