Written by Kimberley Startup | July 18, 2013
Congratulations! Your HR & recruitment efforts have finally paid off. You have a winning team on board, business is profitable and running smoothly and customers are more than satisfied. That is of course, until one of your star employees decides to quit with many more following suit.
Last year, two thirds of organisations reported difficulties retaining their employees, according to the CIPD.
But with nearly £270 million per year being wasted on failed recruitment plans, it’s worth taking the necessary actions to ensure you’re doing everything to retain your employees (especially the really good ones).
Employee retention is a fundamental component to the success and growth of your business, and it’s important to incorporate it into your overall HR recruitment strategy if you don’t want to waste valuable time and money.
In fact, improving your employee retention rates can help to:
– Increase productivity within the business
– Assist with promoting you as an employer of choice
– Significantly reduce your recruitment spend
So how can you stop your top talent from leaving your business?
Webrecruit’s (www.webrecruit.co.uk) latest guide, How to Improve Employee Retention, is designed to help employers measure their employee retention rates, and offers tips and advice on how you can improve your employee turnover.
Written for today’s HR Manager, this is a fantastic tool to pinpoint the reasons your star employees might choose to move on – and how you can encourage them to stay with you.
Request your copy by clicking on the download button below.