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Out of control employee turnover was the main reason why I was first asked to move from Finance to be the VP of Human Resources. Every time a new company recruited me - it was due to employee turnover threatening the very existence of the organization.

In each case I found a company with employee turnover that was near or over the industry average. More importantly they were resigned to being “where they were”. They did not believe anything could be done to dramatically reduce the turnover.

People Profits believes to have a full view you must calculate both the lost revenues AND the cost of recruiting.  This calculator is meant to give a big picture view of lost revenues and recruiting costs. Depending on the size and complexity of your organization, each line item may be much more detailed. People Profits can help you with a courtesy review to help you determine the true lost revenue and cost of recruiting. 

Please click HERE for the calculator. 

It is one thing to make something better

It is something else to MAINTAIN the GAIN!!

So how do you MAINTAIN the GAIN?
 

It must be:

Everybody hates EMPLOYEE EVALUATIONS

BOTH supervisors and employees

I HATE them too- for one reason

Evaluations are by nature - NEGATIVE

The problem is the FOCUS of the process

Evaluations are focused on the PAST and NEGATIVE BEHAVIOR

What if we TURNED that ON ITS' HEAD?

When CEOs estimate their turnover costs

The actual cost is generally 2 to 3 times their estimate

Money swirling into a bottomless pit