Losing productive employees, especially those with in-demand and specialized skills, is expensive. Each loss costs your business time and money in recruiting, training, and lost production. You want ...

Some level of employee turnover is natural for all businesses. While employees used to stay with one company for the majority of their careers, job-hopping has become much more common for today’s ...

A common turnover-related statistic is that when an employee quits or is fired, the cost to replace them is roughly 1.5 times their salary. The reasoning is that it takes time and money to hire and ...

Everyone agrees that turnover is expensive, but the exact cost is widely debated, falling anywhere between 30%–200% of an employee’s salary. Plus, it can be hard to put an exact number on the impact ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Calculating labour costs alongside how to pay employees correctly is a crucial ...

As a result, the person showed up to work late, often never even came into the office. When the person did show up, they were negative and were making those around them miserable. My friend was ...

I was in a client facility working on a plan for a new fulfillment center. As we were discussing the outbound shipping history and its projected growth, we noted it was erratic. The senior director ...