Tag Archives: retaining top talent

How Employee Training and Development Can Benefit Your Business

How Employee Training and Development Can Benefit Your Business

Like it or not, if you want to ensure your team is performing at its best, employee training and development is a must. Unfortunately, many employers don’t take this into consideration and would prefer not to have to deal with this sort of thing. But the reality is if you want your team to be productive, and your business to be profitable, while preventing it from becoming a revolving door,…

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What Is the True Cost of Turnover?

What Is the True Cost of Turnover

Replacing an employee is an incredibly expensive endeavor, and there’s just no way around that. From the costs of recruiting, training, and onboarding, to the inevitable loss of productivity that takes place, no matter how you slice it, it’s going to cost you a pretty penny. In my experience, many business owners don’t understand the true cost of turnover, and as a result, they often hire and fire much too…

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