Why Is Talent Retention So Hard?

Your company worked hard to build a top team, but people keep leaving. Why is talent retention so hard? And how can your organization decrease turnover? Job Hopping Pays Off The average American gets a 3% to 5% raise every year. (Investopedia, 2021) However, when someone switches jobs, the average salary increases between 10% to… Read More »

It’s Time to Develop an Employee Retention Strategy That Works!

Employee turnover is expensive. Between hiring costs, downtime and decreased morale, replacement prices can range from 30 to 400 percent of an individual worker’s annual salary. Obviously, any business can benefit from paying more attention to retention. Here are five ways to develop a more proactive approach. Compensate Fairly Most people know someone who has… Read More »