Employee turnover negatively impacts every company, regardless of the size of the business. Employee turnover is costly, but how can you estimate the cost for your business? This is a difficult question. Even the experts disagree on specific metrics or how to quantify the implications of turnover. It is important to consider both the financial and emotional impact of turnover. Then, you…
As a business leader you have strong knowledge in every facet of your company. You are well versed in the financials, you run an efficient, productive operation and are vigilant about innovation. But what about the human component of the business? What would happen in the event that one of your key employees resigned? Are you equipped to…
Have you ever been caught by surprise when a key member of your team suddenly submitted their resignation? Unfortunately, this scenario plays out all too often in today’s competitive work environment. It is too late to try to retain top talent when they are handing in their resignation. Everyone in the company feels the impact when this…