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Great Cultures Promote Candidate/Employee Retention?

Companies with great cultures know their cultures promote and reward employee retention.  However, most companies don’t know or understand their cultures repel employees from both applying and/or staying.  Reversing the talent drain by creating a culture of candidate retention will take

Posted in culture, retention, talent gap Tagged with: ,

DO YOU KNOW THE REAL COST of POOR RETENTION, TURNOVER and RECRUITMENT?

John Hagen and Catherine Pierce-Waserpa

The cost to replace a $60,000/year employee is $150,000. The cost to retain the same $60,000/year employee is $21,700! Choose Wisely!! Without a great talent management strategy, a company with 2,000 employees is losing almost $2Million every year in preventable turnover alone.

Posted in retention Tagged with: , ,

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