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How Employers Can Respond to Employee Turnover

Many employers are feeling the impact of The Great Resignation, the trend where employees are continuing to quit their jobs in record numbers, following the COVID-19 pandemic.  But the good news is that turnover is not a lost cause. There are actions employers can take to reduce employee turnover and create sustainable and realistic changes.  …

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cost of employee turnover

The Real Cost of Employee Turnover in 2021

Today, people are leaving their jobs at a higher rate than ever before. In April of 2020, 1.9 million people quit their jobs in order to find something else. Then in August of the same year, that number increased to 2.8 million, according to the Bureau of Labor Statistics (BLS). Along with rising turnover rates, …

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Human Resources HR

How Your HR Department Can Recover from Unexpectedly High Turnover

Turnover happens at every company. When your turnover rates suddenly spike, however, HR staff may react with alarm. What’s happening? How can you prevent this unexpectedly high rate of turnover from becoming a chronic problem within your company? How to reduce turnover: Use exit interviews to help you understand the problem. Exit interviews can help …

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Succession Planning: What You Need to Do

Every company faces an employee’s departure at some point. When an employee is in a professional or IT position, however, their exit can make things more difficult for an entire department or organization – particularly if there is no succession plan in place. What is a Succession Plan? A succession plan provides steps for identifying and …

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