https://hbr.org/2017/12/how-to-improve-the-engagement-and-retention-of-young-hourly-workers

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What would you do if the majority of your entry-level, hourly workforce was planning to leave in less than a year? More than half of the 1,200 young people working in entry-level jobs we surveyed said that was their plan — and less than a quarter felt highly satisfied with their job. That’s expensive for business. Turnover can cost up to 200% of an employee’s annual salary , depending on the role. In industries like retail, customer service, and hospitality, entry-level turnover alone costs billions of dollars each year, based on voluntary turnover rates and annual replacement costs . Meanwhile, employee disengagement results in higher absenteeism, more accidents, lower business pro... Full story

7 days ago, 7 December

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