re·tain rəˈtān/
verb
continue to have (something); keep possession of.
High employee turnover is a company's worst nightmare. Not only does it impact the organization's ability to serve its customers, but it also can have a negative impact on current employee moral.
Studies have shown that the cost of replacing a skilled employee can be as high as 70% of that individuals salary. Factors that contribute to the percentage are recruiting costs, lost productivity & time to train a new person to meet that lost employee's productivity rate.
Fuse will help you devise a retention strategy that reduces turnover to drive net positive bottom line results.
-
Benefit plan selection
-
Communication development
-
Employee recognition
-
Culture development
-
Compensation studies
-
Orientation and onboarding
-
Community service projects