Employee Turnovers Are an Expensive Part of Business Practice

Written by Economic Development Jobs on March 9, 2018. Posted in Staffing companies in dallas, Staffing company dallas, Temp jobs in dallas

Employment opportunity

If you are a manager or a director and have been caught off guard by the what seemed to be sudden departure of a valuable employee, you understand the reason the need that many businesses have for the services of a staffing company. Eemployment agencies can help companies of all sizes not only find the right employees but put practices in place that can help keep those employees for years to come.
Employment opportunities are both varied and complicated. In fact, a person who is at a job one day can be tempted by another position, even when not looking for other work. Fortunately, staffing companies offer a number of services that can help you find success in staffing your company not only for today, but also the future.

Successfully Staffing Your Company Is a Balancing Act Between Finding and Keeping the Best Hires

The day that your top employee walks in and announces that she is leaving can be a difficult one. If you have not implemented processes to help keep your top employees, however, this is an announcement that is likely to come. Too many employers make the mistake of thinking that the only thing they need to do is hire the best resources. The real secret though is making sure that companies are able to keep the best resources they find.
The latest research shows that new hires who undergo a structured on-boarding program are 58% more likely to be with the company three years later. Given that the costs of employee turnover can range from 30% to 150% of the employee’s salary, it is in the best interest of every company to make sure that they keep the top candidates that they find. Without specific practices in place, however, it is easy to lose the workers who you depend on the most.

One option that many companies are using to keep the top workers is to implement employee recognition structures. In fact, 86% of companies with employee recognition programs cite an increase in worker happiness. A happiness that can keep someone dedicated to the company where they work, instead of looking for other employment options.

Leave a comment

You must be logged in to post a comment.