Employee retention

Employee retention refers to the ability of an organization to retain its employees. Employee retention can be represented by a simple statistic (for example, a retention rate of 80% usually indicates that an organization kept 80% of its employees in a given period).

  • As experts in personnel outsourcing, we know very well the importance of carrying out a correct selection process, to recruit the best candidates. However, a company that does not provide consistency to the hiring of talents, is undoubtedly suffering from leaks. But what do we mean consistently when hiring talents? Because in the same way that a company has expectations about an employee, he also expects something from the company to which he will provide his services. This is where motivation plays a fundamental role. That's why in Fischer & Partners Recruitment & Executive Search we tell you 5 ways to keep your employees constantly motivated:


  • The resignation of talent is a problem that affects many companies, especially SMEs, since most times, multinationals offer not only higher salaries, but the possibility of professional growth and of course, to make a more attractive curriculum. That is why it is essential that companies design incentive programs for their employees, both to recruit and retain talent. In Fischer & Partners Executive Search & Recruitment, we tell you the steps to follow to elaborate it:


Employee retention

Employee retention refers to the ability of an organization to retain its employees. Employee retention can be represented by a simple statistic (for example, a retention rate of 80% usually indicates that an organization kept 80% of its employees in a given period).

 

No matter the size or stage your business is currently at, having employees leave is just bad for business. A high employee turnover rate can cost “twice an employee’s salary to find and train a replacement.” Not only are there financial repercussions, a high turnover rate can also lower the knowledge base in your company and decrease performance and morale.