Archive for March 17, 2019
One of the major issues faced by businesses is employee retention. It’s important to note that 22% of new employees will actually leave their positions after just 45 days. There are, however, a variety of available solutions and resources to assist businesses with addressing this vital issue.
The Issue of Employee Retention
A recent survey revealed that more than half, or 57% of organizations, consider employee retention to be a problem. Human resources professionals indicated that this was their greatest concern, with 46% in agreement. Employee engagement was considered to be the second greatest concern for 36% of the participants.
How to Increase Employee Retention
An effective way to address employee retention is to have new personnel participate in a structured on-boarding program. It’s been found that when new hires participate in these programs, that they’re 58% more likely to remain with a company. In fact, they are more likely to still be with that