Employee Turnover Archives - C-Suite Analytics

Nursing Home Employee Turnover Data Transparently Reported

April 8, 2024
Richard Finnegan
Articles

Who is taking the lead to initiate reporting and accountability for nursing home employee turnover? Our U.S. government. Imagine what we could learn if all healthcare companies reported turnover data.

Can Stay Interviews Cut Turnover for Temporary Help, Too?

October 31, 2023
Richard Finnegan
Articles

C-Suite Analytics’ work with United Facilities cut turnover for full-time workers by up to 58%, cut costs and improved production metrics. Then they elected to take on turnover for their temporary workforce. Could Stay Interviews be as effective for retaining them?

When Non-HR Executives Ask About Turnover…

October 10, 2023
Richard Finnegan
Articles

Sitting in a top management meeting, “turnover” comes up, and all eyes become focused on the HR Director. The forever-assumption has been that HR is about people and turnover is about people too, so HR should therefore solve turnover. So what should HR say when all eyes turn to them?

The Cost of Referral and Cost of Turnover Correlation

September 26, 2023
CJ Higginbotham
Articles

The key turning point is when top team has determined the dollar cost of turnover and realizes paying a percentage of the cost to fill those jobs is a win/win, and actually a bigger win for the company.

Seven Proofs Managers Drive Retention, Not HR

August 29, 2023
Richard Finnegan
Articles

Two years ago, at SHRM21, I gave a presentation called Seven Proofs That Managers Drive Engagement & Retention, Not HR. It was clear then that there was a disconnect between what research tells us and what we do to improve retention. I’m revisiting my notes from that event to see how far retention efforts have come in two years.

Confirmed: Mandated Return-to-Office = Higher Turnover

August 7, 2023
Richard Finnegan
Articles

The forced work-from-home in 2020 and 2021 has led to two immediately-recognizable acronyms: WFH for work-from-home and RTO for return-to-office. From the employee side, WFH represents options. For employers, the combination of WFH + RTO = higher turnover, worse recruiting, and for-certain-resulting lower productivity.

Calculating Turnover’s Highest Cost: Lost Productivity

July 10, 2023
Richard Finnegan
Articles

Part of calculating the monetary cost of turnover for your retention efforts includes placing a dollar value on lost productivity, which is more complex, but more important than many of the direct costs we usually think of when we lose employees.

From SHRM23 Las Vegas: Is It Pay?

June 20, 2023
Richard Finnegan
Articles

When employees seek support regarding any of their daily employee needs, their supervisor is their go-to source. First-line supervisors drive no less than 50% of turnover and 70% of engagement. Research and data support that if the boss is seen as trustworthy, the number of reasons to leave diminish significantly, including leaving for pay.

Preventing Surprise Resignations With Stay Interviews

April 18, 2023
Richard Finnegan
Articles

In a Forbes article, a manager shares the story of losing a top employee unexpectedly. The question arises as to why this happened, but by the time it's asked, it's already too late. This scenario is all too familiar for many managers who have experienced employees leaving without warning.

The Crucial Time of Day for Stay/Leave Decisions

April 3, 2023
Richard Finnegan
Articles

Two hours in the day matter more for turnover than any other hours of that day. Those two hours are the ones immediately after work ends, regardless of each employee’s schedule or shift. The hours when we review our day.