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Tommy Boy: Lessons on Building Culture, Legacy and Human Capital

Posted by Ryan Howard on Thu, Apr 18, 2013  |  Share       

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Topics: employee turnover rates, Human Capital, employee morale

Top 5 Ways to Reduce Employee Turnover Rates

Posted by Ryan Howard on Tue, Nov 13, 2012  |  Share       

Ask any hiring manager what their biggest annoyance is and they will invariably tell you it’s increased employee turnover rates. Regular employee turnover rates require so much more work for hiring, processing, and getting your new employees back up to speed of where the departing employee was; it’s enough to make even the calmest heads spin. However there are things which can be done at multiple stages to figure how to reduce your employee turnover rates and keep your staff congealed. Whether your business is big or small here are the top 5 ways to reduce employee turnover rates in your staff.

Reference Checking: One of the first places hiring managers can do more of an investigative job is during the reference check process. Of course when you are interviewing the candidate a good tool is to probe a little bit deeper on the questions of who these references even are and what the candidate thinks will be said about them. If you as the HR manager do a deeper job on the reference you may uncover a serial job hopper; at the very least you will be able to glean a little bit more about how the employee will fare by opening up the references and finding out more. This may help freeze employee turnover rates.

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Topics: employee turnover rates, performance review comments

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