Involvesoft Marketing


Recent Posts

The Roadblocks in Reducing Turnover and its Costs

Feb 28, 2017 10:12:49 AM / by Involvesoft Marketing posted in Employee Engagement, Reducing Employee Turnover, Employee Retention

0 Comments

Roadblocks in Reducing Turnover Infographic

Obstructions in Reducing Turnover

You’ve heard the positives and the negatives of turnover rates. You’ve probably even been curious on how it can affect your business. Most of the time businesses don’t speak about the true costs of employee turnover. In fact, the cost is largely hidden. The expenses don’t show in your loss and profit statements, and they are virtually hidden when it comes to company budgets. So how is this mysterious entity actually causing you harm?

Read More

Reducing Employee Turnover Rates in the IT Industry [INFOGRAPHIC]

Feb 16, 2017 5:55:17 PM / by Involvesoft Marketing posted in Employee Engagement, Reducing Employee Turnover, Employee Retention

0 Comments

The Cost of Employee Turnover

The Cost Of Employee Turnover Rates

Technology’s influence in managerial, financial, and operational practices becomes more evident day by day. The impact of losing top Information Technology (IT) talent can easily translate into an added cost ranging from 50% to 150% of that person’s annual salary. Human resources have the uphill task of reducing their employee turnover rates for in-demand professionals covering programming, analysis, tech-support, technicians, admins, and project management roles.

Read More

How to Calculate Employee Turnover

Feb 10, 2017 5:28:50 PM / by Involvesoft Marketing posted in Reducing Employee Turnover, Employee Retention

0 Comments

Calculating Turnover Rate and the Millennial Paradigm

As Millennials begin to flood the workforce, companies can no longer rely on traditional business practices. Millennials are a group of individuals that are foreign to a traditional work environment. They tend to enjoy their work, rather than slaving away for a salary. Because of this mentality, it’s important for new companies, and existing companies, to begin implementing good business practices. Failure to do so can result in current employees leaving their jobs, or even potential employees from making a decision. Turnover rates can be a tricky subject. Not because the concept is hard to understand, but because they’re many different factors when it comes to calculating it. It's important to understand how to calculate employee turnover.

Read More

Employee Turnover Costs: 4 Overlooked KPIs To Measure In 2017 [INFOGRAPHIC]

Feb 3, 2017 3:50:02 PM / by Involvesoft Marketing posted in Reducing Employee Turnover, Employee Retention

0 Comments

Employee Turnover Costs Infographic

Variables to quantify employee turnover costs

Numerous industries and verticals face massive challenges when it comes to retaining their top talent, and reducing employee turnover costs of their organization. Although, having a certain level of turnover is healthy in terms of gaining new talent insight, and maintaining an innovative culture. Note that a the typical Human Resource manager is far from quantifying the average employee turnover rate.

Read More

5 Simple Ways to Motivate Your Employees

Jan 19, 2017 7:05:39 PM / by Involvesoft Marketing posted in Employee Engagement, Reducing Employee Turnover, Employee Retention

0 Comments

Lack of Motivation Leads to Employee Turnover

Motivation is a key driving factor for the reason why an individual does a particular action. It’s a steppingstone into a field of productivity and advancement towards a small or large-scale goal. But motivation can be a touchy subject. It’s a much easier said than done type of thing. You can’t really tell someone to do something and expect to get a result out of it. Pure motivation comes from an inner belief that what you’re working for is for a worthy cause. It’s this internal willpower to do great work and produce your best effort every time.

Read More

Does a Low Employee Turnover Rate Yield Less Profit?

Jan 5, 2017 3:44:22 PM / by Involvesoft Marketing posted in Employee Engagement, Reducing Employee Turnover

0 Comments

Understanding The Difference Between High and Low Employee Turnover Rates

Contrary to popular belief, can lower employee turnover rates actually yield you less profit? It seems pretty crazy to think that as you retain employees, your profits decrease. But let's dive a little deeper into this. What’s the big talk about sustainability in the workplace today? Some questions that arouse could include, how can I change my turnover rates, how can I retain millennial talent, or how can I let go of employees without hurting my business? It’s the talk of 2018. As the new year gets ready to begin, it’s a good time to reflect on what your long-term objectives are.

Read More

Average Employee Turnover Rate: Analysis and Strategy for 2017

Jan 3, 2017 4:51:31 PM / by Involvesoft Marketing posted in Reducing Employee Turnover, Employee Retention

0 Comments

Quantifying Average Employee Turnover Rate

Every year companies face the challenge of retaining top talent and develop strategies to maintain their highest performers. Quantifying the impact of their average employee turnover rate is a must in today's ever evolving job market. Even more so when it comes to retaining high-level employees in management and leadership positions. Human resource departments face major corporate issues due to the high cost of finding adequate replacements that can achieve strong performance metrics, while also nurturing corporate culture and team building. Not to mention the opportunity cost leveraged when it comes to finding the right replacement within an adequate time frame.

Read More

How does Employee Alignment Impact your Employee Turnover Ratio?

Dec 26, 2016 3:16:22 PM / by Involvesoft Marketing posted in Employee Engagement, Reducing Employee Turnover, Employee Retention

0 Comments

What is an Employee Turnover Ratio?

If you’re not sure what an employee turnover ratio is no worries, I’m here to explain. Simply put, an employee turnover ratio is the ratio of total separations from the average number of employees. For example, lets say one month 30 employees left their job, for whatever reason, out of the 300 already employed individuals. Your turnover ratio for that month would be 10 percent [100 x (30/300)]. This indicates that your company lost 10 percent of its employees in the past month. While some companies choose to have high turnover rates to cycle though new employees, ideally this is not a good thing. Turnovers can cost your business a lot of time and money. Having high turnover rates means that new employees need to be constantly employed at your company. With this constant employment comes a constant effort in training and recruitment.

Read More

5 Examples of Corporate Social Responsibility in Companies

Nov 29, 2016 10:05:05 AM / by Involvesoft Marketing posted in Corporate Social Responsibility, Employee Engagement

0 Comments

Importance of CSR in a Company

Corporate Social Responsibility, or CSR for short, is the idea that a company should be socially involved with the environment around itself. This can range from engaging in nonprofit causes, to bettering the community, or creating stronger connections between employees. Ultimately, a company’s CSR is established to increase overall employee alignment with its values and mission. It is created to make employees, and employers, feel more connected with society. However, not all companies can take the same approach at CSR. It is important for industries to know their niche and what their employees want. Below are 5 different companies that show great examples of CSR in action.

Read More

Good Corporate Citizenship

Nov 22, 2016 7:12:09 PM / by Involvesoft Marketing posted in Corporate Social Responsibility, Employee Engagement

0 Comments

What is Good Corporate Citizenship?

What do companies such as Disney, Coca-Cola, GE, and Xerox have in common? All these companies embody a value of good corporate citizenship. Yes, they all have great products and services, but there’s more to just being an admired organization. They have made it a conscious effort to engage in the community and environment around them. Not only does this improve the reputation of these companies, but it also boosts sales. In a Nielsen Survey, it was reported that 55% of consumers are willing to pay extra for services and products from companies that are socially responsible. So what does it really mean to engage in good corporate citizenship? The definition can vary slightly, but ultimately it’s the idea of impacting society, and the environment, through corporate giving and philanthropic causes.

Read More