The process of recruiting, hiring and onboarding talent for your business is a time-consuming and expensive process. According to the Society of Human Resource Management (SHRM), the average cost to ...

Losing productive employees, especially those with in-demand and specialized skills, is expensive. Each loss costs your business time and money in recruiting, training, and lost production. You want ...

Everyone agrees that turnover is expensive, but the exact cost is widely debated, falling anywhere between 30%–200% of an employee’s salary. Plus, it can be hard to put an exact number on the impact ...

High employee turnover is a critical concern for businesses, leading to substantial costs and disruptions in daily operations, directly impacting the bottom line. The financial strain of hiring and ...

Employee turnover can be a highly costly burden on small to medium-sized enterprises, but could emerging technologies like artificial intelligence prompt improvements in retention rates? With the ...

High turnover can also lead to decreased morale among remaining staff, inconsistency in service quality and, ultimately, a negative impact on the bottom line. Simply put: Show your team you care about ...

When you run a business, you will inevitably lose some of your employees over time. If you don’t replace those employees, it can lead to employee attrition, which can cause issues like understaffing, ...

Forbes contributors publish independent expert analyses and insights. Forbes Contributor covering the future of entertainment technologies. Late last year, The Washington Post proclaimed, "workers are ...

At Bridge Industrial, a real estate company in Chicago's West Loop neighborhood, the voluntary turnover rate in its most recently completed fiscal year was 2%. The average for that industry: 19%.