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Talk to us today about how understanding your staff turnover can help retain your talented people.
New employee insights: Only 46% of employees feel inspired by their organisation's vision.
Here are 7 ways to bring your vision to lifeLearn how to encourage your people to thrive…
and stick around.
Don’t lose the talented people you’ve worked so hard to attract and develop. Encourage them to thrive within their roles and stick with you for the long-term.
Our exit surveys and interviews let you get to the bottom of why people leave your organisation, so you can reduce staff turnover, retain your employees for longer and improve employee engagement.
While some employee turnover is natural and even desirable, most organisations recognise the need to reduce turnover and the disruption associated with it. Losing employees is a natural part of running an organisation, but losing key people at the wrong time can cause serious setbacks to project delivery, operational efficiency and customer relationships.
The true cost of employee turnover is not well understood. Calculations of the organisational cost typically arrive at a figure of 50 to 150% of the employee’s annual remuneration, depending on the type of role, bespoke skills required and difficulty of finding a replacement.
Costs include the direct costs of recruiting, onboarding and training the new employee as well as the indirect costs of HR time, manager time, reduced team productivity, reduced customer service levels and lost sales.
Our framework for understanding employee turnover includes four dimensions under your control and two dimensions that are largely outside your control.
The dimensions under your control are:
The dimensions largely outside your control are:
Utilising this framework, we work with you to gather feedback from departing employees to understand what is happening in different parts of your organisation and to determine what can be done to address the identified issues. We can also work with you to craft a realistic and compelling employee value proposition (EVP) to attract the right people and keep them for longer.
We seek to make a real difference to your organisation’s success by offering:
Talk to us today about how understanding your staff turnover can help retain your talented people.
At every step of the way the Insync team provided outstanding support and expert advice, all delivered with a great sense of humour. I couldn't recommend the team more highly for all industry survey needs!
Our recent study of our extensive Exit Survey database, the 2012 Retention Review, found the majority of people leave their jobs because of the job itself - either ...
Simply stated, engaged employees are less likely to leave their job. If an employee has no emotional commitment to their job, there is a greater chance that they ...
Retention of skilled employees is critical for an organisation to achieve consistent high performance.
By having a benchmarked Exit Interview process, you can confirm your gut instincts with hard facts.
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