Reducing Turnover in your Small Business
A Multi-pronged Approach
The Alberta HR Trends Report put out by the Human Resources Institute of Alberta in March indicates that the cost of turnover has gone up significantly over the past year, from $16,790 to $22,600. Not surprising given the amount of lay-offs and the inevitable severance pay that employers provide. But the costs include more than just severance. Things like legislated notice requirements, the time required to manage the departure, the time and money to recruit Read the full article…
Written by Deanna Hunter
On the category of Talent Retention