Keep Turnover Low and Your Return on Investment High
High employee turnover hurts a company's bottom line. Experts estimate it costs upwards of twice an employee's salary to find and train a replacement, and turnover can damage morale among remaining employees.
Here are some ways to lower turnover in your workplace:
-Hire the right people from the start. Make sure they have the right skills but also fit well with the company culture, managers, and co-workers.
-Review benefits and compensation packages at least annually.
-Bolster employees' engagement. They need a rewarding work environment, recognition from managers, and a challenging position with room to learn and grow.
It is imperative that we continue to leverage the skills of our current employees.
Allow for experienced employees nearing retirement or a new career path to extend their careers, all while mentoring or teaching less experienced colleagues.
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Familiar with Turtle Skin Body Armor?
You may recognize this body armor. Variations of Turtle Skin body armor are used for advanced tactical protection. PSI Industrial Solutions PPE requirements on this Waterblasting project called for going beyond industry minimum safety gear to ensure safety margins.
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