Do you know your Staff Turnover Costs?
On average, apparently, it costs 75% of a person’s annual salary to replace them… obviously it depends on their position, seniority, skill set, technicality, specialty and a myriad of other factors.
For a free instructions how to calculate what staff turnover costs you … apply here ⇒ Staff Turnover Costs Calculation Instructions
You might be doing exit interviews when they leave, but are you getting the real reason they have left /are leaving, or some watered-down, more palatable reason because the person leaving does not want to ‘burn their bridges’? (I know about this because I did this myself).
Getting an independent body to do your exit interviews would increase the likelihood of you getting better feedback so that you can then do something about a problem should there be one.
We provide this service – see our products page here ⇒ Get exit interview forms.
Recruiting new / replacement staff
Recruiting the right caliber of staff is becoming increasingly important. Hiring the wrong person can have detrimental results. Some organizations do in-house prospecting, while others get employment agencies to do the initial sifting. However, the buck stops with HR to get the ‘best fit’.
We have forms to get you feedback about the hiring process from prospects and newly hired staff. See our products page here ⇒ Get staff entry feedback assessment forms.
The induction process can help a new staff member get to know the organization, its culture; the way it operates and what is expected of them much quicker. It can also help them feel ‘part of the family’ if done in the right way.
We have forms to get you feedback about the induction process and how successful new employees find it to be. See our products page here ⇒ Get induction feedback forms
The training and development process is also very important, not only for new staff, but stalwart employees too. To ensure you get the best return on your investment, make sure they use the training immediately on their return, or they will retain but 10% of what they learnt. Measure progress and implementation; what gets measured gets done.
We have forms to get you feedback about the efficacy of training and development; seminars, workshops, etc. See our products page here ⇒ Get training and development feedback forms
All these and more are available as part of the Staff Audit Package.
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Other pages you might be interested in
How to retain key staff i.e. key staff retention