Examining The Causes of Employee Turnover

Jan 29, 2017 6:26:51 PM / by Saumya Bhatnagar posted in Reducing Employee Turnover, Employee Retention

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How Involve Can Help

Most human resources managers complain that turnover hurts their business. Often the employees who leave are the ones the business wants to keep. The causes of employee turnover range from financial to situational to cultural.

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5 Simple Ways to Motivate Your Employees

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

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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.

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How Disastrous Is Turnover? What can you do to Reduce Employee Turnover?

Jan 13, 2017 5:13:18 PM / by Saumya Bhatnagar posted in Reducing Employee Turnover, Employee Retention, Employee Engagement

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Organizations have been trying to reduce employee turnover using new innovative methods

Turnover is not just a sidelined issue in today’s company ecosystem anymore. It is a serious issue plaguing the most innovative of organizations, causing monetary loss as well as the potential of losing the most innovative minds in a company. Organizations have been trying to reduce employee turnover with a multitude of strategies. But what are the other implications of intention of turnover, and how can that harm your organization?

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Does a Low Employee Turnover Rate Yield Less Profit?

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

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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.

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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

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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.

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What effects does employee onboarding have on High Employee Turnover?

Dec 29, 2016 5:48:08 PM / by Saumya Bhatnagar posted in Reducing Employee Turnover, Employee Retention, Employee Engagement

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High Employee Turnover: What if employee onboarding could help you reduce it?

Employee onboarding is one of the most important factors helping new recruits get adjusted to the way of working in an organization. It is also one of the first things an organization can do to ensure improvement in high employee turnover when it comes to company.

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How does Employee Engagement Impact your Employee Turnover Ratio?

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

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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.

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What kind of industries have high Employee Turnover Rate?

Dec 23, 2016 12:33:43 PM / by Saumya Bhatnagar posted in Reducing Employee Turnover, Employee Retention

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Employee Turnover Rate: an issue plaguing every business

Managing employees in an effective manner requires you to stay on top of your numbers and keep a watchful eye on employee turnover rate. With the increase in employee turnover rate the cost incurred by the company increases as well.

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CSR Strategy: Shaping The Employee Experience

Dec 22, 2016 6:01:56 PM / by Saumya Bhatnagar posted in Corporate Social Responsibility, Employee Engagement

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CSR strategy for the next generation of socially conscious employees

“Service to others is the rent you pay for your room here on Earth,” said Muhammad Ali, the late great boxer and human rights advocate. Companies often focus service to others on maximizing shareholder value. However, a growing number of leading firms are broadening this focus to include serving their employees and communities through corporate social responsibility strategy, or CSR strategy. A major factor in this shift is the maturation of millennials into a prominent section of the workforce and consumer class.

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Leaders In Social Responsibility of Business

Dec 6, 2016 9:24:45 AM / by Saumya Bhatnagar posted in Corporate Social Responsibility, Employee Engagement, Volunteering

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CSR reputation rankings reveal market leaders

With great power comes great responsibility. As such, it’s no surprise that some of the world’s top companies are leading the way in social responsibility of business. A recent study by the Reputation Institute, a leading reputable advisory firm, examines the corporate social responsibility reputations of firms across the globe. Among the top ten firms (see rankings below) are several examples of companies that are household names and market leaders in prominent industries such as high technology, entertainment, and automotive. These leading companies set the example for social responsibility of business not just because it’s the right thing to do, but because it enhances their reputation and impact in the areas of citizenship, governance, and workplace.

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