From the bottom line to top line, inflation is top of mind. For many, the last few years may have felt like an almost perfect economic storm for many small businesses. Inflation rates and resignation rates have been high in 2021 and 2022. Many employers were caught off guard by how many employees began to quit ...
According to Gallup, 51% of employees are looking for a new job, and 68% of employees believe they are overqualified for the job they have. Even engaged employees are job hunting at an alarming rate—37%. Employees who change jobs cite career growth opportunities, pay and benefits, management, company culture, and job fit as reasons for ...
Employee turnover is expensive—more so than you might think. According to a recent survey by the Society for Human Resource Management, the average cost-per-hire is $4,129. However, turnover costs can vary depending on the length of time it takes to fill the role, the importance of the position to the employer, and the employer’s industry. ...
