Why High-Performing Employees Resign Despite Good Salaries and Benefits
Before losing valuable employees, which can lead to a drop in morale and operational disruptions, companies should consider the following factors:
📉 Limited Career Advancement Opportunities ...
Reducing Employee Turnover
The 8 steps of reducing employee turnover
Step 1: Hire the right employees
One of the best ways to improve overall retention rate is to improve the company’s hiring strategies. Employers ...
Demotion
Demotion, though not good for the incumbent or for the organization, but is practiced as an option for restructuring employees or for giving punishment to the employee.
A demotion ...
Resignation
Resignation is the voluntary separation of an employee from the organization.– Wendell French (1997:262).
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Resignation ...
Causes of Employee Attrition
There are several reasons why employees consider the option of moving out of the current organization. Some of the main reasons why attrition amongst employees exist are as follows:
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Attrition
Attrition, in Human Resource terminology, refers to the phenomenon of the employees leaving the company. Attrition in a company is usually measured with a metric called attrition rate, ...
Steps to Control Attrition
Companies can take several corrective actions in order to ensure that employees stay in the company and can reduce the attrition. Some of the employee retention strategies to control ...
Employee Turnover
In a human resources context, turnover or labour turnover is the rate at which an employer gains and loses employees. Simple way to describe it are “how long employees tend to ...
Retention
Employee retention refers to the ability of an organization to retain its employees. Employee retention can be represented by a simple statistic (for example, a retention rate of 80% ...
Your Employee Turnover Is Too High
What is your organization’s ability to retain the brightest, most experienced and dedicated staff! These are the people who keep everything running smoothly day after day.
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