7 Turnover Statistics You Can’t Unlearn (Number 5 is the Worst)

The following article was posted in September of 2014. It has since been updated as of February 2017 to reflect new stats and insights involving employee retention and turnover. Want more information? We have plenty to offer in these related articles:

In the ClearCompany blog we talk often about retention efforts like employee feedback, 360-performance management and effective communication tools and practices. We spend a lot of time on the topic of retention because we know our audience, and it happens that about 52% of you have likely prioritized attraction and retention as a major business issue.

In light of this growing and common business issue, we compiled several statistics that are meant to really drive home the importance of a great retention strategy. How is yours looking?

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Employee Turnover, Employee Retention, Turnover

Incredible Performance Starts with Onboarding

 

Are you familiar with the term “Breakeven Point”? It’s the point at which gains equal losses. Each new employee hits a breakeven point at different times, unless of course they decide to leave the organization before reaching it. Obviously, the faster that point is reached, the more return on investment the employer gets from their worker. 

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Onboarding, Paperless, Goal Alignment, Company Culture, Productivity, Turnover, ROI

Improve Employee Engagement with Goal-Based Talent Alignment

Here’s a fact you probably wish wasn’t true: your employees aren’t as motivated as you think or even hope they are. It’s statistically likely a large proportion of your workforce is mentally checked out. A recent study by Gallup showed 70 percent of workers are disengaged in their current roles.

Don’t think your company is the exception. Right now, your best employees might be daydreaming about leaving your office for greener pastures. In fact, a study on candidate behavior from CareerBuilder found the very idea of a passive candidate just might be a myth on par with Bigfoot. The study found 77 percent of full-time employees are either open to new opportunities or actively looking for a new job.

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Employee Turnover, Talent Alignment, Employee Engagement, Company Culture, Goals, Office Politics, Employee Retention, Turnover

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