Over the years I have found a key element that can drive the success of your business more than anything else is effective hiring. And according to a study by Harvard Business Review, as much as 80 percent of employee turnover stems from bad hiring decisions. When it comes to hiring, it takes time and […]
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How to Avoid the Costs of Employee Turnover
If you’re running a business or leading a team, chances are you’re felt the effects of employee turnover. According to a Gallup study, losing an employee costs anywhere from one-half to two times the employee’s annual salary. For example, a 100-person organization that pays out an average annual salary of $50,000 could have turnover costs […]