Calculate employee turnover by dividing departures by average headcount, then multiply by 100. Keep your rate under 10% for healthy employee retention.

Over my 30-year career, I have witnessed firsthand the challenges and rewards of employee retention. Retaining top talent is more than just a competitive advantage — it’s essential for sustaining ...

The work environment is still being rocked by two influential trends: record levels of resignations (50 million people quit in 2022) and record lows in employee engagement (only 32% of employees ...

Retention is a high priority for any health system, including Renton, Wash.-based Providence, which has approximately 122,000 employees across multiple states. On Nov. 11, Martin Schreiber, EdD, vice ...

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 ...

US employers could lose $1.3 trillion to attrition in 2026 if employees continue to feel overlooked and disconnected to the ...

It is imperative for all organizations to have a winning retention strategy in 2024. Those who remember 2021 well will know that the Great Resignation was about more than a tidal wave of talent ...

The process of recruiting, hiring and onboarding talent for your business is a time-consuming and expensive process. According to the Society of Human Resource Management (SHRM), the average cost to ...

Each year, employee turnover costs U.S. businesses about $1 trillion. Here are some ways businesses can reduce turnover rates and improve employee retention. Employees expect to be compensated well ...

HR leaders have come up with unique ways to improve retention rates within their organizations through enhanced benefits and greater employee recognition, but there is one basic approach that is often ...

Rework is the silent tax on efficiency, eroding margins in business, straining budgets in government and undermining mission ...

Employee turnover in the casino industry poses significant challenges, impacting productivity, efficiency, and, ultimately, profitability. High employee turnover can lead to increased recruitment and ...