Staff Retention
Is the staff entrance to your building a revolving door? It is impossible to stress the importance of retaining high performance, and yet:
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two out of three employees would rather work somewhere else
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staff turnover costs thousands of pounds for every departing employee
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eighty percent of staff turnover is unnecessary
Employee turnover is inevitable, but when it is excessive, it can put a
business into the red. The costs of turnover are easy to overlook or
ignore - but you ignore them at your own peril.
Excessive employee turnover has obvious costs you can track, but the real costs take a greater toll. Many new employees do not become fully productive until they've been trained and gain experience, a process that usually takes several months. The time, effort, and money invested in those employees walk out of the door when they leave.
Do you experience this kind of problem? Would you like help in reducing staff turnover? The Profile XT can help you to identify what motivates your people on a one by one basis and enables you to coach them to maximise their potential in your organisation.
Contact Profiles and let us show you how psychometric testing will help you to improve your staff retention.
