The term “attrition” refers to the “unpredictable and uncontrollable, but normal, reduction of workforce due to resignations, retirement, sickness, or death; loss of material or resource due to obsolescence or spoilage.” This term employee attrition is often …
Employee Development Archive
It’s no secret that employee turnover comes with an excess of expenses. But most people only know about the obvious expenses—there is a whole list of hidden costs you might not be considering. While they might not …
Employees look to their superiors for feedback on their performance. Inc.com has provided 9 phrases that allow for constructive criticism to create a culture of team development. “Employee X has led to a major increase in Department …
A skilled athlete can only go so far without a skilled coach to accompany them. In the same way, a skilled employee needs a coach and mentor to prevent underperformance, and keep them on track and constantly …
The employee assessment method of hiring is becoming not only more common, but also an extremely influential practice these days. In fact, a recent survey by the American Management Association states that “almost 90 percent of firms …
The Center for American Progress found that employee turnover costs companies an average of 21 percent of an employee’s salary. Not to mention the amount of time and effort it takes to groom new employees for their …
Acquiring talent for your organization is half the battle—the other half is retaining and developing that talent. Obtaining talented employees carries no weight if said talent isn’t developed and harvested. Fortunately, there are 3 unexpected talent development …
Although it is often a forgotten responsibility of organizational leaders, employee development plans are an underlying necessity for harmony and success in the workplace. By greatly reducing turnover, thereby reducing the need for hiring processes, having an …