Thirty-three percent of U.S. hiring managers believe employee turnover will increase at their company in 2024, leaving a financial impact and burdening remaining employees, according to a Feb. 28 ...

Ikea tackled sky-high employee turnover rates by increasing wages, offering more flexibility, and simplifying staff workflow — seemingly simple changes that have made a world of difference for ...

If you've been noticing your employee turnover rates climbing, it's time to get to the root cause of the problem and solve it for good if you want to build a solid foundation on which your ...

In my research and work with more than two dozen companies at the nonprofit Good Jobs Institute, I’ve seen that companies, too, pay a steep price for low pay. Low pay drives high employee ...

Ordinarily, economists consider turnover good for productivity. A healthy amount of job-switching allows workers to find the most suitable jobs, and employers to find the employees who will be the ...

As turnover of auditors increases, an accounting firm’s ability to deliver timely, accurate and effective audits declines — and so does overall client service — according to new research from the ...

The accounting profession has always been plagued with high turnover, but now, on the cusp of the so-called Great Resignation, that turnover problem is about to get worse. Firm leaders know all too ...

With labor shortages, low employee engagement and retention challenges, turnover among supply chain ranks is here to stay and likely to rise. According to a recent Gartner survey of 336 supply chain ...

If you have a 10 percent turnover rate, for example, that will mean that, on average, the typical employee stays with the company for 10 years. Some will stay longer, some shorter.

Employee turnover is inevitable, Teague said, but there’s ways to make it less painful. It boils down to creating a culture where collaboration is the norm, person-first institutional knowledge is ...

Amazon's compensation package, which includes a base pay of cash and employee stock, has clearly been enough to attract new talent. But it isn't necessarily enough to keep them around.