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 ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Monica Hickey During a ...
Replacing employees is expensive in terms of both time and money. The real management challenge is identifying the drivers of employee churn and eliminating them, writes Dave Martin, of BankMechanics.
Open, effective communication in the workplace creates an environment where employees feel valued, stay engaged, and perform at their best. When companies prioritize clear communication, they improve ...
According to the U.S. Bureau of Labor Statistics, nearly 20% of new employees leave the company they’ve joined after less than a year. The average tenure today is 3.6 years (and declining). Tenure in ...
Forbes contributors publish independent expert analyses and insights. Curiosity expert improving engagement, innovation, and productivity. Many leaders believe their people leave for higher pay, but ...
Everyone agrees: loyal employees should be rewarded. But how and with what? Almost nobody agrees on this, yet getting it wrong is one of the fastest ways to see your employee retention rate plummet.
According to a Gallup poll published in January, employee engagement in the U.S. dropped significantly in 2024, to the lowest point it’s seen in nearly a decade, with only 31% of employees engaged.
The role of recruitment in employee retention is foundational and strategic, often influencing the longevity of an employee’s career within an organization. Recruitment is the first touchpoint ...
Employees who report a good experience with a period of leave from work are 75% more likely to stay at their job for five or more years, according to an Oct. 27 report from The Guardian Life Insurance ...