More than just an employee survey
TINYpulse discovers how your employees are feeling, and performing
It costs a lot to hire an employee. On top of salary expenses, there are also benefits to be paid and costs associated with recruiting and onboarding. Additionally, companies also have to deal with a learning curve; it can take as much as two years for a new hire to become completely productive.
An organization is only as good as its employees. It may have state of the art buildings, equipment, vehicles, and a large budget, but if it has low quality employees it can be difficult to compete effectively. These days, innovation is the name of the game, particularly in technology-based businesses. Innovation depends entirely on people. Behemoths like Google, Facebook, Microsoft, and Apple are so successful not just because of technology, but also because of people.
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.