Invest in Your Top Talent to Reduce Turnover and Expenses
1.00 SHRM PDCs | Competencies: Business Acumen, Critical Evaluation | Intended Audience: Mid-Level
Learn reasons for employee turnover, the costs of turnover, effective recruitment and retention planning, and best practices in reducing turnover.
Rising employee turnover is a long-standing management concern. Generally, it is easier and more cost-effective to keep current employees happy than to acquire new ones. With low unemployment, turnover has been increasing for many employers. It is not enough to invest in recruiting top talent—the real return on investment comes in understanding turnover to retain your top employees. Turnover analytics can tell the story about your company’s leadership, culture, processes and procedures. This session will discuss ways to reduce turnover and associated costs.
- Learn reasons employees leave and the costs associated with turnover.
- Learn how to identify critical staff for your retention efforts.
- Gain best practices for HR planning and retention plans and for reducing turnover.
Presenter:Paula H. Harvey, SHRM-SCP, Vice president of human resources/safety,
Schulte Building Systems Inc.