While they may be difficult to quantify, there are significant costs when employees leave the organization. These costs can take the form of hiring expenses, orientation, training and lost productivity because of a lack of familiarity. If employees are performing at the level desired, retention should be an important focus for human resources.
- Considering this please address the following prompts in your discussion:
- What are the factors that influence employee retention?
- What specific steps would you take as a human resource manager to positively reduce employee turnover in your organization?