Employee Retention – Tips to Improve the Biggest HR Challenge

Employee Retention Tips to Improve the Biggest HR Challenge. It is undeniable that employee turnover is expensive. The total estimated cost of losing a single position to turnover ranges from 30 percent
of the annual salary of the hourly employees to 150 percent.

Employee Retention – Tips to Improve the Biggest HR Challenge

Employee Retention is a continuous challenge for both the managers and the HRs. You spend time scanning multiple resumes, interviewing candidates, hiring, and onboarding them. You invest in people, provide them training, and expect to enjoy the fruits of your hard work – just to lose them to a competitor.